Hemostats Market - Global Forecast to 2020 - Increasing Surgical Procedures & Rising Number of Insurance Providers

Mar 02, 2016, 13:10 ET from Research and Markets

DUBLIN, March 2, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/dffhzz/hemostats_market) has announced the addition of the "Hemostats Market - Global Forecast to 2020" report to their offering.

The global hemostats market size is anticipated to reach $2.76 Billion by 2020, at a CAGR of 6.2% from 2015 to 2020.

Factors such as increasing surgical procedures and rising number of insurance providers are driving the hemostats market. According to Center for Disease Control and Prevention (CDC), 51.4 Million surgeries have taken place in the U.S. in 2014. The increase in number of surgeries accelerates the demand for hemostats and thereby is driving the growth of the market. However, the high cost of products hinder the growth of the global hemostats market.

Based on product type, the global hemostats market is segmented into thrombin-based, oxidized regenerated cellulose based hemostats, combination hemostats, gelatin based hemostats, and collagen based hemostats. The thrombin based hemostats segment dominates the hemostats market and is projected to grow at a significant pace during the forecast period, in terms of value.

Based on geography, the global hemostat market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. Each region is further segmented into countries, covering around 50 countries, globally. The market in the Americas is one of the key geographical segments that generates major revenue in the global hemostats market.

The growth in the Americas hemostats market is attributed to the increase in number of surgical procedures. However, the hemostats market in Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period. Increasing healthcare infrastructure along with rise in number of surgeries are propelling the growth of this market.

Companies Mentioned:

  • B. Braun Melsungen Ag
  • Baxter
  • C. R. Bard, Inc.
  • Equimedical
  • Gelita Medical Gmbh
  • Integra Lifesciences Holdings Corporation
  • Johnson & Johnson Services, Inc.
  • Marine Polymer Technologies, Inc.
  • Pfizer Inc.
  • Vascular Solutions, Inc.
  • Z-Medica, Llc

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview

5 Hemostats Market, By Product Type

6 Hemostats Market, By Geography

7 Competitive Landscape

8 Hemostats Market, By Company

For more information visit http://www.researchandmarkets.com/research/dffhzz/hemostats_market

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SOURCE Research and Markets