Hemostasis & Tissue Sealing Agents Market Business Segmentation By Revenue And Structure Forecast 2027

 


Hemostasis is a physiological processes, which maintains fluidity of blood by preventing blood loss from body. Hemostasis is characterized by clot formation by activating the natural coagulation cascade. However, in cases of major surgeries and trauma, the blood loss is excessive and cannot be stopped through natural healing process. Thus, hemostats and tissue sealing agents aid in such situations by minimizing the blood loss and helps in healing the injury. Hemostats and tissue sealing agents are increasingly being used, as excessive bleeding during surgical procedures can lead to high risk. Moreover, excessive bleeding can also result in postoperative complications that include prolonged surgical procedures and insufficient blood in the body.

Hemostats and sealants are medical devices used to cease bleeding and hemorrhage caused by injuries and surgical procedures. Hemostasis & Tissue Sealing Agents Market is expected to witness lucrative growth over the next seven years owing to increase in demand supported by rising surgery volumes. Growth in geriatric population and prevalence of chronic conditions is one of the impact rendering drivers. As per the Centers for Disease Control and Prevention (CDC) statistics, over 45% of American population suffers from at least one chronic condition requiring critical care.

Moreover, large number of surgical procedures across the globe are impacting the growth of the market positively. Increasing numbers of surgery procedures worldwide is one of another reason for driving the growth of the hemostasis and tissue sealing agents market. Surgeries are performed by making cut on the body which leads to the wound formation. Hemostasis and tissue sealing agents products are used in external surgical processes for reducing bleeding. For example, they are used in neurosurgical procedures, cardiac surgery, bariatric surgery, leg surgery, cesarean and orthopedic surgery. Hemostasis and tissue sealing agents products, are frequently used to reduce complexity and reduce recovery time after surgery. The high surgical procedure numbers lead to rising need for hemostasis and tissue sealing agents which reduces the risk during surgical procedures. However, factors such as increasing advancement minimally invasive procedures, lack of reimbursement for these products is hampering the growth of the market.


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