Overview:

Hemostats are instruments used to reduce or stop bleeding during surgery. These agents Useful in non-anatomical diffuse bleeding, bleeding associated with sensitive structures and Haemorrhage in patients with hemostatic abnormalities. Hemostatic agents are classified in two Types that are physical agents and biologically active agents. Advanced technologies have increased use of haemostatics in surgical procedures.

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Drivers and Restraints:

Increasing number of surgeries, introduction of multi usage and ready to use products, rising geriatric population, increasing chronic diseases, advancement of technology in minimally invasive surgeries, rise in awareness regarding latest medical practices and increasing health consciousness. However high cost of the products and unfavorable reimbursement policies are hindering the growth of the market.

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Geographic Segmentation

The Asia Pacific Haemostatic Agents market has geographically segmented into China, India, Japan, South Korea, and Australia. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. In addition to having the highest growth rate, the region also has the third highest market share. The rapid growth of the region can be attributed to the developing stature of countries such as India and China.

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Major companies in the market are Ethicon, Pfizer, Baxter International, R. Bard, The Medicines Company, Anika Therapeutics, Advanced Medical Solutions, Integra LifeSciences, B Braun Melsungen, Gelita Medical, Equimedical, Vascular Solutions, Marine Polymer Technologies and Z-Medica.

Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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