Market Report

Hemostasis is process of blood clotting. Hemostats are surgical agents which regulate the bleeding during surgeries. Blood clotting plays an important role in various surgeries to achieve positive outcomes with the reduction in blood loss. It also helps to shorten the surgery time and reduces the need for blood transfusion. The importance of hemostasis has led to the development of wide variety of surgical agents. These agents vary in their mechanism of action, composition, ease of application and cost. The Europe hemostasis market is believed to grow at a CAGR of 4.4%. The hemostat market share of Germany has been estimated to be greater than 20% in 2017. What is a Hemostat? Hemostat is a surgical tool which is used to control bleeding. Hemostats can be used for oozing venous type bleeds, bone bleeding, needle-hole bleeding and surgical bleeding. There are numerous advantages of using hemostat such as reduction in the number of complication caused due to profuse bleeding, decreased o...