Hemostats Market Analysis | United States | 2016-2022 | MedCore
- Year: 2016
- Scope: 2012-2022
- Region: United States
- Pages: 55
- Published Date: 8/1/2016
- Type: MedCore
Thrombin has traditionally been the most popular hemostat due to its ability to rapidly cause clotting. However, as physicians become more aware of some of the safety concerns relating to using thrombin products, they will move towards plant-based and combination products, which are either more affordable or effective. Collagen-based hemostats represented the smallest segment in 2015, and will continue to do so through 2020. These hemostats are a well-established technology and will continue to have a stable presence in the market. Preferences for combination products that contain collagen will take market share from the collagen-only segment. Collagen-based hemostats have potential side effects which will limit the market. Over the forecast period, combination hemostats are expected to grow steadily and will overtake thrombin hemostats to represent the majority of the market. Many competitors have been putting a greater focus on their combination products. In addition, several products in this market are approved for multiple indications and surgical specialties, which creates greater growth potential in the market.
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