Hemostats Market 2030: Exploring Combination Hemostats Trends
The global hemostats market size is anticipated to reach USD 4.24 billion by 2030, expanding at a CAGR of 6.76% from 2024 to 2030, based on a new report by Grand View Research, Inc. This growth can be attributed to the increasing competition among market players and rising approvals for hemostats from various regulatory authorities, such as the Food and Drug Administration (FDA). Moreover, increasing adoption of minimally invasive procedures and significant improvements in healthcare infrastructure are propelling the demand for hemostatic agents. A rising number of surgeries is a significant driving factor of market growth. For instance, according to the American Society of Plastic Surgeons (ASPS), there were 26.2 million surgical and minimally invasive cosmetic and reconstructive procedures performed in the United States in 2022. Furthermore, an increasing volume of orthopedic, cardiovascular, and hernia repair surgeries drives the demand for hemostats. Moreover, the ...