Polysaccharide Hemostatic System Market is anticipated to show a robust growth rate during the forecasted period of 2021-2031

Fact.MR: Patients who undergo invasive medical procedures are often susceptible to excessive blood loss, especially cesarian deliveries and major organ surgeries. This has highlighted the pressing need for effective blood control management systems. Owing to this factor, Fact.MR projects positive growth prospects for polysaccharide hemostatic system market during the forecast period 2021-2031.

Due to growing public awareness regarding minimally invasive medical procedures and pervasiveness of chronic diseases, the demand for polysaccharide hemostatic systems will increase at a positive pace.

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Key Takeaways from Polysaccharide Hemostatic System Market Survey

  • Sales outlook for polysaccharide hemostatic system market to positive for the period between 2021 and 2031.
  • In terms of applications, orthopedic surgeries will dominate the segment, followed by cardiovascular surgeries.
  • The U.S. polysaccharide hemostatic system market is anticipated to witness healthy growth through 2031, owing to wide adoption of technologically advanced medical systems.
  • The U.K. polysaccharide hemostatic system market will grow at a steady pace, owing to research and development and new product launches in the country. 

Growth Drivers:

  • Research and development aimed at increasing product efficacy will lead to better sales prospects in polysaccharide hemostatic system market.
  • Increasing adoption of technologically advanced medical devices will foster market sales in the upcoming years.

Key Segments

By Product

  • Polysaccharide Hemostatic System

By Application

  • Orthopedic Surgery
  • General Surgery
  • Neurological Surgery
  • Gynecological surgery
  • Reconstructive surgery
  • Cardiovascular surgery
  • Other surgeries

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By End User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Community healthcare
  • Surgery Centers
  • Nursing Homes
  • Others

Competitive Landscape

Leading players in the polysaccharide hemostatic system market are investing in research and development to enhance their product portfolio. Additionally, gaining patents and approvals from regulatory bodies will remain a major growth strategy for the market players. For instance, in February 2021, EndoClot Plus Inc., received the approval from U.S. Food and drug Administration (FDA) for its polysaccharide hemostatic system. The PHS system is a starch-based powder hemostat that reliably controls gastrointestinal bleeding.

Key Manufacturers of Polysaccharide Hemostatic System Include:

  • Starch Medical Inc.
  • Medical Expo
  • Medical Devices Business Services Inc.
  • CryoLife Inc.
  • EndoClot Plus Inc.

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