Market Research Trends

According to Future Market Insights' most recent analysis, the global Hemostatic Gels Market will be worth US$ 1 billion in 2022, with sales expected to grow at a 6.8% CAGR during the forecast period. Against this backdrop, the market will exceed US$ 1.9 billion by 2032. The growing use of hemostatic gels during surgical procedures to manage blood loss is driving up demand for effective hemostatic gels. Furthermore, the increasing prevalence of chronic diseases necessitates the use of these gels. According to the Centers for Disease Control and Prevention (CDC), more than 45% of Americans have at least one chronic disease that necessitates surgical intervention. Every year, approximately 2,000,000 people die from haemorrhage, with approximately 1,500,000 deaths due to trauma injuries. Similarly, nearly 60,000 people die in the United States each year as a result of haemorrhaging and blood loss. These figures demonstrate the importance of using hemostatic gels during surgical p...

As per Future Market Insights’ latest analysis, the global  Hemostatic Gels Market  is estimated to reach a valuation of  US$ 1 Bn  in 2022, with sales projected to grow at a  6.8% CAGR  over the forecast period. Against this backdrop, the market size will surpass  US$ 1.9 Bn  by 2032. Increasing adoption of hemostatic gels during surgical procedures for blood loss management is spurring demand for effective hemostatic gels. Furthermore, rising prevalence of chronic diseases is necessitating the adoption of these gels. According to the Centers for Disease Control and Prevention (CDC), more than 45% of the population in the U.S. suffers from at least one chronic disease that requires surgical procedures. Globally, around 2,000,000 people die from hemorrhage each year, out of which approximately 1,500,000 deaths are due to trauma injuries. Similarly, every year almost 60,000 people die in the U.S. due to hemorrhaging and blood loss. Th...