FMIblog

  The hemostat market is witnessing significant traction owing to growing demand for effective wound closure solutions during surgical and trauma procedures. Hemostats, chemical agents designed to control bleeding and promote clotting, have become indispensable in modern healthcare practices. Available in multiple forms such as sponges, gauzes, strips, films, and powders, these products are increasingly being adopted by surgeons to reduce blood loss and ensure patient safety. Market Value and Forecast The global hemostat market was valued at USD 54.1 million in 2015 and is projected to expand at a CAGR of 5.8% from 2016 to 2025. This steady growth trajectory is supported by an increase in surgical procedures, a rising geriatric population, and continuous product innovation. With trauma cases and complex surgeries becoming more common, demand for efficient hemostatic solutions is expected to accelerate. Advancements in technology and a growing preference for minimally invasiv...