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(Medical-NewsWire.com, February 12, 2018 ) According to the North America Haemostatic Agents Market Research Report, the market was worth USD X.XX billion in 2017 and estimated to be growing at a CAGR of XX.XX%, to reach USD XX.XX billion by 2022. Haemostatic Agents refers to the class of substances that are usually used to promote haemostasis or to stop bleeding. Haemostats are the technical term given to instruments used to reduce or halt bleeding during a surgical procedure.
The major technological advancements in the field have increased the usage of haemostats in surgical procedures in recent times. Common problems faced by haemostats include tissue contamination and ease of usage. These have been addressed in the latest wave of innovations
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The major factors affecting the Haemostatic Agents market include the rising prevalence of diseases and rising awareness regarding latest medical practices. Other drivers include increasing health consciousness among consumers, use of new inventions and enhanced technologies. As for the restraints of the market, the high costs and the unfavourable reimbursement policies are the major hurdles. This along with the fact that people are not aware of the latest developments in developing and underdeveloped countries restrain the market growth.
North America Haemostatic Agents market Segmentation by Type into Thrombin Based Haemostats, Gelatin Based Haemostats, Collagen Based Haemostats, Oxidized Regenerated Cellulose Based Haemostats, Combination Haemostats, Fibrin Sealants and Others, by Treatment into Cardiovascular, General Surgery, Digestive Surgery, Neurosurgery and Others, and based on End User into Hospitals, Surgery Centres, Nursing Homes and Others. Based on geography, the North America market is analysed under USA and Canada. The North American market has the largest market share globally inspite of the having a low growth rate in recent years. This is expected as the scope for development in the region is quite low and the entrant of new players into the market is not encouraged by the presence of major market players native to the region.
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Haemostatic Agents market is highly competitive with a large number of players. Haemostatic Agents Industry Key players dominating the market with their products and services are Ethicon, Pfizer, Baxter International, R. Bard, The Medicines Company, Anika Therapeutics, Advanced Medical Solutions, Integra LifeSciences, B Braun Melsungen, Gelita Medical, Equimedical, Vascular Solutions, Marine Polymer Technologies and Z-Medica.
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Source: EmailWire.Com 
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