North American Market Forecast
The surgical hemostats market in the region is estimated to hold a share of about 35% by the end of 2037. The market growth in the region is due to the rising spending on healthcare. As a result, companies are spending more on technological innovations in healthcare, with a particular emphasis on advanced surgical techniques. For instance, the amount spent on health care in the United States increased by around 4% in 2022 to over USD 3 trillion. The integration of robotic-assisted surgeries and other cutting-edge technologies necessitates specialized surgical hemostatic solutions. Surgeons increasingly rely on precise and efficient surgical hemostats to complement these innovations.
APAC Market Analysis
The Asia Pacific region will also encounter tremendous growth for the surgical hemostats market during the forecast period and will hold the second position owing to the rapidly growing population. With a significant proportion of the global populace residing in this region, there is a consequent increase in the demand for surgical interventions. As healthcare infrastructures expand and access to medical services improves, the number of surgeries performed in the Asia Pacific region rises, creating a substantial market for surgical hemostats to manage bleeding effectively in diverse surgical procedures.
Author Credits: Radhika Pawar
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