The Business Research Company’s Hemostasis Diagnostic Devices And Equipment Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON, UK, August 3, 2021 /EINPresswire.com/ — The global hemostasis diagnostic devices and equipment market is expected to grow from $1.93 billion in 2020 to $2.99 billion in 2021 at a compound annual growth rate (CAGR) of 54.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4.27 billion in 2025 at a CAGR of 9.3%. The increased likelihood of older people being diagnosed with a disease is driving the number of surgeries such as cardiovascular diseases (CVD), using hemostasis devices.
Due to the higher incidence of diseases with advancing age, there is an increase in the number of surgeries in elderly patients nowadays. These hemostasis devices are very efficient in speeding up the natural process of clotting in the blood and can monitor anticoagulation and transfusion therapy guidance in any surgery. According to the American Heart Association report, Americans older than 80 have a high risk of devolving a cardiovascular disease (CVD), around 83% of men and 87.1% of female will be suffering with any form of CVD, therefore, to improve the comfort of the patient and the success rate of surgeries as a result hemostasis device has been implemented widely.
The major players covered in the hemostasis analyzers market are C.R. Bard, Baxter International Inc., Pfizer Inc., Johnson & Johnson, Abbott Laboratories.
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The hemostasis diagnostic devices and equipment market consists of sales of hemostasis diagnostic devices. Hemostasis is a process of slowing and stopping the blood flow to initiate wound healing after a vascular injury. Hemostasis is the first step of healing a wound, it happens in three main stages, blood coagulation, platelet plug formation and lastly vasoconstriction. There are three types of devices which help speed up the hemostasis process, vascular closure devices (VCD), compression devices, and there are bandages coated with agents which will speed the clotting process. With the help of hemostasis diagnostic devices, we can predict the cause of bleeding during surgery by identifying any hemostatic defects which patients may have.
TBRC’s global hemostasis diagnostic devices and equipment market report is segmented by product into analyzers, coagulation instrument, other hemostasis instruments, reagents and kits, by end user into hospitals, clinics, independent diagnostic, laboratories, others, and by device technology into automated, semi-automated, manual.
Hemostasis Diagnostic Devices And Equipment Global Market Report 2021: COVID-19 Impact And Recovery To 2030 is one of a series of new reports from The Business Research Company that provides hemostasis diagnostic devices and equipment market overview, forecast hemostasis diagnostic devices and equipment market size and growth for the whole market, hemostasis diagnostic devices and equipment market segments, and geographies, hemostasis diagnostic devices and equipment market trends, hemostasis diagnostic devices and equipment market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
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Source: EIN Presswire