The increase in the number of surgeries such as orthopaedic surgery, gynaecological surgery, reconstructive surgery, and cardiac surgery; rise in various cancer types that require surgical procedures; and development of new Hemostats Market product market by a large number of key players are driving the growth of the global hemostats market. Furthermore, the increased use of flowable hemostats drives the flowable hemostats market.
According to the International Osteoporosis Foundation, osteoporosis-related fractures affected approximately 200 million people worldwide in 2019. As the prevalence of orthopaedic disorders rises, so will the demand for hemostats to reduce surgical injuries, which is expected to drive the hemostats market size. Furthermore, the growing geriatric population contributes significantly to market expansion.
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