Thursday 25 August 2022

6 Key Projections on Future of Hemostatic Forceps Industry

 


Hemostatic forceps are a basic medical instrument used to control bleeding during various procedures. They are typically long and slender, designed to reach the blood vessels while minimizing trauma to surrounding tissues. Most hemostatic forceps are made of high-quality carbon steel, which makes them strong and durable. They also come in disposable models, which are made of plastic and are intended to be used once. Despite the fact that the term "hemostat" is often misunderstood, these forceps are actually part of the same family.

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One type of hemostatic forceps is the gSource hemostatic forceps, which is made of stainless steel and ratcheted handles. Its working end jaws can clamp onto blood vessels and restrict arteries, allowing the surgeon to control bleeding and tissue during surgery. The gSource hemostatic forceps can be used by a single surgeon and are extremely durable. To ensure that the hemostatic forceps can withstand the rigorous demands of surgical procedures, it is important to understand the different types available.

Growing prevalence of chronic disease such as cardiovascular disease, cancers, diabetes and increasing incidence of accidents to propelling growth of the hemostatic forceps market. Increasing number of surgical procedures and other treatments is again anticipated to augment market growth over the forecast period. According to American Board of Facial Plastic and Reconstructive Surgery, the total number of surgical and non-surgical facial plastic surgery treatments is up dramatically. An estimated 1.4 million surgical and non-surgical procedures have been done in the past year, with plastic surgeons performing an average of 600 more procedures than they did in 2020, a 40 percent increase.

North America is expected to gain significant growth over the forecast period owing to the high prevalence of chronic disease and increasing healthcare expenditure. According to the National Health Council, chronic diseases affect approximately 133 million Americans, representing more than 40% of the total population of this country. By 2020, that number is projected to grow to an estimated 157 million, with 81 million having multiple conditions.

Key Developments:

1. In July 2021, Medcura, Inc., a commercial-stage medical device company, in partnership with ASO, LLC, a major U.S. manufacturer and supplier of first aid products, announced the launch of a high-performance, antibacterial hemostatic gel, Rapid-Seal®


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