The global Antibleeding Gel Market has witnessed a surge in demand on account of the popularity of these gels in recent times. Antibleeding gels work on the principle of clotting the blood platelets together that stops bleeding and effectuates the healing process. These gels are used for mild over-the-surface cuts and injuries, and aren’t recommended for deep cuts or severe wounds. Transparency Market Research (TMR) has analyzed the market dynamics in a report titled ‘Antibleeding Gel Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024’. The report is an important standpoint to gauge the opportunities that lie in the market over the coming years.
The market is driven by the rising toll of sports injuries, and antibleeding gels can quick healing solutions for mild injuries. Furthermore, households have begun storing these gels for emergency usage. This has been an important standpoint for market growth, offering commendable opportunities to market players. Vetigel, the hemostasis gel to stop bleeding in animals, is being modified to get a type suitable for humans. The successful development of this gel is expected to provide an impetus to the market. Other products in the market include Floseal and LeGoo.
The market can be segmented along the following parameters: indication, type, distribution channel, and geography. Based on geography, the North America and Europe are anticipated to dominate a substantial share of the market over the coming years. Asia Pacific, on the other hand, is expected to exhibit the highest growth over the same timeframe. Other segments include the Middle East and Asia and Latin America.
The leading market players include Cresilon, Inc., Baxter Healthcare Corporation, and Z-Medica.
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