Forecast of Global Hemostat Powder Market 2023

Global Hemostat Powder market will register a 5.5% CAGR in terms of revenue, reach US$ 260 million by 2023, from US$ 190 million in 2017. When blood vessel walls are disrupted during surgeries, there are occurrences of blood loss, which needs to get coagulated. This process of blood clot formation at the site of injury is known as hemostasis. Hence, hemostats offer temporary blockage by forming blood clot to control bleeding.