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Global Hemorrhage
Control System
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016
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Report
Description
Report Description
Bleeding is the leading cause of death in almost all types of traumatic injuries. Also it has
been noted that stopping haemorrhage early can prevent death in almost 90% of cases.
However many trauma patients arriving late to the hospitals develops coagulopathy.
Haemorrhage Control System are devices designed to halt severe bleeding from open
wounds, during injury especially in situations where tourniquets and haemostatic agents
such as bandages and wound dressings are not effective. The device is effective in sealing
the edges of a wound to create a temporary hematoma under pressure that lessens
blood loss before surgery.
Haemorrhage control systems create mechanical direct pressure i.e. pressure outside the
bleeding vessel which neutralises pressure inside the bleeding vessel and results in
haemostasis.
Haemorrhage control systems market comprises of the devices, used during emergency
situations, which helps to stop bleeding.
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The main factor driving the growth of haemorrhage control system testing market is
increasing number of traumatic battlefield injury. Also, the growth of haemorrhage
control system market is attributed to government approval for marketing the product in
different regions. Secondly increased usage of the device for military medical applications
also drives the market for haemorrhage control systems.
Report
Description
Report Description
However apart from the factors leading to the growth of this market, there are some
restraints hampering the market growth over the forecast period for example lower
awareness regarding haemorrhage control systems, reluctance to use the devices during
emergency due to fear of causing additional trauma.
On the basis of region presence, haemorrhage control systems marketis segmented into
five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East &
Africa.
The rapid development in technology, increasing healthcare expenditure and willingness
to adopt innovative products for emergency care are some of the key factors projected to
drive the growth of haemorrhage control systems market globally during the forecast
period. North America holds a major share of market and it is expected to grow with a
healthy CAGR over the forecast period, due to increased government spending for
emergency first aid products for military application. Whereas Asia pacific is projected to
grow with the fastest CAGR due to factors such as increased healthcare spending for
emergency medical applications and rising number of trauma cases. Haemorrhage
control systems market in Western Europe is also anticipated to grow with a decent
CAGR, due to changing government norms in some countries.
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Report
Description
Report Description
Main Key market players in the global hemorrhage control systems includes RevMedx,
Inc., iTraumaCare and few more. Whereas global hemorrhage control systems market is
expected to witness entry of local players within this market.
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