The hemostats market is projected to grow to $5.32 billion by 2031, experiencing a compound annual growth rate (CAGR) of 6.9% during the forecast period. Key factors fueling this growth include the rising number of surgical procedures, significant advancements in surgical device research and development, and an increasing incidence of accidents. Additionally, the market is supported by a growing number of cesarean deliveries, fatal injuries, and organ transplantations.
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