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Antibleeding Gel Market Growth Opportunities & Technology Developments by 2024
Posted: Apr 06, 2019
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Vetigel is the first antibleeding gel invented by 17 year old student of New York university student Joe Landolina, now e is CEO of biotech company Suneris (now known as Cresilon, Inc.). He formed the gel made from algae based polymer (plant polymers) that mimics the human extracellular matrix, or ECM, the substance that forms a kind of scaffoldings in the body to holds cells together and also trigger the clotting process if there is an injury. The gel stops bleeding in 12 seconds and start healing process. Vetigel is the hemostasis gel kit for animal use only, and trails are going for human use, if the gel gains FDA approval for human use, it will be first used by military persons, then to treat traumatic condition, then in operation rooms and finally for individuals home.
The another product LeGoo gel used to stop or control temporary bleeding in surgery.to join the blood vessels during surgery, it is necessary to temporary stop blood without damage to blood vessels, by avoiding clams or elastic loops. LeGoo is the solution form drug, when it is injected into blood vessels it forms gel plug and stop the bleeding for 10-15 minutes. Floseal is also antibleeding product is also used in surgical procedures to stop the extra blood flow, manufactured by Baxter Healthcare Corporation.
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The market of antibleeding gel is segmented as by product type, by Indication, by distribution channel and by geography. By product type the gel is further segmented as veterinary use and for human use. By indication, the market is further segmented as Biopsies of soft tissue, Trauma, Enucleations, Orthopedic surgeries, Mass removals, Dental extractions etc. The increasing incidences of road accidents, traumas will drive the market for antibleeding gel market. In accidental injuries amount of blood flows out and that may be cause death of person. The use of antibleeding gel in such cases may save the life of person.
In gel is also used in different type of surgical process to control the blood flow. The gel can be also used by athletes to immediate stop the bleeding by injury. The rising interest among sports may also drive the market of anti-bleeding gel globally. The gel can be also used for militants for instant healing and stop bleeding by different type of injuries. By distribution channel the market has been further segmented as retail Pharmacy, veterinary pharmacy, drugstore, online pharmacy etc.
Geographically, the global antibleeding gel market has been segmented into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. North America and Europe commanded a large share of the antibleeding gel market, As VETIGEL is available in U.S. and U.K. veterinary markets and is anticipated to transform standards. The product knowledge is more in these region will also drive the antibleeding gel market. However, Asia-Pacific is anticipated to witness the maximum growth rate during the forecast period. Growth in the Asia-Pacific market is due to improvements in healthcare infrastructure. The Latin America & Middle East will make small contribution for the market for antibleeding gel.
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Major players in Antibleeding gel market include Cresilon, Inc., Baxter Healthcare Corporation, Z-Medica etc. Cresilon, Inc. governs the major shares of Antibleeding gel as the product provided by the only company for antibleeding.
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