According to the business intelligence report titled ‘Global Hemostasis Valves Market, 2021-2027’, available with MarketStudyReport, global homeostasis valves market is slated to grow at an annual rate of 5.6% between 2021-2027.
 

Increasing patient pool with various illnesses, growing number of interventional & surgical procedures, and rising incidence of cardiovascular diseases are the key factors driving global hemostasis valves market expansion.
 

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For the unversed, hemostasis is a physiological process to stop and prevent bleeding. It involves three steps-vasoconstriction, coagulation, and platelet plug formation. Some people are born with a blood disorders in which blood does not clot properly due to defective clotting proteins or lack of sufficient blood-clotting proteins. A hemostasis valve maximizes safety of patient, decreases blood loss, and averts risk of air embolism.
 

While growing geriatric populace, and surging demand for intensive hemostasis devices will aid revenue inflow,  risk of air embolism will act as a challenge for businesses in this domain.
 

Based on product gamut, global homeostasis valves industry is split into hemostasis valve Y-connectors, double Y-connector hemostasis valves, and one-handed hemostasis valves. Speaking of application scope, the market sphere is divided into angioplasty, and angiography. Information about market share captured, growth rate estimates, sales amassed, and valuation of each segment is included in the report.
 

From regional frame of reference, North America held majority market share in the recent past, due to presence of leading players, and increasing incidence of blood disorders. Meanwhile, Europe market is projected to record significant growth between 2021-2027, owing to growing prevalence of hemophilia.
 

Leading players shaping worldwide hemostasis valves market dynamics are Terumo Corporation, Boston Scientific Corporation, Freudenberg Medical LLC, Teleflex Incorporated, and Merit Medical Systems Inc.
 

These companies are undertaking strategic decisions such as collaborations, partnerships, mergers & acquisitions, product launches, and research & development investments to enlarge profit margins and strengthen their foothold in this business sphere.