The Indian hemostat market, valued at USD 54.1 million in 2015, is anticipated to experience significant growth over the next decade. The market is projected to expand at a robust Compound Annual Growth Rate (CAGR) of 5.8% from 2016 to 2025. This growth is driven by advancements in hemostat products and increasing adoption among medical practitioners and surgeons, fueled by …
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Indian Hemostat Industry’s Strong 5.8% CAGR Forecast from 2016 to 2025 | FMI Study
In 2015, the Indian Hemostat Industry showcased an impressive valuation of US$ 54.1 million, marking a significant milestone in the healthcare sector. A new era of expansion is on the horizon, as it is projected to maintain a compound annual growth rate (CAGR) of 5.8% from 2016 to 2025. This remarkable growth is attributed to …