Market Highlights: Hydroxyethyl starch is used to prevent blood loss in the case of surgeries, trauma, and others for critically ill patients. It is used as a volume expander for the circulatory system in intravenous therapy. The increasing number of critically ill patients and the growing geriatric population are major growth factors of the market. Moreover, growing healthcare infrastructure in the developing economies expected to fuel the market growth during the forecasted period. The market study is being classified by Type (HES 130/0.4, HES 200/0.5 and Other), by Application (Hospital, Medical Center and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Hydroxyethyl Starch are Skyrun Industrial (China), Hangzhou J&H Chemical (China), Hefei Hirisun Pharmatech (China), AK Scientific (United States), Carbone Scientific (United Kingdom), Kinbester (China), Leap Labchem (China) and Chengdu Bojia Pharmaceutical (China).
Major Market Development Highlights In Jan 2018, The CMDh1 has decided that hydroxyethyl starch (HES) solutions for infusion should remain on the market provided that a combination of additional measures to protect patients is implemented. This follows further reflection, in consultation with EU Member States, on whether it would be feasible to introduce new measures that would effectively reduce the risks with these medicines. In Jan 2018, EMA's Pharmacovigilance Risk Assessment Committee (PRAC) has recommended the suspension of the marketing authorizations for hydroxyethyl-starch (HES) solutions for infusion across the European Union. These products are used as plasma volume replacement following acute (sudden) blood loss, where treatment with alternative products known as 'crystalloids' alone is not considered to be sufficient.
Key Questions Answered in the Report What will the Hydroxyethyl Starch Market size and the growth rate be in Future? What are the key factors driving the Hydroxyethyl Starch Market? What are the key market trends and macro-economic impacting the growth of the Hydroxyethyl Starch Market? What are the challenges to market growth? Who are the key vendors in the Hydroxyethyl Starch Market? What are the market opportunities and threats faced by the vendors in the Hydroxyethyl Starch Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Hydroxyethyl Starch Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Hydroxyethyl Starch market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Hydroxyethyl Starch market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Hydroxyethyl Starch Providers, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.