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Surgical Hemostats Market Trends

  • Report ID: GMI7748
  • Published Date: Dec 2023
  • Report Format: PDF

Surgical Hemostats Market Trends

Continuous progress in medical technology has spurred the evolution of increasingly sophisticated and efficient hemostasis products, which is estimated to reach 2.8 billion by 2032. The relentless pursuit of innovation has led to the creation of advanced adhesive, hemostasis and tissue sealing agents, revolutionizing the landscape of hemostatic procedures. For instance, in July 2023, Baxter International introduced its PerClot absorbable hemostatic powder in the U.S. PerClot stands out as a polysaccharide hemostat renowned for its convenient ready-to-use formulation, catering specifically to patients with intact coagulation. Distinguished by the inclusion of absorbable modified polymer particles, this hemostatic powder swiftly assimilates water from the blood, thereby accelerating the inherent physiological clotting cascade. Thus, these advanced hemostatic agents, offer quicker and more targeted control of bleeding and contribute to improve tissue adherence and reduced recovery time. Therefore, as the medical community continues to embrace these advancements, the surgical hemostats industry experiences sustained growth, propelled by the collective efforts to make surgical procedures more efficient, precise, and ultimately beneficial for patients.
 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market size for surgical hemostats was valued at USD 3.3 billion in 2023 and is estimated to reach USD 5.3 billion by 2032 as they are used to promote hemostasis, which is the process of stopping or controlling bleeding.

Oxidized regenerated cellulose-based segment held 19.9% revenue share in the surgical hemostats industry in 2023 and will grow significantly through 2032 due to its application in cardiac, orthopedic, and general surgeries, combined with a favorable safety profile.

U.S. surgical hemostats market accounted for USD 1.1 billion in 2023 and is predicted to witness substantial market growth through 2032 due to the advanced healthcare infrastructure, a high incidence of chronic diseases, and continuous technological innovations.

Becton, Dickinson and Company, Medtronic plc, Teleflex Corporation, Baxter International Inc., B. Braun Melsungen AG, Pfizer, Inc., Ethicon, Inc. (Johnson & Johnson), Stryker Corporation, CuraMedical BV, Gelita Medical GmbH, Integra LifeSciences, Marine Polymer Technologies, Inc, and Hemostasis LLC.

Surgical Hemostats Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 257
  • Countries covered: 18
  • Pages: 214
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