Press release
Topical Absorbable Hemostats Market Current Scenario with Future Aspect Analysis
According to the latest research by Insightace Analytics, the global Topical Absorbable Hemostats Market Size is valued at 529.12 Million in 2024 and is predicted to reach 1135.96 Million by the year 2034 at a 8.0% CAGR during the forecast period for 2025-2034.
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Topical hemostatic agents are widely employed in trauma care, burn treatment, and various surgical procedures to manage bleeding and promote hemostasis. These procedures span multiple specialties, including orthopedic, peripheral nerve, cardiovascular, gastrointestinal, obstetric, and gynecological surgeries. Passive hemostatic agents-such as collagen, gelatin, polysaccharides, oxidized regenerated cellulose, and combination formulations-are typically integrated with absorbable materials like sponges, foams, or pads for direct application to the bleeding site. The selection of an appropriate topical hemostatic agent depends on several factors, including the surgical specialty, patient demographics, procedural requirements, the nature of the bleeding, and the specific mechanism of action of the agent.
The market for topical absorbable hemostats is anticipated to grow profitably throughout the forecast period due to increased demand supported by increased surgical volume. Additionally, the market is expanding due to the rising frequency of chronic diseases and the growing elderly population. For instance, more than 45% of Americans, according to figures from the Centers for Disease Control and Prevention (CDC), have at least one chronic ailment that requires urgent medical attention. Additionally, businesses are spending money on R&D, which is projected to support market expansion. An ongoing clinical trial, for instance, is being conducted by Ethicon, LLC to investigate surgical powder-induced mild parenchymal or soft tissue intraoperative hemorrhage.
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North America is anticipated to be the major contributor to the topical absorbable hemostats market over the forecast years because of increased demand fueled by higher surgical volumes. Furthermore, the increasing frequency of chronic illnesses and the growing elderly population drive market expansion. In addition, the Asia Pacific topical absorbable hemostats market is expected to grow significantly during the forecast period because of the increased prevalence of chronic diseases and the growing senior population. Other factors driving growth include the regular release of new products and the rising use of such devices in operations and other medical applications.
Major market players operating in the topical absorbable hemostats market include
3-D Matrix Ltd, Angiotech Pharmaceuticals Inc, Anika Therapeutics Inc, APRUS Bio-Medical Innovations Pvt Ltd, Arch Therapeutics Inc, Baxter, C.R. Bard, Cellphire Inc, Covalon Technologies Ltd, Cresilon Inc, Endomedix Incorporated, Entegrion Inc, Ethicon, ETX Pharma Inc, Gamma Therapeutics Inc, GATT Technologies BV, gel-e Inc, Gelita, Haemostatix Ltd, Hemostasis LLC, HLL Lifecare Ltd, Keratin Biosciences Inc, Leader Biomedical Europe BV, LifeBond Ltd, Mallinckrodt Pharmaceuticals, Mochida Pharmaceutical Co., Ltd., Pfizer, Protege Biomedical, Resorba GmbH, Sanara MedTech Inc, Sanofi Biosurgery Inc, Sea Run Holdings Inc, Teleflex, Therus Corporation, Thrombotargets Corp, United Health Products, Inc., Xcede Technologies Inc, Z-Medica LLC and Integra LifeSciences.
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Market Segments
Global Topical Absorbable Hemostats Market, by Product, 2025-2034 (Value US$ Mn)
• Combination Hemostats - Pads
• Oxidized Regenerated Cellulose Based Hemostats
• Polysaccharide Based Hemostats
• Gelatin Based Hemostats
• Collagen Based Hemostats
• Others
Global Topical Absorbable Hemostats Market, by Region, 2025-2034 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Topical Absorbable Hemostats Market, by Country, 2025-2034 (Value US$ Mn)
• U.S.
• Canada
Europe Topical Absorbable Hemostats Market, by Country, 2025-2034 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Topical Absorbable Hemostats Market, by Country, 2025-2034 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Topical Absorbable Hemostats Market, by Country, 2025-2034 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Topical Absorbable Hemostats Market, by Country, 2025-2034 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.JPG
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