Powder Absorbable Hemostat Global Market Insights: Growth Drivers, Size & Forecasts to 2029

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What Is the Forecasted Market Growth Rate of the Powder Absorbable Hemostat Industry?
In recent years, the market size of powder absorbable hemostats has seen robust growth. Projected compound annual growth rate (CAGR) is 7.5%, indicating a rise from $2.30 billion in 2024 to $2.48 billion in 2025. Several factors have contributed to this historical growth, including an increase in surgical procedures, a surge in minimally invasive surgeries, improved awareness of surgical bleeding management, wider utilization in military and emergency medicine, and a growth in FDA approvals and product launches.

How Will the Powder Absorbable Hemostat Market Size Evolve From 2025 to 2029?
In the coming years, the market size for powder absorbable hemostats is predicted to experience significant expansion, growing to $3.27 billion in 2029 with a compound annual growth rate (CAGR) of 7.2%. A variety of factors contribute to this projected growth during the forecast period, including an aging demographic, a sharpened focus on minimizing surgical complications and duration, a rise in outpatient and ambulatory procedures, improvements to healthcare facilities in emerging economies, and escalated investment in bioresorbable and botanic formulations. Trends that will shape the future market include a pivot towards plant-based and biologically derived hemostatic agents, the incorporation of hemostatic powders in robot-assisted and laparoscopic surgeries, broader application beyond hospital environments to emergency and field settings, emphasis on enhancing shelf life and stability at room temperature, and a slew of strategic alliances and acquisitions.

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What Are the Main Growth Drivers in the Powder Absorbable Hemostat Market Today?
The upward trend in the number of surgical procedures is anticipated to spur the expansion of the powder absorbable hemostat market. Surgical treatments are medical operations either hands-on or primarily using instruments, employed to rectify injuries or diseases, or enhance physical functionality. The soaring numbers of surgeries are a result of the escalating chronic disease burden that often requires surgical interventions for effective management. The increase in surgical procedures stokes the need for efficient bleeding control measures, thereby augmenting the use of powder absorbable hemostats. Their rapid, precise clotting ability is critically useful in intricate or minimally invasive procedures, enhancing patient recovery results. For example, state figures from the British Association of Aesthetic Plastic Surgeons, a surgical body based in the UK, showed that in 2022, there were 31,057 cosmetic surgeries conducted in the UK. This marked a significant 102% surge compared to the prior year. As such, the incremental number of surgeries is contributing to the thriving powder absorbable hemostat market.

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Which Powder Absorbable Hemostat Market Segment Is Expected to Lead Through 2029?
The powder absorbable hemostat market covered in this report is segmented -

1) By Product Type: Collagen-Based Hemostats, Gelatin-Based Hemostats, Cellulose-Based Hemostats, Combination Hemostats
2) By Formulation: Powder Formulations, Ready-To-Use Formulations, Pre-Mixed Formulations, Custom Formulations
3) By Distribution Channel: Direct Sales, Distributors, Online Sales Platforms, Pharmacies, Other Distribution Channels
4) By Application: Surgical Procedures, Trauma Care, Orthopedic Surgeries, Cardiovascular Surgeries
5) By End-User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Outpatient Surgery Facilities, Other End-Users

Subsegments:
1) By Collagen-Based Hemostats: Bovine Collagen Hemostats, Porcine Collagen Hemostats, Synthetic Collagen Hemostats
2) By Gelatin-Based Hemostats: Porcine Gelatin Hemostats, Bovine Gelatin Hemostats, Recombinant Gelatin Hemostats
3) By Cellulose-Based Hemostats: Oxidized Regenerated Cellulose (ORC) Hemostats, Oxidized Cellulose Hemostats, Carboxymethyl Cellulose Hemostats
4) By Combination Hemostats: Collagen + Gelatin Combination Hemostats, Collagen + Cellulose Combination Hemostats, Gelatin + Cellulose Combination Hemostats, Multi-component (Collagen + Gelatin + Cellulose) Hemostats

Which Market Trends Are Expected to Dominate Powder Absorbable Hemostat Industry Growth?
Leading corporations in the powder absorbable hemostat market are shifting their focus towards the creation of innovative products, such as the plant-based polysaccharide absorbable hemostat powder. This product is designed to boost clotting efficiency and enhance safety in surgical scenarios. Derived from refined natural starch, the plant-based polysaccharide absorbable hemostat powder functions by absorbing blood quickly to initiate clotting. It is completely bioresorbable, thus eliminating the need for removal post application. An illustrative example is Baxter International Inc., a healthcare corporation based in the U.S., which launched PERCLOT, a starch-derived passive absorbable hemostatic powder, in the U.S in July 2023. This product is tailored for patients with unchanged coagulation to manage mild bleeding during surgery. Its granules swiftly absorb water, transitioning into a gelled adhesive matrix that constructs a mechanical barrier to bleeding and encourages the collection of platelets, red blood cells and coagulation proteins. This product adds value to Baxter's hemostat collection by alleviating blood transfusions and potential complications, hence reducing overall medical expenses.

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Which Companies Hold the Largest Market Share in the Powder Absorbable Hemostat Sector?
Major companies operating in the powder absorbable hemostat market are Johnson & Johnson, Becton, dic*kinson and Company, Baxter International, Integra LifeSciences Corporation, CryoLife Inc., Hangzhou Singclean Medical Products Co. Ltd, Star Alliance, Gelita Medical GmbH, Algan Grup Saglik Hizmetleri, Ferrosan Medical Devices, Hemostasis LLC, Vascular Solutions Inc., CuraMedical B.V., BioCer Entwicklungs-GmbH, Medcura Inc., Starch Medical Inc., Aegis Lifesciences, Turkish Healthcare, George & George MediSurg Ltd, Hemostat Medical GmbH

Where Is the Powder Absorbable Hemostat Market Experiencing the Highest Growth?
North America was the largest region in the powder absorbable hemostat market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the powder absorbable hemostat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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