Topical Absorbable Hemostats Market Size Forecast: $2.84 Billion by 2029 | Global Outlook

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What Is the Projected Market Size Valuation of the Topical Absorbable Hemostats Market by 2025?
In recent times, there has been robust growth in the size of the topical absorbable hemostats market. The market, which was valued at $2.02 billion in 2024, is projected to grow to $2.17 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.2%. This upswing in the past years has been driven by several factors including a growing demand for quicker wound healing, an increase in ambulatory surgical centers, heightened emphasis on surgical safety and outcomes, broader use in dental and orthopedic surgeries, and a rise in elective surgeries.

What Is the Estimated Market Growth Value for the Topical Absorbable Hemostats Industry in 2029?
The market for topical absorbable hemostats is projected to experience substantial growth in the coming years. The anticipated market size by 2029 is $2.84 billion, indicating a compound annual growth rate (CAGR) of 7.0%. The stimulants for this predicted growth during the forecast period are the increasing number of surgeries, growing instances of trauma and accidents, a rise in the elderly population, an expansion in minimally invasive surgical procedures, and a surge in bleeding disorder cases. Key trends during the forecast period comprise improvements in hemostatic technologies, an extensive range of available product types, the creation of biodegradable and compatible products, the technological incorporation in surgical devices, and the inclusion of hemostats in surgical kits.

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What Are the Growth Drivers and Opportunities in the Topical Absorbable Hemostats Market?
The escalating demand for surgical procedures is anticipated to stimulate the topical absorbable hemostats market's growth in the future. These procedures encompass medically adopted operations such as incisions or manipulations of body tissues for diagnosing, treating or bettering health issues. This increased demand is mainly due to the growing elderly population as they are more prone to chronic diseases and degenerative conditions often requiring surgical attention. Topical absorbable hemostats prove to be beneficial during surgeries as they swiftly control bleeding and don't necessitate extraction, subsequently reducing operation duration and risk of complications. For instance, the International Society of Aesthetic Plastic Surgery, a U.S.-based professional body reported in June 2024, that aesthetic procedures hit nearly 35 million in 2023, with an overall 3.4% increase in surgical and non-surgical procedures to 34.9 million. Hence, the rising number of surgical procedures is fuelling the growth of the topical absorbable hemostats market.

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What Are the Primary Segments Covered in the Global Topical Absorbable Hemostats Market Report?
The topical absorbable hemostats market covered in this report is segmented -

1) By Type: Gelatin-Based Hemostats, Collagen-Based Hemostats, Fibrin-Based Hemostats, Cellulose-Based Hemostats, Other Types
2) By Delivery Method: Surgical Sprays, Pads And Gauzes, Foams And Films, Injectable Solutions
3) By Application: Orthopedic Surgery, Cardiothoracic Surgery, General Surgery, Neurosurgery, Urology, Gynecological Surgery
4) By End-User: Hospitals, Ambulatory Surgical Centers (ASCs), Specialty Clinics, Research Institutions

Subsegments:
1) By Gelatin-Based Hemostats: Gelatin Sponges, Gelatin Powders, Gelatin Films Or Sheets, Flowable Gelatin Matrices
2) By Collagen-Based Hemostats: Collagen Sponges, Collagen Powders, Collagen Pads, Collagen Films Or Sheets
3) By Fibrin-Based Hemostats: Fibrin Sealant Sprays, Fibrin Glue, Fibrin Patch Or Film, Combination Fibrin-Based Products
4) By Cellulose-Based Hemostats: Oxidized Regenerated Cellulose (ORC) Pads, Cellulose Meshes, Cellulose Powders, Cellulose Films
5) By Other Types: Chitosan-Based Hemostats, Synthetic Polymer-Based Hemostats, Combination Hemostats, Herbal Or Plant-Derived Hemostats

What Are the Top Growth Trends in the Topical Absorbable Hemostats Market?
In the topical absorbable hemostats market, leading companies are focusing on creating advanced products like absorbable hemostatic powder to control bleeding in complex or irregular wound cases. These hemostatic powders offer fast bleeding control without the need for removal, minimizing infection risks and simplifying post-operative care. For example, in July 2023, the United States healthcare company Baxter International launched an absorbable hemostatic powder called PERCLOT. PERCLOT provides surgeons with a full spectrum of active and passive hemostatic solutions for assured bleeding management. It comprises specially designed granules that absorb moisture rapidly, turning into a sticky gel that seals the tissue surface physically. This gel concentrates platelets, red blood cells and clotting factors such as thrombin and fibrinogen, hastening the body's own coagulation process. The use of PERCLOT for managing varied intraoperative bleeding can reduce transfusion needs, mitigate major complications, and ultimately lower total treatment expenses.

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Which Companies Are Shaping the Future of the Topical Absorbable Hemostats Market?
Major companies operating in the topical absorbable hemostats market are Pfizer Inc., Johnson & Johnson Services Inc., Becton, Dickinson & Co., Baxter International Inc., Teleflex Inc., Integra LifeSciences Holdings Corp., Gelita Medical, Advanced Medical Solutions Group Plc, 3D Matrix Ltd., Advanced Biotech Products Pvt. Ltd., Curasan AG, Hemostasis LLC, Advamedica Inc., Medcura Inc., Endomedix Incorporated, BioCer Entwicklungs GmbH, Starch Medical Inc., Arch Therapeutics Inc., Cura Medical BV, ETX Pharma Inc.

Which Region Holds the Largest Market Share in the Topical Absorbable Hemostats Industry?
North America was the largest region in the topical absorbable hemostats market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the topical absorbable hemostats market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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