2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Primary Drivers Are Supporting the Continued Market Growth of theHemostats Market?

The hemostat market’s growth is anticipated to be fueled by a rise in surgical procedures. Surgical procedures encompass all invasive treatments utilized to examine or manage a medical condition. Hemostats, which are crucial in surgical scenarios to inhibit blood loss during surgery, will consequently see a surge in demand. For example, in September 2023, the International Society of Aesthetic Plastic Surgery, a professional body for certified plastic surgeons based in Lebanon, reported an 11.2% overall surge in procedures undertaken by plastic surgeons in 2022. Over 14.9 million surgical and 18.8 million non-surgical procedures were conducted across the globe. Furthermore, there were recorded increases in both surgical and non-surgical procedures from the previous survey (16.7% and 7.2% respectively). Hence, the hemostat market is experiencing a growth spurt due to an increase in surgical procedures.

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#How Will the CAGR of the Hemostats Market Influence Its Overall Growth by 2034?

The market for hemostats has witnessed robust growth in the recent past. The market size, which stood at $3.37 billion in 2024, is expected to rise to $3.59 billion in 2025, registering a compound annual growth rate (CAGR) of 6.5%. Factors such as advancements in surgical procedures, aging population, prevalence of chronic diseases and coagulation disorders, increase in cardiovascular surgeries, and orthopedic applications, have contributed to its growth in the historic period.

The market for hemostats is anticipated to witness solid expansion in the subsequent years, escalating to a valuation of $4.67 billion by 2029 and registering a compound annual growth rate (CAGR) of 6.8%. The projected growth in the forthcoming period can be credited to factors like emergency readiness and handling of pandemics, enhancement in international health infrastructure, heightened demand for surgeries with minimal invasion, broadening applications in numerous specialties, and an emphasis on biocompatibility. Dominant trends predicted during this period encompass product innovations, advancements in hemostatic technologies, and a growing focus on minimally invasive surgeries.

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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theHemostats Market?

In the hemostats market, the primary trend is the progression of technology. Top companies in this market are making notable strides in the modernization of technology along with research and developments in the hemostats field. For instance, in March 2022, Baxter, an American healthcare corporation, rolled out PERCLOT Absorbable Hemostatic Powder in the U.S. market. PERCLOT is a passive, absorbable clotting powder that is ready-to-use and developed for patients with effective coagulation to manage mild bleeding. The introduction of PERCLOT in the American market provides surgeons with a comprehensive spectrum of active and passive hemostatic products for hemorrhage control, thereby enhancing patient care.

Who Are the Key Market Players Influencing the Growth of the Corn and Hemostats Industry?

Major companies operating in the hemostats market are B. Braun Melsungen AG, Baxter International Inc., Integra LifeSciences Corporation, Becton Dickinson and Company, Teleflex Incorporated, Medtronic PLC, Hemostasis LLC, Stryker Corporation, Advanced Medical Solutions Group PLC, Samyang Holdings Corporation, Gelita Medical GmbH, CryoLife Inc., CuraMedical B.V., Meril Life Sciences Pvt. Ltd., Beijing Datsing Bio-Tech Co. Ltd., Zhonghui Shengxi (Beijing) Medical Technology Co. Ltd., Biotemed Inc., Biom’up SA, Shandong Foryou Medical Devices Co. Ltd., Z-Medica LLC, Anika Therapeutics Inc., Metalcraft Solutions Inc.

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Which Key Market Segments Comprise the Hemostats Market and Drive Its Revenue Growth?

The hemostats market covered in this report is segmented –

1) By Type: Thrombin-Based Hemostats, Oxidized Regenerated Cellulose-Based Hemostats, Combination Hemostats, Gelatin-Based Hemostats, Collagen-Based Hemostats

2) By Product: Active Hemostats, Passive Hemostats, Combination Hemostats, Other Products

3) By Formulation: Matrix And Gel Hemostats, Sheet And Pad Hemostats, Sponge Hemostats, Powder Hemostats

4) By Application: Orthopedic Surgery, General Surgery, Neurological Surgery, Cardiovascular Surgery, Reconstructive Surgery, Gynecological Surgery, Other Applications

Subsegments:

1) By Thrombin-Based Hemostats: Topical Thrombin, Lyophilized Thrombin

2) By Oxidized Regenerated Cellulose-Based Hemostats: Pads, Granules

3) By Combination Hemostats: Thrombin And Gelatin Combinations, Thrombin And Collagen Combinations

4) By Gelatin-Based Hemostats: Gelfoam, Gelatin Sponge

5) By Collagen-Based Hemostats: Collagen Sheets, Collagen Powder

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https://www.thebusinessresearchcompany.com/customise?id=8226&type=smpGlobal Hemostats Market, Global Hemostats Market Report, Global Hemostats Market Trends, Global Hemostats Market Size

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