Hemostat Market - Global Market Share, Trends, Analysis and Forecasts, 2023 - 2032
The global hemostats market size was estimated to be US$ 3.3 Billion in 2022 and is expected to reach US$ 5.9 Billion by 2032 at a CAGR of 6%.
Hemostatis is a process for prevention, stop bleeding or containing blood within the blood vessel. Hemostat are the surgical devices used in wide range of surgical procedures to control bleeding. The rapid increase in the number of people affected with chronic disorders such as cardiovascular, spinal, respiratory and lifestyle disorders such as diabetics, and obesity has increased the number of surgeries across the globe, thereby fueling the demand for wound closure and wound sealant products and devices.
The prevalence of diabetes among adults over 18 years of age has increased by approximately 4.0% since 1980 globally as per statistics published by World Health Organization. In the United States alone, approximately 10.5% of the population is suffering from diabetes and approximately 34.5% of the United States adult population have prediabetes based on the data published by the Centers for Disease Control and Prevention, the U.S. Depart of Health and Human Sciences. This has in turn increased the number of kidney failure, heart attacks, stroke and lower limb amputation surgeries, and has created a significant demand for wound closure product and devices such as hemostats.
The report titled “Hemostat Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global hemostat market.
Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, security & exchange overview, research & development activities, production facilities, product portfolio, employee strength, and key executive, for all the major players operating in the market. For instance, Pfizer Inc. reported revenue of US$ 51.8 Billion in 2019 and the segment and geographic analysis of the company indicates that Biopharma business segment of the company dominated revenue in 2019 with the United States being the major revenue generating country.
The global hemostat market is segmented based on product type, formulation, application, end user, and geography. Based on product type, the global hemostat market is segmented into mechanical hemostat, thrombin-based hemostat, oxidized regenerated cellulose-based hemostat, combination hemostat, gelatin-based hemostat, collagen-based hemostat, and others. Based on formulation, the global hemostat market is segmented into matrix & gel hemostat, sheet & pad hemostat, sponge hemostat, and powder hemostat. Based on applications, the global hemostat market is segmented into orthopedic surgery, general surgery, neurological surgery, cardiovascular surgery, reconstructive surgery, gynecological surgery, and other surgeries. Based on end user, the global hemostat market is segmented into hospitals, surgery centers, nursing homes, and others. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Additionally, the study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the hemostat companies. Further, market share of prominent companies in the global hemostat market would also be estimated.
For instance, Pfizer Inc. operates through three business divisions namely Biopharma, Upjohn, and Consumer Healthcare. The Hemostats are delivered under Biopharma business division of the company with revenue contribution of US$ 39,419 Million in 2019.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the hemostat companies. Furthermore, the global hemostat market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the hemostat market business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global hemostat market arena.
Major players operating the global hemostat market include Baxter International Inc., B. Braun Melsungen AG, C. R. Bard, Inc., Ethicon, Inc. (Johnson & Johnson), GELITA MEDICAL, Integra LifeSciences Corporation, Marine Polymer Technologies, Inc., Pfizer Inc., Teleflex Incorporated, and Z-Medica, LLC.
Market Segmentation:
By Product type
- mechanical hemostat
- thrombin-based hemostat
- oxidized regenerated cellulose-based hemostat
- combination hemostat
- gelatin-based hemostat
- collagen-based hemostat
- others
By Formulation
- matrix & gel hemostat
- sheet & pad hemostat
- sponge hemostat
- powder hemostat
By Application
- orthopedic surgery
- general surgery
- neurological surgery
- cardiovascular surgery
- reconstructive surgery
- gynecological surgery
- other surgeries
By End user
- hospitals
- surgery centers
- nursing homes
- others
By Geography
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Hemostat Market
- Global Hemostat Market Qualitative Analysis
- Ecosystem Analysis
- Role of participants (Raw material supplier, middlemen, buyers and end users)
- Integration scenario
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 5 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- Raw Material Demand and Prices
- COVID-19 consequences
- Budget allocation – Recent past and future
- Resurgence possibility and forward path
- Ecosystem Analysis
- Global Hemostat Market Analysis and Forecast, by Hemostatic Agent
- Overview and definitions
- Key segment analysis
- Global Hemostat Market Estimates (US$ Mn), by Hemostatic Agent, 2019 – 2032
- Active Hemostatic Agent
- Passive Hemostatic Agent
- Sealant Agents
- Global Hemostat Market Analysis and Forecast, by Product Type
- Overview and definitions
- Key segment analysis
- Global Hemostat Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mechanical Hemostat
- Thrombin based Hemostat
- Oxidized Regenerated Cellulose based Hemostat
- Combination Hemostat
- Gelatin based Hemostat
- Collagen based Hemostat
- Others
- Global Hemostat Market Analysis and Forecast, by Formulation
- Overview and definitions
- Key segment analysis
- Global Hemostat Market Estimates (US$ Mn), by Formulation, 2019 – 2032
- Matrix and Gel Hemostat
- Sheet and Pad Hemostat
- Sponge Hemostat
- Powder Hemostat
- Global Hemostat Market Analysis and Forecast, by Application
- Overview and definitions
- Key segment analysis
- Global Hemostat Market Estimates (US$ Mn), by Application, 2019 – 2032
- General Surgery
- Orthopaedic Surgery
- Cardiovascular Surgery
- Neurological Surgery
- Reconstructive Surgery
- Gynaecological Surgery
- Others
- Global Hemostat Market Analysis and Forecast, by Buyer
- Overview and definitions
- Key segment analysis
- Global Hemostat Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospitals
- Surgery Centers
- Nursing Homes
- Others
- Global Hemostat Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Hemostat Market Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Hemostat Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Hemostat Market Estimates (US$ Mn), by Hemostatic Agent, 2019 – 2032
- Active Hemostatic Agent
- Passive Hemostatic Agent
- Sealant Agents
- North America Hemostat Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mechanical Hemostat
- Thrombin based Hemostat
- Oxidized Regenerated Cellulose based Hemostat
- Combination Hemostat
- Gelatin based Hemostat
- Collagen based Hemostat
- Others
- North America Hemostat Market Estimates (US$ Mn), by Formulation, 2019 – 2032
- Matrix and Gel Hemostat
- Sheet and Pad Hemostat
- Sponge Hemostat
- Powder Hemostat
- North America Hemostat Market Estimates (US$ Mn), by Application, 2019 – 2032
- General Surgery
- Orthopaedic Surgery
- Cardiovascular Surgery
- Neurological Surgery
- Reconstructive Surgery
- Gynaecological Surgery
- Others
- North America Hemostat Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospitals
- Surgery Centers
- Nursing Homes
- Others
- North America Hemostat Market Estimates (US$ Mn), Country, 2019 – 2032
- The U.S.
- Canada
- Rest of North America
- Europe Hemostat Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Hemostat Market Estimates (US$ Mn), by Hemostatic Agent, 2019 – 2032
- Active Hemostatic Agent
- Passive Hemostatic Agent
- Sealant Agents
- Europe Hemostat Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mechanical Hemostat
- Thrombin based Hemostat
- Oxidized Regenerated Cellulose based Hemostat
- Combination Hemostat
- Gelatin based Hemostat
- Collagen based Hemostat
- Others
- Europe Hemostat Market Estimates (US$ Mn), by Formulation, 2019 – 2032
- Matrix and Gel Hemostat
- Sheet and Pad Hemostat
- Sponge Hemostat
- Powder Hemostat
- Europe Hemostat Market Estimates (US$ Mn), by Application, 2019 – 2032
- General Surgery
- Orthopaedic Surgery
- Cardiovascular Surgery
- Neurological Surgery
- Reconstructive Surgery
- Gynaecological Surgery
- Others
- Europe Hemostat Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospitals
- Surgery Centers
- Nursing Homes
- Others
- Europe Hemostat Market Estimates (US$ Mn), Country, 2019 – 2032
- Germany
- United Kingdom
- Belgium
- Spain
- Rest of Europe
- Asia Pacific Hemostat Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Hemostat Market Estimates (US$ Mn), by Hemostatic Agent, 2019 – 2032
- Active Hemostatic Agent
- Passive Hemostatic Agent
- Sealant Agents
- Asia Pacific Hemostat Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mechanical Hemostat
- Thrombin based Hemostat
- Oxidized Regenerated Cellulose based Hemostat
- Combination Hemostat
- Gelatin based Hemostat
- Collagen based Hemostat
- Others
- Asia Pacific Hemostat Market Estimates (US$ Mn), by Formulation, 2019 – 2032
- Matrix and Gel Hemostat
- Sheet and Pad Hemostat
- Sponge Hemostat
- Powder Hemostat
- Asia Pacific Hemostat Market Estimates (US$ Mn), by Application, 2019 – 2032
- General Surgery
- Orthopaedic Surgery
- Cardiovascular Surgery
- Neurological Surgery
- Reconstructive Surgery
- Gynaecological Surgery
- Others
- Asia Pacific Hemostat Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospitals
- Surgery Centers
- Nursing Homes
- Others
- Asia Pacific Hemostat Market Estimates (US$ Mn), Country, 2019 – 2032
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa Hemostat Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Hemostat Market Estimates (US$ Mn), by Hemostatic Agent, 2019 – 2032
- Active Hemostatic Agent
- Passive Hemostatic Agent
- Sealant Agents
- Middle East & Africa Hemostat Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mechanical Hemostat
- Thrombin based Hemostat
- Oxidized Regenerated Cellulose based Hemostat
- Combination Hemostat
- Gelatin based Hemostat
- Collagen based Hemostat
- Others
- Middle East & Africa Hemostat Market Estimates (US$ Mn), by Formulation, 2019 – 2032
- Matrix and Gel Hemostat
- Sheet and Pad Hemostat
- Sponge Hemostat
- Powder Hemostat
- Middle East & Africa Hemostat Market Estimates (US$ Mn), by Application, 2019 – 2032
- General Surgery
- Orthopaedic Surgery
- Cardiovascular Surgery
- Neurological Surgery
- Reconstructive Surgery
- Gynaecological Surgery
- Others
- Middle East & Africs Hemostat Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospitals
- Surgery Centers
- Nursing Homes
- Others
- Middle East & Africa Hemostat Market Estimates (US$ Mn), Country, 2019 – 2032
- Saudi Arabia
- UAE
- Rest of Middle East
- South America Hemostat Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Hemostat Market Estimates (US$ Mn), by Hemostatic Agent, 2019 – 2032
- Active Hemostatic Agent
- Passive Hemostatic Agent
- Sealant Agents
- South America Hemostat Market Estimates (US$ Mn), by Product Type, 2019 – 2032
- Mechanical Hemostat
- Thrombin based Hemostat
- Oxidized Regenerated Cellulose based Hemostat
- Combination Hemostat
- Gelatin based Hemostat
- Collagen based Hemostat
- Others
- South America Hemostat Market Estimates (US$ Mn), by Formulation, 2019 – 2032
- Matrix and Gel Hemostat
- Sheet and Pad Hemostat
- Sponge Hemostat
- Powder Hemostat
- South America Hemostat Market Estimates (US$ Mn), by Application, 2019 – 2032
- General Surgery
- Orthopaedic Surgery
- Cardiovascular Surgery
- Neurological Surgery
- Reconstructive Surgery
- Gynaecological Surgery
- Others
- South America Hemostat Market Estimates (US$ Mn), by Buyer, 2019 – 2032
- Hospitals
- Surgery Centers
- Nursing Homes
- Others
- South America Hemostat Market Estimates (US$ Mn), Country, 2019 – 2032
- Brazil
- Rest of South America
- Competition Analysis – Hemostat Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- Baxter International Inc.
- Business overview
- Geographic presence
- Product portfolio
- Financial facts
- Relevant news and strategic view
- Braun Melsungen AG
- R. Bard, Inc.
- Ethicon, Inc. (Johnson & Johnson)
- GELITA MEDICAL
- Integra LifeSciences Corporation
- Pfizer Inc.
- Stryker
- CryoLife, Inc.
- Medtronic, plc.
- Becton, Dickinson and Company
- Rousselot
- Johnson & Johnson Services, Inc.
- CPT SUTURES CO., LTD.
- Boz Tıbbi Malzemeler
- Starch Medical, Inc.
- Hemostat Manufacturing GmbH
- Hangzhou Singclean Medical Products Co.,Ltd
- Baxter International Inc.
- Conclusion & Recommendations
Frequently asked questions about this report
How big is the hemostat market?
The hemostat market size is anticipated to reach US$ 5.9 billion by 2032.
What is the estimated growth rate of the global hemostat market?
The hemostat market is expected to rising at a CAGR of 6% from 2023 to 2032.
What is a Hemostatis?
Hemostatis is a process for prevention, stop bleeding or containing blood within the blood vessel.
What was the size of the global hemostat market in 2022?
The hemostat market size size surpassed US$ 3.3 Billion in 2022.
What are the different formulation's of hemostat used?
Based on formulation, the hemostat market is segmented into matrix & gel hemostat, sheet & pad hemostat, sponge hemostat, and powder hemostat.
What are the factors driving the hemostat market?
The rapid increase in the number of people affected with chronic disorders such as cardiovascular, spinal, respiratory and lifestyle disorders such as diabetics, and obesity has increased the number of surgeries across the globe, thereby fueling the demand for hemostat.