Hemostasis and tissue sealing agents market is anticipated to grow at a CAGR of 9.3% during the forecast period (2023-2030). Pivotal factors attributed to market growth including the growing geriatric population, coupled with the high prevalence of chronic conditions, the volume of surgical procedures is expected to increase. This is further projected to drive demand for wound healing and closure management. According to the National Association of Chronic Disease Directors, about 40% of American adults have multiple chronic conditions, and evidence is growing that one chronic illness has a negative impact on the risk of developing others, particularly as people age. Diabetes as well as neurological, urological, and cardiac diseases are also leading causes of an increase in the volume of surgical procedures.
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The global hemostasis and tissue sealing agents market is segmented on the product, material, application, and end-user. Based on the product, the market is sub-segmented into topical hemostat, adhesive and tissue sealant. Based on the material, the market is sub-segmented into collagen-based topical hemostats, gelatin based topical hemostats, ORC-based topical hemostats and polysaccharide based topical hemostats. Based on the application, the market is sub-segmented into general surgery, minimally invasive surgery, trauma, and other applications. Other application includes hemophilia. Further, based on end-user, the market is sub-segmented into hospitals and ambulatory surgical centers. Among the end-user, the hospitals sub-segment is anticipated to hold a considerable share of the market, owing to the increasing number of emergency hospital visits, offering reimbursement policies and facilities through insurance companies, providing prominent opportunities for the growth of this segment.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Hemostasis and Tissue Sealing Agents Market by Product
- Topical Hemostat
- Adhesive and Tissue Sealant
Global Hemostasis and Tissue Sealing Agents Market by Material
- Collagen-based Topical Hemostats
- Gelatin based Topical Hemostats
- ORC-based Topical Hemostats
- Polysaccharide based Topical Hemostats
Global Hemostasis and Tissue Sealing Agents Market by Application
- General Surgery
- Minimally Invasive Surgery
- Trauma
- Other Applications (Hemophilia)
Global Hemostasis and Tissue Sealing Agents Market by End-User
- Hospitals
- Ambulatory Surgical Centers
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Advance Medical Solution Group Plc
- Artivion, Inc.,
- B Braun Holding GmbH & Co. KG
- Biomet Inc
- BioSpace, Inc.
- Cohera Medical Inc.,
- Covidien Plc
- Cryolife Inc.,
- Ethicon LLC
- Hyperbranch Medical Technology
- Integra Lifesciences Corp.,
- Issuu Inc.,
- Smith & Nephew plc,
- Terumo Corp.,
- Teleflex Inc.,
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global hemostasis and tissue sealing agents market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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