Absorbable Hemostat Market Report 2025 (Global Edition)

Global Absorbable Hemostat Market Report 2025 Market Size Split by Product (Thrombin Based, Cellulose-Based, Collagen Based, Gelatin-Based Hemostat), by Formulation (Matrix & Gel Hemostats, Sheet & Pa...

Absorbable Hemostat Market Report Description

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Absorbable Hemostat Market Insights Video

Competitive Landscape of the Absorbable Hemostat Market

The competitive landscape of the absorbable hemostat market is marked by strong competition among manufacturers focused on innovation, product efficacy, and cost-efficiency. Companies are investing in research to develop advanced hemostats with faster absorption and enhanced biocompatibility. Smaller players are targeting niche applications, while established firms aim to expand into emerging markets. The competition is intensified by regulatory challenges, pricing pressures, and the need for effective distribution networks worldwide.

In April 2023, Olympus announced the launch of EndoClot® Adhesive (ECA), EndoClot® Polysaccharide Hemostatic Spray (PHS), and EndoClot® Submucosal Injection Solution (SIS) across Europe, the Middle East, and Africa (EMEA). Developed by EndoClot Plus, Inc. (EPI), this innovative portfolio became available in EMEA following EPI's expanded distribution agreement with Olympus from the U.S. (Source: https://www.olympus-europa.com/company/en/news/press-releases/2023-04-20t08-00-00/olympus-launches-endoclot-portfolio.html) In March 2023, Axio Biosolutions announced that it received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its latest innovation, Ax-Surgi Surgical Hemostat. This made Ax-Surgi the first and only chitosan-based hemostat cleared for managing severe surgical bleeding. The product utilizes a novel biopolymer platform that controls bleeding through its bioadhesive properties. (Source: https://www.biospectrumindia.com/news/90/22820/axio-biosolutions-announces-us-fda-clearance-for-ax-surgi-surgical-hemostat.html) In September 2022, Medcura Inc. launched over 100 medical devices globally, positioning the commercial-stage life science and medical device company for widespread market adoption and rapid platform expansion. The product lineup included surgical gels, foams, powders, and putties like LifeGel™ Absorbable Surgical Hemostat, and consumer products like the antibacterial wound gel Rapid-Seal™. (Source: https://www.prnewswire.com/news-releases/new-medcura-svp-positions-lifegel-surgical-hemostat-for-market-leadership-301625843.html)

Top Companies Market Share in Absorbable Hemostat Industry: (In no particular order of Rank)

• B. Braun
• Baxter
• Johnson & Johnson
• BD
• Cura Medical
• GELITA MEDICAL
• Curasan AG
• Meril Life Sciences
• Zhonghui Shengxi
• Beijing Datsing Bio-tech
• Guizhou Jin Jiu Biotech
• Beijing Taikesiman
• Foryou Medical
• Saikesaisi Holdings Group
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Absorbable Hemostat Market

Which Region Dominates the Absorbable Hemostat Market in 2024?

According to Cognitive Market Research, North America currently dominates the Absorbable Hemostats market, and the region is expected to have significant growth during the projected period. The region benefits from a strong presence of key manufacturers, increased awareness of blood management practices, and favorable reimbursement policies, which collectively enhance the adoption of absorbable hemostats in surgical procedures across various specialties.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The demand for innovative medical solutions is propelling the adoption of absorbable hemostats across various healthcare settings.

The current report Scope analyzes Absorbable Hemostat Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Absorbable Hemostat Market Analysis

According to Cognitive Market Research, the global Absorbable Hemostat market size was estimated at USD 3124.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1249.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Absorbable Hemostat market with a market size of USD 986.09 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. The U.S. holds a major share of the absorbable hemostat market due to advanced healthcare infrastructure and surgical demand.
• The Canada Absorbable Hemostat market had a market share of USD 149.98 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Canada's absorbable hemostat market is growing rapidly due to increased surgeries, advanced healthcare infrastructure, and innovation.
• The Mexico Absorbable Hemostat market is projected to grow at a CAGR of 5.7% during the forecast period, with a market size of USD 113.73 million in 2024.

Europe Absorbable Hemostat Market Analysis

According to Cognitive Market Research, the global Absorbable Hemostat market size was estimated at USD 3124.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 937.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

• The United Kingdom Absorbable Hemostat market had a market share of USD 157.47 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. The UK leads the absorbable hemostat market due to high surgical volumes and advanced healthcare technologies.
• The France Absorbable Hemostat market is projected to grow at a CAGR of 4.7% during the forecast period, with a market size of USD 86.24 million in 2024.
• According to Cognitive Market Research, the German Absorbable Hemostat market size was valued at USD 185.60 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. Germany leads the absorbable hemostat market due to high surgical rates, advanced healthcare systems, and technological innovation.
• The Italy Absorbable Hemostat market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 80.61 million in 2024.
• The Russia Absorbable Hemostat market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 145.29 million in 2024.
• The Spain Absorbable Hemostat market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 76.86 million in 2024
• The Luxembourg Absorbable Hemostat market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 29.06 million in 2024.
• The Portugal Absorbable Hemostat market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 19.68 million in 2024.
• The Greece Absorbable Hemostat market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 11.25 million in 2024.
• The Rest of Europe's Absorbable Hemostat market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 145.29 million in 2024.

Asia Pacific Absorbable Hemostat Market Analysis

According to Cognitive Market Research, the global Absorbable Hemostat market size was estimated at USD 3124.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 718.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Absorbable Hemostat market size was valued at USD 323.39 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. China holds the largest share of the absorbable hemostat market due to rising surgeries and healthcare advancements.
• The Japan Absorbable Hemostat market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 99.17 million in 2024.
• The India Absorbable Hemostat market had a market share of USD 86.24 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. India's absorbable hemostat market is rapidly expanding due to rising surgical procedures and improving healthcare infrastructure.
• The South Korean Absorbable Hemostat market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 71.86 million in 2024.
• The Australian Absorbable Hemostat market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 37.37 million in 2024.
• The South East Asia Absorbable Hemostat market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 49.59 million in 2024.
• The Rest of Asia Pacific Absorbable Hemostat market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 51.02 million in 2024.

South America Absorbable Hemostat Market Analysis

According to Cognitive Market Research, the global Absorbable Hemostat market size was estimated at USD 3124.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 156.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Absorbable Hemostat market size was valued at USD 66.86 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Brazil dominates the absorbable hemostat market due to high surgical volumes and significant investments in healthcare infrastructure.
• Argentina's Absorbable Hemostat market had a market share of USD 26.25 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. Argentina is experiencing a growing demand for absorbable hemostats due to rising surgical procedures and improved healthcare services.
• Colombia's Absorbable Hemostat market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 13.90 million in 2024.
• Peru Absorbable Hemostat market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 12.81 million in 2024.
• Chile's Absorbable Hemostat market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 11.25 million in 2024.
• The Rest of Latin America's Absorbable Hemostat market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 25.15 million in 2024.

Middle East Absorbable Hemostat Market Analysis

According to Cognitive Market Research, the global Absorbable Hemostat market size was estimated at USD 3124.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 62.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031..

• The GCC Countries Absorbable Hemostat market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 26.75 million in 2024. GCC countries govern the absorbable hemostat market by investing in healthcare infrastructure and promoting advanced medical technologies.
• The Egypt Absorbable Hemostat market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 6.56 million in 2024.
• The South African absorbable Hemostat market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 9.87 million in 2024. South Africa's absorbable hemostat market is set to flourish due to rising surgical procedures and improved healthcare infrastructure.
• The Turkey Absorbable Hemostat market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 5.37 million in 2024.
• The Nigeria Absorbable Hemostat market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 6.56 million in 2024.
• The Rest of the MEA Absorbable Hemostat market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 7.37 million in 2024.

Absorbable Hemostat Market Analysis

Absorbable Hemostat Market Product Segment Analysis

According to Cognitive Market Research, cellulose-based products dominate the absorbable hemostat market due to their efficient blood absorption, biocompatibility, and convenience in various surgical procedures. These hemostats provide quick coagulation, which reduces surgery time and improves patient outcomes. Their widespread availability and demonstrated effectiveness in stopping bleeding have made them the preferred choice of surgeons, strengthening their market position.

The thrombin-based category is the fastest growing within the absorbable hemostat market due to its effectiveness in rapid blood coagulation and broad use in various procedures. Thrombin-based hemostats are becoming increasingly popular among surgeons due to their fast action and minimal side effects, which contributes to increased demand. This expansion is further supported by advances in thrombin-based product formulations and approvals.

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Absorbable Hemostat Market Formulation Segment Analysis

According to Cognitive Market Research, the matrix and gel hemostats sector dominates the absorbable hemostat market due to its efficient bleeding control and convenience of use in various surgical procedures. These products are frequently used for their biocompatibility and fast action in producing hemorrhage, particularly in minimally invasive operations. This strong inclination fuels significant expansion in this market.

Powder hemostats are the fastest-growing segment of the absorbable hemostat market due to their ease of handling, rapid absorption, and excellent wound-healing capabilities. This component is becoming increasingly used in surgeries requiring precise blood management, particularly during minimally invasive surgeries. As healthcare facilities employ new techniques, powder hemostats are gaining popularity in a variety of surgical professions.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Absorbable Hemostat Application Segment Analysis

Absorbable Hemostat Market Application Segment Analysis

According to Cognitive Market Research, the general surgery segment leads the absorbable hemostat market owing to the high volume of surgical procedures that require appropriate blood management solutions. With a wide range of surgeries, including abdominal, gastrointestinal, and thoracic operations, absorbable hemostats are in high demand. Their potential to minimize blood loss and enhance outcomes drives significant growth in this segment.

Orthopedic surgery is the fastest-growing segment in the absorbable hemostat market owing to an increase in bone and joint treatments and a rise in fractures, particularly among senior citizens. The need for efficient haemostatic solutions is growing due to the huge loss of blood which orthopedic procedures frequently trigger, which encourages the use of absorbable hemostats. This tendency is projected to fuel further market growth.

• General Surgery
• Orthopedic Surgery
• Cardiovascular Surgery
• Reconstructive Surgery

Absorbable Hemostat End-User Segment Analysis

Absorbable Hemostat Market End User Segment Analysis

According to Cognitive Market Research, the hospital segment leads the absorbable hemostat market due to the large volume of surgical procedures and the critical need for suitable blood management solutions in challenging situations. Hospitals are increasingly relying on absorbable hemostats to save medical time and enhance patient outcomes driving up demand. This tendency reinforces hospitals' strong market position.

Ambulatory Surgical Centers (ASCs) are the fastest-growing segment in the absorbable hemostat market due to the increased desire for outpatient procedures and cost-effective healthcare options. The rise in minimally invasive procedures, as well as the emphasis on reducing hospital stays, contribute to this trend. The need for efficient blood management solutions among ASCs drives the rise of absorbable hemostats in this market.

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Others

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

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