Flowable Hemostats Market
By Material;
Porcine Gelatin and Bovine GelatinBy Application;
General Surgery, Cardiac Surgery, Vascular Surgery, Neuro & Spine Surgery, Orthopedic Surgery, and OthersBy End User;
Hospitals, Clinics, and Ambulatory Surgery CentersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Introduction
Global Flowable Hemostats Market (USD Million), 2021 - 2031
In the year 2024, the Global Flowable Hemostats Market was valued at USD 724.99 million. The size of this market is expected to increase to USD 1,164.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.
Flowable Hemostats Market
*Market size in USD million
CAGR 7.0 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 7.0 % |
Market Size (2024) | USD 724.99 Million |
Market Size (2031) | USD 1,164.18 Million |
Market Concentration | Medium |
Report Pages | 305 |
Major Players
- 3D Matrix Medical Technology
- Aegis Lifesciences Private Limited
- Baxter International Inc.
- CR Bard Inc. (Becton, Dickinson, and Company)
- Ethicon, Inc. (Johnson & Johnson)
- Ferrosan Medical Devices A/S
- Integra LifeSciences Corporation
- Medcura Inc.
- Pfizer, Inc.
- Teleflex Incorporated
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Flowable Hemostats Market
Fragmented - Highly competitive market without dominant players
The global flowable hemostats market is experiencing robust growth driven by the increasing prevalence of surgical procedures and the critical need for effective blood loss management in various medical settings. Flowable hemostats, which are gelatinous or paste-like substances, are used to control bleeding during surgeries by promoting rapid clot formation and providing a mechanical barrier to blood flow. These hemostatic agents are particularly advantageous in complex and minimally invasive surgeries where traditional methods may be less effective or impractical.
A significant driver of market growth is the rising number of surgical interventions worldwide, attributable to an aging population, the prevalence of chronic diseases, and advancements in surgical techniques. As the demand for surgeries increases, so does the need for efficient hemostatic solutions that can reduce operative and postoperative complications related to excessive bleeding. Flowable hemostats are favored in various specialties, including cardiovascular, orthopedic, neurological, and general surgeries, due to their ease of use and rapid action.
Technological advancements and product innovations are propelling the market forward. Leading manufacturers are investing in research and development to enhance the efficacy, safety, and application ease of flowable hemostats. Innovations such as the incorporation of advanced biomaterials and the development of combination products that offer both hemostatic and antimicrobial properties are expanding the utility and appeal of these products. These advancements not only improve clinical outcomes but also expand the potential applications of flowable hemostats in diverse surgical contexts.
The market faces challenges such as the high cost of advanced hemostatic products and stringent regulatory requirements that can hinder product approval and commercialization. Despite these barriers, the global flowable hemostats market is poised for continued growth, driven by ongoing innovations, the expanding scope of surgical procedures, and the increasing emphasis on improving patient outcomes through effective blood loss management.
Global Flowable Hemostats Market Recent Developments
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In April 2023, Baxter International Inc. unveiled multiple new additions to its surgical portfolios at the Association of periOperative Registered Nurses (AORN) Global Surgical Conference & Expo 2023, including the launch of Floseal + Recothrom flowable hemostat. This helped the company to expand its product offerings and increase the reach of its product.
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In December 2022, Medcura Inc. received FDA breakthrough device designation for its LifeGel flowable technology that controls bleeding during surgery, for procedures where swelling cannot be tolerated. This helped the company expand its sales in the U.S.
Flowable Hemostats Market, Segment Analysis
In this report, the Flowable Hemostats Market has been segmented by Material, Application, End User and Geography.
Flowable Hemostats Market, Segmentation by Material
The Flowable Hemostats Market has been segmented by Material into Porcine Gelatin and Bovine Gelatin.
Porcine Gelatin
Porcine gelatin flowable hemostats dominate with ~60–65% market share, recognized for their rapid hemostasis rates of 90–95% during surgical interventions. Their clinical acceptance, cost-effectiveness, and proven track record contribute to consistent growth of ~5–7% annually, making them a preferred choice in a variety of surgical specialties.
Bovine Gelatin
Bovine gelatin-based hemostats represent ~35–40% of the market, valued for their biocompatibility and reliable hemostatic efficiency of 88–93%. They are a preferred option in cases where porcine-derived products are restricted, with demand increasing by ~4–6% per year across different medical applications.
Flowable Hemostats Market, Segmentation by Application
The Flowable Hemostats Market has been segmented by Application into General Surgery, Cardiac Surgery, Vascular Surgery, Neuro & Spine Surgery, Orthopedic Surgery and Others.
General Surgery
General surgery leads the flowable hemostats market with ~35–40% share, thanks to their adaptability across diverse procedures. They provide 90–95% bleeding control within minutes, helping surgeons manage both routine and complex cases. Steady growth of ~5–6% annually is supported by increasing use in minimally invasive techniques.
Cardiac Surgery
Cardiac surgery applications make up ~15–18% of the market, where 92–96% hemostatic efficiency is crucial during intricate heart operations. Rising cardiovascular procedure volumes are driving ~6–7% annual growth in adoption.
Vascular Surgery
With ~12–14% market share, vascular surgery relies on flowable hemostats for 90–94% bleeding control in vessel repair and bypass procedures. Growth of ~5–6% annually is fueled by the increasing incidence of vascular diseases worldwide.
Neuro & Spine Surgery
Neuro and spine surgeries account for ~10–12% of market demand, benefiting from 88–93% hemostasis rates in sensitive neural and spinal operations. Expanding neurosurgical capabilities are contributing to ~6–8% annual growth in this segment.
Orthopedic Surgery
Orthopedic surgery holds ~8–10% of the market, with flowable hemostats achieving 89–92% success rates in joint and bone-related procedures. The segment is growing by ~4–5% annually due to rising orthopedic case volumes in aging populations.
Others
Other applications, including trauma and reconstructive surgeries, represent ~6–8% of demand. They deliver 85–90% bleeding control rates, with adoption increasing at ~3–4% annually as emergency and complex surgical cases rise.
Flowable Hemostats Market, Segmentation by End User
The Flowable Hemostats Market has been segmented by End User into Hospitals, Clinics and Ambulatory Surgery Centers.
Hospitals
Hospitals dominate the flowable hemostats market with ~65–70% share, supported by high patient volumes, complex surgical procedures, and advanced infrastructure. These facilities achieve 90–95% bleeding control rates across a wide range of surgeries. Steady ~5–6% annual growth is driven by increasing demand for specialized and high-acuity care.
Clinics
Clinics contribute ~15–18% of market demand, primarily for minor surgical interventions and outpatient treatments. With 88–92% effectiveness in bleeding control, they offer efficient care in resource-light environments. The segment grows ~4–5% annually as outpatient and day-surgery capabilities expand.
Ambulatory Surgery Centers
Ambulatory surgery centers account for ~12–15% of the market, delivering efficient, same-day surgical care. Flowable hemostats provide 89–93% success rates during minimally invasive procedures. Growth of ~6–7% annually reflects the shift toward cost-effective, rapid-recovery surgical environments.
Flowable Hemostats Market, Segmentation by Geography
In this report, the Flowable Hemostats Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Flowable Hemostats Market Share (%), by Geographical Region.
North America
North America leads the Flowable Hemostats Market with ~40–45% share, driven by advanced medical infrastructure, high surgical case loads, and early adoption of innovative surgical tools. Hospitals and specialized centers report 90–95% success rates in bleeding control, with the segment growing ~5–6% annually due to increasing use in complex and minimally invasive procedures.
Europe
Europe holds ~25–28% of the global market, benefiting from rigorous surgical safety regulations and well-established healthcare networks. Flowable hemostats consistently achieve 88–94% effectiveness in diverse surgical specialties. Annual growth of ~4–5% is supported by rising orthopedic, cardiovascular, and neurosurgical procedures.
Asia Pacific
Asia Pacific commands ~18–20% of the market, with the fastest adoption rate of ~7–8% annually thanks to expanding healthcare access and higher surgical volumes. With 88–93% bleeding control rates, these products are increasingly used in general, cardiac, and trauma surgeries. Government healthcare investments further strengthen growth.
Middle East & Africa
The Middle East & Africa accounts for ~7–9% of global demand, expanding at ~5–6% annually as surgical infrastructure improves. Flowable hemostats offer 87–92% success rates in critical procedures, including trauma and reconstructive surgeries, making them an important part of surgical toolkits in the region.
Latin America
Latin America contributes ~6–8% to the market, growing ~4–5% annually with rising adoption in both public and private healthcare facilities. Achieving 86–91% hemostatic efficiency, these products are helping improve surgical outcomes and broaden access to advanced bleeding control solutions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Flowable Hemostats Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing Number of Surgical Procedures
- Technological Advancements and Product Innovations
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Growing Awareness and Adoption in Emerging Markets: Increasing awareness about the benefits of effective blood loss management is significantly driving the demand for flowable hemostats. As healthcare providers and patients become more knowledgeable about the importance of controlling bleeding during surgical procedures, the preference for advanced hemostatic solutions is rising. This awareness is particularly crucial in enhancing surgical outcomes, reducing complications, and ensuring quicker patient recovery.
The growing adoption of advanced surgical techniques in emerging markets is another critical factor fueling the demand for flowable hemostats. Regions such as Asia-Pacific and Latin America are witnessing a surge in the use of modern surgical methods, which necessitate the use of efficient hemostatic agents. The integration of innovative surgical practices with effective blood management tools is vital in improving the overall quality of healthcare services in these regions.
Healthcare infrastructure improvements and rising healthcare expenditure in emerging markets are further contributing to the growth of the flowable hemostats market. Countries in Asia-Pacific and Latin America are increasingly investing in healthcare facilities, technology, and training. This investment is facilitating the adoption of more sophisticated surgical and hemostatic solutions, thereby expanding the market for flowable hemostats and enhancing the standard of care available to patients.
Restraints
- High Cost of Advanced Hemostatic Products
- Stringent Regulatory Requirements
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Potential Side Effects and Complications: While flowable hemostats are engineered for safety and efficacy, there are inherent risks of side effects and complications. Potential issues include allergic reactions, infections, or adverse tissue responses, which can arise from the use of these products. Such risks necessitate careful consideration by healthcare providers when choosing hemostatic agents for surgical procedures.
These potential complications can significantly deter healthcare providers from adopting new hemostatic products. Concerns about patient safety and the potential for adverse outcomes lead to a cautious approach in integrating new technologies into clinical practice. This hesitation can slow down the rate of adoption of innovative hemostatic solutions, impacting overall market growth.
The presence of these risks often results in increased regulatory scrutiny. Regulatory bodies such as the FDA and EMA impose stringent safety and efficacy standards that must be met before new products can be approved and marketed. This rigorous regulatory environment can delay product launches and add to the costs and complexity of bringing new hemostatic agents to market, further restraining growth in the global flowable hemostats market.
Opportunities
- Expansion in Emerging Markets
- Development of Next-Generation Hemostatic Products
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Strategic Collaborations and Partnerships: Collaborations and partnerships among medical device manufacturers, research institutions, and healthcare providers play a pivotal role in fostering innovation, expediting product development, and broadening market access within the global flowable hemostats market. Through joint ventures, licensing agreements, and research collaborations, stakeholders can synergize their expertise and resources to address unmet needs and propel advancements in surgical blood loss management. These strategic alliances enable the pooling of knowledge, technologies, and resources, facilitating the development of novel hemostatic solutions with enhanced efficacy and safety profiles.
By leveraging collaborative efforts, stakeholders can streamline the product development process and accelerate the introduction of innovative hemostatic products to the market. Joint ventures and partnerships provide access to complementary capabilities and infrastructure, enabling efficient research, testing, and manufacturing of flowable hemostats. Furthermore, licensing agreements facilitate the exchange of intellectual property and technologies, fostering the rapid adoption of new innovations and expanding the portfolio of hemostatic solutions available to healthcare providers.
Strategic collaborations and partnerships contribute to the expansion of market reach and the fulfillment of unmet needs in surgical blood loss management. By combining resources and expertise, stakeholders can penetrate new markets, enhance product penetration, and address specific challenges faced by healthcare providers. This collaborative approach fosters a conducive environment for innovation and growth in the global flowable hemostats market, ultimately benefiting patients by improving surgical outcomes and reducing the risk of complications associated with excessive bleeding.
Competitive Landscape Analysis
Key players in Global Flowable Hemostats Market include.
- Johnson & Johnson
- Baxter International Inc
- Teleflex Incorporated
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Material
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Flowable Hemostats Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Number of Surgical Procedures
- Technological Advancements and Product Innovations
- Growing Awareness and Adoption in Emerging Markets
- Restraints
- High Cost of Advanced Hemostatic Products
- Stringent Regulatory Requirements
- Potential Side Effects and Complications
- Opportunities
- Expansion in Emerging Markets
- Development of Next-Generation Hemostatic Products
- Strategic Collaborations and Partnerships
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Flowable Hemostats Market, By Material, 2021 - 2031 (USD Million)
- Porcine Gelatin
- Bovine Gelatin
- Flowable Hemostats Market, By Application, 2021 - 2031 (USD Million)
- General Surgery
- Cardiac Surgery
- Vascular Surgery
- Neuro & Spine Surgery
- Orthopedic Surgery
- Others
- Flowable Hemostats Market, By End User, 2021 - 2031 (USD Million)
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- Flowable Hemostats Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Flowable Hemostats Market, By Material, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Johnson & Johnson
- Baxter International Inc
- Teleflex Incorporated
- Company Profiles
- Analyst Views
- Future Outlook of the Market