Global Hemostats Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Thrombin-Based Hemostats, Oxidized Regenerated Cellulose-Based Hemostats, Combination Hemostats, Gelatin-Based Hemostats, and Collagen-Based Hemostats

By Formulation;

Matrix & Gel Hemostats, Sheet & Pad Hemostats, Sponge Hemostats, and Powder Hemostats

By Application;

Orthopedic Surgery, General Surgery, Neurological Surgery, Cardiovascular Surgery, Reconstructive Surgery, Gynecological Surgery, and Others

By End Use;

Hospitals & Clinics, Ambulatory Surgical Centers (ASCs), Casualty Care Centers, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn337348514 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Hemostats Market (USD Million), 2021 - 2031

Hemostats Market was valued at USD 3,692.15 million in the year 2024. The size of this market is expected to increase to USD 5,551.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.


Global Hemostats Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.0 %
Market Size (2024)USD 3,692.15 Million
Market Size (2031)USD 5,551.63 Million
Market ConcentrationMedium
Report Pages394
3,692.15
2024
5,551.63
2031

Major Players

  • C. R. Bard
  • B.Braun
  • Baxter
  • Integra Lifesciences
  • Marine Polymer Technologies
  • Pfizer
  • Gelita Medical GmbH
  • Z-Medica, LLC
  • Ethicon (Subsidiary of Johnson & Johnson)
  • Teleflex Incorporated

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Hemostats Market

Fragmented - Highly competitive market without dominant players


The Hemostats Market is witnessing robust growth, driven by the rising demand for effective bleeding control tools in surgical settings. Hemostats play a vital role in reducing blood loss and enhancing surgical efficiency, making them a crucial part of modern medical procedures. These products now account for nearly 40% of all surgical tool usage in critical care environments, underscoring their importance in complex operations.

Technological Advancements in Hemostatic Agents
Innovative hemostatic agents, such as fibrin-based and collagen-based solutions, have transformed the market landscape. These advanced formulations offer rapid clotting and superior biocompatibility, representing around 35% of the market. Their quick action and effective bleeding control contribute to faster patient recovery and reduced surgical risks, making them highly preferred in critical care procedures.

Rising Surgical Volumes and Trauma Cases
The increasing number of surgical procedures and trauma cases is a major growth driver for this market. Nearly 60% of trauma-related surgeries now utilize hemostats to minimize blood loss and improve patient outcomes. This trend is further fueled by the growing elderly population and the rising prevalence of chronic conditions requiring surgical intervention.

Surge in Minimally Invasive Surgeries
The preference for minimally invasive procedures is rapidly increasing, driven by shorter recovery times and fewer post-operative complications. Approximately 45% of all surgeries now fall under this category, boosting the demand for compact, efficient hemostats designed for use in confined surgical spaces.

Focus on Patient Safety and Enhanced Surgical Outcomes
With a growing focus on patient safety and clinical efficiency, healthcare providers are increasingly incorporating hemostats into routine surgical practice. Over 50% of hospitals have integrated advanced hemostatic solutions into their surgical kits, reflecting the critical role these products play in improving patient outcomes and surgical success rates.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Formulation
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Global Hemostats Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand for rapid bleeding control
        2. Growth in surgical procedures worldwide
        3. Technological advancements in hemostatic products
        4. Increasing awareness of wound care solutions
      2. Restraints
        1. Strict regulatory approval processes globally
        2. High cost of advanced hemostatic agents
        3. Limited availability in developing regions
        4. Concerns over product side effects
      3. Opportunities
        1. Expansion in emergency medical applications
        2. Rising adoption of minimally invasive surgeries
        3. Development of bio-compatible hemostatic materials
        4. Growing focus on personalized healthcare solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hemostats Market, By Product, 2021 - 2031 (USD Million)
      1. Thrombin-Based Hemostats
      2. Oxidized Regenerated Cellulose-Based Hemostats
      3. Combination Hemostats
      4. Gelatin-Based Hemostats
      5. Collagen-Based Hemostats
    2. Global Hemostats Market, By Formulation, 2021 - 2031 (USD Million)
      1. Matrix & Gel Hemostats
      2. Sheet & Pad Hemostats
      3. Sponge Hemostats
      4. Powder Hemostats
    3. Global Hemostats Market, By Application, 2021 - 2031 (USD Million)
      1. Orthopedic Surgery
      2. General Surgery
      3. Neurological Surgery
      4. Cardiovascular Surgery
      5. Reconstructive Surgery
      6. Gynecological Surgery
      7. Others
    4. Global Hemostats Market, By End Use, 2021 - 2031 (USD Million)
      1. Hospitals & Clinics
      2. Ambulatory Surgical Centers (ASCs)
      3. Casualty Care Centers
      4. Others
    5. Global Hemostats Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. C. R. Bard
      2. B.Braun
      3. Baxter
      4. Integra Lifesciences
      5. Marine Polymer Technologies
      6. Pfizer
      7. Gelita Medical GmbH
      8. Z-Medica, LLC
      9. Ethicon (Subsidiary of Johnson & Johnson)
      10. Teleflex Incorporated
  7. Analyst Views
  8. Future Outlook of the Market