Absorbable Hemostats Market is segmented By Type (Thrombin-Based Hemostats, Oxidized Regenerated Cellulose-Based Hemostats, Gelatin-Based Hemostats, C....
Market Size in USD
CAGR6.5%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 6.5% |
Market Concentration | High |
Major Players | B. Braun, Baxter, Johnson & Johnson, BD, Cura Medical |
The absorbable hemostats market is estimated to be valued at USD 2.87 Bn in 2024 and is expected to reach USD 4.455 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031. Absorbable hemostats are increasingly being adopted by healthcare professionals owing to their ability to aid in homeostasis and get absorbed by the body after surgery.