Absorbable Hemostats Market Size

Market Size in USD Bn

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 and Among Others

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Absorbable Hemostats Market Analysis

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.