Plant Based Absorbable Surgical Hemostatic Powder Market Revenue was valued at USD 350 Million in 2024 and is estimated to reach USD 1.2 Billion by 2033, growing at a CAGR of 15.2% from 2026 to 2033.
The South Korea Plant Based Absorbable Surgical Hemostatic Powder market is rapidly evolving, driven by an increasing demand for safer and more efficient hemostatic solutions in surgeries. This market has witnessed significant growth in recent years due to the heightened awareness about the risks of conventional hemostatic products and the growing shift towards plant-based, biocompatible alternatives. In particular, the plant-based absorbable surgical hemostatic powder, which provides superior clotting capabilities, has gained traction in hospitals and medical centers across South Korea.
Plant-based hemostatic powders are designed to control bleeding during surgical procedures, making them invaluable in situations where blood loss could be critical. These powders are absorbed by the body after use, eliminating the need for removal and reducing the risk of infection. South Korean manufacturers are increasingly focusing on innovation and sustainability by utilizing natural plant-based materials, ensuring biocompatibility and reducing the environmental impact of medical waste.
The demand for plant-based absorbable surgical hemostatic powders is particularly pronounced in the field of minimally invasive surgery, where traditional hemostatic methods may not be as effective or suitable. Furthermore, these products are gaining favor in aesthetic and cosmetic surgeries, where precision and minimal scarring are paramount. This trend is further amplified by the increased adoption of green healthcare solutions, with both consumers and healthcare professionals preferring products with a lower environmental footprint.
Industries and healthcare professionals are increasingly turning to plant-based absorbable surgical hemostatic powder because it offers a range of advantages over synthetic alternatives. Key factors driving this adoption include its natural origin, superior hemostatic performance, and reduced adverse reactions. The market's growth is also supported by favorable government policies and the growing acceptance of sustainable healthcare practices.
The South Korean market is anticipated to expand even further in the coming years, driven by both technological advancements in medical devices and the demand for eco-friendly alternatives. This increase in market penetration will continue to encourage innovations, making plant-based absorbable surgical hemostatic powder a cornerstone in modern surgical practices.
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BD
Johnson & Johnson
Qingdao Zhonghuishengxi
Pfizer
Success Bio-Tech
Hangzhou Singclean Medical
MedTrade Products
Beijing Tech-bio-medical Equipment
Baxter (PerClot)
BioCer Entwicklungs
Hemostasis
BIOTEMED
Betatech Medical
Aegis Lifesciences
Aitekang Medical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Plant Based Absorbable Surgical Hemostatic Powder Market
Granular Powder
Micronized Powder
Medical Foam
Gel Forms
Composite Products
Chitosan-Based Hemostatic Powders
Collagen-Based Hemostatic Powders
Gelatin-Based Hemostatic Powders
Starch-Based Hemostatic Powders
Combination of Plant Extracts and Natural Polymers
General Surgery
Orthopedic Surgery
Cardiovascular Surgery
Gynecological Surgery
Neurosurgery
Topical Application
Injectable Forms
Sprayable Forms
Rapid-Deploy Solutions
Pre-Packed Devices
Hospitals
Ambulatory Surgical Centers
Specialized Clinics
Research Laboratories
Military Medical Facilities
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Plant Based Absorbable Surgical Hemostatic Powder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Plant Based Absorbable Surgical Hemostatic Powder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Plant Based Absorbable Surgical Hemostatic Powder Market, By Type
6. South Korea Plant Based Absorbable Surgical Hemostatic Powder Market, By Application
7. South Korea Plant Based Absorbable Surgical Hemostatic Powder Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Plant Based Absorbable Surgical Hemostatic Powder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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