United States Hemostatic Powders and Hemostatic Agents Market was valued at USD 1.8 Billion in 2022 and is projected to reach USD 3.2 Billion by 2030, growing at a CAGR of 8.2% from 2024 to 2030.
The US Hemostatic Powders and Hemostatic Agents Market is witnessing significant growth due to the increasing demand across various industries, including healthcare, pharmaceuticals, and military applications. These specialized agents are crucial for controlling bleeding during surgeries, accidents, and traumatic injuries. Hemostatic powders and agents are substances that help manage bleeding by promoting blood clotting, making them indispensable in both emergency medical care and routine surgical procedures.
Hemostatic powders are specifically designed to stop bleeding by accelerating the natural clotting process. These products are particularly useful in cases where traditional methods, such as pressure or sutures, are not feasible. The US market for these hemostatic agents is expanding rapidly due to advancements in medical technology and the growing number of surgeries performed annually. Moreover, the military sector is a key consumer, as these products are essential for field medics in treating soldiers with traumatic injuries on the battlefield.
The primary types of hemostatic agents include powder-based formulations, gel-based products, and granular agents. Each type serves a specific purpose and is tailored to the nature of the bleeding injury. Powder-based hemostatic agents, for instance, are favored for their ease of application and effectiveness in rapidly controlling moderate to severe bleeding. On the other hand, gel-based agents are preferred for their ability to adhere to wound surfaces, providing a longer-lasting solution for bleeding control.
Industries such as pharmaceuticals are increasingly incorporating hemostatic agents into their product portfolios, recognizing their importance in surgical and emergency care settings. In addition, the growing emphasis on trauma care, particularly in hospitals and clinics, is pushing the demand for more effective and reliable hemostatic solutions. The need for these agents in the military sector has also risen significantly, as modern warfare often leads to complex injuries requiring rapid bleeding control.
As more industries adopt these hemostatic solutions, the US Hemostatic Powders and Hemostatic Agents Market is expected to continue its upward trajectory. Innovations in formulation and application techniques will likely further expand the market, offering more customized and effective solutions for various sectors, ultimately improving patient outcomes and reducing mortality rates in critical care situations.
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Medline Industries
Baxter
Pfizer
Zimmer Biomet
McKesson
Integra Life Sciences
Medtronic
CryoLife
CSL Behring
Ethicon
B Braun Melsungen
Gelita Medical
Smith & Nephew
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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 US Hemostatic Powders and Hemostatic Agents Market
Powder-Based Hemostatic Agents
Gel-Based Hemostatic Agents
Liquid Hemostatic Solutions
Composite Hemostatic Agents
Others
Trauma Cases
Orthopedic Surgery
Cardiac Surgery
General Surgery
Neurosurgery
Others
Hospitals
Ambulatory Surgical Centers
Trauma Centers
Burn Centers
Military and Emergency Services
Direct Sales
Distributors
Online Sales
Pharmacies
Health Care Facilities
Collagen-Based Hemostatic Agents
Cellulose-Based Hemostatic Agents
Chitosan-Based Hemostatic Agents
Gelatin-Based Hemostatic Agents
Synthetic Hemostatic Agents
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Hemostatic Powders and Hemostatic Agents 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. US Hemostatic Powders and Hemostatic Agents Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Hemostatic Powders and Hemostatic Agents Market, By Type
6. US Hemostatic Powders and Hemostatic Agents Market, By Application
7. US Hemostatic Powders and Hemostatic Agents Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Hemostatic Powders and Hemostatic Agents Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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