PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1709451
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1709451
Flowable Hemostats Market size was valued at US$ 750.54 Million in 2024, expanding at a CAGR of 6.01% from 2025 to 2032.
The Flowable Hemostats Market focuses on products used to control bleeding during surgical procedures. Flowable hemostats are thick, gelatinous substances that combine a hemostatic agent with a carrier material, making them easy to apply to irregular wound surfaces. These hemostats work by accelerating the body's natural clotting process, helping to manage bleeding quickly and effectively. They are widely used in surgeries such as cardiovascular, orthopedic, and general procedures. The market is driven by the rising number of surgical procedures globally, an aging population, and increasing trauma cases.
Advancements in hemostatic technology, such as faster application and improved biocompatibility, are enhancing their effectiveness. Additionally, the demand for minimally invasive surgeries has boosted the use of flowable hemostats. North America and Europe currently lead the market due to advanced healthcare systems, while Asia-Pacific is experiencing rapid growth. Challenges include high costs and regulatory hurdles. However, increasing healthcare investments and innovations continue to drive market expansion.
Flowable Hemostats Market- Market Dynamics
Rising surgical procedures globally increasing demand for hemostatic solutions.
The increasing number of surgical procedures worldwide is a significant driver for the flowable hemostats market. A study published in The Lancet estimated that approximately 234 million major surgical procedures are performed globally each year. This high volume underscores the critical need for effective hemostatic agents to manage bleeding during surgeries.
Flowable hemostats, known for their ease of application and efficacy in controlling bleeding, are becoming essential tools in the surgical toolkit. As the global population ages and the prevalence of chronic diseases rises, the demand for surgical interventions is expected to increase, further propelling the need for advanced hemostatic solutions.
Flowable Hemostats Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 6.01% over the forecast period (2025-2032)
Based on product type segmentation, Gelatin-based hemostats was predicted to show maximum market share in the year 2024
Based on application segmentation, Cardiovascular surgery was the leading application in 2024
Based on End-user segmentation, Hospitals was the leading end-user in 2024
On the basis of region, North America was the leading revenue generator in 2024
The Global Flowable Hemostats Market is segmented on the basis of Product Type, Application, End-user, and Region.
The market is divided into Four categories based on product type: Gelatin-based Hemostats, Collagen-based Hemostats, Combination Hemostats, and Thrombin-based Hemostats. Gelatin-based hemostats dominate the flowable hemostats market due to their versatility, effectiveness, and ease of use in controlling bleeding during various surgical procedures. These hemostats work by absorbing blood rapidly and creating a mechanical barrier to promote clotting. Their widespread use in cardiovascular, orthopedic, and general surgeries drives their market leadership. According to the U.S. Food and Drug Administration (FDA), gelatin-based hemostats are among the most commonly approved and utilized hemostatic agents in operating rooms. Surgeons prefer them for their biocompatibility, ease of application, and effectiveness on irregular wound surfaces. Additionally, the rising number of minimally invasive surgeries and trauma cases has further fueled their demand. Continuous advancements, such as improved formulations and faster absorption rates, are enhancing their performance, solidifying their position as the market leader.
The market is divided into two categories based on application: Cardiovascular Surgery, Orthopedic Surgery, General Surgery, Neurosurgery, Gynecological Surgery, Urology Surgery, Other. Cardiovascular surgery dominates the flowable hemostats market due to the high volume of complex procedures requiring effective bleeding control. According to the Centers for Disease Control and Prevention (CDC), approximately 805,000 heart attacks occur annually in the U.S., driving a surge in cardiac surgeries. Flowable hemostats are crucial in these surgeries to manage bleeding in delicate and hard-to-reach areas, reducing the risk of complications. Surgeons prefer them for their ability to work on irregular surfaces and in active bleeding sites. The increasing prevalence of heart diseases, aging populations, and advancements in cardiac procedures, such as bypass surgeries and valve replacements, further boost demand. The shift towards minimally invasive cardiovascular interventions has increased the use of quick and efficient hemostatic solutions, solidifying cardiovascular surgery as the leading application segment.
Flowable Hemostats Market- Geographical Insights
North America holds a major share of the flowable hemostats market, driven by a high volume of surgical procedures and advanced healthcare infrastructure. According to the Centers for Disease Control and Prevention (CDC), over 50 million surgical procedures are performed annually in the U.S., increasing the demand for effective hemostatic solutions. The region benefits from frequent FDA approvals, which facilitate the introduction of innovative hemostatic products. The growing prevalence of chronic diseases, such as cardiovascular disorders and cancer, has increased the number of surgeries, further driving market growth. Additionally, a rising elderly population, which is more susceptible to surgical interventions, contributes to the demand for advanced hemostats. Major players like Johnson & Johnson, Baxter, and Medtronic are heavily investing in research and development to enhance product efficacy. The increase in outpatient procedures and minimally invasive surgeries, especially in ambulatory surgical centers, has also fueled demand. Overall, strong healthcare spending and technological advancements make North America a key market for flowable hemostats.
The United States holds a significant share of the flowable hemostats market, driven by a high volume of surgical procedures and advanced healthcare facilities. According to the CDC, over 50 million surgeries are performed annually in the U.S., increasing the demand for effective bleeding control solutions. The presence of major players such as Johnson & Johnson, Baxter, and Medtronic contributes to market growth through continuous innovation and new product launches. Additionally, a growing aging population and rising prevalence of chronic diseases, such as cardiovascular disorders and cancer, are driving surgical interventions. The country's strong regulatory framework, with frequent FDA approvals, supports the rapid adoption of advanced hemostatic products. Increased funding for healthcare research and high healthcare expenditure further fuel market expansion. The rise in outpatient and minimally invasive surgeries, particularly in ambulatory surgical centers, has boosted demand for easy-to-use hemostats. Additionally, trauma cases from accidents contribute to increased usage of flowable hemostats in emergency procedures. Overall, the U.S. remains a key market with strong growth potential.
The flowable hemostats market is highly competitive, driven by technological advancements, product innovations, and strategic collaborations among key players. Companies are focusing on research and development to introduce hemostatic solutions with improved efficacy, faster application, and better biocompatibility. Frequent FDA approvals and new product launches are enhancing market expansion. Mergers, acquisitions, and partnerships with hospitals and surgical centers are common strategies to strengthen market presence. Leading players such as Johnson & Johnson (Ethicon), Baxter International (Floseal Hemostatic Matrix), Becton, Dickinson and Company (BD), Medtronic, and Pfizer dominate the market with a broad range of hemostatic solutions. Additionally, companies like Stryker, Teleflex, CryoLife, CSL Behring, Hemostasis, LLC, and Tissuemed Ltd are expanding their portfolios through continuous innovation. The competitive landscape is further shaped by investments in minimally invasive surgical technologies and collaborations with healthcare providers. This intense competition is driving improvements in product performance, safety, and accessibility, ensuring sustained market growth.
In April 2023, Baxter International Inc. unveiled multiple new additions to its surgical portfolios at the Association of periOperative Registered Nurses (AORN) Global Surgical Conference & Expo 2023, including the launch of Floseal + Recothrom flowable hemostat. This helped the company to expand its product offerings and increase the reach of its product.