Asia Pacific Hemostasis & Tissue Sealing Agents Market Size & Outlook
Asia Pacific hemostasis & tissue sealing agents market, 2018-2030 (US$M)
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Asia Pacific hemostasis & tissue sealing agents market highlights
- The Asia Pacific hemostasis & tissue sealing agents market generated a revenue of USD 1,974.8 million in 2023.
- The market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
- In terms of segment, topical hemostat was the largest revenue generating product in 2023.
- Adhesive & tissue sealant is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,974.8 million |
| Market revenue in 2030 | USD 2,477.4 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Topical hemostat |
| Fastest growing segment | Adhesive & tissue sealant |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Topical hemostat, Adhesive & tissue sealant |
| Key market players worldwide | Johnson & Johnson, Cryolife, Cohera Medical, Pfizer Inc, Becton Dickinson & Co, Baxter International Inc, HyperBranch Medical Technology, Zimmer Biomet Holdings Inc, B. Braun Medical, Smith & Nephew PLC, Advanced Medical Solutions, Integra Lifesciences Holdings Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.7% of the global hemostasis & tissue sealing agents market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 954.2 million by 2030.
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Hemostasis & Tissue Sealing Agents Market Scope
Hemostasis & Tissue Sealing Agents Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific hemostasis & tissue sealing agents market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hemostasis & tissue sealing agents market will help companies and investors design strategic landscapes.
Topical hemostat was the largest segment with a revenue share of 77.03% in 2023. Horizon Databook has segmented the Asia Pacific hemostasis & tissue sealing agents market based on topical hemostat, adhesive & tissue sealant covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to witness exponential growth over the forecast period. Major factors boosting the market are increasing government initiatives that promote the use of such medical devices, growing geriatric population, and increasing healthcare expenditure in this region.
The Asian-Pacific Society for Thrombosis and Hemostasis (APSTH) is involved in fostering knowledge about clinical trials and other scientific information in hemostasis and thrombosis.
Furthermore, liberal regulatory requirements for use of such medical devices and rising investments by key players, such as Pfizer, Inc. and CryoLife, Inc., in this region are fueling growth of hemostasis and tissue sealing agents market in this region.
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Our clientele includes a mix of hemostasis & tissue sealing agents market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific hemostasis & tissue sealing agents market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific hemostasis & tissue sealing agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific hemostasis & tissue sealing agents market size, by country, 2018-2030 (US$M)
Asia Pacific Hemostasis & Tissue Sealing Agents Market Outlook Share, 2023 & 2030 (US$M)
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