Canada Hemostasis & Tissue Sealing Agents Market Size & Outlook

The hemostasis & tissue sealing agents market in Canada is expected to reach a projected revenue of US$ 576.3 million by 2030. A compound annual growth rate of 7.1% is expected of Canada hemostasis & tissue sealing agents market from 2024 to 2030.
Revenue, 2023 (US$M)
$356.2
Forecast, 2030 (US$M)
$576.3
CAGR, 2024 - 2030
7.1%
Report Coverage
Canada

Canada hemostasis & tissue sealing agents market, 2018-2030 (US$M)

Canada

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Canada hemostasis & tissue sealing agents market highlights

  • The Canada hemostasis & tissue sealing agents market generated a revenue of USD 356.2 million in 2023 and is expected to reach USD 576.3 million by 2030.
  • The Canada market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
  • In terms of segment, topical hemostat was the largest revenue generating product in 2023.
  • Topical hemostat is the most lucrative product segment registering the fastest growth during the forecast period.


Hemostasis & tissue sealing agents market data book summary

Market revenue in 2023USD 356.2 million
Market revenue in 2030USD 576.3 million
Growth rate7.1% (CAGR from 2023 to 2030)
Largest segmentTopical hemostat
Fastest growing segmentTopical hemostat
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTopical hemostat, Adhesive & tissue sealant
Key market players worldwideJohnson & 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, Canada accounted for 4.5% of the global hemostasis & tissue sealing agents market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. hemostasis & tissue sealing agents market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 576.3 million by 2030.

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Hemostasis & Tissue Sealing Agents Market Companies

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Canada 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 65.92% in 2023. Horizon Databook has segmented the Canada hemostasis & tissue sealing agents market based on topical hemostat, adhesive & tissue sealant covering the revenue growth of each sub-segment from 2018 to 2030.


Canada is expected to be the fastest growing country in the North America hemostasis and tissue sealing agents market over the forecast period. 

Major factors such as availability of technologically advanced hemostasis agents such as fibrin sealants, growing geriatric population, increasing number of surgeries being performed, and growing use of these products by surgeons are fueling market growth in Canada. However, growth is expected to be restrained due to stringent regulatory requirements and high costs.

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Target buyers of Canada hemostasis & tissue sealing agents market databook

  • 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 country-level data and insights on the Canada hemostasis & tissue sealing agents market , including forecasts for subscribers. This country databook contains high-level insights into Canada hemostasis & tissue sealing agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada hemostasis & tissue sealing agents market size, by product, 2018-2030 (US$M)

Canada Hemostasis & Tissue Sealing Agents Market Outlook Share, 2023 & 2030 (US$M)

Canada hemostasis & tissue sealing agents market size, by product, 2018-2030 (US$M)

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