India Hemostasis & Tissue Sealing Agents Market Size & Outlook
India hemostasis & tissue sealing agents market, 2018-2030 (US$M)
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India hemostasis & tissue sealing agents market highlights
- The India hemostasis & tissue sealing agents market generated a revenue of USD 370.1 million in 2023 and is expected to reach USD 698.5 million by 2030.
- The India market is expected to grow at a CAGR of 9.5% 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 2023 | USD 370.1 million |
| Market revenue in 2030 | USD 698.5 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Topical hemostat |
| Fastest growing segment | Topical hemostat |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, India accounted for 4.6% 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 Asia Pacific, China hemostasis & tissue sealing agents market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 698.5 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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India 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 77.36% in 2023. Horizon Databook has segmented the India hemostasis & tissue sealing agents market based on topical hemostat, adhesive & tissue sealant covering the revenue growth of each sub-segment from 2018 to 2030.
The hemostasis and tissue sealing agents market in India is expected to witness growth over the forecast period. Major factors responsible for growth of this market are increase in healthcare expenditure and presence of less stringent regulations on use of such medical devices, lower costs, & abundance of labor, which facilitate easy entry of manufacturers in this region.
Moreover, establishment of new corporate hospitals and presence of structured training and awareness programs on use of advanced medical devices in surgeries are boosting the market in India. Major players, such as Baxter India and Sysmex Corporation, have operations in India.
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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 country-level data and insights on the India hemostasis & tissue sealing agents market , including forecasts for subscribers. This country databook contains high-level insights into India hemostasis & tissue sealing agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India hemostasis & tissue sealing agents market size, by product, 2018-2030 (US$M)
India Hemostasis & Tissue Sealing Agents Market Outlook Share, 2023 & 2030 (US$M)
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