North America Hemostasis & Tissue Sealing Agents Market Size & Outlook
North America hemostasis & tissue sealing agents market, 2018-2030 (US$M)
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North America hemostasis & tissue sealing agents market highlights
- The North America hemostasis & tissue sealing agents market generated a revenue of USD 2,643.2 million in 2023.
- The market is expected to grow at a CAGR of 3.8% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,643.2 million |
| Market revenue in 2030 | USD 3,429.1 million |
| Growth rate | 3.8% (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, North America region accounted for 33.1% 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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North America 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 65.8% in 2023. Horizon Databook has segmented the North America hemostasis & tissue sealing agents market based on topical hemostat, adhesive & tissue sealant covering the revenue growth of each sub-segment from 2018 to 2030.
North America is estimated to be the largest market for hemostasis and tissue sealing agents over the forecast period. Major factor responsible for the large market share is aggressive marketing of such devices in this region.
Other factors responsible for market growth are regular launch of new products, increasing applications of such devices in surgeries and other medical fields, and growing demand for tissue sealing agents that minimize postoperative complications and increase the speed of healing. Adhesives and sealants have a share in the North America market
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America hemostasis & tissue sealing agents market , including forecasts for subscribers. This continent databook contains high-level insights into North America hemostasis & tissue sealing agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America hemostasis & tissue sealing agents market size, by country, 2018-2030 (US$M)
North America Hemostasis & Tissue Sealing Agents Market Outlook Share, 2023 & 2030 (US$M)
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