South Africa Hemostasis & Tissue Sealing Agents Market Size & Outlook
South Africa hemostasis & tissue sealing agents market, 2018-2030 (US$M)
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South Africa hemostasis & tissue sealing agents market highlights
- The South Africa hemostasis & tissue sealing agents market generated a revenue of USD 114.2 million in 2023 and is expected to reach USD 210.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9.2% 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 114.2 million |
| Market revenue in 2030 | USD 210.9 million |
| Growth rate | 9.2% (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, South Africa accounted for 1.4% 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 Middle East & Africa, South Africa hemostasis & tissue sealing agents market is projected to lead the regional market in terms of revenue in 2030.
- Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 81.2 million by 2030.
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Hemostasis & Tissue Sealing Agents Market Scope
Hemostasis & Tissue Sealing Agents Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 62.87% in 2023. Horizon Databook has segmented the South Africa 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 South African region is expected to witness substantial growth over the next seven years. The Wound Healing Association of South Africa (WHASA) was formed in 2005 for the promotion of R&D of wound management.
The association conducts workshops and seminars to educate physicians about innovative solutions in wound management. The WoundsGroup publishes Diabetic Foot Journal in the Middle East, which aims at educating physicians and general public about diabetic foot care.
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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 South Africa hemostasis & tissue sealing agents market , including forecasts for subscribers. This country databook contains high-level insights into South Africa hemostasis & tissue sealing agents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa hemostasis & tissue sealing agents market size, by product, 2018-2030 (US$M)
South Africa Hemostasis & Tissue Sealing Agents Market Outlook Share, 2023 & 2030 (US$M)
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