South Korea Hemostats Market Size & Outlook, 2023-2030

The hemostats market in South Korea is expected to reach a projected revenue of US$ 102.0 million by 2030. A compound annual growth rate of 7.1% is expected of South Korea hemostats market from 2024 to 2030.
Revenue, 2023 (US$M)
$62.9
Forecast, 2030 (US$M)
$102.0
CAGR, 2024 - 2030
7.2%
Report Coverage
South Korea

South Korea hemostats market highlights

  • The South Korea hemostats market generated a revenue of USD 62.9 million in 2023 and is expected to reach USD 102.0 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
  • In terms of segment, oxidized regenerated cellulose-based hemostats was the largest revenue generating type in 2023.
  • Thrombin-based Hemostats is the most lucrative type segment registering the fastest growth during the forecast period.

Hemostats market data book summary

Market revenue in 2023USD 62.9 million
Market revenue in 2030USD 102.0 million
Growth rate7.1% (CAGR from 2023 to 2030)
Largest segmentOxidized regenerated cellulose-based hemostats
Fastest growing segmentThrombin-based Hemostats
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationThrombin-based Hemostats, Oxidized Regenerated Cellulose-based Hemostats, Combination Hemostats
Key market players worldwideJohnson & Johnson, Integra Lifesciences Holdings Corp, Pfizer Inc, Becton Dickinson & Co, Medtronic PLC, Baxter International Inc, Stryker Corp, Artivion Inc, B. Braun

Other key industry trends

  • In terms of revenue, South Korea accounted for 2.3% of the global hemostats market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China hemostats 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 204.5 million by 2030.

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Hemostats Market Companies

Name Profile # Employees HQ Website

South Korea hemostats 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 hemostats market will help companies and investors design strategic landscapes.


Oxidized regenerated cellulose-based hemostats was the largest segment with a revenue share of 42.29% in 2023. Horizon Databook has segmented the South Korea hemostats market based on thrombin-based hemostats, oxidized regenerated cellulose-based hemostats, combination hemostats covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea Hemostats Type Outlook (Revenue, USD Million, 2018-2030)
    • Thrombin-based Hemostats
    • Oxidized Regenerated Cellulose-based Hemostats
    • Combination Hemostats
    • Others
  • South Korea Hemostats Formulation Outlook (Revenue, USD Million, 2018-2030)
    • Matrix & Gel Hemostats
    • Sponge Hemostats
    • Powder Hemostats
    • Others
  • South Korea Hemostats Application Outlook (Revenue, USD Million, 2018-2030)
    • Orthopedic Surgery
    • General Surgery
    • Neurological Surgery
    • Cardiovascular Surgery
    • Others
  • South Korea Hemostats End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals & Clinics
    • Ambulatory Surgical Centers (ASCs)
    • Casualty Care Centers
    • Others

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Target buyers of South Korea hemostats market databook

  • Our clientele includes a mix of hemostats market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the South Korea hemostats market , including forecasts for subscribers. This country databook contains high-level insights into South Korea hemostats market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea hemostats market size, by type, 2018-2030 (US$M)

South Korea Hemostats Market Outlook Share, 2023 & 2030 (US$M)

South Korea hemostats market size, by type, 2018-2030 (US$M)

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