Market Overview:
The global absorbable hemostat gelatin sponge market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of trauma and surgery, rising demand for minimally invasive surgeries, and technological advancements in absorbable hemostat products. Based on type, the global absorbable hemostat gelatin sponge market is segmented into large size, medium size, and small size. The large size segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high absorption capacity and easy handling characteristics. Based on application, hospitals are expected to account for the largest share of the global absorbable hemostat gelatin sponge market in 2018 followed by clinics and others segments respectively.
Product Definition:
A gelatin sponge is a medical device that is used to control bleeding. It is made from purified collagen and water, and it is absorbable. When it comes into contact with blood, the sponge swells and becomes sticky. This helps to stop the bleeding.
Large Size:
Large size is the term used for blood volume above 400 ml. It's important to keep the normal range of large size so that coagulation and fibrinolytic factors can work properly. Larger than normal sized patients have more difficulty in maintaining a constant flow of blood during surgery, this may lead to complications such as excessive bleeding or insufficient bleeding during surgeries which may result in failure.
Medium Size:
Medium-sized gelatin sponges are the most commonly used hemostats in hospitals and clinics. They are available as pre-filled syringes in a variety of sizes ranging from 2 to 100 ml capacity. These can be used for measuring blood volume or viscosity, which makes them an essential tool for medical professionals across various specialties such as pediatrics, obstetrics & gynecology, and neurology among others.
Application Insights:
The others segment held the largest share of the global market in 2017. The segment includes surgical theaters, home care settings and other applications. Absorbable hemostats are used as a first aid measure for acute abdominal pain, heavy menstrual bleeding and rectal prolapse among others. Increasing awareness about effective treatment of various conditions with absorbable hemostats is expected to drive growth over the forecast period.
Absorbable hemorrhoid bandages are gaining popularity in home healthcare settings owing to their ease of use and applicability in treating various anal fissures including Crohn¢â‚¬â„¢s disease or ulcerative colitis without surgery or anesthesia as well as reducing postoperative pain & swelling at same time protecting skin from further damage caused by incisions made during surgeries.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure and high consumer awareness. Moreover, increasing government initiatives for product penetration is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to rising disposable income and improving healthcare facilities in emerging economies such as China, India, Thailand, Malaysia & Singapore. In addition, growing medical tourism industry will also boost demand for absorbable hemostat gelatin sponges in this region. ‰â€˜Absorbable Hemostatic Agents Market Size And Trend Analysis By Application (Hospitals/Clinics), By Region (North America; Europe; Asia Pacific; Latin America) 2018 - 2030‰ Absorbable hemostatic agents market was segmented into North America, Europe., Asia Pacific.
Growth Factors:
- Increasing incidence of traumatic injuries: The increasing incidence of traumatic injuries is one of the key growth drivers for the absorbable hemostat gelatin sponge market. Traumatic injuries are caused by a sudden physical force that leads to damage in tissues and organs. Such injuries often require surgical intervention to control bleeding and promote healing. This, in turn, is expected to drive the demand for absorbable hemostat gelatin sponges over the forecast period.
- Rising awareness about benefits of using absorbable hemostats: There is a growing awareness among healthcare professionals about the benefits of using absorbable hemostats over conventional methods such as suturing and bandaging. This is likely to boost demand for these products in the coming years.
- Technological advancements: The development of novel technologies has led to introduction of new products in the market, which are safer and more effective than traditional methods used for controlling bleeding during surgery or other medical procedures.. This is likely to fuel growth prospects fortheabsorbablehemostatgelatin sponge marketin thenear future .
Scope Of The Report
Report Attributes
Report Details
Report Title
Absorbable Hemostat Gelatin Sponge Market Research Report
By Type
Large Size, Medium Size, Small Size
By Application
Hospitals, Clinics, Others
By Companies
Johnson & Johnson, Gelita, Pfizer, Baxter, Ferrosan Medical Devices, B Braun, Equimedical, Johnson & Johnson
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Absorbable Hemostat Gelatin Sponge Market Report Segments:
The global Absorbable Hemostat Gelatin Sponge market is segmented on the basis of:
Types
Large Size, Medium Size, Small Size
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson & Johnson
- Gelita
- Pfizer
- Baxter
- Ferrosan Medical Devices
- B Braun
- Equimedical
- Johnson & Johnson
Highlights of The Absorbable Hemostat Gelatin Sponge Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Large Size
- Medium Size
- Small Size
- By Application:
- Hospitals
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Absorbable Hemostat Gelatin Sponge Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Absorbable hemostat gelatin sponge is a medical device used to temporarily stop bleeding. The sponge is made of absorbable hemostat gelatin, which quickly forms a gel that clots blood vessels and stops the flow of blood.
Some of the key players operating in the absorbable hemostat gelatin sponge market are Johnson & Johnson, Gelita, Pfizer, Baxter, Ferrosan Medical Devices, B Braun, Equimedical, Johnson & Johnson.
The absorbable hemostat gelatin sponge market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Absorbable Hemostat Gelatin Sponge Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Absorbable Hemostat Gelatin Sponge Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Absorbable Hemostat Gelatin Sponge Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Absorbable Hemostat Gelatin Sponge Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Absorbable Hemostat Gelatin Sponge Market Size & Forecast, 2018-2028
4.5.1 Absorbable Hemostat Gelatin Sponge Market Size and Y-o-Y Growth
4.5.2 Absorbable Hemostat Gelatin Sponge Market Absolute $ Opportunity
Chapter 5 Global Absorbable Hemostat Gelatin Sponge Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Absorbable Hemostat Gelatin Sponge Market Size Forecast by Type
5.2.1 Large Size
5.2.2 Medium Size
5.2.3 Small Size
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Absorbable Hemostat Gelatin Sponge Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Absorbable Hemostat Gelatin Sponge Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Absorbable Hemostat Gelatin Sponge Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Absorbable Hemostat Gelatin Sponge Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Absorbable Hemostat Gelatin Sponge Analysis and Forecast
9.1 Introduction
9.2 North America Absorbable Hemostat Gelatin Sponge Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Absorbable Hemostat Gelatin Sponge Market Size Forecast by Type
9.6.1 Large Size
9.6.2 Medium Size
9.6.3 Small Size
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Absorbable Hemostat Gelatin Sponge Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Absorbable Hemostat Gelatin Sponge Analysis and Forecast
10.1 Introduction
10.2 Europe Absorbable Hemostat Gelatin Sponge Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Absorbable Hemostat Gelatin Sponge Market Size Forecast by Type
10.6.1 Large Size
10.6.2 Medium Size
10.6.3 Small Size
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Absorbable Hemostat Gelatin Sponge Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Absorbable Hemostat Gelatin Sponge Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Absorbable Hemostat Gelatin Sponge Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Absorbable Hemostat Gelatin Sponge Market Size Forecast by Type
11.6.1 Large Size
11.6.2 Medium Size
11.6.3 Small Size
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Absorbable Hemostat Gelatin Sponge Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Absorbable Hemostat Gelatin Sponge Analysis and Forecast
12.1 Introduction
12.2 Latin America Absorbable Hemostat Gelatin Sponge Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Absorbable Hemostat Gelatin Sponge Market Size Forecast by Type
12.6.1 Large Size
12.6.2 Medium Size
12.6.3 Small Size
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Absorbable Hemostat Gelatin Sponge Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Absorbable Hemostat Gelatin Sponge Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Absorbable Hemostat Gelatin Sponge Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Absorbable Hemostat Gelatin Sponge Market Size Forecast by Type
13.6.1 Large Size
13.6.2 Medium Size
13.6.3 Small Size
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Absorbable Hemostat Gelatin Sponge Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Absorbable Hemostat Gelatin Sponge Market: Competitive Dashboard
14.2 Global Absorbable Hemostat Gelatin Sponge Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson & Johnson
14.3.2 Gelita
14.3.3 Pfizer
14.3.4 Baxter
14.3.5 Ferrosan Medical Devices
14.3.6 B Braun
14.3.7 Equimedical
14.3.8 Johnson & Johnson
