Wound care management involves dressings, equipment, and other aids, such as bandages, gels, and ostomy drainage bags, designed to prevent and treat wounds, as well as to promote or accelerate wound healing. Topical Absorbable Hemostats are agents used to promote and accelerate hemostasis to control bleeding in cases where application of pressure, ligature, and other conventional methods are ineffective. GlobalData uses proprietary data and analytics to provide a comprehensive report on the topical absorbable hemostats devices market, including market shares of different players within Canada. Buy the latest report here.

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Data Insights Canada Topical Absorbable Hemostats Market Share

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In 2023, GlobalData’s Market Model methodology determined that the leading player in the topical absorbable hemostats market in Canada was Ethicon followed by Teleflex, B. Braun Melsungen, CR Bard, Gelita Medical, Meril Life Sciences, Pfizer and Medtronic.

Topical Absorbable Hemostats are inserted to remove excess blood, thereby preventing further bleeding and clearing up the operating site for the surgeon. Topical Absorbable Hemostats products are often plant or gelatin based and act as mechanical barriers and/or help with vasoconstriction and serve as a platform for platelet aggregation to slow the flow of blood and give the patient’s body time to form a clot. Flowable Hemostats or Fibrin Sealants are tracked under the Tissue Sealants and Adhesives market. Hemostats include Active Hemostats (thrombin-based hemostats), and Combination and Passive Hemostats (oxidized regenerated cellulose-based hemostats, gelatin-based hemostats, polysaccharide-based hemostats, collagen-based hemostats). Oxidized regenerated cellulose-based hemostats are poly anions that contain polyanhydroglucuronic acid as a functional unit to aid in the platelet adhesion and aggregation process resulting in coagulation. Gelatin is a protein developed by denaturing the collagen and polymerizing with nitrogen to produce a porous scaffold. Polysaccharide based hemostats are purified plant derived starch. Collagen is a protein derived from animal source.

The value of the topical absorbable hemostats devices market within Canada was expected to be over $4m in 2023.

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The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. Pipeline Products database is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.