Gelatin Sponge Market, By Origin (Porcine, Bovine), By Application (Minimally Invasive Surgery, General Surgery, Neuro Surgery, Cardiovascular Surgery, Orthopedic Surgery, Others (ENT, Surgery, etc.)), By End User (Hospitals, Specialty Clinics, Others (Am

Gelatin Sponge Market, By Origin (Porcine, Bovine), By Application (Minimally Invasive Surgery, General Surgery, Neuro Surgery, Cardiovascular Surgery, Orthopedic Surgery, Others (ENT, Surgery, etc.)), By End User (Hospitals, Specialty Clinics, Others (Ambulatory Surgical Centers, etc.)), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Gelatin Sponge Market, By Origin (Porcine, Bovine), By Application (Minimally Invasive Surgery, General Surgery, Neuro Surgery, Cardiovascular Surgery, Orthopedic Surgery, Others (ENT, Surgery, etc.)), By End User (Hospitals, Specialty Clinics, Others (Ambulatory Surgical Centers, etc.)), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Gelatin sponge are generally small, sterile, and surgical sponges that are used in surgical procedures, as a hemostatic device. Each gelatin sponge is capable of absorbing and holding blood, according to its mesh size. Gelatin sponges are manufactured using specially treated and purified gelatin solution. Gelatin sponge marketed products are sterile and are intended for single use, as reuse can result in the transmission of human immunodeficiency virus (HIV) and hepatitis, which can endanger patients and health care providers.

Bleeding in patients with platelet disorders can often be treated by conservative means including local compression, gelatin sponge, local hemostatic agents (e.g., topical thrombin or fibrin glue), hormonal manipulation (e.g., birth control pills), and antifibrinolytics (e.g., tranexamic or epsilon aminocaproic acid). Gelatin sponge is an absorbable medical dressing applied to the bleeding surface in order to provide hemostasis. This dressing is an off-white, water-insoluble, non-elastic, flexible material obtained from pig skin or cowhide. Gelatin sponge is capable of absorbing large amounts of blood and other fluids.

Market Dynamics

Gelatin sponge is an absorbable medical dressing applied to the bleeding surface in order to provide hemostasis, and is thus used in various types of surgeries such as neurological surgeries. The rising incidence of neurological disorders, such as Alzheimer’s disease and Parkinson’s disease, are leading to the rising number of neurological surgeries, which is expected to drive the global gelatin sponge market growth during the forecast period. For instance, according to data provided by the World Health Organization (WHO), in May 2020, around 50 million people were suffering from Alzheimer's disease, globally and there are around 10 million new cases every year, worldwide.

Key features of the study:

• This report provides an in-depth analysis of the global gelatin sponge market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global gelatin sponge market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• They key companies covered as a part of this study include Pfizer Inc., B. Braun Medical Inc., GELITA MEDICAL, Ferrosan Medical Devices A/S, Equimedical B.V., Insta-Cure Pvt. Ltd., CuraMedical B.V., Aegis Lifesciences Pvt. Ltd., Angel Lifesciences Pvt. Ltd., EON Meditech Pvt. Ltd., Goodwill Lifesciences, Mil Laboratories Pvt. Ltd, Eucare Pharmaceuticals (P) Ltd., Baxter, Medzeel Lifescience, Cura Medical, and Healthium Medtech
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global gelatin sponge market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global gelatin sponge market

Gelatin Sponge Market Detailed Segmentation:

• By Origin:
• Porcine
• Bovine
• By Application:
• Minimally Invasive Surgery
• General Surgery
• Neuro Surgery
• Cardiovascular Surgery
• Orthopedic Surgery
• Others
• By End User:
• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers
• Others
• By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
• Company Profiles
• Pfizer Inc.
• Braun Medical Inc.
• GELITA MEDICAL
• Ferrosan Medical Devices A/S
• Equimedical B.V.
• Insta-Cure Pvt. Ltd.
• CuraMedical B.V.
• Aegis Lifesciences Pvt. Ltd.
• Angel Lifesciences Pvt. Ltd.
• EON Meditech Pvt. Ltd.
• Goodwill Lifesciences
• Mil Laboratories Pvt. Ltd
• Eucare Pharmaceuticals (P) Ltd.
• Baxter
• Medzeel Lifescience.
• Cura Medical
• Healthium Medtech