Gelatin Sponge Market Size and Trends

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)

Published In : Oct 2023

Code : CMI4260

Pages :170

Formats :

Excel and PDF

Industry : Medical Devices

Gelatin Sponge MarketSize and Trends

The Global Gelatin Sponge Market is estimated to be valued at US$ 235.9 million in 2023 and is expected to exhibit a CAGR of 6.4% during the forecast period (2023-2030).

Figure 1. Global Gelatin Sponge Market Share (%), By Origin, 2023

Global Gelatin Sponge Market– Drivers

Increasing number of surgical procedures: The rising number of surgical procedures is expected to drive the growth of the gelatin sponge market over the forecast period. For instance, according to data provided by the World Cancer Research Fund International, in March 2022, there were an estimated 18.1 million cancer cases around the world in 2020. Of these, 9.3 million cases were in men and 8.8 million in women. Breast and lung cancers were the most common cancers worldwide, contributing 12.5% and 12.2% of the total number of new cases diagnosed in 2020.

Figure 2. Global Gelatin Sponge Market Share (%), By Region, 2023

Market Size in 2023: US$ 235.9 Mn

Forecast Period: 2023 to 2030

Forecast Period 2023 to 2030 CAGR: 6.4%

2030 Value Projection: US$ 364.2 Mn

Market- Trends

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