Press release
Fibrin Sealants Market is Projected to Reach US$ 1.92 Billion at a CAGR of 7% by 2033
Fibrin Sealants Market
A fibrin sealant patch is a two-component hemostatic patch made of flexible collagen or cellulose and implanted with fibrinogen and thrombin derived from human plasma. These patches deliver both human fibrinogen and thrombin to the bleeding site, making them effective for hemostasis without relying on the patient's blood having sufficient amounts of fibrinogen.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8182
Key Companies Profiled
Adhesys Medical GmbH
Baxter
Covidien Inc.
CSL Behring
Ethicon
Johnson & Johnson Services, Inc.
Mallinckrodt Pharmaceuticals
Stryker
Takeda Pharmaceutical
Vivostat A/S
Country-wise Analysis
The U.S. currently holds a dominant position in the North American fibrin sealants market due to its advanced healthcare infrastructure, widespread usage of cutting-edge automated analyzers, and a large target patient base.
In 2018, Sysmex Corporation introduced the Automated Blood Coagulation Analyzers CN-6000 and CN-3000, next-generation analyzers in the hemostasis field. Technological advancements have increased accessibility to healthcare services, and the entry of new manufacturers is likely to fuel sales growth in the coming years. The rising prevalence of blood clot-related disorders is also driving demand for fibrin sealants.
According to the U.S. Centers for Disease Control and Prevention (CDC), hemophilia affects one in every 5,617 live male births, with between 30,000 and 33,000 males in the U.S. being hemophilic. Additionally, a person in the United States dies from cardiovascular disease every 34 seconds. These factors are increasing the demand for fibrin sealants in the U.S.
Category-wise Analysis
Throughout the projected period, hospitals are anticipated to hold a significant share of the market. The increasing number of coronary artery bypass grafting and other cardiovascular surgeries performed in hospitals, driven by the presence of advanced healthcare facilities and improved technologies, is expected to boost demand for fibrin sealants.
According to a Yale Medicine article, about 900,000 percutaneous coronary interventions (PCIs) are carried out annually in the U.S. Additionally, there is a steady shift in patient preference from inpatient to outpatient visits, which is predicted to provide specialty clinics with significant growth opportunities during the forecast period.
Read More: https://www.factmr.com/report/fibrin-sealants-market
Competitive Landscape
The fibrin sealants market is highly concentrated, with a few significant competitors controlling the majority of the market share. Baxter and Ethicon (a division of Johnson & Johnson Services, Inc.) are the leading players, with Baxter holding the dominant position in terms of revenue.
Baxter's strong brand recognition, stable client base, global presence, and reliable distribution network contribute to its market leadership. Ethicon is expected to increase its market share over the forecast period due to ongoing product introductions, strategic partnerships, and a focus on market penetration in emerging regions.
For example, Baxter recently presented Tisseel fibrin sealant hemostatic agents with design improvements at the AORN symposium.
Additionally, in May 2019, J&J's Ethicon acquired Takeda's TachoSil Surgical Patch for US$ 400 million, further strengthening its market position.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8182
Key Segments of Fibrin Sealants Industry Research
By Type :
Liquid
Patches
By Application :
Cardiovascular Surgeries
Orthopedic Surgeries
General Surgeries
Transplant Surgeries
Wound Management
Thoracic Surgeries
Neurosurgeries
Dental Surgeries
Urological Surgeries
Ophthalmic Surgeries
By Technology :
Viral Inactivation
Autologous Donation
Recombinant Production
By End User :
Hospitals
Specialty Clinics
Ambulatory Surgical Centres
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
๐๐จ๐ง๐ญ๐๐๐ญ:
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๐๐๐จ๐ฎ๐ญ ๐ ๐๐๐ญ.๐๐
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