Press release
Fibrin Sealants Market Size Forecasted To Achieve $1.6 Billion By 2029 With Steady Growth
Fibrin Sealants Market Size
What Is the Fibrin Sealants Market Size and Projected Growth Rate?
The fibrin sealants market size has grown from $1.08 billion in 2024 to $1.17 billion in 2025, with a CAGR of 8.4%. The growth in the historic period can be attributed to the growth in medical tourism, healare infrastructure, rise in elective surgical procedures, increasing prevalence of chronic diseases, and the rise in demand for rapid hemostasis solutions.
The fibrin sealants market size is projected to reach $1.61 billion in 2029, with a CAGR of 8.1%. Growth is attributed to the increasing number of cosmetic surgeries, rising geriatric population, higher CABG rates, blood-related disorders, and dental surgeries. Trends include technological advancements, hemostatic technologies, personalized medicine, digital health, and robotic-assisted surgeries.
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What Are the Major Segments in the Fibrin Sealants Market?
The fibrin sealantsmarket covered in this report is segmented -
1) By Type: Liquid, Patch, Powder
2) By Technology: Autologous Donation, Viral Inactivation, Recombinant Production, Other Technologies
3) By Application: General Surgery, Cardiovascular Surgery, Wound Management, Orthopedic Surgery, Urological Surgeries, Ophthalmic Surgeries, Transplant Surgery, Other Applications
4) By End-User: Hospitals, Ambulatory Surgical Centers, Other End-Users
Subsegments:
1) By Liquid: Bovine-Derived Liquid Sealants, Human-Derived Liquid Sealants, Synthetic Liquid Sealants, Recombinant Fibrin Sealants
2) By Patch: Bovine-Derived Fibrin Patches, Human-Derived Fibrin Patches, Synthetic Fibrin Patches, Bioabsorbable Fibrin Patches
3) By Powder: Bovine-Derived Fibrin Powder, Human-Derived Fibrin Powder, Synthetic Fibrin Powder, Recombinant Fibrin Powder
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What Are The Driving Fibrin Sealants Market Evolution?
The growing frequency of cosmetic surgeries is projected to drive the fibrin sealants market. These procedures are becoming more popular due to societal beauty standards, improvements in techniques, and easier access to minimally invasive options. Fibrin sealants are beneficial in cosmetic procedures as they enhance healing, control bleeding, and reduce scarring. For instance, in September 2023, CosmetAssure noted that liposuction was the most performed plastic surgery in 2023, with 347,782 cases, a 7% rise from 2022, while tummy tucks increased by 5% with 170,110 procedures. Consequently, the increase in cosmetic surgeries supports the fibrin sealants market.
Which Firms Dominate The Fibrin Sealants Market Segments?
Major companies operating in the fibrin sealants market are Johnson & Johnson, Takeda Pharmaceutical Company Limited, Asahi Kasei Medical Co. Ltd., Baxter International Inc., CSL Behring, Grifols S.A., Sigma-Aldrich, Nordson Corporation, Integra LifeSciences Corporation, Shanghai RAAS Blood Products Co. Ltd., Mallinckrodt Pharmaceuticals, Biotest AG, LFB Group, Hualan Biological Engineering Inc., Corza Medical, Aesculap Inc., Ethicon Inc., CryoLife Inc., VIVEX Biologics Inc., MediWound Ltd., Cohesion Technologies Inc.
What Are the Major Trends Shaping the Fibrin Sealants Market?
In the fibrin sealants market, companies are developing hemostatic agents to quickly stop bleeding on contact. These agents promote blood clotting to prevent or control bleeding during medical procedures. In February 2022, Swasth Kare launched SeraSeal, a fibrin sealant designed to stop bleeding rapidly, even in cases of arterial hemorrhages. Its translucent nature allows for better visualization of the bleeding site during surgery.
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Which Is The Largest Region In The Fibrin Sealants Market?
North America was the largest region in the fibrin sealants market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fibrin sealants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Fibrin Sealants Market?
2. What is the CAGR expected in the Fibrin Sealants Market?
3. What Are the Key Innovations Transforming the Fibrin Sealants Industry?
4. Which Region Is Leading the Fibrin Sealants Market?
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