logo
logo
Sign in

Thrombin Market 2019 Growth Analysis, Global Trend, Segmentation and Forecast till 2025

avatar
Avani Sable
Thrombin Market 2019 Growth Analysis, Global Trend, Segmentation and Forecast till 2025

The Global Thrombin Market is supported by the rising rate of thrombosis among individuals, all around. The fatal nature of thrombosis and use of thrombin to trump thrombosis is emphasized in Fortune Business Insights’ latest report, titled “Thrombin Market: Global Analysis, Insights and Forecasts, 2019-2026.”

In the report, Fortune Business Insights has briefed that an increasing emphasis on clinical trials of thrombin has boosted the global market, and it is estimated to expand at a CAGR of 4.1%. As of 2018, The Global Thrombin Market has valued at US$ 535.0 Mn, and the forecasted CAGR means that this market will be valued at around US$ 738.7 Mn by the end of 2025.

Get Sample PDF Brochure@ https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/thrombin-market-100170

Some of the Main Key Players Covered in the Report:

 

  • Pfizer Inc.
  • Johnson & Johnson Services Inc.
  • Baxter
  • Shanghai RAAS blood products co. Ltd.
  • Japan Blood Products Organization
  • Mochida Pharmaceutical Co.

Widespread Applications of Thrombin to Boost Global Market

The extent of blood losses in hemodialysis can lead to various disorders and may also prove fatal in some cases. Thus, bovine-derived thrombin is given huge emphasis and healthcare professionals have prioritized thrombin for treating hemorrhages. The thrombin market is therefore forecast to witness a high demand for bovine-derive thrombin in the coming years.

Thrombin has come a long way from its conventional use to stop bleeding in small cuts on body parts. Now, thrombin plays a major role in most of the surgeries, worldwide. The clinical efficiency of thrombin has led to its widespread use in the healthcare industry, a key factor enabling growth in the global thrombin market. Thrombin is vastly effective in facilitating surgical hemostasis. Over the years, human thrombin was replaced with bovine thrombin, due to its increased efficiency in surgical procedures.

Pfizer’s has emerged as the leading company, backed by high clinical efficiency of its product ‘Thrombin JMI’. Some other companies that are operating in the global thrombin market are Johnson & Johnson Services Inc., Shanghai RAAS Blood Products Co. Ltd., Japan Blood Products Organization, and Mochida Pharmaceutical Co.

More Trending Topics From Fortune Business Insights@

Coronavirus: Assessing the Economic Impact of the Pandemic

Medical Lasers Market: Growth Opportunities Created by Covid19 Outbreak

Point of Care Diagnostics Market: How will the Disruptions Created by Covid19 Affect the market?

Psoriasis Treatment Market: How will the Disruptions Created by Covid19 Affect the market?

collect
0
avatar
Avani Sable
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more