About Thrombin
Thrombin is a serine protease, an enzyme that, in humans, is encoded by the F2 gene. Thrombin is available in many forms as a hemostatic agent and has been purified from numerous sources and classified according to the plasma used to create it. Thrombin has high growth prospects owing to the rising prevalence of blood clotting disorders and increasing surgical activities.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Thrombin market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Pfizer (United States), Johnson & Johnson Servicess, Inc. (United States), Octapharma AG (Switzerland), Baxter International Inc. (United States), Bayer AG (Germany), CSL Limited (Australia), Grifols, S.A. (Spain), GE Healthcare (United States) and Hualan Biological (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Thrombin market by Type (Bovine Thrombin, Human Thrombin and Recombinant Thrombin) and Region.
On the basis of geography, the market of Thrombin has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Dosage Form, the sub-segment i.e. Powder Form will boost the Thrombin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Thrombin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Adoption of Smoking increasing the Prevalence of Thrombosis
Market Growth Drivers:
Growing Prevalence of Blood Clotting Disorders and Growth in the Use of Thrombin due to Adoption of Hemostats in Excessive Bleeding during Surgical Procedure
Challenges:
Ineffective in Patients who Suffer from Afibrinogenemia
Restraints:
Starigent Govermanebt Regulation
Opportunities:
Increasing Surgical Procedure due to Increasing Number of Diseases Worldwide and Growth and Advancement in Technology in the Healthcare Industry in Developing Countries
Market Leaders and their expansionary development strategies
In July 2019, Pfizer Inc. announced the successful completion of its acquisition of Array BioPharma Inc., advancing breakthrough science for the discovery, development, and commercialization of targeted small molecule medicines to treat cancer and other diseases of high unmet need.
In Dec 2018, Baxter International Inc.announced the introduction of the Disposable Curved Applicator, which enhances the delivery experience of its Floseal Hemostatic Matrix product line for procedures in the otolaryngology, head, and neck surgical specialty. Floseal Matrix contains Thrombin made from human plasma.
Key Target Audience
Thrombin Suppliers/Distributors, Potential Investors, Healthcare Industry and Research and Development Organisation
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.