Thrombin Market Technological strategies, Size, Share, Industry Trends, Forecast Analysis by 2026

1
Thrombin Market Size, Share and Global Trend by
Product (Bovine Thrombin, Human Thrombin,
Recombinant Thrombin), By Dosage Form (Powder
Form, Solution Form), By End-user (Hospitals,
Diagnostics Centres Clinics, Academics and
Research Institutes), and Geography Forecast till
2026
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Published Date April 2019 Report Format PDF
Region Global Base Year 2018
2
Thrombin Market Size, Share and Global Trend by
Product (Bovine Thrombin, Human Thrombin,
Recombinant Thrombin), By Dosage Form (Powder
Form, Solution Form), By End-user (Hospitals,
Diagnostics Centres Clinics, Academics and
Research Institutes), and Geography Forecast till
2026
Report Highlights 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 was 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. 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.
3
Thrombin Market Size, Share and Global Trend by
Product (Bovine Thrombin, Human Thrombin,
Recombinant Thrombin), By Dosage Form (Powder
Form, Solution Form), By End-user (Hospitals,
Diagnostics Centres Clinics, Academics and
Research Institutes), and Geography Forecast till
2026
Widespread Applications of Thrombin to Boost
Global Market 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. Recothrom to Emerge as The Most
Widely Used Product Type As surgical blood loss
has been prioritized by surgeons and healthcare
professionals worldwide, there is an increasing
need for an efficient solution to minimize such
severe losses. Recothrom was initially
manufactured by a US-based company, ZymoGenetics.
After involvement from Bayer Healthcare,
Recothrom was later acquired by Baxter
International. The 2018 acquisition of Recothrom
by Baxter has proved fruitful to the overall
market. Browse Complete Report https//www.fort
unebusinessinsights.com/industry-reports/thrombin-
market-100170
4
Thrombin Market Size, Share and Global Trend by
Product (Bovine Thrombin, Human Thrombin,
Recombinant Thrombin), By Dosage Form (Powder
Form, Solution Form), By End-user (Hospitals,
Diagnostics Centres Clinics, Academics and
Research Institutes), and Geography Forecast till
2026
As of now, Recothrom is the only drug that has
been clinically approved for commercial use as a
recombinant thrombin brand. Furthermore,
Recothrom finds applications in cases where
standard surgical procedures such as suture or
cautery are ineffective. Top Players
Mentioned Besides Baxter, there have been
significant activities from other companies that
have contributed to the growth of the global
thrombin market. Attractive business strategies
of companies such as Pfizer have had a positive
impact on the overall market. Pfizer
Inc. Johnson Johnson Services
Inc. Baxter Shanghai RAAS blood products co.
Ltd. Japan Blood Products Organization Mochida
Pharmaceutical Co. Speak to Analyst https//www
.fortunebusinessinsights.com/enquiry/speak-to-anal
yst/dental-implants-market-100443
5
Thrombin Market Size, Share and Global Trend by
Product (Bovine Thrombin, Human Thrombin,
Recombinant Thrombin), By Dosage Form (Powder
Form, Solution Form), By End-user (Hospitals,
Diagnostics Centres Clinics, Academics and
Research Institutes), and Geography Forecast till
2026
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