How big is the Thrombin Market
According to 6Wresearch internal database and industry insights, the
Global Thrombin Market was valued at USD 0.5 Billion in 2024 and is expected to reach USD 0.8 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The primary drivers of growth in the Thrombin Market are the rising incidence of surgeries, increased demand for haemostatic agents, advancements in thrombin formulations, and expanding use in minimally invasive surgeries across a variety of healthcare applications.
Growth Factors for Thrombin Industry
- A rising number of surgical interventions is driving demand for effective haemostatic products
- Increased utilisation of thrombin for wound management and trauma care
- Progress in recombinant and plasma-derived thrombin formulations
- Growing applications in minimally invasive surgery and orthopaedic procedures
- Enhanced awareness among healthcare providers of advanced surgical haemostats
Thrombin Market Trends
Trends in the thrombin market indicate an upward usage in surgical and trauma settings due to its effectiveness in bleeding control. Recombinant thrombin is increasingly becoming a popular choice for its safer profile compared to plasma-derived thrombin. Market participants are working through next-generation delivery systems and simplified designs to provide a wider selection of products for customers. Increased healthcare spending and focus on exact surgical care are also contributing to the growing use of thrombin across various medical specialties.
Emerging Developments in the Thrombin Market
Thrombin market developments include advancements in biotechnology that facilitate better recombinant products with a lower risk of immunogenicity. Companies are investing money into innovative packaging and pre-filled applicators to maximize efficiency for surgeons. Expanding into wound management and chronic care is broadening the scope of thrombin use. Finally, collaborations between pharmaceutical organizations and healthcare systems are supporting better access and consistent availability of thrombin in practice.
List of Leading Companies in the Thrombin Market
Some of the leading companies include:
- Johnson & Johnson (Ethicon)
- Pfizer Inc.
- Baxter International Inc.
- Mallinckrodt Pharmaceuticals
- Octapharma AG
- Takeda Pharmaceutical Company Limited
- Hemarus Therapeutics Ltd.
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