The growth in the forecast period can be attributed to growing adoption of minimally invasive surgeries, rising demand for recombinant thrombin, rising prevalence of cardiovascular, expanding healthcare access in emerging markets, and increased need for hemostatic drugs. Major trends in the forecast period include advancements in hemostatic agent technologies, minimally invasive surgical techniques, advancements in recombinant technology, innovations in drug delivery systems, and advancements in hemostatic biomaterials.
The growing incidence of bleeding disorders is expected to drive the growth of the Thrombin-JMI and Thrombocoll market in the coming years. Bleeding disorders refer to conditions where the blood does not clot properly, leading to excessive or abnormal blood loss, either internally or externally, due to injuries or medical conditions. Factors such as an aging population and increased use of anticoagulants are contributing to a higher risk of bleeding complications. Thrombin-JMI and Thrombocoll are vital in managing these bleeding issues by promoting clot formation. Thrombin-JMI activates the clotting cascade, while Thrombocoll enhances platelet aggregation and fibrin formation at the wound site. For example, in October 2023, the World Federation of Hemophilia reported that in 2022, approximately 427,685 individuals worldwide were diagnosed with bleeding disorders. This includes 257,146 cases of hemophilia, which further illustrates the growing prevalence of bleeding conditions, fueling the demand for products such as Thrombin-JMI and Thrombocoll.
The rising number of surgical procedures is another factor expected to propel the growth of the Thrombin-JMI and Thrombocoll market. Surgical procedures, which involve medical operations to treat diseases or injuries, often require interventions such as incisions or other invasive methods. The increase in surgeries can be attributed to an aging population in need of medical care, as well as advancements in minimally invasive techniques that offer safer outcomes and quicker recovery times. Thrombin-JMI and Thrombocoll are commonly used in these surgeries to control bleeding. Thrombin-JMI activates fibrinogen to assist in clot formation, while Thrombocoll provides a collagen scaffold to stimulate platelet aggregation. According to the International Society of Aesthetic Plastic Surgery, in 2022, plastic surgeons performed 11.2% more procedures compared to the previous year, totaling over 14.9 million surgical and 18.8 million non-surgical procedures globally. This surge in surgical interventions directly contributes to the growing demand for hemostatic agents such as Thrombin-JMI and Thrombocoll.
The expanding aging population is also expected to drive the growth of the Thrombin-JMI and Thrombocoll market. As life expectancy increases and birth rates decline, the proportion of elderly individuals in the population is steadily growing. Advances in healthcare have contributed to longer life spans, resulting in a higher proportion of elderly people who are more prone to slower wound healing and increased bleeding risks due to age-related conditions. Thrombin-JMI and Thrombocoll play a crucial role in managing these challenges by promoting clotting and controlling bleeding. For instance, according to the U.S. Census Bureau, the number of people aged 65 and older in the U.S. is expected to grow by 47%, from 58 million in 2022 to 82 million by 2050. As this demographic grows, the need for products that help manage bleeding complications in older adults will increase, thereby driving market growth for Thrombin-JMI and Thrombocoll.
The key company operating in the thrombin-jmi, thrombocoll market is Pfizer Inc.
North America was the largest region in the thrombin-jmi, thrombocoll market in 2024. The regions covered in thrombin-jmi, thrombocoll report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the thrombin-jmi, thrombocoll market report are Australia, India, China, South Korea, Japan, UK, France, Germany, USA, Canada.
Thrombin-JMI and Thrombocoll are medical products designed to manage bleeding during surgical procedures. Thrombin-JMI is a human thrombin-based hemostatic agent that helps control bleeding by promoting clot formation during surgery. Thrombocoll, a collagen-based hemostatic product, aids in stopping bleeding by facilitating platelet aggregation and clot formation during surgeries or invasive procedures. Both products are commonly used in clinical settings to prevent or manage excessive bleeding during surgeries.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The primary indications for Thrombin-JMI and Thrombocoll include surgical procedures and trauma management. Surgical procedures refer to medical operations performed by skilled surgeons to treat or manage diseases, injuries, or conditions, often involving incisions or modifications to the body. These products are available in both solution and powder formulations, and are used by various end users, including hospitals, diagnostic centers, and clinics.
The thrombin-jmi, thrombocoll market consists of sales of hemostatic kits, reconstitution kits, coseal, floseal hemostatic matrix, and tachoSil. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Thrombin-Jmi, Thrombocoll Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on thrombin-jmi, thrombocoll market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for thrombin-jmi, thrombocoll ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The thrombin-jmi, thrombocoll market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Indication: Surgical Procedures; Trauma Management2) By Formulation: Solution Form; Powder Form
3) By End User: Hospitals; Diagnostic Centers And Clinics
Key Companies Profiled: Pfizer Inc
Countries: Australia, India, China, South Korea, Japan, UK, France, Germany, USA, Canada
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Pfizer Inc