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Fibrin Sealants Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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Tissue sealing and hemostasis are some of the devices used to control the blood flow in such cases. Fibrin, a combination of thrombin, which is an enzyme and fibrinogen, which is a protein.
Fibrin Sealants Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2026
It is very critical to control blood flow while conducting any type of surgery. Tissue
sealing and hemostasis are some of the devices used to control the blood flow in
such cases. Fibrin, a combination of thrombin, which is an enzyme and fibrinogen,
which is a protein. It is the only FDA-approved and commercially available material
that is used for clinical procedures as a sealant, hemostat and adhesive. The U.S
approved the usage of fibrin in 1998 which made it a first modern hemostatic agent
to be used in the country. Not only in the U.S, fibrin sealants are also being adopted
worldwide. The application of Fibrin sealant can be undertaken in two ways, either in
a liquid form or as a patch. However, it is cumbersome to use liquid fibrin as it
presents a challenge during its preparatory steps of mixing, thawing, etc. Thus, it is
far more convenient to use patches as a hemostatic agent. Some of the widely used
hemostatic products based on fibrin sealant present in the market are Tisseel and
TachoSil of Baxter Healthcare, Vitagel and of Orthvita Inc. and Johnson and Johnson’
Evicel and Evarrest. Considering the rapid growth in the patient pool suffering from
various chronic diseases across the world, the number of surgical procedures is likely
to increase which will propel the fibrin sealant market in the future. But there is
anxiety among the market players due to the strict and inconsistent regulatory
policies across the globe. Such policies result in a restraint on the fibrin sealants
market. A large number of pending needs of the population that is undiagnosed is
likely to help push forward the fibrin sealants market. Some of the drivers of the
fibrin sealants market are a vast number of patients suffering from blood-related
problems like haemophilia, an increase in the number of people requiring geriatrics
expertise, increase in the number of surgical procedures and trauma cases, and
product portfolio expansion.
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Insights On the Global Fibrin Sealant Market:
By region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Due to a higher number of surgeries carried out in the North American and Europe
region, they are expected to lead in the global fibrin sealant market. According to the
released data from the Centres for Disease Control and Prevention (CDC), 1 in every
5000 male births are identified with haemophilia. Another blood disorder which
occurs commonly and affects 1% of the entire U.S population is Von Wilebrand
Disease (VWD). The Asia Pacific region is expected to see a rise in the fibrin sealants
market during the forecast period and countries like India and China are going to play
a major role in the market growth of the region.
By Type of Product
• Liquid form
• Patch
As the liquid form has some disadvantages related to its preparation, its utilization in
the surgical procedures is also hampered which in turn affects market growth for this
segment. On the other hand, patches are more convenient to use and thus it is
adopted worldwide which results in good market growth.
By End User
• Hospitals
• Speciality clinics
• Ambulatory surgical centres
The hospital segment is expected to possess a larger share of the fibrin sealant
market as compared to speciality clinics and ambulatory surgical centres.
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Competitive Landscape:
• Baxter International
• CSL Behring
• Johnson & Johnson Services, Inc.
Baxter International’s Tisseel has been used in Europe for more than 25 years and
over 9.5 million surgical procedures like cardiac surgery, colon anastomosis surgery
and splenic trauma and is thus expected to be used more in the forecast period.
Johnson and Johnson’s Evicel is a U.S FDA-approved hemostatic agent that is used in
liver surgery. Another J&J product, Evarrest, which was approved by FDA in
December 2012, is also been used widely during surgery and is expected to show a
rise of usage in the forecast period.
FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global fibrin sealants market by
region, by type of product, by end user, by market players
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East & Africa
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Table of Contents
1.1. Introduction
1.1.1.1. Scope and Objective
1.1.1.2. Assumptions and Acronyms
1.1.1.3. Forecast Factors
1.1.1.4. Research Methodology
1.2. Executive Summary
1.2.1.1. Industry Cluster Analysis
1.2.1.2. Competition Matrix
1.2.1.3. Strategies Recommendations
1.3. Market Definition
1.3.1.1. Report Scope (Inclusions & Exclusions)
1.3.1.2. Market Segmentation
1.4. Global Fibrin Sealant Market Overview
1.4.1.1. Global Fibrin Sealant Market Revenue (USD Mn)
1.5. Key Inclusions
1.5.1.1. Porter’s Five Force analysis
1.5.1.2. Market Dynamics
1.5.1.3. Industry Trends
1.5.1.4. Regulatory Guidelines
1.5.1.5. Opportunities in Fibrin Sealant
1.6. Competition Dynamics
1.6.1.1. Company Share Analysis (2018)
1.6.1.2. Top 10 Product Pricing by Region
1.7. Global Fibrin Sealant Market Revenue (USD Mn), 2018-2026 by Product
Type
1.7.1.1. Key Market Findings
1.7.1.2. Long Term ROI Segments
1.7.1.3. Revenue Opportunity Influencing Factors
1.7.1.4. Market Revenue (USD Mn) Assessment and Forecast by Product
Type, 2018-2026
1.7.1.4.1.1.
Natural Sealant
1.7.1.4.1.2.
Synthetic Sealant
1.8. Global Fibrin Sealant Market Revenue (USD Mn), 2018-2026 by End User
1.8.1.1. Key Market Findings
1.8.1.2. Long Term ROI Segments
1.8.1.3. Revenue Opportunity Influencing Factors
1.8.1.4. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.8.1.4.1.1.
Hospitals
1.8.1.4.1.2.
Clinics
1.8.1.4.1.3.
Outpatient Centres
1.9. Global Fibrin Sealant Market Revenue (USD Mn), 2018-2026 by Region
1.9.1.1. Key Market Findings
1.9.1.2. Long Term ROI Segments
1.9.1.3. Revenue Opportunity Influencing Factors
1.9.1.4. Market Revenue (USD Mn) Assessment and Forecast by
Region,2026
1.9.1.4.1.1.
North America
1.9.1.4.1.2.
Latin America
1.9.1.4.1.3.
Europe
1.9.1.4.1.4.
Asia Pacific
1.9.1.4.1.5.
Rest of world
1.10.
North America Fibrin Sealant Market Revenue (US$ Mn), 2018-2026
1.10.1.1. Key Market Findings
1.10.1.2. Long Term ROI Segments
1.10.1.3. Revenue Opportunity Influencing Factors
1.10.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
1.10.1.4.1.1.
US
1.10.1.4.1.2.
Canada
1.10.1.5. Market Revenue (USD Mn) Assessment and Forecast by Product
Type, 2018-2026
1.10.1.5.1.1.
Natural Sealant
1.10.1.5.1.2.
Synthetic Sealant
1.10.1.6. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.10.1.6.1.1.
Hospitals
1.10.1.6.1.2.
Clinics
1.10.1.6.1.3.
Outpatient Centres
1.11.
Latin America Fibrin Sealant Market Revenue (US$ Mn), 2018-2026
1.11.1.1. Key Market Findings
1.11.1.2. Long Term ROI Segments
1.11.1.3. Revenue Opportunity Influencing Factors
1.11.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
1.11.1.4.1.1.
Brazil
1.11.1.4.1.2.
Mexico
1.11.1.4.1.3.
Argentina
1.11.1.4.1.4.
Rest of Latin America
1.11.1.5. Market Revenue (USD Mn) Assessment and Forecast by Product
Type, 2018-2026
1.11.1.5.1.1.
Natural Sealant
1.11.1.5.1.2.
Synthetic Sealant
1.11.1.6. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.11.1.6.1.1.
Hospitals
1.11.1.6.1.2.
Clinics
1.11.1.6.1.3.
Outpatient Centres
1.12.
Europe America Fibrin Sealant Market Revenue (US$ Mn), 2018-2026
1.12.1.1. Key Market Findings
1.12.1.2. Long Term ROI Segments
1.12.1.3. Revenue Opportunity Influencing Factors
1.12.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
1.12.1.4.1.1.
Germany
1.12.1.4.1.2.
France
1.12.1.4.1.3.
Spain
1.12.1.4.1.4.
UK
1.12.1.4.1.5.
Russia
1.12.1.4.1.6.
Poland
1.12.1.4.1.7.
Rest of Europe
1.12.1.5. Market Revenue (USD Mn) Assessment and Forecast by Product
Type, 2018-2026
1.12.1.5.1.1.
Natural Sealant
1.12.1.5.1.2.
Synthetic Sealant
1.12.1.6. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.12.1.6.1.1.1.
Hospitals
1.12.1.6.1.1.2.
Clinics
1.12.1.6.1.1.3.
Outpatient Centres
1.13.
Asia Pacific America Fibrin Sealant Market Revenue (US$ Mn), 20182026
1.13.1.1. Key Market Findings
1.13.1.2. Long Term ROI Segments
1.13.1.3. Revenue Opportunity Influencing Factors
1.13.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
1.13.1.4.1.1.
Emerging Asia
1.13.1.4.1.1.1.1. China
1.13.1.4.1.1.1.2. India
1.13.1.4.1.1.1.3. ASEAN-5
1.13.1.4.1.1.1.4. Rest of Emerging Asia
1.13.1.4.1.2.
Japan
1.13.1.5. Market Revenue (USD Mn) Assessment and Forecast by Product
Type, 2018-2026
1.13.1.5.1.1.
Natural Sealant
1.13.1.5.1.2.
Synthetic Sealant
1.13.1.6. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.13.1.6.1.1.
Hospitals
1.13.1.6.1.2.
Clinics
1.13.1.6.1.3.
Outpatient Centres
1.14.
Rest of World America Fibrin Sealant Market Revenue (US$ Mn),
2018-2026
1.14.1.1. Key Market Findings
1.14.1.2. Long Term ROI Segments
1.14.1.3. Revenue Opportunity Influencing Factors
1.14.1.4. Market Revenue (USD Mn) Assessment and Forecast by Country,
2018-2026
1.14.1.4.1.1.
Middle East
1.14.1.4.1.2.
South Africa
1.14.1.4.1.3.
North Africa
1.14.1.4.1.4.
Rest of World
1.14.1.5. Market Revenue (USD Mn) Assessment and Forecast by Product
Type, 2018-2026
1.14.1.5.1.1.
Natural Sealant
1.14.1.5.1.2.
Synthetic Sealant
1.14.1.6. Market Revenue (USD Mn) Assessment and Forecast by End
User, 2018-2026
1.14.1.6.1.1.
Hospitals
1.14.1.6.1.2.
Clinics
1.14.1.6.1.3.
Outpatient Centres
1.15.
Company Profiles
1.15.1.1. Competition Landscape
1.15.1.2. Global Company Share (USD Mn) Overview, 2018
1.15.1.3. Company Profiles
1.15.1.3.1.1.
Covidien Inc.
1.15.1.3.1.1.1.1. Corporate Overview
1.16.
1.15.1.3.1.1.1.2. Financial Performance
1.15.1.3.1.1.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.1.1.4. Company Strategy & Channel Management
1.15.1.3.1.2.
Baxter Healthcare Corporation, Inc.
1.15.1.3.1.2.1.1. Corporate Overview
1.15.1.3.1.2.1.2. Financial Performance
1.15.1.3.1.2.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.2.1.4. Company Strategy & Channel Management
1.15.1.3.1.3.
Ethicon Inc.
1.15.1.3.1.3.1.1. Corporate Overview
1.15.1.3.1.3.1.2. Financial Performance
1.15.1.3.1.3.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.3.1.4. Company Strategy & Channel Management
1.15.1.3.1.4.
Mallinckrodt Pharmaceuticals
1.15.1.3.1.4.1.1. Corporate Overview
1.15.1.3.1.4.1.2. Financial Performance
1.15.1.3.1.4.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.4.1.4. Company Strategy & Channel Management
1.15.1.3.1.5.
Adhesys Medical GmbH
1.15.1.3.1.5.1.1. Corporate Overview
1.15.1.3.1.5.1.2. Financial Performance
1.15.1.3.1.5.1.3. Peer Comparison & 3C marketing equation
1.15.1.3.1.5.1.4. Company Strategy & Channel Management
Research Sources & Primary Verbatim
Inquire further details about this report at: [email protected]
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