Fibrin Sealant Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as hospitals, specialty clinics, & ambulatory surgical centers... during the forecast period. Fibrin sealant is composed of two substances, namely, thrombin and fibrinogen and is used in surgical solutions. It acts as a hemostatic or adhesive. Fibrin sealants are the most widely used hemostats. It can be used in tissue sealing of a particular organ and in general, tropical surgery. In clinical practice, a coagulum is formed by combing two solutions of a concentrated solution of fibrinogen and Factor XIII. Some commercial fibrin sealant is Beriplast P and TISSEEL. Advancements in hemostasis technology help in developing a variety of products, such as thrombin sealants, fibrin glue, bovine serum/albumin/glutaraldehyde, gelatin matrix, microfibrillar collagen matrix, and oxidized regenerated cellulose, which is used for emergency cases. These products are different from each other, in terms of mechanism, application, and price.Fibrin sealant is mostly available in liquid form or as a patch. Patches form are mostly used, as liquid fibrin presents a challenge of being cumbersome to use. The fibrin sealant market is expected to grow, as chronic diseases are rapidly growing, which is resulting in an increase in the number of surgical procedures. However, stringent government rules regarding the use of fibrin sealant as wrong administration can cause health complications is hampering the market growth.Market AnalysisThe global fibrin sealant market has been segmented on the basis of product form and end-user. This market is expected to grow in Europe due to a high number of surgeries carried out in the region. Key Factors Impacting Market Growth:Increase in the number of ambulatory surgical centersThe rapid growth of different chronic diseases.The high number of patients with blood-related disorders Regional Outlook:North America, Western Europe, and Asia Pacific by region are estimated to dominate the fibrin sealant market during the forecast period. These regions have been market leaders for the overall healthcare sector in terms of technological developments and advanced medical treatments. Moreover, the government policies have been favorable for the growth of the healthcare infrastructure in these regions. North America and Western Europe have an established healthcare infrastructure for product innovations and early adaptations. This is expected to drive the demand for fibrin sealant market during the forecast period. The US, Germany, France, UK, Canada, and Spain have been some the major markets in the region. Asia Pacific is estimated to register one of highest CAGR for fibrin sealant market during the forecast period. This region has witnessed strategic investments by global companies to cater the growing demand in the recent years. China, Japan, India, South Korea, and Australia are amongst some of the keyShow more >
