Prothrombin Complex Concentrates Market (Forecast Period 2021-2028): The report provides a valuable source of insightful data for business strategists and competitive analysis of Prothrombin Complex Concentrates Market. The study covers important knowledge that makes the analysis document a handy resource for managers, analysts, business consultants and different key individuals get ready-to-access and self-analyzed study in conjunction with graphs and tables to assist perceive market trends, drivers and market challenges.It also highlights the restraints and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the market’s growth throughout the above mentioned forecast period in terms of revenue(in US$ Mn) and Volume (Thousand Units), across different geographies.
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Major Players In This Market Are: Octapharma AG, Nihon Pharmaceutical Co Ltd, Grifols S.A., CSL Behring GmbH, Kedrion Biopharma Inc., Shire Plc, China Biologic Products Holdings, Inc., and Sanquin
Market Overview
The prothrombin complex concentrate is a synthetic compound that contains the blood clotting factors II, IX, and X. It is used to treat hemophilia B, prevent bleeding, and treat other conditions. The prothrombin complex is also called factor IX complex. It is a blood substitute for factor IX. However, it is not as effective as the natural product. Some versions also contain factor VII. In addition to being a better choice for patients with bleeding disorders, prothrombin complex concentrates are safer than fresh frozen plasma. While FFP was the preferred anticoagulant in many situations, its use was linked to increased risks of thromboembolic events.
Market Drivers
Increasing prevalence of hemophilia B is expected to boost the global prothrombin complex concentrates market growth over the forecast period. Hemophilia B is a rare disorder in which hereditary bleeding is caused due to the lack of blood clotting factor IX. Without adequate IX factor, the blood cannot clot properly to control bleeding. According to the National Organization for Rare Disorder (NORD), around 1 in 25,000 male births suffer from hemophilia B across the U.S. Furthermore, it is less prevalent than hemophilia A that occurs in around 1 in 5,000 male births. Hence, such factors are expected to drive growth of the global prothrombin complex concentrates market during the forecast period.
However, risks associated with thrombotic complications related to PCC are expected to hinder the global prothrombin complex concentrates market growth over the forecast period.
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Impact of COVID-19
The global prothrombin complex concentrates market witnessed a major slump during the COVID-19 pandemic. As many countries implemented stringent lockdown policies, manufacturing activities across different sectors were suspended temporarily, in order to curb the spread of the virus. The overall production in the manufacturing sector witnessed a significant decline during the pandemic, as companies had to comply with strict physical distancing regulations. Furthermore, the global supply chain industry also witnessed a major disruption, which further impacted growth of the market.
Key Takeaways
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The global prothrombin complex concentrates market is expanding rapidly, exhibiting a lucrative CAGR of 10.2% over the forecast period. This is owing to increasing uptake of various vitamin K antagonist products, especially warfarin.
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Among regions, North America is expected to witness significant growth in the global prothrombin complex concentrates market during the forecast period. This is owing to the presence of robust healthcare infrastructure in the region.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Drivers
- Restraints
- Opportunity
- Impact Analysis
- Epidemiology
- Mergers and Acquisitions
- Key Developments
- Regulatory Scenario
- PEST Analysis
- Pipeline Analysis
- Research and development
- Global Prothrombin Complex Concentrates Market – Impact of Coronavirus (Covid-19) Pandemic
- COVID-19 Epidemiology
- Supply and Demand Analysis
- Global Prothrombin Complex Concentrates Market, By Type, 2021 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- 3-Factor PCC
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- 4-Factor PCC
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Introduction
- Global Prothrombin Complex Concentrates Market, By Application, 2021 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Acquired Coagulation Factor Deficiency
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Congenital Coagulation Factor Deficiency
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Introduction
- Global Prothrombin Complex Concentrates Market, By End User, 2021 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Hospital
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Ambulatory Surgical Centres
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2021 – 2028, (US$ Mn)
- Introduction
- Global Prothrombin Complex Concentrates Market, By Region, 2021 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2028
- North America
- Market Size and Forecast, By Type, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Application, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By End User, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Country, 2021 – 2028, (US$ Mn)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Type, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Application, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By End User, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Country, 2021 – 2028, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Type, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Application, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By End User, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Country, 2021 – 2028, (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Type, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Application, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By End User, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Country, 2021 – 2028, (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Market Size and Forecast, By Type, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Application, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By End User, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Country, 2021 – 2028, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Type, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Application, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By End User, 2021 – 2028, (US$ Mn)
- Market Size and Forecast, By Country, 2021 – 2028, (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
In this study, the years considered to estimate the market size of Prothrombin Complex Concentrates are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year 2021 to 2028
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Prothrombin Complex Concentrates Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Prothrombin Complex Concentrates Market are also given.
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