Fibrinogen Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 2.3 Billion by 2033, growing at a CAGR of 5.4% from 2026 to 2033.
The global fibrinogen market was valued at approximately USD 2.1 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. This growth is primarily driven by the increasing prevalence of bleeding disorders, rising surgical procedures, and expanding awareness of fibrinogen deficiency and related therapies. North America held the largest share of the fibrinogen market in 2022, contributing over USD 750 million, owing to its advanced healthcare infrastructure and high diagnostic awareness. Europe followed closely, with a market size of approximately USD 620 million, supported by favorable reimbursement frameworks and strong presence of research institutions focused on hematological disorders.
Asia Pacific is emerging as the fastest growing region, expected to witness a CAGR above 7.5% through 2030 due to rising healthcare expenditure, growing population base, and increasing access to advanced diagnostics and surgical procedures. Countries like China and India are contributing significantly to regional growth due to improved hospital infrastructure and awareness campaigns on coagulation disorders. Additionally, Latin America and the Middle East & Africa regions are gradually expanding, driven by healthcare development initiatives and rising demand for blood derived products. Opportunities in the fibrinogen market include increasing clinical trials for fibrinogen concentrates, expansion into underserved regions, and development of synthetic and recombinant fibrinogen products to overcome supply limitations and reduce risk of infection transmission. The push for personalized medicine and targeted therapies is also expected to open new avenues for fibrinogen related applications in trauma and cardiovascular surgeries.
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CSL Behring
LFB Group
Shanghai RAAS Blood Products
Jiangxi Boya Bio-Pharmaceutical
Hualan Biological Engineering
Harbin Pacific Biopharmaceutical
GREEN CROSS
Shanghai XinXing Medical
Taibang Biologic
Octapharma
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Fibrinogen Market
Plasma-derived Fibrinogen
Recombinant Fibrinogen
Fibrinogen Concentrates
Coagulation Disorders
Cardiovascular Surgeries
Trauma Cases
Dental Procedures
Orthopedic Surgeries
Hospitals
Blood Banks
Research Laboratories
Ambulatory Surgical Centers
Injections
Infusions
Topical Applications
Pharmacies
Online Sales
Direct Sales
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Fibrinogen Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Fibrinogen Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fibrinogen Market, By Type
6. Global Fibrinogen Market, By Application
7. Global Fibrinogen Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Fibrinogen Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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