Global Fibrinogen Concentrate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Indication;

Congenital Fibrinogen Deficiency, and Surgical Procedure.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn145048208 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Fibrinogen Concentrate Market (USD Million), 2021 - 2031

In the year 2024, the Global Fibrinogen Concentrate Market was valued at USD 2,461.03 million. The size of this market is expected to increase to USD 5,013.60 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.7%.

The global fibrinogen concentrate market is driven by the increasing demand for clotting factor treatments, particularly in patients with bleeding disorders such as congenital fibrinogen deficiency or trauma-induced bleeding. Fibrinogen concentrates are used to manage bleeding episodes by restoring fibrinogen levels, essential for blood clot formation. The market growth is supported by the rise in surgical procedures, trauma cases, and advancements in hemophilia treatment options, as well as a growing awareness of bleeding disorders worldwide. Additionally, the shift towards more effective, safer, and easily administrable therapies contributes to the market expansion.

In terms of regional dynamics, North America dominates the fibrinogen concentrate market due to its advanced healthcare infrastructure, high healthcare spending, and the prevalence of bleeding disorders. Europe also holds a significant share of the market, supported by robust healthcare systems and an aging population that requires more surgical interventions. Meanwhile, the Asia Pacific region is expected to exhibit the fastest growth during the forecast period, fueled by increasing healthcare access, improving economic conditions, and a rising burden of trauma-related injuries and surgical cases.

The market faces challenges such as the high cost of fibrinogen concentrates, limited reimbursement in some regions, and the risk of adverse effects associated with blood-derived therapies. Ongoing research and development to create more cost-effective, non-blood-based alternatives and the rising use of recombinant therapies are expected to influence market dynamics in the coming years. As the global healthcare landscape continues to evolve, the fibrinogen concentrate market will adapt, offering new and improved options for managing clotting disorders and enhancing patient care.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Indication
    2. Market Snapshot, By Region
  4. Global Fibrinogen Concentrate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing prevalence of bleeding disorders

        2. Rising demand for blood substitutes and clotting factor therapies

        3. Advancements in fibrinogen concentrate production technologies

        4. Growing number of surgeries and trauma cases

      2. Restraints
        1. High cost of fibrinogen concentrate products

        2. Regulatory challenges and approval delays

        3. Limited awareness and accessibility in low-income regions

        4. Risk of adverse effects and safety concerns

      3. Opportunities
        1. Expansion into emerging markets
        2. Development of novel and improved fibrinogen concentrate formulations
        3. Strategic partnerships and collaborations for distribution
        4. Growing adoption in surgical and trauma care applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fibrinogen Concentrate Market, By Indication, 2021 - 2031 (USD Million)
      1. Congenital Fibrinogen Deficiency
      2. Surgical Procedure
    2. Global Fibrinogen Concentrate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. LFB
      2. Octapharma AG
      3. CSL Behring
      4. Hualan Biological Engineering Inc
      5. Shanghai RAAS
  7. Analyst Views
  8. Future Outlook of the Market