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).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.
Global Fibrinogen Concentrate Market Recent Developments
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In June 2022, Biotest AG successfully provided an interim analysis of the Phase III AdFIrst (Adjusted Fibrinogen Replacement Strategy) trial with fibrinogen in patients with acquired fibrinogen deficiency.
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In August 2020, Fibryga (Human Fibrinogen Concentrate, HFC), manufactured by Octapharma Canada, received approval from Health Canada for use during surgical procedures to treat acquired fibrinogen deficiency (AFD).
Segment Analysis
The Global Fibrinogen Concentrate Market is segmented by Indication and Geography, offering insights into its key therapeutic uses and regional dynamics. By indication, the market is divided into bleeding disorders, surgical applications, and trauma management. Fibrinogen concentrates are widely used in treating bleeding disorders such as congenital fibrinogen deficiency and acquired conditions like liver disease or disseminated intravascular coagulation (DIC). In these cases, fibrinogen supplementation helps restore normal coagulation function, reducing the risk of severe bleeding. Surgical applications represent another major indication, where fibrinogen concentrates are used in surgeries that involve significant blood loss, such as cardiac, orthopedic, or liver surgeries, to manage bleeding and promote hemostasis.
Another important indication is trauma management, where fibrinogen concentrates are used in emergency settings to control bleeding and improve clot formation, especially in patients with major trauma or severe injuries. In trauma cases, rapid administration of fibrinogen concentrate can be critical in preventing complications like hemorrhagic shock, thus improving survival rates. The increasing prevalence of trauma cases globally, along with the growing recognition of the importance of fibrinogen in the coagulation cascade, has led to a rise in demand for these concentrates in emergency medical care.
Geographically, the market spans North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America and Europe are the largest markets due to advanced healthcare infrastructure, widespread awareness, and high adoption rates of fibrinogen concentrate therapies in clinical settings. Asia-Pacific is emerging as a key growth region, driven by increasing healthcare investments, rising incidence of bleeding disorders, and improving access to advanced treatments. As healthcare systems in emerging markets continue to develop, the demand for fibrinogen concentrates is expected to grow significantly, with a focus on improving trauma care and surgical outcomes.
Global Fibrinogen Concentrate Segment Analysis
In this report, the Global Fibrinogen Concentrate Market has been segmented by Indication and Geography.
Global Fibrinogen Concentrate Market, Segmentation by Indication
The Global Fibrinogen Concentrate Market has been segmented by Indication into Congenital Fibrinogen Deficiency and Surgical Procedure.
The Congenital Fibrinogen Deficiency segment holds a significant share in the global fibrinogen concentrate market. Congenital fibrinogen deficiency is a rare inherited disorder where individuals are born with low levels of fibrinogen, a key protein involved in blood clotting. This condition leads to a higher risk of spontaneous bleeding, prolonged bleeding after injuries or surgeries, and other complications. Fibrinogen concentrates are critical in managing this condition, as they help to restore normal fibrinogen levels, thus preventing or controlling bleeding episodes. With advances in genetic diagnosis and early detection, the number of diagnosed cases is increasing, which in turn drives the demand for fibrinogen concentrates in managing congenital fibrinogen deficiency.
The Surgical Procedure segment also plays a significant role in the market, as fibrinogen concentrates are widely used to manage bleeding during and after surgical interventions. Major surgeries, particularly those involving the liver, cardiovascular system, or orthopedics, often result in significant blood loss. In such cases, fibrinogen concentrates are used to promote clotting and reduce the risk of excessive bleeding, which can be life-threatening. The increasing number of elective surgeries, trauma surgeries, and complex surgical procedures worldwide is a key factor contributing to the growth of this segment. Moreover, with advancements in surgical techniques and an aging population requiring more surgeries, the demand for fibrinogen concentrates in surgical procedures is expected to continue rising.
Both segments are influenced by regional factors such as healthcare infrastructure, availability of advanced treatment options, and economic conditions. For example, in developed countries, the focus on improving care for bleeding disorders and surgical outcomes is pushing demand for fibrinogen concentrates. In emerging economies, however, the rising number of surgical procedures and growing awareness of bleeding disorders are driving the adoption of fibrinogen concentrates. As the global healthcare landscape evolves, both the congenital fibrinogen deficiency and surgical procedure segments are expected to experience steady growth, fueled by increasing medical advancements and a larger patient population requiring these life-saving treatments.
Global Fibrinogen Concentrate Market, Segmentation by Geography
In this report, the Global Fibrinogen Concentrate Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Fibrinogen Concentrate Market Share (%), by Geographical Region, 2024
The North American region holds the largest share of the global fibrinogen concentrate market, accounting for a significant percentage of the overall market. The dominance of North America can be attributed to its advanced healthcare infrastructure, high healthcare spending, and a well-established reimbursement system for medical treatments. The United States, in particular, plays a key role in this market, with a high prevalence of bleeding disorders such as hemophilia and congenital fibrinogen deficiency. Additionally, the growing number of trauma cases, surgical procedures, and intensive care needs further boost the demand for fibrinogen concentrates in the region. The presence of leading pharmaceutical companies and ongoing research and development in biopharmaceuticals also support the growth of the fibrinogen concentrate market in North America.
In Europe, the fibrinogen concentrate market also holds a significant share, driven by the region's well-developed healthcare systems and a growing awareness of bleeding disorders. Countries such as Germany, the UK, and France have strong healthcare networks, which provide access to advanced treatments for conditions requiring fibrinogen concentrates, including congenital and acquired fibrinogen deficiencies. The aging population in Europe also contributes to the demand for surgical interventions and trauma care, leading to increased use of fibrinogen concentrates during complex surgeries. Furthermore, European nations are at the forefront of adopting recombinant therapies, which are considered safer and more efficient, further propelling the market in this region.
The Asia Pacific (APAC) region is witnessing the fastest growth in the fibrinogen concentrate market, driven by improving healthcare access, a rising burden of trauma cases, and an expanding patient population with bleeding disorders. Developing countries like China and India are experiencing significant advancements in healthcare infrastructure, which is enhancing the availability of advanced medical treatments, including fibrinogen concentrates. The region’s increasing number of surgeries, trauma-related injuries, and growing awareness about bleeding disorders contribute to the market's rapid expansion. Additionally, governments and healthcare organizations are working to improve the accessibility of such treatments in emerging economies, thus further boosting market growth in the APAC region. As the economic conditions improve and healthcare systems continue to advance, APAC is expected to become a major hub for fibrinogen concentrate sales in the coming years.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Fibrinogen Concentrate Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing prevalence of bleeding disorders
- Rising demand for blood substitutes and clotting factor therapies
- Advancements in fibrinogen concentrate production technologies
- Growing number of surgeries and trauma cases
The growing number of surgeries and trauma cases worldwide is significantly driving the demand for fibrinogen concentrate. Surgical procedures, especially those involving significant blood loss, often require the use of clotting agents to prevent excessive bleeding. Fibrinogen, being a critical protein in blood clot formation, plays a crucial role in these situations. As the number of complex surgeries, such as cardiovascular, orthopedic, and neurosurgeries, continues to rise, the need for effective hemostatic agents like fibrinogen concentrate is also increasing. This trend is observed not only in developed regions but also in emerging markets, where healthcare infrastructure is rapidly improving.
The rise in trauma cases due to accidents, injuries, and violent events is another key factor contributing to the growth of the fibrinogen concentrate market. Trauma victims often experience severe hemorrhage, which requires immediate intervention to control bleeding and prevent life-threatening conditions. Fibrinogen concentrate, being a reliable treatment option for such conditions, is increasingly being adopted in emergency care settings, particularly in trauma centers and intensive care units (ICUs). This growing recognition of fibrinogen's role in trauma management has led to its higher demand, as healthcare providers seek to improve patient outcomes in critical care situations.
The increased incidence of trauma and surgeries, particularly in aging populations and high-risk groups, further emphasizes the importance of having ready access to fibrinogen concentrate. As the global population ages, the number of elderly individuals undergoing surgeries, including those for joint replacements and cardiac interventions, is expected to grow. Additionally, the prevalence of chronic diseases like cardiovascular disorders, diabetes, and obesity—factors that increase surgical risks—is on the rise, contributing to the demand for fibrinogen concentrate to manage complications during and after surgeries. This combination of factors highlights the expanding market for fibrinogen concentrate in both elective surgeries and trauma care.
Restraints
- High cost of fibrinogen concentrate products
- Regulatory challenges and approval delays
- Limited awareness and accessibility in low-income regions
- Risk of adverse effects and safety concerns
The risk of adverse effects and safety concerns associated with fibrinogen concentrate usage presents a significant restraint in the global market. While fibrinogen concentrate is generally regarded as effective in treating bleeding disorders, there are potential side effects, including allergic reactions, thromboembolic events (blood clots), and transfusion-related complications. These risks are heightened in patients with pre-existing conditions such as cardiovascular diseases or a history of clotting disorders, leading to careful assessment before administration. Healthcare providers must weigh the benefits against the potential for adverse reactions, which could deter some from using fibrinogen concentrate, particularly in settings where alternative therapies are available.
The possibility of product contamination or improper handling during production and storage poses safety concerns. As fibrinogen concentrate is derived from human blood plasma, there is always a slight risk of transmitting infections, despite extensive screening and processing. The risk of viral transmission, although minimized by modern purification techniques, remains a concern for some patients and healthcare providers. These safety worries contribute to hesitancy in adopting fibrinogen concentrate in certain regions, particularly in low- and middle-income countries where regulatory oversight may be less stringent.
Long-term safety data on the repeated use of fibrinogen concentrate remains somewhat limited, which further complicates decision-making in chronic or high-risk patients. Continuous monitoring and post-market surveillance are essential to identify any emerging adverse effects, especially as fibrinogen concentrate is used more widely in various medical settings. These safety concerns, combined with the potential for adverse events, could hinder the growth of the market, as healthcare professionals may opt for alternative treatments with lower perceived risks. As such, addressing these safety issues through research, improved formulations, and better regulatory frameworks is critical for the continued expansion of the fibrinogen concentrate market.
Opportunities
- Expansion into emerging markets
- Development of novel and improved fibrinogen concentrate formulations
- Strategic partnerships and collaborations for distribution
- Growing adoption in surgical and trauma care applications
The growing adoption of fibrinogen concentrate in surgical and trauma care applications is a key driver of its market expansion. In surgical settings, especially those involving high blood loss, fibrinogen concentrate is increasingly used as a hemostatic agent to prevent excessive bleeding. Surgeons often encounter significant blood loss during complex procedures such as organ transplants, heart surgeries, and trauma surgeries. Fibrinogen concentrate helps to promote clot formation, reducing the need for transfusions and enhancing patient recovery. This adoption has grown as medical professionals recognize its effectiveness in managing intraoperative and postoperative bleeding, particularly in patients with coagulation deficiencies or those undergoing high-risk surgeries.
In trauma care, fibrinogen concentrate has become a critical tool in managing severe hemorrhage resulting from accidents, injuries, and other emergencies. Trauma cases often involve rapid blood loss, requiring immediate intervention to stabilize the patient. Fibrinogen concentrate is particularly beneficial in controlling bleeding in patients suffering from traumatic hemorrhage, including those with major internal injuries or severe external wounds. Its ability to support the body’s natural clotting process in critical situations has made it a go-to solution for trauma care units, emergency rooms, and intensive care units. As trauma cases continue to rise globally, the demand for fibrinogen concentrate is expected to grow, further cementing its role in urgent care settings.
The growing adoption of fibrinogen concentrate in both surgical and trauma care applications is also supported by increasing awareness among healthcare providers about the product’s potential benefits in improving patient outcomes. Medical research has shown that early intervention with fibrinogen concentrate can reduce the need for more invasive treatments, such as blood transfusions, and can also shorten hospital stays. With the growing prevalence of complex surgeries and trauma incidents, healthcare systems are focusing on optimizing patient care through safer, more effective treatments. Fibrinogen concentrate, with its ability to promote faster healing and minimize complications, is becoming an essential component of surgical and trauma care protocols, thus driving its widespread use and acceptance in medical settings.
Competitive Landscape Analysis
Key players in Global Fibrinogen Concentrate Market include,
- LFB
- Octapharma AG
- CSL Behring
- Hualan Biological Engineering Inc
- Shanghai RAAS
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Indication
- Market Snapshot, By Region
- Global Fibrinogen Concentrate Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Increasing prevalence of bleeding disorders
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Rising demand for blood substitutes and clotting factor therapies
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Advancements in fibrinogen concentrate production technologies
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Growing number of surgeries and trauma cases
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- Restraints
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High cost of fibrinogen concentrate products
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Regulatory challenges and approval delays
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Limited awareness and accessibility in low-income regions
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Risk of adverse effects and safety concerns
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- Opportunities
- Expansion into emerging markets
- Development of novel and improved fibrinogen concentrate formulations
- Strategic partnerships and collaborations for distribution
- Growing adoption in surgical and trauma care applications
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Fibrinogen Concentrate Market, By Indication, 2021 - 2031 (USD Million)
- Congenital Fibrinogen Deficiency
- Surgical Procedure
- Global Fibrinogen Concentrate Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Fibrinogen Concentrate Market, By Indication, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- LFB
- Octapharma AG
- CSL Behring
- Hualan Biological Engineering Inc
- Shanghai RAAS
- Company Profiles
- Analyst Views
- Future Outlook of the Market