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How has the evithrom grown historically, and what trends indicate future expansion?
The evithrom market size has XX (HCAGR) in recent years. It will grow from $XX million in 2024 to $XX million in 2025 at a compound annual growth rate (CAGR) of XX%. The growth in the historic period can be attributed to the rise of minimally invasive surgical techniques, demand for natural or bio-based surgical sealants, focus on minimizing postoperative complications, and adoption of fibrin sealants.
The evithrom market size is expected to see XX (FCAGR) in the next few years. It will grow to $XX million in 2029 at a compound annual growth rate (CAGR) of XX%. The growth in the forecast period can be attributed to growing number of surgical procedures, increasing demand for advanced wound care and surgical solutions, growing occurrence of spinal and sports-related injuries, and rising prevalence of chronic diseases. Major trends in the forecast period include technological advancements in fibrin sealants, adoption of minimally invasive innovations in hemostasis and tissue sealing agents, developments in medical technology, and strategic collaborations between biotechnology firms.
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Which key factors are driving the expansion of the evithrom industry?
A growing number of surgical procedures is expected to propel the growth of the evithrom market going forward. Surgical procedures refer to medical operations or interventions that involve the physical alteration or manipulation of tissues and organs within the body. The growth in surgical procedures is primarily driven by advancements in medical technology, which make surgeries safer and more efficient, and by the rising prevalence of chronic diseases, which require more surgical interventions. Evithrom is used in surgical procedures to control bleeding by promoting clot formation and enhancing hemostasis, particularly in high-risk surgeries such as cardiovascular or orthopedic procedures. For instance, in June 2024, according to the International Society of Aesthetic Plastic Surgery (ISAPS), a US-based non-profit organization, liposuction remained the most common surgical procedure in 2023, with over 2.2 million performed, while face and head procedures saw significant growth, rising by 19.6% to more than 6.5 million. Therefore, the growing number of surgical procedures is driving the growth of the evithrom market.
How is the evithrom market segmented by product, application, and end-user?
The evithrom market covered in this report is segmented –
1) By Indication: Surgical Hemostasis, Trauma Care
2) By Formulation: Bovine Thrombin, Human Thrombin, Recombinant Thrombin
3) By Distribution Channel: Hospitals, Clinics and Diagnostic Centers, Online Pharmacies
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Which leading companies are dominating the evithrom market landscape?
Major companies operating in the evithrom market include Johnson & Johnson Inc.
Which geographic areas are expected to offer the highest growth opportunities in theevithrom market?
North America was the largest region in the evithrom market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the evithrom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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• Benchmark and plan partnerships using competitive landscape insights.
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