Global Prothrombin Complex Concentrates Market by Product, by Distribution Channel, by Indication, by Region, Segment and Forecasts 2020–2026
Global Prothrombin Complex Concentrates Market was valued at USD 534.2 Million in 2017, growing at CAGR of 9.01% over the forecast period 2020–2026. Growing demand for optimized & sustainable healthcare, rise in focus of companies for preserving plasma units coupled with increase in number for plasma collection centers are the factors augmenting the market.
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The Global Prothrombin Complex Concentrates Market is probably going to pick up footing because of the huge drop sought after for its partner new solidified plasma (FFP). Fortune Business Insights has distributed a report, titled ‘Prothrombin Complex Concentrate Market Size, Share and Global Trend by Product Type (3-factor PCC, 4-factor PCC), Application (Congenital and Acquired Coagulation Factor insufficiency), End User (Hospitals, Ambulatory Surgical Centres) and Geography Forecast till 2026.
Market Trends, Drivers, Restraints and Opportunity:
- Surge in research and development for PCC products is likely to gain a significant traction in the forecast span. Moreover, public awareness and modified approach toward blood collection centers is contributing in market development
- High demand for frozen plasma is anticipated to be an alternative therapy to PCC, witness a reduction due to high lead time
- The revenue share is increasing for PCC owing to high adoption and growing demand for sustainable healthcare
- Demand for sustainable healthcare is expected to result in creation of immense growth opportunities
- On contrary, fierce competition and high procurement costs is likely to impede the market development in the near future
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