Human Prothrombin Complex Market , by Type Thumbnail Image

2024

Human Prothrombin Complex Market , by Type

Human Prothrombin Complex Market , by Type (3 Factor, 4 Factor) , by Application (Acquired coagulation factor deficiency, Congenital coagulation factor deficiency), by End Users (Hospitals, Specialty Clinics, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2033

LS : Healthcare

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Author's: Shraddha Mali | Roshan Deshmukh
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Human Prothrombin Complex Market  Research, 2033

The global human prothrombin complex market  was valued at $0.8 billion in 2023, and is projected to reach $1.8 billion by 2033, growing at a CAGR of 9.2% from 2024 to 2033. Increase in the number bleeding diseases and rise in complex surgical procedures, are the major driving factors of the market.

Human Prothrombin Complex Market 

Market Introduction and Definition 

Human prothrombin complex is a blood product that contains a concentrated mixture of clotting factors II (prothrombin) , VII, IX, and X, which are essential for the normal clotting process. These clotting factors are referred to as vitamin K-dependent clotting factors, indicating that the body needs vitamin K for them to be synthesized. In the case of hemophilia, liver illness, or the reversal of vitamin K antagonist therapy (such as warfarin) , prothrombin complex is generally used to treat bleeding problems or prevent bleeding in individuals with deficits in these components. It has become an important therapeutic agent in emergency and critical care settings due to its ability to rapidly correct coagulopathies, especially for warfarin reversal. Its role in managing hemophilia and liver-related coagulopathy has also increased its importance in various specialties, including surgery and intensive care. 

Key Takeaways 

  • The human prothrombin complex market size study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period. 
  • More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major human prothrombin complex industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights. 
  • The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives. 

Key Market Dynamics

The human prothrombin complex market growth is expected,  owing to rise in diagnosis of bleeding diseases such as hemophilia, particularly hemophilia B, which is caused by a shortage of Factor IX. Patients with such disorders require the replacement of coagulation factors to manage and avoid bleeding episodes. Further, demand for prothrombin complex products is increased by rise in awareness and diagnosis of coagulopathies, either congenital or acquired, for instance from liver illness or anticoagulant use.

The global population is aging, and older adults are more prone to conditions that require anticoagulation therapy, such as atrial fibrillation and thromboembolic diseases. In addition, bleeding problems are more common in the elderly population, making prothrombin complex therapies necessary, thereby boosting the human prothrombin complex market size. The incidence of adverse events that necessitate the use of prothrombin complex for bleeding control is higher in older persons since they frequently take numerous drugs, including anticoagulants.

Furthermore, the rise in complex surgical procedures, particularly in cardiovascular, orthopedic, and trauma care, has further increased the demand for rapid coagulation correction, and these are also the human prothrombin complex market trends. Prothrombin complex is often used to minimize bleeding risks, especially in patients on anticoagulants. As a key therapeutic agent in managing major bleeding associated with trauma, prothrombin complex is becoming a preferred choice in emergency and trauma settings, where rapid clotting factor replenishment is required.

The ability to identify patients at risk of coagulopathy has improved due to advancements in diagnostic technologies. In critical care, prothrombin complex is being used more swiftly and specifically owing to point-of-care diagnostic tools that can rapidly determine coagulation status. The increased usage of prothrombin complex is being driven rise in awareness and knowledge among healthcare professionals regarding its benefits, notably in emergency anticoagulant reversal. The human prothrombin complex market growth is also being influenced by educational programs that inform patients receiving anticoagulant therapy about the significance of acting quickly in the event of bleeding.

Moreover, in developing countries across Asia-Pacific, Latin America, and the Middle East, improvements in healthcare infrastructure are leading to increased adoption of advanced treatments. As healthcare systems in these regions evolve, there is a growing demand for high-quality coagulation products. Further, awareness of bleeding disorders and the importance of timely intervention is increasing in emerging markets, where access to advanced therapeutic products like prothrombin complex is improving, thereby driving the  human prothrombin complex market forecast.

Patent Analysis of Human Prothrombin Complex Market

Although the growth of the human prothrombin complex market has been more rapid in recent years, the industry can draw on the patents filed by various companies. For instance, patents filed by the companies based in the China and the U.S. dominated the market with a 16.7% share each, European Patent Office holds a share of 14.2%, Patent Cooperation Treaty (PCT) holds a share of about 12.1%, Canada holds a share of about 9.6%, and Other holds a share of about 22.2%.

This distribution highlights the active involvement of key global players in the development and innovation of human prothrombin complex products, particularly in regions with advanced pharmaceutical and biotechnological industries. The dominance of China and the U.S. reflects their robust R&D infrastructure and significant investment in healthcare technologies. Additionally, the presence of the European Patent Office and Patent Cooperation Treaty (PCT) demonstrates the importance of international collaboration and the growing globalization of intellectual property protection in the biomedical field.

Human Prothrombin Complex Market  by Type by

Market Segmentation

The human prothrombin complex market analysis is segmented into type, application, end user, and region. On the basis of product type, the market is categorized into 3 factor and 4 factor. On the basis of application, the market is categorized into acquired coagulation factor deficiency and congenital coagulation factor deficiency. On the basis of end users the market is categorized into hospitals, specialty clinics, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Regional/Country Market Outlook

North America accounted for a major human prothrombin complex market share owing to the presence of major players, drug approval, well-established healthcare facilities, recent technological advancements, and a rise in demand for early diagnosis of hemophilia and other bleeding disorders due to increase in awareness regarding the disease. This supports the widespread adoption of cutting-edge treatments like human prothrombin complex in hospitals and trauma centers. The region has a significant burden of cardiovascular diseases (CVD) , which are closely associated with anticoagulation therapy. The high usage of anticoagulants like warfarin leads to increased demand for prothrombin complex.

Asia-Pacific human prothrombin complex market share is estimated to grow with the highest CAGR during the forecast period, owing to the lucrative opportunities for the key players, owing to a rise in target population. Many countries in APAC, such as China and India, are heavily investing in healthcare infrastructure. As access to advanced medical care improves, the demand for high-quality blood products prothrombin complex is increasing. Another factor driving the growth of the market is the focus of major players on technological advancements, expansion via generic product development & approval in the human prothrombin complex market.

Industry Trends

  • Ongoing research to develop recombinant clotting factors, is expected to reduce reliance on plasma-derived prothrombin complex, although it is still an emerging area. 
  • Continuous advancements in the purification and production of prothrombin complex have resulted in more stable products with longer shelf lives and improved safety profiles. For example, 4 factor prothrombin complex, which includes factors II, VII, IX, and X, has become the standard for most clinical applications, especially for warfarin reversal. 

Competitive Landscape 

The major players operating in the human prothrombin complex industry are CSL, Octapharma AG, Kedrion, Takeda Pharmaceutical Company Limited, Taibang Biological Group Co., Ltd, Sanquin, Grifols, S.A, Biotest AG, Abeona Therapeutics Inc, and Insud Pharma. 

Key Sources Referred 

  • National Center for Biotechnology Information
  • World Health Organization (WHO)
  • National Library of Medicine
  • The United States Food and Drug Administration
  • U.S. Department of Health & Human Services
  • Centers for Disease Control and Prevention
  • Indian Council of Medical Research 
  • World Federation of Hemophilia
  • GOV.UK
  • National Organization for Rare Disorders

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the human prothrombin complex market analysis from 2024 to 2033 to identify the prevailing human prothrombin complex market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the human prothrombin complex market  segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global human prothrombin complex market  trends, key players, market segments, application areas, and market growth strategies.

Human Prothrombin Complex Market , by Type Report Highlights

Aspects Details
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Market Size By 2033

USD 1.8 Billion

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Growth Rate

CAGR of 9.2%

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Forecast period

2024 - 2033

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Report Pages

280

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By Type
  • 3 Factor
  • 4 Factor
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By Application
  • Acquired coagulation factor deficiency
  • Congenital coagulation factor deficiency
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By End Users
  • Hospitals
  • Specialty Clinics
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)
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Key Market Players

Octapharma AG, CSL, Sanquin, Kedrion, Abeona Therapeutics Inc, Biotest AG, Insud Pharma, Takeda Pharmaceutical Company Limited, Grifols, Taibang Biological Group Co., Ltd

Author Name(s) : Shraddha Mali | Roshan Deshmukh
Frequently Asked Questions?

2023 is the base year of human prothrombin complex market.

2024 to 2033 are the forecast years of human prothrombin complex market.

North America is the largest regional market for human prothrombin complex market.

The major players operating in the human prothrombin complex market are CSL, Octapharma AG, Kedrion, Takeda Pharmaceutical Company Limited, Taibang Biological Group Co., Ltd, Sanquin, Grifols, S.A, Biotest AG, Abeona Therapeutics Inc, and Insud Pharma.

The global human prothrombin complex market was valued at $0.8 billion in 2023.

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Human Prothrombin Complex Market , by Type

Global Opportunity Analysis and Industry Forecast, 2024-2033