Persistence Market Research

Fibrin Glue Market: Global Industry Analysis and Forecast to 2020

Persistence Market Research is released new forthcoming report on title "Fibrin Glue Market: Global Industry Analysis and Forecast to 2020".

 

New York, NY -- (SBWIRE) -- 11/18/2014 -- Surgical sealants are used after surgery or traumatic injury, as to hold the external and internal tissues. Some of the major surgical sealants based on their composition are collagen-based compounds, fibrin sealant, synthetic sealant, such as cyanoacrylates, and tissue adhesive glues such as hydogels and glutaraldehyde glues. Fibrin sealant also known as fibrin glue is a hemostatic agent. Fibrin glue is the unique adhesion material used in surgeries for closure of wounds. Fibrin glues are mainly extracted from collective plasma and contain different amounts of purified and virally inactivated human proteins. Fibrin glue is composed of two components such as fibrinogen and factor XIII. These concentrated ingredients interact with a solution of thrombin and calcium to form a coagulum. As the thrombin combine with the fibrinogen/factor XIII, a stable clot is formed of a blood protein called fibrin in few seconds, depending on the dilute form of thrombin is used. Some of the characteristics of fibrin glue are high internal bonding strength, high surface adherence strength, enhance tissue regeneration and enhance clot formation. Fibrin glue is mainly used in cardiac surgery, vascular surgery, burn bleeding, pulmonary surgery and lacerations of liver and spleen. It is also used in other surgeries such as neurosurgery, plastic surgery, wound management, general surgery and orthopedic surgeries. Fibrin glue lowers the risks of infection, provides early hemostasis on the treated area and improves cosmesis. It also promotes natural tissue healing. However, small risks of contamination of glue with viruses in human can be one of the disadvantages of fibrin glue. Tisseel, biocol and beriplast are some of the commercially prepared fibrin sealants.

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North America dominates the global market for fibrin glue due to large number of aging population and increasing number of surgical procedures. Asia is expected to show high growth rates in the next five years in the global fibrin glue market. China and India are expected to be the fastest growing fibrin glue markets in Asia-Pacific region. Some of the key driving forces for fibrin glue market in emerging countries are large pool of patients, increasing healthcare expenditure and rising government funding.

In recent times there is increased use of fibrin glue due to increasing number of surgical procedures. Rise in aging population, rise in prevalence of chronic wounds, venous ulcers, diabetic ulcers and pressure sores and lower complication rates from the use of these products are some of the key factors driving the growth for global fibrin glue market. In addition, increasing healthcare awareness is also fuelling the growth of global fibrin glue market. However, economic slowdown and minimal invasive procedures, such as laparoscopic and endoscopic surgeries, are some of the major factors restraining the growth for global fibrin glue market. In addition, unfavorable reimbursement policies would also inhibit the growth of the global fibrin glue market.

Technological advancement in wound closure would develop opportunity for global fibrin glue market. However, alternative components for wound closure could lead a challenge for the global fibrin glue market. Some of the major companies operating in the global fibrin glue market are Cryolife, Inc., Baxter International, Inc., Omrix Biopharmaceutical Inc., Haemacure, Vivostat A/S, Harvest Technologies, Interpore Cross and CSL Behring.

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