Global Thrombin Market to Reach $793.3 Million by 2030
The global market for Thrombin estimated at US$609.5 Million in the year 2023, is expected to reach US$793.3 Million by 2030, growing at a CAGR of 3.8% over the analysis period 2023-2030. Bovine Thrombin, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$345.1 Million by the end of the analysis period. Growth in the Human Thrombin segment is estimated at 3.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $183.5 Million, While China is Forecast to Grow at 3.6% CAGR
The Thrombin market in the U.S. is estimated at US$183.5 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$139.8 Million by the year 2030 trailing a CAGR of 3.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 3.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
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