PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1620533
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1620533
The Global Prothrombin Complex Concentrate Market was valued at USD 2.1 billion in 2023 and is projected to grow at 9.4% CAGR from 2024 to 2032. This growth is primarily fueled by the rising prevalence of coagulation disorders and the increasing demand for plasma-derived therapies. The surge in coagulation disorders significantly contributes to the expansion of the PCC market worldwide. As conditions such as bleeding disorders and acquired coagulation disorders become more common, the need for effective and rapid treatment options like PCC has intensified. Factors such as vitamin K deficiency, liver diseases, and the widespread use of anticoagulant medications have further emphasized the importance of PCC, especially in emergency situations where quick intervention is essential.
The market is categorized by product type into 4-factor PCC and 3-factor PCC. In 2023, the 4-factor PCC segment led the market, generating approximately USD 1.2 billion. This product is often preferred in critical care settings due to its rapid onset of action and versatility in treating various conditions, including the reversal of direct oral anticoagulants. The strong endorsement of 4-factor PCC by clinical guidelines from various health organizations reinforces its position in coagulation-related treatments, further enhancing its market share.
From an application perspective, the segment for acquired coagulation factor deficiency captured nearly half of the market share in 2023. This type of disorder, often linked to conditions such as vitamin K deficiency or the effects of anticoagulant therapies, is more prevalent than congenital disorders. This higher incidence drives the demand for PCC in clinical settings where prompt treatment is essential, particularly during surgeries or trauma cases. North America emerged as the leading region in the PCC market in 2023, with revenues amounting to USD 788.3 million and expectations to reach USD 1.7 billion by 2032. The increasing prevalence of coagulation disorders, particularly in older populations, is a significant driver of PCC demand. Moreover, the advanced healthcare infrastructure in the U.S. and Canada supports the effective use and monitoring of PCC treatments, ensuring patients receive timely and efficient care.
Market Scope | |
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Start Year | 2023 |
Forecast Year | 2024-2032 |
Start Value | $2.1 Billion |
Forecast Value | $4.7 Billion |
CAGR | 9.4% |
This growing market landscape highlights the importance of PCC in managing coagulation disorders and enhancing patient outcomes.