Human Coagulation Factor VII Market Growth Supported by R&D in Biologics
The Global Human Coagulation Factor VII market is projected to grow from USD 1.5 billion in 2024 to approximately USD 2.2 billion by 2034. This reflects a steady CAGR of 3.8% over the forecast period from 2025 to 2034. In 2024, North America held a dominant position, accounting for over 38.2% of the total market share, generating around USD 0.6 billion in revenue. The rising adoption of advanced treatments and broader healthcare access are contributing significantly to this growth. Human Coagulation Factor VII is a crucial blood protein responsible for triggering the clotting process during injury. Though deficiencies are rare, they can lead to severe bleeding disorders that require timely medical attention. Hospitals are increasingly using Factor VII to manage bleeding during emergency trauma cases and surgical procedures. This rising application, especially in acute care settings, continues to support market expansion across developed and developing countries. Public healt...