Heparin Market report can be structured well with the blend of top attributes such as highest level of spirit, practical solutions, committed research and analysis, innovation, talent solutions, integrated approaches, most up-to-date technology and dedication. Further, strategic planning supports in improving and enhancing the products with respect to customer’s preferences and inclinations. The report comprises of all the market shares and approaches of the major competitors or the key players in the industry. Moreover, this market report also brings into the focus various strategies that have been used by other key players of the market.
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Data Bridge Market Research analyses that the global heparin market which was USD 7.42 billion in 2022, is expected to reach USD 10.93 billion by 2030, and is expected to undergo a CAGR of 5.05% during the forecast period of 2023 to 2030.“Hospitals” dominates the end user segment of the global heparin market owing to the growing demand for drug. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Heparin is an injectable anticoagulant that is especially used in surgical procedures to prevent blood clotting in the veins and arteries. Otherwise, it is also used to treat blood clotting disorders. It is also used to treat and diagnose pulmonary embolism, venous thromboembolism and arterial thromboembolism. Heparin is also commonly known as unfractionated heparin. Heparin is an animal-derived product, derived from the tissues of slaughtered meat.
Global Heparin Market Dynamics
Drivers
- Increasing Prevalence of Cardiovascular Diseases
The cases of chronic blood diseases are growing exponentially and will likely drive the worldwide antiplatelet drugs market. Increase in the prevalence of chronic diseases such as cardiovascular diseases is owing to drive the market. The rising incidences of cardiovascular diseases is a major factor driving the antiplatelet drugs market's growth rate. In both developed and developing economies, cardiovascular illnesses are the leading cause of death.
According to the Centers for Disease Control and Prevention (CDC), over 8,00,000 individuals in the United States die each year from stroke and other cardiovascular disorders.
For instance, a study by the World Health Organization (WHO) has stated that cardiovascular diseases (CVDs) account for about 31% of all patient mortality each year
- Increasing Investment for Healthcare Infrastructure
Another significant factor influencing the growth rate of global heparin market is the rising healthcare expenditure which helps in improving its infrastructure.
Furthermore, rising initiatives by public and private organizations to spread awareness myriad fungal infections will expand the global herparin market. In addition, high disposable income and sedentary lifestyle of people will result in the expansion of the global herparin market. Along with this, rising geriatric population and surge in thrombotic events will enhance the market's growth rate.
- Rising Number of Geriatric Population
Expanding geriatric population worldwide is predicted to favour heparin drugs demand as this population is more prone to heart diseases. The number of persons above 65 years is projected to double in the coming years. The old age people are prone to various chronic diseases such as cardiovascular diseases, which can foster the demand for herparin drugs across the globe.
According to the United Nations, there were around 382 million old age people, aged 60 years or above, across the globe in 2017 and this number is expected 2.1 billion by 2050.
Some of the major players operating in the global heparin market are:
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Mylan N.V. (U.S.)
- Teva Pharmaceutical Industries Ltd. (Israel)
- OPOCRIN S.P.A. (Italy), Baxter. (U.S.)
- Aspen Holdings (South Africa)
- B. Braun Medical Inc. (U.S.)
- Pfizer Inc. (U.S.)
- GSK plc. (U.K.)
- LEO Pharma (Denmark)
- Sanofi (France)
- Fresenius SE & Co. KGaA (Germany)
- Changzhaou Qianhong Bio-pharma Co., ltd., (China)
- Eisai Co., Ltd. (Japan)
- Hikma Pharmaceuticals PLC. (U.K.)
- Nanjing Jianyou Biochemical Pharmaceutical Co. (China)
- Novartis AG (Switzerland)
- Shanghai Fosun Pharmaceutical (Group)Co., Ltd. (China)
Global Heparin Market Scope
The global heparin market is segmented on the product type, mode of administration, source, ingredients, availability, treatment, application, therapeutics, strength, type, container, packaging, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Unfractionated Heparin
- Low Molecular Weight Heparin (LMWH)
- Ultra-Low Molecular Weight Heparin (ULMWH)
Mode of Administration
- Oral Administration
- Parenteral Administration
Source
- Bovine
- Porcine
Ingredient
- Sodium
- Calcium
- Others
Availability
- Raw
- Processed
Treatment
- Deep Vein Thrombosis
- Pulmonary Embolism
- Arterial Thromboembolism
- Others
Application
- Pre-Surgical Procedures
- Post-Surgical Procedures
- Kidney Dialysis
- Diagnostic Tests
- Others
Therapeutics
- Cardiovascular
- Respiratory
- Oncology
- Nephrology
- CNS
- Others
Strength
- 10 Unit
- 100 Unit
- 1000 Unit
- 5000 Unit
- 10000 Unit
- 25000 Unit
- Others
Type
- Generics
- Brands
Container
- Bottles
- Bags
- Vials
- Others
Packaging
- Glass
- Plastic
End User
- Hospitals
- Clinics
- Homecare
- Ambulatory Surgical Centres
- Others
Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy and Drug Store
- Online Pharmacy
- Others
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Heparin Market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Heparin Market.
This study answers to the below key questions:
- What are the key factors driving the Heparin Market?
- What are the challenges to market growth?
- Who are the key players in the Heparin Market?
- What are the market opportunities and threats faced by the key players?
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