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Heparin Market Size

Report ID: GMI4837 Published Date: February 2022Report Format: PDF
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Heparin Market Size

Heparin Market size was worth over USD 4.8 billion in 2022. Driven by the high prevalence rate of chronic disorders globally, the industry could grow at over 2.5% CAGR from 2023 to 2032.

 

Heparin Market

Surging occurrence of chronic disorders such as coronary artery disease, thromboembolism, and others that result in blood clot formation has increased the need for heparin. As per CDC, in 2021, 2 in every 10 mortalities from coronary artery disease occurred in adults below the age of 65 years. Moreover, the growing demand for anticoagulants in hemodialysis, open heart surgery, and other interventional procedures will create ample opportunities for industry expansion.

Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

What is the heparin market worth?+

In 2022, the heparin industry size was valued at more than USD 4.8 billion in 2022 and will grow at over 2.5% CAGR from 2023 to 2032, attributed to the growing occurrence of chronic disorders globally.

What is increasing the demand for low molecular weight heparin?+

The low molecular weight heparin industry was worth over USD 4.2 billion in 2022, owing to the rising prevalence of deep vein thrombosis.

Which are the leading companies in the heparin industry?+

Major heparin industry players include Amphastar, Leo Pharma, Rovi, Sanofi, Changzhou Qianhong Biopharma, Pfizer, Shenzhen Hepalink, and Nanjing King-Friend Biochemical Pharmaceutical, among others.

What factors will contribute to the growth of the heparin industry in Europe?+

Europe heparin market held more than 58.5% market share in 2022, on account of the surging prevalence of venous thromboembolism, ischemic heart disease, and other cardiovascular diseases that lead to blood clot formation in the region.

Heparin Market Scope

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