
Global Heparin Market Size, Trends, & Growth Opportunity, By Product Type, By Application, By Distribution Channel, By Route of Administration, By Source, By Region and Forecast till 2027.
Description
Global Heparin Market Size, Trends, & Growth Opportunity, By Product Type, By Application, By Distribution Channel, By Route of Administration, By Source, By Region and forecast till 2027.
Global Heparin Market
Global Heparin Market is expected to grow from USD 9.38 billion in 2021 to USD 10.6 billion in 2027 at a CAGR of 3.2% from 2022-2027.
Heparin, also called as unfractionated heparin (UFH), is a glycosaminoglycan which occurs naturally. It is used as an anticoagulant in medicine (blood thinner). It is chiefly used for the treatment of heart attacks and unstable angina. It is injected into the vein or under the skin. Heparin also used to treat various health issues such as acute coronary syndrome, deep vein thrombosis, pulmonary embolism, and atrial fibrillation, as well as cardiopulmonary bypass and hemofiltration during cardiac surgery. Moreover, heparin is administered in major orthopedic surgeries such as hip and knee replacement.
Market Drivers
The Growing incidence of venous thrombosis and cardiovascular diseases is the key component which drives the growth of The Global Heparin Market. Additionally, implementation of heparin in variety of surgeries such as orthopedic and heart surgeries, and increase in number of patients go through such surgeries further boost the growth of heparin market. Also, the availability of synthetic and semi-synthetic heparin derivative which helps to trat cancer, coagulation and inflammatory diseases is anticipated to impart profitable opportunity for heparin usage. Rise in government support for health infrastructure development and comprehensive R&D activities to grow heparin with improved therapeutic potential and less side effects, drive the growth of heparin market.
Market Restraints
Lots of adverse side effect associated with heparin and presence of variety of coagulant in the market may impede the growth of the heparin market. Increasing concern about deficiency of raw material for the manufacturing of porcine based type of heparin are the elements affecting the growth of the heparin market. At the time of lockdown, there was insufficiency of raw material, that was the biggest challenge for the heparin market.
Market Segmentation
The Global Heparin Market is segmented into Product Type, Application, Distribution Channel, Route of Administration, Source. By Product Type such as Unfractionated Heparin (UFH), Low Molecular Weight Heparin (LMWH), Ultra-Molecular Heparin. By Application such as Venous Thromboembolism, Atrial fibrillation, Renal Impairment, Coronary Artery Disease, Others. By Distribution Channel such as Hospital Pharmacies, Drug Stores & Retail Pharmacies, Online Pharmacies. By Route of Administration such as Intravenous Infusion, Subcutaneous Injection. By Source such as Bovine, Porcine.
Regional Analysis
The Global Heparin Market is segmented into five regions such as North America, Europe, Asia Pacific, Latin America, and MEA. North America influences the market and accounted for largest profit share in 2021 owing to increase in cardiovascular disorders and injuries. Also, rising healthcare expenditure level, and increasing patient awareness in this region are the components that can responsible for the region’s high share. In the Asia Pacific, market is expected to witness rapid growth rate during the forecast period. The increasing geriatric population, large population with
chronic disease, and rising economies are some of the primary elements driving the growth of heparin market in this region.
Key Players
Key companies across the Global Heparin Market includes Pfizer Inc., LEO Pharma A/S, Dr. Reddy’s, Laboratories Ltd., GlaxoSmithKline plc, Sanofi, Aspen Holdings, Fresenius SE & Co. KGaA, B. Braun Medical, Inc., Sandoz (Novartis AG)
Market Taxonomy
By Product
Global Heparin Market
Global Heparin Market is expected to grow from USD 9.38 billion in 2021 to USD 10.6 billion in 2027 at a CAGR of 3.2% from 2022-2027.
Heparin, also called as unfractionated heparin (UFH), is a glycosaminoglycan which occurs naturally. It is used as an anticoagulant in medicine (blood thinner). It is chiefly used for the treatment of heart attacks and unstable angina. It is injected into the vein or under the skin. Heparin also used to treat various health issues such as acute coronary syndrome, deep vein thrombosis, pulmonary embolism, and atrial fibrillation, as well as cardiopulmonary bypass and hemofiltration during cardiac surgery. Moreover, heparin is administered in major orthopedic surgeries such as hip and knee replacement.
Market Drivers
The Growing incidence of venous thrombosis and cardiovascular diseases is the key component which drives the growth of The Global Heparin Market. Additionally, implementation of heparin in variety of surgeries such as orthopedic and heart surgeries, and increase in number of patients go through such surgeries further boost the growth of heparin market. Also, the availability of synthetic and semi-synthetic heparin derivative which helps to trat cancer, coagulation and inflammatory diseases is anticipated to impart profitable opportunity for heparin usage. Rise in government support for health infrastructure development and comprehensive R&D activities to grow heparin with improved therapeutic potential and less side effects, drive the growth of heparin market.
Market Restraints
Lots of adverse side effect associated with heparin and presence of variety of coagulant in the market may impede the growth of the heparin market. Increasing concern about deficiency of raw material for the manufacturing of porcine based type of heparin are the elements affecting the growth of the heparin market. At the time of lockdown, there was insufficiency of raw material, that was the biggest challenge for the heparin market.
Market Segmentation
The Global Heparin Market is segmented into Product Type, Application, Distribution Channel, Route of Administration, Source. By Product Type such as Unfractionated Heparin (UFH), Low Molecular Weight Heparin (LMWH), Ultra-Molecular Heparin. By Application such as Venous Thromboembolism, Atrial fibrillation, Renal Impairment, Coronary Artery Disease, Others. By Distribution Channel such as Hospital Pharmacies, Drug Stores & Retail Pharmacies, Online Pharmacies. By Route of Administration such as Intravenous Infusion, Subcutaneous Injection. By Source such as Bovine, Porcine.
Regional Analysis
The Global Heparin Market is segmented into five regions such as North America, Europe, Asia Pacific, Latin America, and MEA. North America influences the market and accounted for largest profit share in 2021 owing to increase in cardiovascular disorders and injuries. Also, rising healthcare expenditure level, and increasing patient awareness in this region are the components that can responsible for the region’s high share. In the Asia Pacific, market is expected to witness rapid growth rate during the forecast period. The increasing geriatric population, large population with
chronic disease, and rising economies are some of the primary elements driving the growth of heparin market in this region.
Key Players
Key companies across the Global Heparin Market includes Pfizer Inc., LEO Pharma A/S, Dr. Reddy’s, Laboratories Ltd., GlaxoSmithKline plc, Sanofi, Aspen Holdings, Fresenius SE & Co. KGaA, B. Braun Medical, Inc., Sandoz (Novartis AG)
Market Taxonomy
By Product
- Unfractionated Heparin (UFH)
- Low Molecular Weight Heparin (LMWH)
- Ultra-Molecular Heparin.
- Venous Thromboembolism
- Atrial Fibrillation
- Renal Impairment
- Coronary Artery Disease
- Others.
- Hospital Pharmacies
- Drug Stores & Retail Pharmacies
- Online Pharmacies
- Intravenous Infusion
- Subcutaneous Injection
- Bovine
- Porcine.
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Contents
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Heparin Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Heparin Market, By Product
- 5.1 Y-o-Y Growth Comparison, By Product
- 5.2 Global Heparin Market Share Analysis, By Product
- 5.3 Global Heparin Market Size and Forecast, By Product
- 5.3.1 Unfractionated Heparin (UFH)
- 5.3.2 Low Molecular Weight Heparin (LMWH)
- 5.3.3 Ultra-Molecular Heparin.
- 6 Global Heparin Market, By Application
- 6.1 Y-o-Y Growth Comparison, By Application
- 6.2 Global Heparin Market Share Analysis, By Application
- 6.3 Global Heparin Market Size and Forecast, By Application
- 6.3. 1 Venous Thromboembolism
- 6.3.2 Atrial Fibrillation
- 6.3.3 Renal Impairment
- 6.3.4 coronary artery disease
- 6.3.5 Others.
- 7 Global Heparin Market, By Distribution Channel
- 7.1 Y-o-Y Growth Comparison, By Distribution Channel
- 7.2 Global Heparin Market Share Analysis, By Distribution Channel
- 7.3 Global Heparin Market Size and Forecast, By Distribution Channel
- 7.3.1 Hospital Pharmacies
- 7.3.2 Drug Stores & Retail Pharmacies
- 7.3.3 Online Pharmacies
- 8 Global Heparin Market, By Route of Administration
- 8.1 Y-o-Y Growth Comparison, By Route of Administration
- 8.2 Global Heparin Market Share Analysis, By Route of Administration
- 8.3 Global Heparin Market Size and Forecast, By Route of Administration
- 8.3.1 Intravenous Infusion
- 8.3.2 Subcutaneous Injection
- 9 Global Heparin Market, By Source
- 9.1 Y-o-Y Growth Comparison, By Source
- 9.2 Global Heparin Market Share Analysis, By Source
- 9.3 Global Heparin Market Size and Forecast, By Source
- 9.3.1 Bovine
- 9.3.2 Porcine
- 10 Global Heparin Market, By Region
- 10.1 Global Heparin Market Share Analysis, By Region
- 10.2 Global Heparin Market Share Analysis, By Region
- 10.3 Global Heparin Market Size and Forecast, By Region
- 11 North America Heparin Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 North America Heparin Market Share Analysis, By Product
- 11.3 North America Heparin Market Size and Forecast, By Application
- 11.4 North America Heparin Market Size and Forecast, By Distribution Channel
- 11.5 North America Heparin Market Size and Forecast, By Route of Administration
- 11.6 North America Heparin Market Size and Forecast, By Source
- 11.7 North America Heparin Market Size and Forecast, By Country
- 11.7.1 U.S.
- 11.7.2 Canada
- 11.7.3 Mexico
- 12 Europe Heparin Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Europe Heparin Market Share Analysis, By Product
- 12.3 Europe Heparin Market Size and Forecast, By Application
- 12.4 Europe Heparin Market Size and Forecast, By Distribution Channel
- 12.5 Europe Heparin Market Size and Forecast, By Route of Administration
- 12.6 Europe Heparin Market Size and Forecast, By Source
- 12.7 Europe Heparin Market Size and Forecast, By Country
- 12.7.1 Germany
- 12.7.2 France
- 12.7.3 UK
- 12.7.4. Rest of Europe
- 13 Asia Pacific Heparin Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Asia Pacific Heparin Market Share Analysis, By Product
- 13.3 Asia Pacific Heparin Market Size and Forecast, By Application
- 13.4 Asia Pacific Heparin Market Size and Forecast, By Distribution Channel
- 13.5 Asia Pacific Heparin Market Size and Forecast, By Route of Administration
- 13.6 Asia Pacific Heparin Market Size and Forecast, By Source
- 13.7 Asia Pacific Heparin Market Size and Forecast, By Country
- 13.7.1 China
- 13.7.2 Japan
- 13.7.3 India
- 13.7.4. Rest of Asia Pacific
- 14 Latin America Heparin Market Analysis and Forecast (2022-2027)
- 14.1 Introduction
- 14.2 Latin America Heparin Market Share Analysis, By Product
- 14.3 Latin America Heparin Market Size and Forecast, By Application
- 14.4 Latin America Heparin Market Size and Forecast, By Distribution Channel
- 14.5 Latin America Heparin Market Size and Forecast, By Route of Administration
- 14.6 Latin America Heparin Market Size and Forecast, By Source
- 14.7 Latin America Heparin Market Size and Forecast, Country
- 14.7.1. Brazil
- 14.7.2. Rest of Latin America
- 15 Middle East Heparin Market Analysis and Forecast (2022-2027)
- 15.1 Introduction
- 15.2 Middle East Heparin Market Share Analysis, By Product
- 15.3 Middle East Heparin Market Size and Forecast, By Application
- 15.4 Middle East Heparin Market Size and Forecast, By Distribution Channel
- 15.5 Middle East Heparin Market Size and Forecast, By Route of Administration
- 15.6 Middle East Heparin Market Size and Forecast, By Source
- 15.7 Middle East Heparin Market Size and Forecast, By Country
- 15.7.1. Saudi Arabia
- 15.7.2. UAE
- 15.7.3. Egypt
- 15.7.4. Kuwait
- 15.7.5. South Africa
- 16 Competitive Analysis
- 16.1 Competition Dashboard
- 16.2 Market share Analysis of Top Vendors
- 16.3 Key Development Strategies
- 17 Company Profiles
- 17.1 Pfizer Inc
- 17.1.1 Overview
- 17.1.2 Offerings
- 17.1.3 Key Financials
- 17.1.4 Business Segment & Geographic Overview
- 17.1.5 Key Market Developments
- 17.1.6 Key Strategies
- 17.2 LEO Pharma A/S
- 17.2.1 Overview
- 17.2.2 Offerings
- 17.2.3 Key Financials
- 17.2.4 Business Segment & Geographic Overview
- 17.2.5 Key Market Developments
- 17.2.6 Key Strategies
- 17.3 Dr. Reddy’s Laboratories Ltd
- 17.3.1 Overview
- 17.3.2 Offerings
- 17.3.3 Key Financials
- 17.3.4 Business Segment & Geographic Overview
- 17.3.5 Key Market Developments
- 17.3.6 Key Strategies
- 17.4 GlaxoSmithKline plc
- 17.4.1 Overview
- 17.4.2 Offerings
- 17.4.3 Key Financials
- 17.4.4 Business Segment & Geographic Overview
- 17.4.5 Key Market Developments
- 17.4.6 Key Strategies
- 17.5 Sanofi
- 17.5.1 Overview
- 17.5.2 Offerings
- 17.5.3 Key Financials
- 17.5.4 Business Segment & Geographic Overview
- 17.5.5 Key Market Developments
- 17.5.6 Key Strategies
- 17.6 Aspen Holdings
- 17.6.1 Overview
- 17.6.2 Offerings
- 17.6.3 Key Financials
- 17.6.4 Business Segment & Geographic Overview
- 17.6.5 Key Market Developments
- 17.6.6 Key Strategies
- 17.7 Fresenius SE & Co. KGaA
- 17.7.1 Overview
- 17.7.2 Offerings
- 17.7.3 Key Financials
- 17.7.4 Business Segment & Geographic Overview
- 17.7.5 Key Market Developments
- 17.7.6 Key Strategies
- 17.8 B. Braun Medical, Inc.
- 17.8.1 Overview
- 17.8.2 Offerings
- 17.8.3 Key Financials
- 17.8.4 Business Segment & Geographic Overview
- 17.8.5 Key Market Developments
- 17.8.6 Key Strategies
- 17.9 Sandoz (Novartis AG)
- 17.9.1 Overview
- 17.9.2 Offerings
- 17.9.3 Key Financials
- 17.9.4 Business Segment & Geographic Overview
- 17.9.5 Key Market Developments
- 17.9.6 Key Strategies
Pricing
Currency Rates
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