The Global Heparin Market Is Witnessing High Growth Owing To the Increasing Prevalence of Cardiovascular Issues in the World
Market Overview:
Heparin is a commonly prescribed medication. It is a naturally occurring glycosaminoglycan used in the treatment of heart attacks and unstable angina. This substance is a type of anticoagulant and depends on the activity of the arteries to stop the blood clotting process. Heparins can affect both the activity and the amount of protein in the body. This makes heparin a useful anticoagulant. Heparin is a very potent anticoagulant. It can prevent blood clots and reduce bleeding, but it can be dangerous if taken in large amounts. To avoid this, users should always talk to the doctor before taking heparin. If patients develop a blood clot, it can be life-threatening, and they should not use heparin if they have this condition. Heparin should not be taken two times in a row. This can cause major bleeding.
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Competitive Landscape:
Major players operating in the global heparin market include Viatris Inc., Teva Pharmaceuticals, Sanofi S.A, Pfizer Inc., Leo Pharma A/S, Hebei Changshan Biochemical Pharmaceutical Co., Ltd., Fresenius SE & Co KGaA, Dr. Reddy’s Laboratories Ltd., B. Braun Holding GmbH & Co. KG, and Baxter International Inc.
Key Market Drivers:
The increasing prevalence of heart diseases in the world is expected to drive the growth of the global heparin market. For instance, according to World Health Organization reports, around 7.9 million individuals died from heart issues in 2019. If anyone is planning to travel with a heparin-infused catheter, make sure to follow the instructions carefully. If they don’t know how to use it, they should ask the healthcare provider for more information. For instance, if they have recently had major surgery, they might need to undergo radiation. Heparin is very effective in preventing blood clots in an intravenous catheter. For this, patients should take the medication in the morning, before bedtime, and before sleeping. If they take it at night, they should make sure to flush the catheter after they have had the treatment. Increasing product launches by key market players are estimated to create traction in the global heparin market.
Covid-19 Impact Analysis:
The outbreak of the ongoing COVID-19 pandemic has impacted the workflow in the global healthcare sector. The issues have made several sectors close down. There also has been a positive impact and surge in requirement for several clinical services, including heparin. All these factors negatively affected the growth of the global heparin market
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Key Takeaways:
- The size of the global heparin market is assessed to increase at a CAGR of 6.6%, owing to the increasing launch of new products in the world. For instance, in December 2020, Health Canada approved Valeo Pharma Inc.’s products Redesca HP and Redesca.
- North America is expected to dominate the growth of the global heparin market, owing to the increasing prevalence of cardiovascular issues in the region. For instance, according to the Centers for Disease Control and Prevention, around 805,000 individuals in the U.S. suffer from a heart attacks.
- The Asia Pacific is estimated to witness high growth in the global heparin market, owing to the increasing prevalence of pharmaceutical manufacturers in the region. Moreover, the expansion of key market players in the region is also expected to drive the market.
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Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Dosage Form
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Overview
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Key Developments
- Pipeline Analysis
- Supply Chain Analysis
- Regulatory Landscape
- Epidemiology Analysis
- Global Heparin Market, By Product Type, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Unfractionated Heparin (UH)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Low Molecular Weight Heparin (LMWH)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Ultra-low Molecular Weight Heparin (ULMW)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global Heparin Market, By Dosage Form, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Injection
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Solution
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global Heparin Market, By Region, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, By Region, 2016 – 2026
- Regional Trends
- North America
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- U.S.
- Canada
- Europe
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- China
- Japan
- India
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Africa
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- Northern Africa
- Central Africa
- South Africa
- Middle East
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Dosage Form, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- GCC Countries
- Israel
- Rest of Middle East
- Introduction
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