Heparin Market: Impact of COVID-19 and Recovery Forecasts (2023-2029)


Posted July 20, 2023 by supriyamaximize

Heparin Market has valued at US$ 7.23 Bn in 2022. The Heparin Market size is estimated to grow at a CAGR of 1.6% over the forecast period.

 
Heparin Market Overview

Maximize Market Research, a global market research firm, provides an in-depth analysis of the"Heparin Market. The report includes insights into the market size, growth rate, drivers, restraints, challenges, and opportunities for the Heparin industry.

Heparin Market Scope and Research Methodology:

The Heparin Market Analysis is based on both primary and secondary research techniques. Primary research involved direct data acquisition from the marketplace through surveys, interviews, and market observations. Secondary research gathered information from published sources such as news stories, company websites, and industry studies.

The competition within the industry, including market leaders, imitators, and newcomers, was thoroughly studied. The key figures obtained from the Heparin analysis were confirmed and verified through extensive primary research. Market statistics calculations, including market engineering, market forecasting, market breakdown, and data triangulation, were conducted. Secondary data was collected from the company's annual reports, articles, paid and free databases, etc.

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Heparin Market Regional Insights:

The research offers a comprehensive examination of growth factors, obstacles, outlook, and the competitive environment in various regions, including North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also highlights the top countries in each region and projects their respective markets.

Heparin Market Segmentation:

The market is segmented based on the following criteria:

Based on type, Because of the substance's more predictable anticoagulant impact, the low molecular weight category accounted for the largest market share for heparin. According to a report published in NEJM Journal Watch, the low prevalence of heparin-induced thrombocytopenia contributes to the segment's rise. During the projection period, it is predicted that the market for ultra-low molecular weight heparin would grow as a result of the introduction of products with improved pharmacological properties. The market segment with the largest share was LMWH. The high cost of this product, its widespread use in developed markets, and its superior level of safety compared to other product types all contribute to the segment's dominance. The drugs Fragmin, Lovenox, and Innohep are essential.

The major players have also been focusing on developing and releasing fresh LMWH goods on the global market. For instance, Valeo Pharma Inc. stated in November 2019 that a new drug submission for an LMWH biosimilar that they submitted has been authorized for assessment by Health Canada. Because of the trend toward the usage of LMWH and concerns regarding the safety profiles of this product class, the UFH category is anticipated to have a lower market share during the projection period.

Based on the Route of Administration, Because low molecular weight heparin is typically injected beneath the skin, the subcutaneous injection segment is predicted to dominate the market based on Route of Administration. These products are often more expensive when compared to alternative product choices. During the projected period, the intravenous infusion market is anticipated to grow more slowly. It includes a number of popular UFH medicines that can be administered intravenously.

Global Heparin Market Size, by Product Type (2022-2029)
• Unfractionated Heparin (UFH)
• Low Molecular Weight Heparin (LMWH)
Global Heparin Market Size, by End User (2022-2029)
• Hospitals & ASCs
• Clinics
• Others
Global Heparin Market Size, by Route of Administration (2022-2029)
• Intravenous Infusion
• Subcutaneous Injection

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Heparin Market Key Players:

The key players in the Heparin Market include:

1. Baxter International Inc. (US)
2. B. Braun Holding GmbH & Co. KG (Germany)
3. Dr. Reddy’s Laboratories Ltd (India)
4. Fresenius SE & Co KGaA (Germany)
5. Hebei Changshan Biochemical Pharmaceutical Co. Ltd (China)
6. Leo Pharma A/S (Denmark)
7. Pfizer Inc. (NY, US)
8. Sanofi S.A. (Paris, France)
9. Teva Pharmaceuticals (Israel)
10.Viatris Inc. (US)
11.Amphastar (US)
12.Sanofi (France)
13.Rovi (Spain)
14.Shenzhen Hepalink (China)

COVID-19 Impact Analysis on Heparin Market:

Practically every industry has been hit by the unprecedented global public health disaster known as COVID-19, and the long-term effects are anticipated to have an impact on industry growth for the duration of the forecast period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The updated research includes new information, analysis, projections, and predictions based on COVID-19's impact on the market.

Heparin Market Key Inquiries Addressed:

What are Heparin?
What are the global trends in the Heparin Market?
What was the total market size of the Heparin in 2023?
What is the expected market size of the Heparin by 2029?
Who held the largest market share in the Heparin Market?
Who are the leading companies and what are their portfolios in the Heparin Market?
What are the major challenges that the Heparin Industry could face in the future?

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@ https://www.maximizemarketresearch.com/market-report/global-heparin-market/103436/

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Industrial Manipulator Market Size, Share, Size Forecast by different segment | 2023−2029
Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application, and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional players
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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Issued By Supriya
Country India
Categories Fitness , Health
Tags heparin market , digital health market
Last Updated July 20, 2023