Product ID: SQMIG35H2166
Global Heparin Market Size, Share, Growth Analysis, By Route of Administration(Intravenous and Subcutaneous), By End Use(Outpatient and Inpatient) - Industry Forecast 2024-2031
Report ID:
SQMIG35H2166 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
59 |
Figures:
76
Global Heparin Market Insights
Global Heparin Market size was valued at USD 7.48 billion in 2022 and is poised to grow from USD 7.68 billion in 2023 to USD 9.51 billion by 2031, at a CAGR of 2.7% during the forecast period (2024-2031).
The FDA authorised the M-Enoxaparin medication from Momenta Pharmaceuticals, Inc. in August 2022. Together with Sandoz, the generics division of Novartis AG, Momenta is creating M-Enoxaparin, a generic version of lovenox with better technology. Additionally, it is given for major orthopaedic procedures like hip and knee replacement. The heparin market has recently seen new growth potential due to recent developments in heparin research that aim to produce ultra-low molecular weight heparin for use in chemotherapy. Heparin is used to treat a number of diseases and disorders, such as deep vein thrombosis, pulmonary embolism, acute coronary syndrome, atrial fibrillation, cardiopulmonary bypass, and hemofiltration during heart surgery. This gadget can be used to provide hip and knee replacements as well as other significant orthopaedic surgeries. Due to underlying causes including cardiovascular illness, the incidence of venous thrombosis is rising, which propels the growth of the global market. The market is also growing as a result of the increased use of heparin in a variety of surgical operations, including orthopaedic and heart surgeries, as well as the increase in people having these procedures. But the market's growth is constrained by a number of unfavourable heparin side effects, including thrombocytopenia caused by heparin. Further limiting factors include the fact that heparin is made from animal sources, which poses serious safety and availability issues.
Global Heparin Market Report Snapshots
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