Title: Global Heparin Market Growth Forecast Analysis By Manufacturers - Reddy’s Laboratories Ltd., Fresenius SE & Co KGaA
1Global Heparin Market Growth is set to be driven
by the Increasing Geriatric Population
2- Heparin is an injectable anticoagulant
prescription medicine used to treat and prevent
the symptoms of blood clots caused by medical
conditions or medical procedures. Additionally,
it is utilized to make an anti-clotting surface
inside a variety of medical devices, including
test tubes and renal dialysis machines. - The Global Heparin Market is expected to grow at
a rate of 5 by 2026. The rising prevalence of
chronic diseases such as venous thromboembolism,
pulmonary embolism, renal diseases, and
cardiovascular disorders, increasing geriatric
population, high demand for anticoagulants,
growing application of heparin in various
surgeries such as orthopedic and heart surgeries,
and the expanding availability of synthetic and
semi-synthetic heparin mimetics that help in the
treatment of cancer, coagulation, and
inflammatory diseases are a few of the main
factors driving the global heparin market. - Increasing Usage of Heparin in Various
Applications Drives the Heparin Market - Anticoagulants work by decreasing the clotting
ability of the blood. It helps to prevent the
formation of clots as well as stop the further
expansion of any existing clots. As a result, it
may be used in a variety of applications,
including - Prevent or treat certain blood vessel, heart, and
lung conditions - Prevent blood clotting during open-heart surgery,
bypass surgery, kidney dialysis, and blood
transfusions - Prevention of deep vein thrombosis
- Prevention of a blood clot following percutaneous
coronary intervention
3Growing Adoption of Low Molecular Weight
Unfractionated Heparin Over Heparin to Prevent
Deep Vein Thrombosis or Pulmonary Embolism Fuels
the Demand Low-molecular-weight heparins have
several advantages over UFH that have led to
their increasing use for several thromboembolic
indications such as deep vein thrombosis (DVT)
and pulmonary embolism (PE) as well as atrial
fibrillation (AF). In comparison to heparin, LMWH
provides better bioavailability and a longer
half-life, streamlined dose, predictable
anticoagulant response, a reduced risk of
heparin-induced thrombocytopenia (HIT), and a
reduced risk of osteoporosis. Explore Premium
Report on Heparin Market _at_ https//meditechinsight
s.com/global-heparin-market/ The Potential Role
of Heparin in Covid-19 Patients Boosts the
Heparin Market Growth Many patients with COVID-19
develop a clinically significant coagulopathy.
COVID-19 infections can lead to an increased risk
of blood clots. These blood clots can lead to
individuals being admitted to hospital, or,
unfortunately in severe cases, death. Similarly,
patients with COVID-19 are at high risk for
developing clinically significant large-vessel
thrombosis. Thus, early usage of anticoagulation
may reduce the risk of coagulopathy,
microthrombus formation, and organ damage. Key
Challenges/ Constraints Heparin Market The main
factors limiting the market's growth are the side
effects associated to the usage of heparin drugs
and the availability of another anticoagulant on
the market.
4- North America Holds the Largest Market Share but
APAC is Set to Witness Strongest Growth - North America holds the largest market share of
the heparin market followed by Europe and the
Asia Pacific. This can be primarily attributed to
the high burden of chronic diseases, the presence
of advanced and robust healthcare infrastructure,
increasing demand for heparin in various
surgeries, and rising incidences of
cardiovascular disorders in the region. - Companies Adopt both Organic Inorganic Growth
Strategies to Increase their Market Share - Players operating in the heparin market are
adopting organic and inorganic growth strategies
such as collaborations, acquisitions, and
expansions to garner market share. - For instance,
- In February 2022, Techdow USA Inc. announced the
launch of its Heparin Sodium Injection, USP in
the United States market - In January 2022, Ohio-based biotechnology
company Optimvia Pharmaceuticals announced the
development of a synthetic method for creating
large quantities of heparin, which is used to
make a common blood thinner at a reasonable price
5Competitive Landscape Analysis of Heparin
Market The global heparin market is marked by the
presence of established key players such as
Baxter International Inc., B. Braun Holding GmbH
Co. KG, Dr. Reddys Laboratories Ltd., and
Fresenius SE Co KGaA among others. For More
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