The heparin market is expected to grow moderately during this pandemic period due to the use of low molecular weight heparin during COVID-19 treatment.
PORTLAND, Oregon, US, January 12, 2022 /EINPresswire.com/ — Study presents imminent revenue forecast, according to the report “Heparin Market: Global Opportunity Analysis and Industry Forecast, 2021-2028” published by Allied Market Research Coupled with the impending market trends and opportunities of the industry for years. Apart from this, the study also makes various logical tables and graphs to identify the complexities of the market. A complete and comprehensive assessment of the aspects driving and controlling the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation helps the market players to define the prevailing opportunities that are unfolding at large.
The global heparin market size was estimated to be $6,535 million in 2020, and is projected to reach $11,015 million by 2028, registering a CAGR of 6.6% from 2021 to 2028. Heparin is a glycosaminoglycan that occurs naturally. It is used in medicine (blood thinners) as an anticoagulant. It is particularly useful in the treatment of heart attacks and unstable angina. It is injected into a vein or injected under the skin. It is used to treat a variety of health problems such as acute coronary syndrome, deep vein thrombosis, pulmonary embolism, and atrial fibrillation, as well as during heart surgery to perform cardiopulmonary bypass and hemofiltration.
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The global heparin market has been segmented into product, application, distribution channel, and region. On the basis of product, the market has been segmented into heparin, low molecular weight heparin (LMWH), and ultra-low molecular weight heparin (ULMWH). By application, it is classified into venous thromboembolism, atrial fibrillation, coronary artery disease, and others. By distribution channel, it is segmented into hospital pharmacy, drug store and retail pharmacy, and online pharmacy. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.
Asia-Pacific is expected to exhibit the fastest growth rate during the forecast period, owing to continued expansion of healthcare infrastructure, presence of untapped resources, economic growth and increasing initiatives by private and public organizations to develop heparin. are expected to run. Markets in emerging countries in the Asia-Pacific.
The outbreak of COVID-19 has disrupted the workflow in the healthcare sector across the world. The disease has forced many industries to temporarily close their doors, including several sub-sectors of health care. However, there has also been a positive impact and growth in the demand for various medical services, including heparin. During the COVID-19 pandemic, a large number of patients suffer from coronavirus, which is associated with respiratory diseases. As a result, there has been an increased demand for heparin as it helps control respiratory inflation and thin the blood of people at risk of blood clots. Low molecular weight heparins are anticoagulant drugs that are well tolerated and have few side effects. All patients hospitalized with (suspected) COVID-19 are treated with prophylactic-dose low-molecular-weight heparin, regardless of risk rating.
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Key benefits for stakeholders:
• The study provides an in-depth analysis of the global Heparin market along with current trends and future projections to explain the impending investment pockets.
• The report provides a comprehensive analysis of the factors driving and restricting the growth of the Heparin market.
• Comprehensive quantitative analysis of the industry from 2020 to 2028 is provided to enable stakeholders to capitalize on the prevailing heparin market opportunities.
• Comprehensive analysis of key industry segments helps to understand the application and products of Heparin used across the world.
• Major market players and their strategies have been analyzed to understand the competitive outlook of the market.
The research provides a comprehensive analysis of the major players operating in the global heparin market which include Baxter International Inc., B. Brown Holding GmbH & Co. KG, Dr. Reddy’s Laboratories Ltd., Fresenius SE & Co. KGAA, Hebei Changshan Biochemical Pharmaceutical Company. , Ltd., Leo Pharma A/S, Pfizer Inc., Sanofi SA, Teva Pharmaceuticals, and Viatris Inc.
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