Heparinoid Market Trends Highlighting Increasing Use in Anticoagulant Therapy and Surgical Procedures

Global Heparinoid Market Size is valued at USD 1.2 Billion in 2024 and is predicted to reach USD 1.7 Billion by the year 2034 at a 3.6% CAGR during the forecast period for 2025-2034.

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Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global Heparinoid market are:
• Rising Prevalence Of Chronic Diseases Fueling The Heparin Market
• Growing Popularity of Heparin Alternatives
• The Surge In Surgical Procedures Fuels Growth In The Heparin Market

The following are the primary obstacles to the Heparinoid market's expansion:
• Shortage of Raw Materials and Safety Concerns
• Lack of Raw Materials and Increased Prices
• High risk of side effects

Future expansion opportunities for the global Heparinoid market include:
• Robust Adoption of the Product in Various Applications
• Increasing R&D Initiatives for Synthetic Heparin to Escalate Trade Openings
• Product Advancements Driving Growth In The Heparin Market

Key Industry Insights & Findings from the report:
• Heparinoids are increasingly being used in a variety of medical therapies, including pre-surgical anticoagulant therapy and DVT prophylaxis. Heparinoid-based formulations are also becoming popular since they have a reduced risk of bleeding problems than other anticoagulants.
• High prevalence and great clinical demand for efficient anticoagulant treatment, Atrial fibrillation, a common cardiac arrhythmia, dramatically raises the risk of stroke, necessitating the use of anticoagulants such heparin to avoid thromboembolic events.
• North America led the market due to greater patient awareness, a high disease burden, active government initiatives, technology advances, and improvements in healthcare infrastructure.
• Long-term usage of Heparinoids may result in adverse consequences. Although they are typically regarded as safe, they might produce problems like as hemorrhage, thrombocytopenia, and allergic responses. These side effects may dissuade patients and healthcare professionals from choosing Heparinoid-based therapy.

Market Analysis:
The Heparinoid market is experiencing rapid growth, driven by its diverse applications in healthcare, particularly for the treatment of thrombosis, pulmonary embolism, and other coagulation disorders. Derived from heparin, a naturally occurring anticoagulant, heparinoids are incorporated into various pharmaceutical formulations for therapeutic use. The rising prevalence of cardiovascular diseases, coupled with the expanding aging population, is fueling the demand for heparin-based treatments.

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List of Prominent Players in the Heparinoid Market:
• Merck KGaA
• SEIKAGAKU CORPORATION
• TSI Group Ltd.
• Synutra Pure, Ltd.
• Bioiberica S.A.U.
• Kala Health Inc.
• Beloorbayir Biotech Ltd
• Sichuan Biosyn Pharmaceutical Co., Ltd
• Seikagaku Corporation
• Jiaxing Hengjie Bio-pharmaceutical LLC
• Wright Health
• Bioiberica
• Manus Aktteva Biopharma
• Pfizer
• Hepac

Recent Developments:
• In December 2024, Dongying Tiandong Pharmaceutical revealed that they had filed a patent application for a technique for evaluating the dope content of bovine lung heparin in pig gut mucosa heparin.
• In November 2024, Bristol Myers Squibb announces that results from their cardiovascular pipeline will be presented at the American Heart Association Annual Scientific Sessions.
• In February 2024, B. Braun Inc., a renowned business in smart infusion treatment, introduced 2000 units of heparin in 0.9% sodium chloride injections.
• In February 2024, Roche released three coagulation tests for oral Factor Xa inhibitors (apixaban, edoxaban, and rivaroxaban) in European nations with the CE mark.

Heparinoid Market Dynamics:
Market Drivers: Increasing Prevalence of Chronic Diseases Stimulating Heparin Demand
The growing prevalence of chronic diseases is a significant driver of the heparin market. Chronic diseases, which are long-lasting and often require continuous medical care or specialized treatment, are becoming more prevalent due to lifestyle changes, poor dietary habits, and inadequate weight management. In addition, certain chronic conditions, including diabetes, increase the risk of complications such as cancer. This rise in chronic disease cases has heightened the demand for heparin, which is commonly utilized in blood-thinning treatments during surgeries and other medical procedures. For instance, the World Health Organization (WHO) reported in April 2023 that approximately 537 million individuals worldwide, aged 20-79, are living with diabetes, with projections indicating this number will rise to 643 million by 2030 and 783 million by 2045. Consequently, the increasing incidence of chronic diseases is expected to further drive the demand for heparin-based therapies.

Challenges: Raw Material Shortages and Safety Concerns
A significant challenge facing the heparin market is the limited availability of raw materials. The majority of Unfractionated Heparin (UFH) and Low Molecular Weight Heparin (LMWH) are derived from pork, with China being the largest producer of pork globally. However, outbreaks of African Swine Fever (ASF) in China have led to widespread culling of pigs, resulting in a shortage of raw materials for heparin production. In 2022, the European Animal Disease Information System (ADIS) reported 81 ASF outbreaks among domestic pigs in Europe, signaling the ongoing spread of the disease. These outbreaks have had serious implications for the pork supply chain, affecting the availability of key resources needed for heparin production, thus presenting challenges for the market.

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North America Is Expected To Grow With the Highest CAGR During The Forecast Period
North America dominated the market, owing to increased patient awareness, a high illness burden, aggressive government actions, technological breakthroughs, and improvements in healthcare infrastructure. The presence of important companies in this area is a crucial factor driving market expansion. According to a CDC report released in May 2023, the prevalence of heart disease is the main cause of mortality in the United States, accounting for one death every 33 seconds and serving as a substantial market driver. The increased prevalence of CVD emphasizes the critical significance of heparin, a major anticoagulant, in controlling and treating cardiovascular diseases, adding to the market's continuous demand.

Segmentation of Heparinoid Market-
By Raw Material-
• Chondroitin Sulphates
• Dermatan Sulphate
• Heparitin Sulphate
By Application-
• Pharmaceutical
• Dietary Supplements
• Sports Nutrition
• Animal Feed
• Others
By Dosage Form
• Powder
• Capsule
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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This release was published on openPR.