Global Heparin Market Projected to Reach USD 9.68 billion
From GlobeNewswire: 2025-05-29 09:10:00
The global Heparin Market was valued at USD 7.35 billion in 2023 and is projected to reach USD 9.68 billion by 2032, growing at a CAGR of 3.56%. Factors driving this growth include an aging population, increased use of LMWH, and improved drug development strategies. U.S. market is expected to rise to USD 3.18 billion by 2032 with a CAGR of 3.08%.
North America led the market in 2024 with a 39.5% share due to well-established healthcare infrastructure and high cardiovascular disease rates. Asia-Pacific is expected to see the strongest growth due to an aging population, increased lifestyle diseases, and regulatory reforms. China and India are attracting international drug companies with cost-effective manufacturing.
In 2024, LMWH dominated the market with a 62.4% share due to its safety profile and efficacy in preventing DVT and PE. Subcutaneous injection held 68.2% of the market, preferred for its convenience and safety. Coronary artery disease accounted for 26.2% of the market, driven by the global burden of cardiovascular diseases.
Outpatient care held 71.08% of the market in 2024, reflecting a growing trend towards ambulatory and home-based treatment models. Companies operating in the heparin market include Pfizer, Sanofi, Baxter International, and Teva Pharmaceutical. The market analysis report includes insights on market segmentation, regional analysis, and key players in the industry. 1. The stock market saw a significant increase today, with the S&P 500 reaching a new all-time high. Analysts attribute this surge to positive economic data and strong corporate earnings reports. The Dow Jones Industrial Average also experienced gains, closing at a record high.
2. A new study revealed that over 70% of Americans are planning to travel this summer, marking a significant increase from last year. The top destinations include popular beach towns and national parks. Experts predict a boost for the travel industry as restrictions continue to ease.
3. The latest unemployment report showed a decrease in jobless claims, with the number falling to its lowest level since the start of the pandemic. This positive trend indicates a strengthening economy and increased hiring opportunities for Americans. The hospitality and leisure sectors saw the most significant job growth.
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