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The global Heparin Calcium Market projected to exhibit steady growth over the forecast period 2022 to 2030

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samruddhicmi123
The global Heparin Calcium Market projected to exhibit steady growth over the forecast period 2022 to 2030

The Global Heparin Calcium Market is estimated to be valued at US$ 1,370.9 Mn in  and is expected to exhibit a CAGR of 2.7% over the forecast period 2022 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Heparin calcium is an anticoagulant drug extracted from porcine intestinal or bovine lung tissue mucosa. It is used to prevent and treat deep vein thrombosis and pulmonary embolism. As an anticoagulant, Heparin calcium plays a vital role in cardiac and vascular surgery where blood needs to be kept fluid. It acts as an antithrombotic by selectively enhancing the endogenous anticoagulant activity of antithrombin.

Market key trends:

One of the key trends in the heparin calcium market is the increased use of low molecular weight heparin. Low molecular weight heparins have better bioavailability and longer half-life compared to unfractionated heparin. They produce more predictable dose-response relationships, allowing for once or twice daily dosing. Some of the widely used low molecular weight heparins include enoxaparin, dalteparin, nadroparin and tinzaparin. Growing preference for these products over unfractionated heparin is expected to drive market growth over the forecast period.

Segment Analysis

The global heparin calcium market is dominated by the injectable segment, accounting for over 60% share in 2021. The injectable form of heparin calcium provides rapid action since it is administered directly into the bloodstream. It is widely used in hospitals for procedures such as surgeries requiring anticoagulation. The oral segment is expected to witness high growth during the forecast period due to the rising demand for cost-effective oral anticoagulants with better patient compliance.

Key Takeaways

The Global Heparin Calcium Market size was valued at US$ 1,370.9 Mn in 2022 and is expected to reach US$ 1,759.9 Mn by 2030, expanding at a CAGR of 2.7% during the forecast period. Increasing prevalence of venous thromboembolism and rising number of surgical procedures are some of the key factors driving the market.

The North America region currently dominates the global market and is expected to continue its dominance over the forecast period. This is attributed to the rising geriatric population, growing research & development activities, and increasing incidents of cardiovascular diseases in the region.

Key players operating in the heparin calcium market are Sanofi, Pfizer Inc., Dongying Tiandong Pharmaceutical Co., Ltd., PANPHARMA S.A., Merck KGaA, Teva Pharmaceutical Industries Ltd., SMITHFIELD BIOSCIENCE, Afine Chemicals Limited, Yino Pharma Limited, Shandong Sheelian Pharmaceutical Co., Ltd., Aspen Holdings, Opocrin S.p.A. Sanofi and Pfizer Inc occupy a major market share owing to their diverse product portfolio and strong geographical presence across the globe.


Read More - https://www.marketwebjournal.com/global-heparin-calcium-market-share/

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