NEW YORK, Sept. 21, 2021 /PRNewswire/ -- The global heparin market is poised to grow by USD 2.29 billion during 2021-2025, progressing at a CAGR of about 6% during the forecast period, according to Technavio. The report offers an up-to-date analysis of the growth variance and the Y-O-Y growth rate.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aspen Pharmacare Holdings Ltd., Baxter International Inc., Eisai Co. Ltd., Fresenius SE and Co. KGaA, Hikma Pharmaceuticals Plc, Laboratorios Farmaceuticos Rovi SA, Nanjing Kingfriend Biochemical Pharmaceutical Co. Ltd., Pfizer Inc., Sanofi SA, and Viatris Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing prevalence of coagulation disorders has been instrumental in driving the growth of the market. However, the side effects of heparin might hamper market growth.
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Heparin Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our heparin market report covers the following areas:
Heparin Market size
Heparin Market trends
Heparin Market industry analysis
This study identifies the reintroduction of alternative sources to produce heparin as one of the prime reasons driving the heparin market growth during the next few years.
Heparin Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Heparin Market. Backed with competitive intelligence and benchmarking, our research reports on the Heparin Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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