Heparin Market (By Route of Administration: Intravenous, Subcutaneous; By Type: Low Molecular Weight Heparin, Ultra-low Molecular Weight Heparin, Unfractionated Heparin; By Packaging: Glass, Plastic; By Container: Bottles, Bags, Vials, Others; By Container: Bottles, Bags Vials, Others; By Therapeutics; By Treatment; By Availability; By Application; By Source; By Ingredients; By Strength; By End Use; By Distribution Channel) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2022-2030

The global heparin market size was estimated at US$ 10.1 billion in 2021 and it is expected to hit around US$ 14.6 billion by 2030, growing at a registered CAGR of 4.17% from 2022 to 2030.

Heparin Market Size 2021 to 2030

Growth Factors

One of the significant factors driving the growth of global heparin market is rising incidences of cardiovascular and venous thromboembolism. Deep vein thrombosis and pulmonary embolism harm around 900,000 people in the U.S. each year, as per the data published by the Centers for Disease Control and Prevention in 2018. This is expected to drive demand for heparin in the global market.

Another factor boosting the growth of global heparin market is rising geriatric population. The geriatric population is more vulnerable to various disorders such as orthopedic disorders and arthritis. In 2021, for example, it was anticipated that more over 350 million individuals worldwide had arthritis. As a result, the growing number of senior people suffering from orthopedic diseases drives up demand for surgical treatment, propelling the industry forward. Thus, this factor is supporting the growing demand for heparin in the market over the forecast period.

The COVID-19 pandemic was said to have had a positive influence on the global heparin market, boosting upper income for number of major players operating in healthcare sector. Furthermore, as the number of people infected with COVID-19 grows, so does the demand for heparin, which helps to control the symptoms of respiratory infections while also thinning the blood.

The technologically sophisticated products, regulatory approvals, and the launch of new products, cooperation agreement, and acquisition with other market players are all priorities for key competitors in the worldwide heparin market. These methods are likely to propel the global heparin industry forward. The government all around the world are collaborating with major market players for the growth and development of global heparin market. In addition, the government is also heavily investing in the launch of new products, which is contributing towards the global heparin market.

Report Scope of the Heparin Market

Report Coverage Details
Market Size by 2030 USD 14.6 Billion
Growth Rate from 2022 to 2030

CAGR of 4.17%

Largest Market North America 
Fastest Growing Market  Asia-Pacific
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Type, Route of Administration, Packaging, Container, Therapeutics, Treatment, Availability, Application, Source, Ingredients, Strength, End Use, Distribution Channel, Geography
Companies Mentioned GlaxoSmithKline plc, Pfizer, Inc., Baxter, Leo Pharma A/S, Sanofi, Dr. Reddy’s Laboratories Ltd., Aspen Holdings, B. Braun Medical Inc., Fresenius SE & Co. KGaA, Teva Pharmaceutical Industries Ltd.

Type Insights

The low molecular weight segment accounted largest revenue share in 2021. The growth of the low molecular weight segment is being driven by growing adoption of this kind of products globally. In addition, the rising product launch by market players is driving the growth of segment. The introduction of low molecular weight heparin products to the global heparin market. For example, Valeo Pharma Inc., reported in November 2019 that they had submitted a new drug submission for a low molecular weight heparin biosimilar to Health Canada, which had been accepted for review.

Heparin Market Share, By Type, 2021 (%)

The ultra-low molecular weight segment is fastest growing segment from 2022 to 2030. The growth of the ultra-low molecular weight is attributed to the launch of products with increased pharmacological properties.

Route of Administration Insights

The subcutaneous segment dominated the heparin market in 2021. The growth of subcutaneous segment is being driven by the growing adoption of low molecular weight heparin. The subcutaneous route of administration is low-cost process that is carried out in hospitals.

Heparin Market Share, By Route of Administration, 2021 (%)

The intravenous segment is fastest growing segment over the forecast period. It comprises a few of unfractioned heparin’s most well-known intravenous product lines. The intravenous route of administration is widely adopted by healthcare practitioners.

Application Insights

The coronary artery disease segment has garnered highest market share in 2021. The growth of the segment is attributed to the rising prevalence of heart disorders. As per the American Heart Association, around 92.1 million American adults suffered from cardiovascular disease in 2018. Furthermore, cardiovascular disease is responsible for around one in every three deaths in the U.S., responsible for roughly 2,300 deaths per day.

The venous thromboembolism segment is expected to hit strong growth from 2022 to 2030. One of the key elements driving the growth of segment is increased awareness of thrombosis. The International Society on Thrombosis and Haemostasias, Inc. for example, has launched an online portal to raise thrombosis awareness among patients.

End Use Insights

The hospitals & ambulatory surgical centers segment dominated the heparin market in 2020. This is mostly due to an increased reliance on health care experts for product prescriptions and proper administration, particularly via intravenous infusion. In addition, growing hospital visits is also driving the growth of the segment.

Theclinics segment is fastest growing segment of the heparin market in 2020. Due to many of these medications are provided at dialysis clinics, among other places, the clinics category is predicted to account for highest market share in the global heparin market over the projected period.

Region Insights

North America has garnered largest share in 2021. The growth of heparin market in North America region is being driven by rising incidences of cardiovascular disorders. As per the Centers for Disease Control and Prevention, approximately 12.1 million people in the U.S. will have atrial fibrillation by 2030. In addition, growing healthcare expenditure as well as expansion of healthcare industry are also driving the North America heparin market. The North America region was valued at USD 2.6 billion in 2021.

Asia-Pacific is expected to develop at the fastest rate during the forecast period. China and India dominated the heparin market in Asia-Pacific region. The Asia-Pacific heparin market growth is attributed to the expansion of healthcare infrastructure. The other factors such as adoption of technologically advanced products, growing initiatives by government, and rising patient population are contributing towards the growth of Asia-Pacific heparin market.

Key Developments

  • Fresenius Kabi declared 2 new presentations of heparin sodium in comfortable, ready to administer Freeflex IV bags in the U.S. in April 2021. In 2018, Fresenius Kabi introduced heparin sodium in ready to administer non DEHP Freeflex bags, expanding the firm’s critical care portfolio.
  •  Meitheal Pharmaceuticals stated in February 2020 that the Food and Drug Administration had approved extra manufacturing capacity and future facility expansion plans for the manufacture of Heparin Sodium Injection, USP.
  •  B. Braun Medical Inc. introduced Heparin Sodium Injection, USP in April 2019, the first Heparin 5,000 USP Unit/0.5 ml prefilled syringe with attached safety needle for intravenous and subcutaneous usage in the U.S.
  •  Amphastar Pharmaceuticals Inc. gained Food and Drug Administration approval for semi-purified heparin at Amphastar Nanjing Pharmaceuticals and the manufacture of heparin sodium USP at International Medication Systems, Ltd. in June 2018. By enhancing its product offerings, the corporation was able to add value to its business portfolio.
  •  The U.S. Food and Drug Administration granted Mylan approval for its Abbreviated New Drug Applications for Heparin Sodium Injection USP, 5,000 USP/mL, 1,000 USP/mL, 10,000 USP/mL, and 20,000 USP/mL, all of which are wrapped in multi-dose vials, in December 2017. 

Some of the prominent players in the global heparin market include:

  • GlaxoSmithKline plc
  • Pfizer, Inc.
  • Baxter
  • Leo Pharma A/S
  • Sanofi
  • Dr. Reddy’s Laboratories Ltd.
  • Aspen Holdings
  • B. Braun Medical Inc.
  • Fresenius SE & Co. KGaA
  • Teva Pharmaceutical Industries Ltd.

Segments Covered in the Report

(Note*: We offer report based on sub segments as well. Kindly, let us know if you are interested)

By Type

  • Low Molecular Weight Heparin
  • Ultra-low Molecular Weight Heparin
  • Unfractionated Heparin

By Route of Administration

  • Intravenous
  • Subcutaneous

By Packaging

  • Glass
  • Plastic

By Container

  • Bottles
  • Bags
  • Vials
  • Others

By Therapeutics

  • Cardiovascular
  • Respiratory
  • Oncology
  • Nephrology
  • CNS
  • Others

By Treatment

  • Deep Vein Thrombosis
  • Pulmonary Embolism
  • Arterial Thromboembolism
  • Others

By Availability

  • Raw
  • Processed

By Application

  • Venous Thromboembolism
  • Atrial Fibrillation
  • Renal Impairment
  • Coronary Artery Disease
  • Others

By Source

  • Bovine
  • Porcine

By Ingredients

  • Sodium
  • Calcium
  • Others

By Strength

  • 10 Unit
  • 100 Unit
  • 1000 Unit
  • 5000 Unit
  • 10000 Unit
  • 25000 Unit
  • Others

By End Use

  • Hospitals
  • Clinics
  • Homecare
  • Ambulatory Surgical Centres
  • Others

By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy and Drug Store
  • Online Pharmacy
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions

What is the current size of heparin market?
The global heparin market size was reached at US$ 10.1 billion in 2021 and it is anticipated to rake US$ 14.6 billion by 2030.
What will be the CAGR of global heparin market?
The global heparin market is expected to drive growth at a CAGR of 4.17% from 2022 to 2030.
Who are the major players operating in the heparin market?
The major players operating in the heparin market are GlaxoSmithKline plc, Pfizer, Inc., Baxter, Leo Pharma A/S, Sanofi, Dr. Reddy’s Laboratories Ltd., Aspen Holdings, B. Braun Medical Inc., Fresenius SE & Co. KGaA, Teva Pharmaceutical Industries Ltd.
Which are the driving factors of the heparin market?
Growing prevalence of chronic and cardiovascular disorders is driving the growth of global heparin market.
Which region will lead the global heparin market?
North America region will lead the global heparin market.
  • Report Code:1754
  • Category:Healthcare
  • No. of Pages:150+
  • Format:PDF/PPT/Excel
  • Published:May 2022


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