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Heparin Market is Expected to Reach US$ 14,853.1 Mn by 2025

The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.

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Market Insights

The heparin crisis which took place in 2008 due to contaminated batches of unfragmented heparin imported from China resulted in fatal adverse events such as rapid fall in blood pressure and death. This event led to the entry of more safe and effective low and ultra-low molecular weight heparin. Still pharmacovigilence agencies have reported several heparin related serious adverse events which demands for safer heparin products for medicinal use. Researchers at University of North Carolina have developed a low molecular weight heparin through chemoenzymatic process by using C5-epimerase and recombinant O-sulfotransferase enzymes. The newly synthesized heparin will be reversed by protamine sulphate and will be cleared by liver and not by the kidneys, and thus will overcome the earlier heparin related adverse events.

Rising prevalence of venous thromboembolism and good bioavailability due to longer half-life low molecular weight heparin leads the products segment. Ultra-low molecular weight heparin will lead the market during the forecast period as it has projected better results in DVT/PE induced in patients undergoing cancer chemotherapy.

Subcutaneous is the most desirable route of administration owing to excellent drug pharmacokinetic profile for heparin and is relatively cheaper. Intravenous route is used for its fast onset of action due to high plasma protein binding and is used to perform open heart surgery, blood transfusion, and kidney dialysis.

North America is the clear leader in global heparin market as a result of rising prevalence of venous thromboembolism. In United States about 33 % of the people suffering with venous thromboembolism has a recurrence within ten years. Enhanced investment in the research and development of heparin products to address the problems associated with heparin overdose has a positive effect on market growth of North America. Increasing number of venous thromboembolism encountered in patients undergoing cancer chemotherapy and supportive regulatory environment for heparin products will be responsible for the remarkable growth of Asia Pacific in global heparin market.

Market players engaged in the manufacture and sale of heparin products are Aspen Holdings, Teva Pharmaceutical Industries Ltd., Baxter International, Inc., Syntex S.A., B. Braun Melsungen AG, Sanofi AG, Dr. Reddy’s Laboratories Ltd., Pfizer, Inc., LEO Pharma A/S., and Fresenius SE & Co. KGaA among others.

Why was the report written?

This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.

What is the current market landscape and what is changing?

Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.

The report on the market of Heparin contains:

Analysis and forecast of Specialty Fats and Oils market dynamics;

Analysis of domestic production, market shares of the main market players;

Analysis of exports and imports;

Analysis of factors, leading the development of the Specialty Fats and Oils market;

Assessment and forecast of Specialty Fats and Oils market development;

Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.

Scope

– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026

– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026

– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world

– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies

– Details of major planned Specialty Fats and Oils projects in the world up to 2026

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