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Global Heparin Market is projected to expand at a CAGR of ~5% by 2026
Global Heparin Market Growth Forecast Analysis By Manufacturers - Reddy's Laboratories Ltd., Fresenius SE & Co KGaA, Baxter International Inc.
The Global Heparin Market is expected to grow at a rate of ~5% by 2026. The rising prevalence of chronic diseases such as venous thromboembolism, pulmonary embolism, renal diseases, and cardiovascular disorders, increasing geriatric population, high demand for anticoagulants, growing application of heparin in various surgeries such as orthopedic and heart surgeries, and the expanding availability of synthetic and semi-synthetic heparin mimetics that help in the treatment of cancer, coagulation, and inflammatory diseases are a few of the main factors driving the global heparin market.
Increasing Usage of Heparin in Various Applications Drives the Heparin Market
Anticoagulants work by decreasing the clotting ability of the blood. It helps to prevent the formation of clots as well as stop the further expansion of any existing clots. As a result, it may be used in a variety of applications, including:
Growing Adoption of Low Molecular Weight Unfractionated Heparin Over Heparin to Prevent Deep Vein Thrombosis or Pulmonary Embolism Fuels the Demand
Explore Premium Report on Heparin Market @ https://meditechinsights.com/
The Potential Role of Heparin in Covid-19 Patients Boosts the Heparin Market Growth
Many patients with COVID-19 develop a clinically significant coagulopathy. COVID-19 infections can lead to an increased risk of blood clots. These blood clots can lead to individuals being admitted to hospital, or, unfortunately in severe cases, death. Similarly, patients with COVID-19 are at high risk for developing clinically significant large-vessel thrombosis. Thus, early usage of anticoagulation may reduce the risk of coagulopathy, microthrombus formation, and organ damage.
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