Heparin Market Is Estimated To Expand Further At A CAGR Of 2.7% From 2024 To 2030
Heparin Industry Overview The global heparin market size was estimated at USD 7.56 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2030. The increasing prevalence of chronic diseases is a major factor in market growth. According to a WHO article published in September 2023, Noncommunicable diseases (NCDs), also known as chronic diseases, cause about 41 million deaths annually, of which 17.9 million deaths are attributed to cardiovascular diseases (CVD). Cancer causes 9.3 million deaths, chronic respiratory diseases lead to 4.1 million deaths, and diabetes contributes to 2 million deaths, including those from diabetes-related kidney diseases. Growing demand for whole blood and blood components transfusion, increasing geriatric population and high usage of plasma in the pharmaceutical industry are factors expected to drive this market’s growth. Gather more insights about the market drivers, restrains and growth of the Heparin Mar...