Argentina Heparin Market Size & Outlook, 2023-2030
Argentina heparin market, 2018-2030 (US$M)
Related Markets
Argentina heparin market highlights
- The Argentina heparin market generated a revenue of USD 34.3 million in 2023 and is expected to reach USD 45.0 million by 2030.
- The Argentina market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, bovine was the largest revenue generating source in 2023.
- Porcine is the most lucrative source segment registering the fastest growth during the forecast period.
Heparin market data book summary
| Market revenue in 2023 | USD 34.3 million |
| Market revenue in 2030 | USD 45.0 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Bovine |
| Fastest growing segment | Porcine |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Porcine, Bovine |
| Key market players worldwide | Pfizer Inc, Sanofi SA, Aspen Pharmacare Holdings Ltd, Fresenius SE & Co KGaA, Novartis AG ADR, GSK PLC ADR, Dr. Reddy’s Laboratories, LEO Pharma, B. Braun Medical |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.5% of the global heparin market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil heparin market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 92.4 million by 2030.
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Heparin Market Scope
Heparin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina heparin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to heparin market will help companies and investors design strategic landscapes.
Bovine was the largest segment with a revenue share of 67.93% in 2023. Horizon Databook has segmented the Argentina heparin market based on porcine, bovine covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina’s heparin market is expected to show lucrative growth over the forecast period. According to data published by the U.S. FDA, bovine-sourced heparin is mostly manufactured and available in South America, especially in Argentina.
Furthermore, the FDA encourages suppliers and manufacturers of bovine heparin to develop good manufacturing processes, along with the related quality control for their products. According to WHO, in 2016, around 28% of mortality cases were due to cardiovascular diseases in Argentina.
As per The Lancet Neurology, in 2018, stroke in Argentina was the second-largest cause of death. Currently, stroke is not covered under social security or private healthcare, and therefore, additional costly policies specifically for stroke are required. All these factors are responsible for the growth of Argentina’s heparin market.
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Our clientele includes a mix of heparin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina heparin market , including forecasts for subscribers. This country databook contains high-level insights into Argentina heparin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina heparin market size, by source, 2018-2030 (US$M)
Argentina Heparin Market Outlook Share, 2023 & 2030 (US$M)
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