Australia Heparin Market Size & Outlook, 2023-2030
Australia heparin market, 2018-2030 (US$M)
Related Markets
Australia heparin market highlights
- The Australia heparin market generated a revenue of USD 244.7 million in 2023 and is expected to reach USD 313.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, porcine was the largest revenue generating source in 2023.
- Bovine is the most lucrative source segment registering the fastest growth during the forecast period.
Heparin market data book summary
| Market revenue in 2023 | USD 244.7 million |
| Market revenue in 2030 | USD 313.9 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Porcine |
| Fastest growing segment | Bovine |
| 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, Australia accounted for 3.3% 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 Asia Pacific, Japan heparin market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 357.3 million by 2030.
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Heparin Market Scope
Heparin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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.
Porcine was the largest segment with a revenue share of 89.17% in 2023. Horizon Databook has segmented the Australia heparin market based on porcine, bovine covering the revenue growth of each sub-segment from 2018 to 2030.
The market in Australia is driven by growing prevalence of diseases such as DVT, PE, & cardiovascular disorders, and proactive government initiatives. For instance, the Australian Government of Health offers a list of heparin manufacturers with discounted prices.
In addition, local presence of key players, such as Hospira Pty Limited and Pfizer Australia Pty Ltd., is considered to be a major factor driving the market. According to the Australian Commission for Safety and Quality in Healthcare, in 2018, a significant population was at risk of venous thromboembolism and 10% of deaths in hospitals across Australia were attributed to the development of venous thromboembolism.
This annually costs the Australian Healthcare system $1.25 billion. Furthermore, as per Baker Heart and Diabetes Institute, over 330,000 Australians are suffering from atrial fibrillation, a disease whose prevalence is primarily attributed to diabetes.
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Target buyers of Australia heparin market databook
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Our clientele includes a mix of heparin market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia heparin market , including forecasts for subscribers. This country databook contains high-level insights into Australia heparin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia heparin market size, by source, 2018-2030 (US$M)
Australia Heparin Market Outlook Share, 2023 & 2030 (US$M)
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