Saudi Arabia Heparin Market Size & Outlook, 2023-2030
Saudi Arabia heparin market, 2018-2030 (US$M)
Related Markets
Saudi Arabia heparin market highlights
- The Saudi Arabia heparin market generated a revenue of USD 41.9 million in 2023 and is expected to reach USD 53.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 3.5% 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 41.9 million |
| Market revenue in 2030 | USD 53.4 million |
| Growth rate | 3.5% (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, Saudi Arabia accounted for 0.6% 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 Middle East & Africa, Saudi Arabia heparin market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 41.0 million by 2030.
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Heparin Market Scope
Heparin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 89.26% in 2023. Horizon Databook has segmented the Saudi Arabia heparin market based on porcine, bovine covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia’s heparin market is expected to increase at a steady rate over the forecast period. Involvement of private and public funding is expected to propel the market. Public organizations such as the Ministry of Health, Kingdom of Saudi Arabia, established the clinical guidelines for treatment of venous thromboembolism in this country, which included use of low-molecular-weight heparin.
In addition, increasing prevalence of cardiovascular diseases and growing awareness about them are expected to drive the country’s heparin market over the forecast period. According to data published in ScienceDirect, by 2035, the prevalence of CVD is estimated to reach approximately 479,500 individuals.
As per the Journal of Health Sciences, in 2018, the prevalence of atrial fibrillation among chronic heart failure patients was 14.9% and is higher in men than women. In 2016, the healthcare expenditure of Saudi Arabia was 1,147 USD per capita and is growing at an average of 8.85% each year.
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Our clientele includes a mix of heparin market companies, investment firms, advisory firms & academic institutions.
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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 Saudi Arabia heparin market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia heparin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia heparin market size, by source, 2018-2030 (US$M)
Saudi Arabia Heparin Market Outlook Share, 2023 & 2030 (US$M)
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