South Africa Heparin Market Size & Outlook, 2023-2030

The heparin market in South Africa is expected to reach a projected revenue of US$ 41.0 million by 2030. A compound annual growth rate of 4.4% is expected of South Africa heparin market from 2024 to 2030.
Revenue, 2023 (US$M)
$30.2
Forecast, 2030 (US$M)
$41.0
CAGR, 2024 - 2030
4.5%
Report Coverage
South Africa

South Africa heparin market highlights

  • The South Africa heparin market generated a revenue of USD 30.2 million in 2023 and is expected to reach USD 41.0 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 4.4% 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 2023USD 30.2 million
Market revenue in 2030USD 41.0 million
Growth rate4.4% (CAGR from 2023 to 2030)
Largest segmentPorcine
Fastest growing segmentBovine
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPorcine, Bovine
Key market players worldwidePfizer 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, South Africa accounted for 0.4% 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 Companies

Name Profile # Employees HQ Website

South Africa 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 89.07% in 2023. Horizon Databook has segmented the South Africa heparin market based on porcine, bovine covering the revenue growth of each sub-segment from 2018 to 2030.


South Africa is among the most developed countries in the MEA, with a significant edge over the other countries in terms of healthcare facilities. The South Africa National Blood Service (SANBS) issues around 1 million blood components every year. 

The high prevalence of AIDS in South Africa has increased the importance of preventing of blood-transmitted infections. The SANBS issued guidelines in 2014 for the management of blood components in South Africa. 

Improvements in basic healthcare framework by providing free primary healthcare and diagnostic services to children & pregnant women are expected to provide market players with greater opportunities over the coming years. 

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Target buyers of South Africa heparin market databook

  • Our clientele includes a mix of heparin market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 South Africa heparin market , including forecasts for subscribers. This country databook contains high-level insights into South Africa heparin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Africa heparin market size, by source, 2018-2030 (US$M)

South Africa Heparin Market Outlook Share, 2023 & 2030 (US$M)

South Africa heparin market size, by source, 2018-2030 (US$M)

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