North American Market Forecast
The North American heparin market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The market growth in the region is attributed to a higher number of people developing chronic kidney diseases, followed by surging healthcare expenditure. According to the Centers for Disease Control and Prevention, in 2021, 15% of adults in the United States have chronic kidney disease which is nearly 37 million people in the country. Moreover, rising instances of road accidents are expected to propel the market growth. As of January 2022, about 1 million road accidents took place in the United States.
APAC Market Statistics
The market in Asia Pacific is estimated to account for significant growth in the forecast period. The expansion in venous thromboembolism and cardiovascular diseases, increasing geriatric population, rising chronic disease in a large population, growing healthcare expenditure, and initiatives undertaken by the government of the region are the primary factors driving the growth of the heparin market. The major countries that cover the heparin market in the Asia Pacific region are China, Japan, India, South Korea, Malaysia, Australia, Indonesia, and the Rest of Asia Pacific.
Author Credits: Radhika Pawar
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