Heparin-induced Thrombocytopenia Market Size & Share, by Drug Type (Lepirudin, Danaparoid, Argatroban); Test Type (Enzyme Immunoassay, Serotonin Release Assay, Enzyme-Linked Immunosorbent Assay, Heparin Induced Platelet Activation Test); End User (Hospitals, Diagnostic Centers, Specialized Clinics, Hospital Pharmacy, Homecare Setting, Mail Order Pharmacy) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5848
  • Published Date: May 06, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Heparin-induced Thrombocytopenia Market size is expected to reach USD 63 billion by the end of 2036, growing at a CAGR of 5% during the projected period i.e., 2024-2036. In the year 2023, the industry size of heparin-induced thrombocytopenia was over USD 10 billion.

Heparin Induced thrombocytopenia may be a driving cause of horribleness and mortality in hospitalized patients, happening as an after-effect of life and limb-threatening thrombosis. In a least 5% of patients getting heparin, this condition is watched, as there are signs of a diminish in the number of platelets by more than 50 % encouraging the arrangement of blood clots. Consequently, it is becoming profoundly vital to treat this condition, clearing the way for a have of treatment approaches. 

Heparin is widely used in acute coronary syndromes, atrial fibrillation, venous thromboembolism, dialysis, peripheral occlusive disease, and during extracorporeal circulation which increases the risk of heparin-induced thrombocytopenia.

 


Heparin Induced Thrombocytopenia Treatment Market
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Heparin-induced Thrombocytopenia Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing research activities and investments - The expanding inquiries about exercises and subsidizing are predicted to boost the worldwide heparin-induced thrombocytopenia market. development amid the figure period.
    For example, in June 2023, Veralox Therapeutics, a clinical-stage biotechnology organization outlined a special sort of treatment focusing on the 12-lipoxygenase pathway to oversee a few of the treatment's impressively consistent and extreme immune-mediated clutters. Moreover, Veralox got USD 24 million in financing to advance VLX-1005 using a Stage 2a proof-of-concept examination evaluating its impact on heparin-induced thrombocytopenia, a life-threatening occasional condition initiated by a distorted safe reaction to heparin introduction. 
  • Presence of advanced diagnostic tools - Among the newer diagnostics tools that have transformed the diagnosis of HIT are enzyme-linked immunosorbent assays and particle gel immunoassays.
    These tests are highly sensitive and specific, making it easier for healthcare professionals to detect the presence of HIT antibodies in patients' blood. This enhanced accuracy ensures that individuals at risk of HIT are diagnosed promptly, enabling timely intervention and appropriate treatment.

Challenges

  • High cost of treatment - Given the long duration of treatment with frequent doses over time, high costs for HIT therapy are assessed to hamper global heparin-induced thrombocytopenia market growth during the forecast period.
    For example, little data are available on the public comparison of the cost-effectiveness of these treatments despite the availability of significant non-heparin anticoagulants for the treatment of heparin-induced thrombocytopenia.
  • Side effects associated with the treatment.
  • A growing number of complications associated with treatment are set to hinder the industry expansion in the future years.  

Heparin-induced Thrombocytopenia Market: Key Insights

Base Year

2023

Forecast Year

2024 – 2036

CAGR

~5%

Base Year Market Size

~USD 10 billion

Forecast Year Market Size

~USD 63 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Heparin-induced Thrombocytopenia Segmentation

Drug Type (Lepirudin, Danaparoid, Argatroban)

In heparin-induced thrombocytopenia Market, argatroban segment is poised to capture over 50% share by 2036. Due to the new product introductions in this segment, the argatroban treatment is expected to dominate the global market.

For occurrence, in April 2023 Endo International plc's Par Sterile Products trade began dispatching argatroban infusion to healthcare providers utilizing Premier's Chief ProRx private-label plan, a guarantor save for clinics and health frameworks. Argatroban is on the FDA's elementary drugs checklist and has experienced discontinuous save issues in the heparin-induced thrombocytopenia market. 

End User (Hospitals, Diagnostic Centers, Specialized Clinics, Hospital Pharmacy, Homecare Setting, Mail Order Pharmacy)

In heparin-induced thrombocytopenia market, hospital segment is estimated to capture over 40% revenue share by 2036. To provide special care for patients with HIT, hospitals and healthcare centers are well-equipped. HIT is a complex condition that requires precise diagnosis, constant monitoring, and prompt treatment. To provide the level of care often required by HIT patients, these healthcare facilities have the necessary infrastructure, equipment, and experienced healthcare professionals.

Our in-depth analysis of the global market includes the following segments:

     Drug Type

  • Lepirudin
  • Danaparoid
  • Argatroban

     Test Type

  • Enzyme Immunoassay
  • Serotonin Release Assay
  • Enzyme Linked Immunosorbent Assay
  • Heparin-induced Platelet Activation Test

     End User

  • Hospitals
  • Diagnostic Centers
  • Specialized Clinics
  • Hospital Pharmacy
  • Homecare Setting
  • Mail Order Pharmacy

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Heparin-induced Thrombocytopenia Industry - Regional Synopsis

North American Market Statistics

By 2036, North America region is expected to dominate over 33% heparin-induced thrombocytopenia market share. This growth is assessed to be supported by an increased use of heparin in North America for the treatment of different disorders. Heparin is usually used for hemodialysis and the growing number of patients who are currently receiving dialysis will contribute to regional market development.

For instance, in February 2022, around 570,000 Americans received dialysis, which indicates a notable heparin usage and its adverse drug reaction, Heparin-induced thrombocytopenia. Apart from this, regional market growth in the forecast period will be stimulated by recent product introductions on the market. For example, Gland Pharma Ltd., together with its associates MAIA Pharmaceuticals Inc. and Athenex Pharmaceutical Division, launched a ready-to-use formulation of Bivalirudin in the United States in June 2020. This was the first on-frozen ready-to-use bivalirudin 505b (2) NDA authorized by the U.S.

European Market Forecasts

By 2036, Europe Region in heparin-induced thrombocytopenia market is anticipated to account for around 27% revenue share. Continuous research and development in the field are leading to the introduction of novel therapies with enhanced efficacy and reduced side effects.

This innovation is foreseen to attract new players and investments further propelling the market expansion in the region. Furthermore, government initiatives and favorable reimbursement policies for effective HIT treatments can incentivize the growth of the heparin-induced thrombocytopenia market and accessibility.

Research Nester
Heparin Induced Thrombocytopenia Treatment Market size
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Companies Dominating the Heparin-induced Thrombocytopenia Landscape

    • Endo International plc
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • PlateletBio
    • AUROMEDICS PHARMA LLC
    • Fresenius Kabi USA
    • Pfizer Inc
    • Caplin Steriles Ltd
    • Hikma Pharmaceuticals PLC
    • Teva Pharmaceuticals Industries Limited
    • NOVARTIS AG
    • Eagle Pharmaceutical Inc
    • WEST WARD INC

In the News

  • Par Sterile Products, a subsidiary of Endo International plc, began to dispatch argatroban to healthcare providers via the Premier ProRx private label program, an insured reserve for hospitals and health systems.
  • Platelet Bio, a biotechnology company dedicated to the discovery and development of an innovative platform for allogeneic cell therapy based on platelet biology, successfully raised $75.5 million in Series B funding in November 2021. Contributions from new investors, SymBiosis, K2 HealthVentures, and Oxford Finance were also part of this funding round together with the ongoing support provided by existing investors. The company intends to use the proceeds of this financing, which represents groundbreaking treatment for immune thrombocytopenia, an autoimmunity disease, to advance the preclinical development of its flagship program on platelets-like cells. In addition, Platelet Bio intends to further develop its innovative engineered PLC platform and improves its manufacturing capabilities.

Author Credits:  Radhika Pawar


  • Report ID: 5848
  • Published Date: May 06, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of heparin-induced thrombocytopenia was over USD 10 billion.

The market size for heparin-induced thrombocytopenia is projected to cross USD 63 billion by the end of 2036 expanding at a CAGR of 5% during the forecast period i.e., between 2024-2036.

The major players in the market are Pfizer Inc, Caplin Steriles Ltd, Hikma Pharmaceuticals PLC, Teva Pharmaceuticals Industries Limited, NOVARTIS AG, Eagle Pharmaceutical Inc., WEST WARD INC, and others.

In terms of end users, the hospital segment is anticipated to account for the largest market share of 40% during 2024-2036.

The North American heparin-induced thrombocytopenia is poised to hold the highest share of 35% by 2036.
Heparin-induced Thrombocytopenia Market Report Scope
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