U.S. UNFRACTIONATED HEPARIN MARKET ANALYSIS

U.S. Unfractionated Heparin MarketSize and Trends

The U.S. unfractionated heparin market is expected to exhibit a CAGR of 4.5% over the forecast period (2019 – 2027).

Figure 1. Global U.S. Unfractionated Heparin Market Value (US$ Mn), by Region, 2018

Source: Coherent Market Insights Analysis (2019)

Market- Trends

Increasing number of people suffering from venous thromboembolism (VTE) is subsequently resulting in rising demand for heparin. For instance, according to the American Heart Association Inc. (AHA), the study published in Burden of Thrombosis in 2016 reports that majority of the data on the incidence and mortality of venous thromboembolism (VTE) comes from high-income countries, especially North America.

Favorable government regulations for heparin is expected to boost growth of the U.S. unfractionated heparin market

The global U.S. unfractionated heparin market is expected to gain significant traction, owing to favorable regulatory scenario. For instance, according to Medicare Prescription Source Benefit Manual: Chapter 6: 2016, Medicare Part- D states that source (extraction of heparin) used for heparin production must be used for a medically-accepted indication, which facilitates the diagnosis or treatment of illness or injury. Moreover, if a source works on medical equipment or devices and is not used for a medically-accepted indication of therapeutic value on the body, it cannot satisfy the definition of a Part D source. A heparin flush is not used to treat a patient for a medically-accepted indication, but rather to dissolve possible blood clots around an infusion line. Therefore, heparin’s use in this instance is not therapeutic but instead, is necessary to make durable medical equipment work. Heparin would therefore not be a Part D source when used in a heparin flush.

Figure 2. Global U.S. Unfractionated Heparin Market Share (%), by Product Type, 2019 and 2027

Source: Coherent Market Insights Analysis (2019)

Increasing cases of thrombosis and adoption of strategies such as mergers and collaborations by market players are expected to drive the market growth

The U.S. is expected to exhibit growth in the market, owing to increasing cases of deep-vein thrombosis (DVT). For instance, according to the National Center for Biotechnology Information (NCBI), the study published in 2018 reported that in the U.S., 200,000 people develop venous thrombosis annually and of those, 50,000 cases are complicated by pulmonary embolism. It is expected that the annual incidence of deep-vein thrombosis (DVT) is 80 cases per 100,000 with a prevalence of lower limb deep-vein thrombosis (DVT) in 1 case per 1,000 population.