The Heparin-Induced Thrombocytopenia (HIT) Treatment Market Size is valued at USD 9.38 billion in 2023 and is predicted to reach USD 13.55 billion by the year 2031 at a 4.81% CAGR during the forecast period for 2024-2031.
Heparin-induced thrombocytopenia refers to a complication, such as pulmonary embolism, acute myocardial infarction, deep venous thrombotic stroke, etc., that can occur in patients due to taking heparin products. Hence, the adoption of Heparin-Induced Thrombocytopenia is expected to increase in the near future as concerns grow over the adverse reaction of the drug by the antibody generation.
The growing adoption of heparin, an anticoagulant for cardiovascular and orthopaedic treatment surgery, is expected to drive the growth of the global Heparin-Induced Thrombocytopenia market. The rising usage of heparin in acute coronary syndromes, venous thromboembolism, atrial fibrillation, and dialysis are some of the other factors likely to augment the target market growth. The increasing research and investment in heparin-induced thrombocytopenia globally are expected to push the market expansion in the coming years.
Nevertheless, the substantial expense associated with heparin-induced thrombocytopenia, together with the COVID-19 pandemic, are elements that may restrict the expansion of the target market throughout the projection period. Moreover, the escalation of R&D activities, governmental initiatives promoting heparin usage, and investments from leading entities are anticipated to generate substantial revenue growth potential for participants in the worldwide Heparin-Induced Thrombocytopenia market over the forecast period.
Competitive Landscape
Some Major Key Players In The Heparin-Induced Thrombocytopenia (HIT) Treatment Market:
- Pfizer Inc.
- Alleviare Life Sciences Pvt. Ltd.
- ANDOZ
- GlaxoSmithKline Plc.
- Eagle Pharmaceuticals Inc.
- Teva Pharmaceutical Industries Ltd.
- WEST-WARD. Inc.
- Fresenius Kabi AG,
- Syntex S.A.,
- Celgene Corporation,
- Diapharma
- Eisai Co., Ltd,
- LEO Pharma A/S
- Mylan N.V.
- Sanofi S.A.
- Other Market Players
Market Segmentation:
The Heparin-Induced Thrombocytopenia market is segmented on the basis of drug types, test types, and end users. The drug types segment includes lepirudin, danaparoid, and argatroban. By test types, the market is segmented into enzyme immunoassay (EIA), Serotonin Release Assay (SRA), enzyme-linked immunosorbent assay (ELISA), and heparin-induced platelet activation (HIPA) test. By end user, the market is segmented into hospitals, diagnostic centres, specialized clinics, hospital pharmacies, home care settings, and mail-order pharmacies.
Based On Drug Type, The Argatroban Segment Accounts For A Major Contributor To The Heparin-Induced Thrombocytopenia Market.
The argatroban category is expected to hold a major share of the global Heparin-Induced Thrombocytopenia market in 2023. This is attributed to new product introductions, a rise in the adoption of argatroban with thrombosis and heparin-induced thrombocytopenia. Additionally, argatroban is given intravenously, absorbed in the liver, and has a half-life of about 50 min due to its hepatic absorption. It is used in patients with renal dysfunction.
The Hospital Pharmacy Segment Witnessed Rapid Growth.
The hospital pharmacy segment is estimated to grow at a rapid rate in the global Heparin-Induced Thrombocytopenia market owing to growing concerns for patients with HIT; hospitals and healthcare sectors are well-equipped. Hence, the growing cases of HIT require special diagnosis, prompt treatment, and constant monitoring to support the growth of the market. Heparin-induced thrombocytopenia in the hospital pharmacy offers the required infrastructure, equipment, and experienced healthcare professionals.
In The Region, The North America Heparin-Induced Thrombocytopenia Market Holds A Significant Revenue Share.
The North American heparin-induced Thrombocytopenia market is expected to report the highest market share in the near future. This can be attributed to the strong focus on HIT patients in the region, with the increasing adoption of Heparin-Induced Thrombocytopenia for the treatment of different disorders. In addition, the increasing number of patients who have recently received dialysis is focusing on the development of Heparin-Induced Thrombocytopenia in the region. In addition, Asia Pacific is estimated to grow at a rapid rate in the global Heparin-Induced Thrombocytopenia market due to growing concerns about HIT patients, increasing research activities, government initiatives, and increasing funding in various industries.
Heparin-Induced Thrombocytopenia (HIT) Treatment Market Report Scope
Report Attribute |
Specifications |
Market Size Value In 2023 |
USD 9.38 Bn |
Revenue Forecast In 2031 |
USD 13.55 Bn |
Growth Rate CAGR |
CAGR of 4.81% from 2024 to 2031 |
Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
Historic Year |
2019 to 2023 |
Forecast Year |
2024-2031 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Drug Type, Test Type and End-User |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
Competitive Landscape |
Pfizer Inc., Alleviare Life Sciences Pvt. Ltd., ANDOZ, GlaxoSmithKline Plc., Eagle Pharmaceuticals Inc., Teva Pharmaceutical Industries Ltd., WEST-WARD, Inc. |
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |