PUBLISHER: The Business Research Company | PRODUCT CODE: 1750999
PUBLISHER: The Business Research Company | PRODUCT CODE: 1750999
Fondaparinux is a synthetic anticoagulant that works by selectively inhibiting Factor Xa, preventing the formation of blood clots. It is commonly used to reduce the risk of thromboembolic events in patients at risk.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The main uses of fondaparinux include treating deep vein thrombosis (DVT) and pulmonary embolism. Deep vein thrombosis (DVT) is a condition in which a blood clot forms in a deep vein, usually in the legs, and can lead to serious complications if left untreated. Fondaparinux is typically administered through various routes, including parenteral methods such as injections and pre-filled syringes. It is available in different dosage forms, primarily injections. The drug is distributed through various channels, including hospital pharmacies, retail pharmacies, and online pharmacies. Key end users include hospitals, specialty clinics, and other healthcare providers.
The fondaparinux market research report is one of a series of new reports from The Business Research Company that provides fondaparinux market statistics, including the fondaparinux industry global market size, regional shares, competitors with the fondaparinux market share, detailed fondaparinux market segments, market trends, and opportunities, and any further data you may need to thrive in the fondaparinux industry. This fondaparinux market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The fondaparinux market size has grown strongly in recent years. It will grow from$1.85 billion in 2024 to $2.00 billion in 2025 at a compound annual growth rate (CAGR) of 7.9%. The growth during the historic period can be attributed to the rising incidence of venous thromboembolism, an increase in surgical procedures, an aging population, global healthcare improvements, and the growing preference for injectable anticoagulants.
The fondaparinux market size is expected to see strong growth in the next few years. It will grow to$2.68 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth during the forecast period can be attributed to the growing prevalence of obesity, rising awareness of thrombosis prophylaxis, government support and reimbursement policies, and the increase in high-risk surgical procedures. Key trends expected in this period include advancements in drug delivery systems, the development of pre-filled syringe technology, the integration of AI-enabled pharmacovigilance systems, biosynthetic manufacturing processes, and the rise of wearable drug delivery devices.
The rising incidence of thromboembolic conditions is expected to significantly drive the growth of the fondaparinux market. Thromboembolic conditions occur when blood clots form in blood vessels and obstruct blood flow to vital parts of the body. This increase in prevalence is largely attributed to the aging population, as older individuals are more susceptible to conditions such as deep vein thrombosis and pulmonary embolism due to slower blood circulation and other health-related issues. Fondaparinux is used to prevent and treat these conditions by inhibiting the formation of harmful blood clots. For example, in January 2025, the Centers for Disease Control and Prevention (CDC) reported that 60,000 to 100,000 fatalities occur annually in the United States due to venous thromboembolism (VTE), with many individuals suffering from long-term complications. Thus, the rising prevalence of thromboembolic conditions will continue to drive the growth of the fondaparinux market.
Rising healthcare expenditures are expected to fuel the growth of the fondaparinux market. Healthcare expenditures refer to the total financial outlay for medical services, treatments, and healthcare-related products by individuals, governments, and organizations. These rising expenditures are driven by an increased demand for advanced medical treatments and technologies, as well as the growing prevalence of chronic diseases and an aging population requiring more healthcare services. As demand for fondaparinux increases, especially for treating cardiovascular and thromboembolic conditions, healthcare costs also rise. For instance, in May 2024, the Office for National Statistics in the UK reported a 5.6% increase in healthcare expenditure from 2022 to 2023, a sharp rise compared to the 0.9% growth seen in 2022. Therefore, increasing healthcare expenditures will propel the growth of the fondaparinux market.
Key players in the fondaparinux market are focusing on innovations such as pediatric-specific drug development to expand the therapeutic applications of fondaparinux, address unmet medical needs, and enhance treatment options for younger patients with conditions such as venous thromboembolism (VTE). Pediatric drug development involves creating and adjusting medications to ensure they are safe and effective for children, considering their unique physiological and developmental requirements. For example, in December 2024, Mylan N.V., a US-based pharmaceutical company, received approval from the Food and Drug Administration (FDA) for Arixtra in treating VTE in pediatric patients aged 1 year and older, weighing at least 10 kg. Arixtra is also approved for adult conditions, including the prevention of deep vein thrombosis (DVT) and the treatment of acute DVT and pulmonary embolism. The pediatric approval was supported by a retrospective, open-label clinical study involving 366 patients, which showed that 44.9% of participants experienced complete resolution of at least one clot, while 44% had full resolution of all clots.
Major players in the fondaparinux market are Sanofi S.A., Abbott Laboratories Inc., GlaxoSmithKline plc, Viatris Inc., Mylan N.V., Sandoz Group AG, Sun Pharmaceutical Industries Limited, Jiangsu Hengrui Pharmaceuticals Co. Ltd., Cipla Limited, Aurobindo Pharma Limited, Dr. Reddy's Laboratories Limited, Aspen Pharmacare Holdings Limited, Lupin Pharmaceuticals Inc., Zydus Lifesciences Limited, Sihuan Pharmaceutical Holdings Group Ltd., Hefei TNJ Chemical Industry Co. Ltd., Apino Pharma Co. Ltd., Home Sunshine Pharma Co. Ltd., Alchemia Limited, Zhejiang Borui Pharmaceutical Co. Ltd.
North America was the largest region in the fondaparinux market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in fondaparinux report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the fondaparinux market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The fondaparinux market consists of sales of active pharmaceutical ingredient, injection, and fondaparinux kits. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Fondaparinux Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on fondaparinux market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for fondaparinux ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The fondaparinux market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.