The global fondaparinux market is estimated to grow at a CAGR of nearly 7.5% during the forecast period. The major factors contributing to the market growth include the increasing number of hip and knee replacements and rising incidences of CVD. As per the Canadian Institute for Health Information (CIHI), the number of joint replacements grew over the past 5 years. Nearly 130,000 surgeries are performed annually in the country. During the period, 2017-2018, 70,502 knee replacements and 58,492 hip replacements were performed in Canada. This shows a rise of 17.0% and 17.4%, respectively, over the last 5 years.

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In Canada, Ontario has the highest position and British Columbia held the second position for the total number of hip and knee replacement procedures performed in 2017-2018. This increase in hip and knee replacement procedures has been witnessed owing to the rising geriatric population in the country. Osteoarthritis condition grows with the age that usually requires a procedure. In 2019, there were 838,263 people ages 85 and over were living in Canada, which represents 2.2% of the total Canadian population. In addition, the number of people aged 85 and over rose by 19.4% during the period 2011-2016. This represents the rising life expectancy rate in the country, which is leading to increasing demand for joint replacement procedures in the country.

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In Jan 2019, FMC Corp. introduced Lucento fungicide to combat foliar disease and fungicide resistance. The US Environmental Protection Agency has approved registration for Lucento fungicide in soybeans, corn, peanuts, sugarbeets, and wheat. In August 2018, FMC introduced Ethos 3D fungicide that provides full protection from diseases to the crop such as corn, peas, soybean, and dry beans. The biofungicide present in it colonizes root hairs and grows along with root systems and to provide a protective layering from fungal pathogens which help in more uniform crop production.
In March 2019, Nufarm Ltd. launched Tamiz fungicide in Brazil as a step towards expanding its geographical presence. Tamiz fungicide is designed with an aim to provide control and prevention of fungal activities in corn, wheat, beans, and coffee plants. It contains two active ingredients azoxystrobin and tebuconazole. The fungicide will benefit the farmers to produce high yield and high-quality crops to recover the huge cost associated with the production of the crop.

Global Fondaparinux Market Segmentation
Global Fondaparinux Market by Product Type
• Branded
• Generics


Global Fondaparinux Market – Segment by Region
North America
• United States
• Canada

Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World
• Latin America
• Middle East and Africa

Company Profiles
• Apicore LLC
• Aurobindo Pharma Ltd.
• Cadila Healthcare Ltd. (CHL)
• Dr Reddy’s Laboratories Ltd.
• GlaxoSmithKline plc
• Italfarmaco S.p.A.
• Mylan N.V.
• Sandoz International GmbH
• ScinoPharm Taiwan, Ltd.


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