What is Antiplatelet Drugs Market?
Antiplatelet drugs help to reduce the risk of blood clots and it is also known as blood thinners. It is used to treat and prevent various diseases such as coronary artery disease, heart attack, angina, peripheral artery disease, among others. Demand for antiplatelet drugs has increased due to the increase in the number of heart disease across the world. For instance, in 2015, according to the U.S. Department of Health & Human Services, more than 366,000 public were killed due to Coronary heart disease in United States. Hence, this has positively influenced the growth of global antiplatelet drugs market
Highlights from Antiplatelet Drugs Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | The Medicines Company (United States), AstraZeneca plc (United Kingdom), Portola Pharmaceuticals, Inc. (United States), Bayer Pharmaceuticals (Germany), Bristol-Myers Squibb Company (United States), Boehringer Ingelheim Pharmaceuticals, Inc. (Germany), Altimed Pharma Inc. (United Kingdom), Alta Laboratories Ltd (United Kingdom), Investissements Novacap Inc. (Canada) and Shandong Xinhua Pharmaceutical (China) |
The global antiplatelet drugs market is highly fragmented owing to the prevalence of small manufacturers over the giant players. Some of the key players in the market are The Medicines Company (United States), AstraZeneca plc (United Kingdom), Portola Pharmaceuticals, Inc. (United States), among others. Global companies are strategically adopting joint ventures and partnering with local players to increase market penetration. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Antiplatelet Drugs market throughout the forecasted period.
The Medicines Company (United States), AstraZeneca plc (United Kingdom), Portola Pharmaceuticals, Inc. (United States), Bayer Pharmaceuticals (Germany), Bristol-Myers Squibb Company (United States), Boehringer Ingelheim Pharmaceuticals, Inc. (Germany), Altimed Pharma Inc. (United Kingdom), Alta Laboratories Ltd (United Kingdom), Investissements Novacap Inc. (Canada) and Shandong Xinhua Pharmaceutical (China) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Nanjing Pharmaceutical Factory Co. Ltd. (United States), Sanis Health Inc. (Canada), Syntex Inc. (United States) and Novartis AG (Switzerland). Antiplatelet Drugs Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Myocardial Infraction, Percutaneous Coronary Interventions, Angioplasty, Arterial Thrombosis, Dental surgeries and Others |
Drug Type | Aspirin,Clopidogrel,Ticagrelor,Prasugrel,Dipyridamole,Others |
End User | Hospitals,Clinic,Emergency Service Centers,Ambulatory surgical centers,Others |
On the basis of geography, the market of Antiplatelet Drugs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological advancement in Antiplatelet Drugs
Market Growth Drivers:
In the Past Few Years, the Number of People who Suffer from Ischemic Strokes has increased and Enhanced Incomes in Emerging and Developing Countries across the World
Challenges:
Issue related to High Antiplatelet Drug Prices
Restraints:
Some Side Effects of Antiplatelet Drugs such as Increased Bruising
Opportunities:
The Government is taking a Number of Initiatives to Help Heart Disease Patients
Key Target Audience
Raw Material Suppliers and Distributors, Antiplatelet Drugs Manufacturers, Government and Research Organizations, Associations and Industrial Bodies and Others
Market Leaders & Development Strategies
In January 2020, Novartis AG acquired The Medicines Company by the consummation of a merger of its indirect wholly-owned subsidiary, Medusa Merger Corporation. This acquisition helped company to expand its presence in antiplatelet drugs market
In May 2019, the Glenmark Pharmaceuticals Inc. Company has received final approval from USFDA for the antiplatelet drug. Hence, this would strengthen the company’s product portfolio.