What is Anticoagulant Drug Market Scope?
Anticoagulants are medicines that help prevent blood clots. They're given to people at a high risk of getting clots, to reduce their chances of developing serious conditions such as strokes and heart attacks. The anticoagulant drug has high growth prospects owing to the increasing geriatric population and rising prevalence of venous thromboembolism, stroke and etc. Rising research and development in the new drug invention expected to drive anticoagulant drugs over the forecasted period.
The Anticoagulant Drug market study is being classified by Type (Coumarins & Indandiones, Factor Xa Inhibitors, Heparins and Thrombin Inhibitors), by Application (Atrial Fibrillation, Deep Vein Thrombosis, Artificial Heart Valve, Pulmonary Embolism, Prevention of Blood Clots and Heart Attack) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Anticoagulant Drug market throughout the predicted period.
AstraZeneca plc (United Kingdom), Bristol-Myers Squibb (United States), Armetheon, Inc. (United States), Emisphere Technologies (United States), Sun Pharmaceutical Industries Limited (India), Abbott Laboratories (United States), Baxter International Inc. (United States), Eli Lilly and Company (United States), Microbix Biosystems Inc (Canada), Bayer AG (Germany) and C.H. Boehringer Sohn AG & Ko. (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Genentech, Inc.(United States), Biovascular Inc (United Kingdom) and CSL Behring (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Anticoagulant Drug market by Type, Application and Region.
On the basis of geography, the market of Anticoagulant Drug 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).
In March 2019, Espero BioPharma, Inc.announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) for tecarfarin for the prevention of systemic thromboembolism of cardiac origin in patients with End-Stage Renal Disease (ESRD) and Atrial Fibrillation (AFib). Tecarfarin is a Phase III-ready, vitamin K antagonist taken orally once a day as an anticoagulant.
Influencing Market Trend
- Rising Clinical Trials for New Durg Invention
Market Drivers
- Increase in Prevalence of Venous Thromboembolism, and Stroke
- Rising Number of Geriatric Population
Opportunities
- Growth Opportunities in Emerging Markets
- Rising Research and Development Activities for New Drug
- Growing Healthcare Infrastructure in the Developing Economies
Restraints
- The Higher Price of Drug
- Stringent Government Regulations Regarding Medical Drugs
Challenges
- Intense Competition among Market Players
Key Target Audience
Anticoagulant Drug Manufacturers, Anticoagulant Drug Suppliers, Medical Research Laboratories, Research and Development (R&D) Companies, Market Research and Consulting Service Providers, Potential Investors and Others
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