What is Antithrombotic Drugs Market?
Antithrombotic drugs are used to reduce the formation of blood clots. In the normal human body, blood flows smoothly through artery and veins. If clot or thrombus occurs in arteries or veins that result in blood blockage that may lead to heart attack and stroke. These disorders collectively are the most common cause of death and disability in the developed world. The demand of antithrombotic drugs creates future opportunities in the pharmaceutical industry. According to the International Society on Thrombosis and Haemostasis, Inc., 1 in 4 people worldwide are dying from conditions caused by thrombosis and up to 900,000 people in the United States alone are affected by blood clots each year.
Highlights from Antithrombotic Drugs Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Sanofi (France), Abbott Laboratories (United States), Bayer AG (Germany), Boehringer Ingelheim GmbH (Germany), Eli Lilly and Company (United States), Johnson & Johnson Services Inc. (United States), Pfizer Inc. (United States), Alchemia (Australia), Amneal Pharms (United States) and GlaxoSmithKline Plc. (United States) |
Antithrombotic drugs market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Antithrombotic Drugs market throughout the forecasted period.
Sanofi (France), Abbott Laboratories (United States), Bayer AG (Germany), Boehringer Ingelheim GmbH (Germany), Eli Lilly and Company (United States), Johnson & Johnson Services Inc. (United States), Pfizer Inc. (United States), Alchemia (Australia), Amneal Pharms (United States) and GlaxoSmithKline Plc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Bristol Myers Squibb Company (United States), Genentech (United States), AstraZeneca Plc. (United States), Otsuka Pharmaceutical Co. Ltd (United States) and The Medicines Company (United States). Antithrombotic Drugs Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Thromboembolic Disease Treatment, Prophylactic Treatment, Blood Clot Prevention and Hyperlipidemia Treatment |
Type | Anti-Coagulants, Anti-Platelet Drugs and Thrombolytic Drugs |
Administration | Oral Route,Parenteral Route |
End-users | Hospitals,Clinics,Ambulatory Surgical Centres,Others |
Distribution Channel | Hospital Pharmacies,Retail Pharmacies,Online,Others |
On the basis of geography, the market of Antithrombotic 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:
Increased Use of Anti-Thrombotic Drugs in Geriatric Population and Growing Demand from Online Pharmacies
Market Growth Drivers:
Increasing Prevalence of Cardiovascular Diseases, Blood-Related Diseases, Rising number of Accidental Injuries and Rise in the Number of Diagnostic Centres and Hospitals
Challenges:
Significant Drug Interactions and Stringent Government Rules and Regulations
Restraints:
Side Effects of the Drugs like Post-Operative Bleeding and Fluctuations in the Raw Material Prices
Opportunities:
Increasing Demand for Life Saving Drugs Due To Increasing Population, Rising Geriatric Population Worldwide and Growing Healthcare Infrastructure in Developing Countries
Key Target Audience
Hospitals, Specialty Clinics, Ambulatory Surgical Centers and General Pharmacies
Market Leaders & Development Strategies
On 03rd August 2018, Sanofi, a global biopharmaceutical company completes acquisition of Bioverativ Inc., American multinational biotechnology company.
On 25th September 2018, Health Canada approves Lovenox for the prevention of blood clot formation in the extra-corporeal circulation during hemodialysis in patients with end-stage kidney disease.