Antifibrinolytic Drugs Market Scope
Antifibrinolytic drugs are medicines that promote blood clotting by preventing or slowing down a process called fibrinolysis, which is the breakdown of blood clots. It is used for treatment for hemophilia, in surgical procedures to prevent excessive blood loss, and for heavy menstrual bleeding. The commonly used United States Food and Drugs Administration (FDA)-approved antifibrinolytics include tranexamic acid, aprotinin, and aminocaproic acid.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Antifibrinolytic Drugs market throughout the predicted period.
Akorn Inc. (United States), Amerigen Pharmaceuticals Ltd (United States), Xanodyne Pharmaceuticals Inc (United States), Aurobindo Pharma Ltd. (India), Mylan N.V. (United States), Pfizer Inc. (United States), Sanofi S.A. (France), Cadila Healthcare (India) and Takeda Pharmaceutical Company (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Aurobindo Pharma Ltd. (India), Xanodyne Pharmaceuticals Inc (United States) and ACIC Pharmaceuticals Inc. (Canada).
Segmentation Overview
The study have segmented the market of Global Antifibrinolytic Drugs market and Region with country level break-up.
On the basis of geography, the market of Antifibrinolytic 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).
Influencing Trend:
Increased Research and Development Activities
Market Growth Drivers:
Increased in Incidence of Angioedema, Increased Number of Road Accidents and Rise in the Medical Surgeries
Challenges:
Stringent Government Rules and Regulations
Restraints:
High Cost of the Antifibrinolytic Drugs
Opportunities:
Growth in the Geriatric Population and Growing Healthcare Industry Worldwide
Market Leaders and their Expansionary Development Strategies
In March 2019, Aurobindo Pharma through its subsidiary Acrotech Biopharma LLC has completed the acquisition of a portfolio of seven marketed oncology injectable products, intellectual property and commercial infrastructure from Spectrum Pharmaceuticals Inc.
In January 2020, ANI acquires the 23 generic products from Amerigen to expand its commercial offering in the United States.
Key Target Audience
Antifibrinolytic Drugs Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.