The Anticoagulants Global Market Report 2023 by The Business Research Company, provides anticoagulants market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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In accordance with The Business Research Company’s Anticoagulants Global Market Report for the year 2023, the anticipated trajectory indicates a noteworthy expansion, forecasting an ascent from $40.63 billion in 2022 to a projected $44.81 billion in 2023, demonstrating a robust Compound Annual Growth Rate (CAGR) of 10.3%. However, this positive trajectory is mitigated by the global ramifications of the Russia-Ukraine war, which have cast a shadow over the prospects of a swift recuperation from the far-reaching impacts of the COVID-19 pandemic, particularly in the short term.
The conflict has given rise to a series of economic sanctions affecting numerous nations, an upswing in commodity prices, and consequential disruptions in the global supply chain. These cascading effects have triggered inflationary pressures across diverse sectors, significantly influencing the markets worldwide. Notwithstanding these challenges, the outlook for the anticoagulants market remains resilient, with an anticipated market size surge to $66.32 billion by 2027, holding steadfast to a 10.3% CAGR.
The increasing cardiovascular diseases are a key factor driving the growth of the anticoagulants market over the coming years. CVDs (cardiovascular diseases) are a category of heart and blood vessel problems. Cardiovascular diseases (CVDs) are the primary, source of death worldwide with low- and middle-income nations accounting for three-quarters of CVD deaths. Anticoagulation pharmacotherapy known as direct oral anticoagulants is used to minimize thrombosis in a variety of cardiovascular situations.
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The anticoagulants market is segmented:
1) By Drug Class: Factor Xa Inhibitor, Heparin And LMWH, Vitamin K Antagonist, Other Drug Classes
2) By Route Of Administration: Oral Anticoagulant, Injectable Anticoagulant
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
4) By Application: Venous Thromboembolism, Atrial Fibrillation Or Flutter, Coronary Artery Disease, Other Applications
5) By End User: Hospitals, Homecare, Specialty Centers, Other End-Users
Top 5 Major Players:
Integral to the current dynamics are the ongoing clinical trials focused on anticoagulant treatments for COVID-19, wielding substantial influence on the trajectory of the anticoagulants market. Key industry players within the anticoagulants sector are strategically directing their efforts towards establishing robust clinical trials for anticoagulant medications, with a primary goal of mitigating the risk of COVID-19-induced blood clotting in adults.
A case in point is the noteworthy initiative undertaken in March 2021 by The National Institutes of Health (NIH) in the United States, embarking on the final phase of three Phase III clinical trials for blood thinners (anticoagulants). This strategic move aims to preempt life-threatening blood clots in the vulnerable elderly population grappling with COVID-19. The ACTIV-4 trials, by the NIH, are poised to provide critical insights, contributing to the resolution of concerns surrounding the judicious use of anticoagulants, also known as antithrombotics, in the treatment paradigm of COVID-19. These groundbreaking trials bear the potential to shape the future landscape of anticoagulant interventions, thereby further fortifying the industry’s commitment to combating the multifaceted challenges posed by the ongoing global health crisis.
The anticoagulants market report table of contents includes:
1. Executive Summary
2. Anticoagulants Market Characteristics
3. Anticoagulants Market Trends And Strategies
4. Anticoagulants Market – Macro Economic Scenario
5. Anticoagulants Market Size And Growth
….
26. Africa Anticoagulants Market
27. Anticoagulants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Anticoagulants Market
29. Anticoagulants Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Anticoagulants Market, Segmentation By Drug Class, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Anticoagulants Market, Segmentation By Route Of Administration, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Anticoagulants Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
….
Table 48: Bristol-Myers Squibb Company Financial Performance
Table 49: GlaxoSmithKline plc. Financial Performance
Table 50: Pfizer Inc., Financial Performance
Table 51: Sanofi Financial Performance
Table 52: Mylan Financial Performance
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