Drug News

Antithrombotic/Anticoagulant Drugs Market Forecasted to Surge to $46.2 Billion by 2028

BCC Research LLC, a leading provider of market intelligence, unveils an optimistic forecast for the Antithrombotic/Anticoagulant Drugs market, estimating its value to reach $46.2 billion by 2028, soaring from $31.6 billion in 2023. This substantial growth is attributed to a compound annual growth rate (CAGR) of 7.9% from 2023 to 2028.

The report, titled “Antithrombotic/Anticoagulant Drugs: Technologies and Global Markets,” delves into the latest advancements and trends in medicines aimed at preventing blood clots on a global scale. It meticulously analyzes market dynamics, key national markets, leading pharmaceutical and medical companies, as well as recent mergers and acquisitions. Moreover, it provides a comprehensive discussion on major players, competitive intelligence, innovative technologies, market dynamics, regional opportunities, recent developments, product portfolios, and patent analyses focusing on technological trends in the U.S., Europe, and Japan.

The market’s growth is fueled by increased research and development efforts, essential for treating thrombotic and cardiovascular diseases. Notably, drugs like Lovenox by Sanofi-Aventis, a low-molecular-weight heparin approved for subcutaneous use, have played a crucial role in this sector. Mergers and acquisitions have been pivotal for companies seeking to bolster their competitive standing, improve brand image, expand product portfolios, and extend business operations, especially among smaller manufacturers in emerging countries like China, India, Brazil, and Indonesia.

Key Market Drivers:

  • Coagulation Factors Targeted to Reduce CVD: Understanding and controlling blood clotting factors are pivotal in mitigating the risk of cardiovascular disease (CVD).
  • The Global Burden of Cardiovascular Disease: Addressing the challenges posed by heart diseases globally is imperative, necessitating collective efforts to alleviate their burden.
  • 2030 Global Burden of Cardiovascular Disease: With heart-related issues impacting millions worldwide, initiatives aimed at reducing their prevalence are crucial by 2030.
  • The Global Economic Burden of Cardiovascular Disease: The financial strain posed by cardiovascular diseases underscores the need for sustainable healthcare systems.

Report Metrics:

  • Base Year: 2022
  • Forecast Period: 2023-2028
  • Base Year Market Size: $29.4 billion
  • Market Size Forecast: $46.2 billion
  • Growth Rate: CAGR of 7.9% from 2023 to 2028
  • Segment Covered: By Product Type and Region
  • Regions Covered: North America, Europe, Asia-Pacific, and Rest of the World (RoW)

Market Segmentation:

  • Dominant Drug Type by 2028: Thrombin inhibitors
  • Largest Market Share Region: North America

Key Market Players: Bayer AG, Boehringer Ingelheim International GmbH, Bristol Myers Squibb, Daiichi Sankyo Co. Ltd., F. Hoffmann-La Roche Ltd., Johnson & Johnson Services Inc., Merck & Co. Inc., Pfizer Inc., Sanofi, among others, are the prominent players driving the antithrombotic/anticoagulant drugs market forward.

In conclusion, the Antithrombotic/Anticoagulant Drugs market’s projected surge underscores a growing demand for advanced technologies in combating thrombotic diseases and cardiovascular conditions globally. This optimistic outlook signals a promising future where innovative solutions continue to shape healthcare on a global scale.

Source:PRNewswire

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Joan David-Leonhard

Joan David Leonhard is a recent Pharm.D graduate with a strong passion for the pharmaceutical industry and a particular interest in pharmaceutical media and communication. Her brief internship experience includes roles in pharmacy where she built strong patient-pharmacist relationships and a pharmaceutical media internship where she actively contributed to drug information articles, blog posts, social media engagement, and various media projects.
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