A comprehensive overview of the anticoagulants market is recently added by UnivDatos Market Insights to its humongous database. The anticoagulants market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the anticoagulants market. The anticoagulants market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the anticoagulants market at the global and regional levels. The Global Anticoagulants Market is expected to grow at a CAGR of around 7% from 2021-2027.
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Market Overview
According to the United Nations, the global population aged 60 years or over was numbered 962 million in 2017 and is expected to reach nearly 2.1 billion by 2050. This rapidly growing geriatric population base is an indication of the growing prevalence of various age-related diseases including atrial fibrillation and venous thromboembolism. Therefore, increasing the risk of developing blood clots, which in turn increases the risk of heart attacks and strokes. Owing to this, the demand for blood thinners is increasing among them as it may help them to keep clots from forming. Thereby, boosting the anticoagulants market globally. Furthermore, the increasing awareness and growing need for advanced & effective drugs are some other factors contributing to the growth of the market.
COVID-19 Impact
The COVID-19 pandemic has provided tremendous research resources while also highlighting the threat of deadly epidemic-prone diseases worldwide. The COVID-19 pandemic has minimally affected the anticoagulants market owing to the supply chain disruption.
Global anticoagulants market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Drug Class, the market is primarily fragmented into
· Novel Oral Anticoagulants (NOACs)
· Heparin and Low Molecular Weight Heparin (LMWH)
· Vitamin K Antagonist
· Others
Amongst Drug Class, the novel oral anticoagulants segment accounted for a significant market share in 2020 and it is estimated that it will grow rapidly in the forthcoming years.
By Application, the market is primarily segmented into
· Pulmonary Embolism
· Deep Vein Thrombosis (DVT)
· Atrial fibrillation & heart attack
· Others
By application, the pulmonary embolism segment grabbed a substantial market share of the anticoagulants market and is expected to grow considerably during the projected timeframe.
By Route of Administration, the market is primarily segmented into
· Oral
· Injectable
Amongst route of administration, the injectable segment captured a major market share in 2020 and is expected to grow significantly by 2027. However, oral segment are also likely to witness lucrative growth during the forecast period.
Anticoagulants Market Geographical Segmentation Includes:
· North America (United States, Canada, and Rest of North America)
· Europe (Germany, United Kingdom, Italy, France, Spain, and Rest of Europe)
· Asia-Pacific (China, India, Australia, Japan, and Rest of Asia-Pacific)
· Rest of the World
Geographically, the North America region dominated the anticoagulants market in 2020 owing to the well-established market players in the region.
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The major players targeting the market includes
· Johnson & Johnson
· Bayer AG
· Boehringer Ingelheim GmbH
· Bristol-Myers Squibb Company
· Daiichi Sankyo Company
· Abbott Laboratories
· Sanofi S.A.
· Pfizer, Inc.
· GlaxoSmithKline plc.
· Dr. Reddy’s Laboratories
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the anticoagulants market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
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Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the anticoagulants market?
• Which factors are influencing the anticoagulants market over the forecast period?
• What are the global challenges, threats, and risks in the anticoagulants market?
• Which factors are propelling and restraining the anticoagulants market?
• What are the demanding global regions of the anticoagulants market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
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