Report ID: UCMIG35I2091
Report ID:
UCMIG35I2091 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Anticoagulant reversal medicine sales were valued at USD 679.84 million globally in 2019; from 2020 to 2027, they are expected to increase at a CAGR of 14.3%. The approval and introduction of new medicines, the rising incidence of bleeding disorders, and the rise in the frequency of indications for anticoagulant medication are just a few of the factors that are driving the market. The U.S. FDA approved Andexxa by Portola Pharmaceuticals as the first factor Xa inhibitor antidote in May 2018, and its approval and release are important factors in the market growth for anticoagulants.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Pharmaceuticals by segment aggregation, the contribution of the Pharmaceuticals in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35I2091