Global Anticoagulants Market

Anticoagulants Market Size, Share, Growth Analysis, By Drug class(Vitamin K Antagonists (VKAs) and Direct Oral Anticoagulants (DOACs)), By Distribution channel(Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35B2093 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 61 | Figures: 75

Anticoagulants Market Regional Insights

North America is dominating the global anticoagulants market outlook due to a combination of high disease prevalence, advanced healthcare infrastructure, and robust research and development initiatives. The increasing prevalence of cardiac disorders, especially atrial fibrillation and thromboembolic complications, has created a need for efficient anticoagulant treatments. Moreover, the presence of a number of large pharmaceutical players allows for faster innovations and marketing of therapies including NOACs. The existing regulatory infrastructure and availability of modern medical technologies assist this region in maintaining its market superiority. In addition, the growth of the global anticoagulants market in North America is further supported by the improved emphasis placed on preventive care by healthcare providers and patients. 

The Asia-Pacific region is the fastest-growing in the global anticoagulants market, driven by a rapidly aging population and an increasing prevalence of cardiovascular diseases, including atrial fibrillation and thrombosis. The increasing cost of health care coupled with better availability of advanced medical care is spurring the use of new anticoagulant therapies including NOACs and LMWHs. In addition, there is increasing awareness of thromboembolic disorders and their risks, which will drive screening and early diagnosis of these disorders. In this regard, the region has shown significant growth due to the developing economies of the region investing in the healthcare system and availing of more cutting-edge therapies, making the Asia-Pacific region one of the major markets for the growth of the global anticoagulants market.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

The Global Anticoagulants Market size size was valued at USD 28.50 Billion in 2022 and is poised to grow from USD 31.44 Billion in 2023 to USD 68.87 Billion by 2031, at a CAGR of 10.30% during the forecast period (2024-2031). 

The competitive landscape of the global anticoagulants market is characterized by the presence of several key players actively engaged in innovation and product development. Leading businesses like Pfizer, Johnson & Johnson, Bristol-Myers Squibb, and Boehringer Ingelheim are in the lead and provide various anticoagulant treatment options. Businesses have turned their attention to the research and growth of new strategies in order to provide better therapeutic approaches and patient survivability and also to cope with satisfying competition that is moving the new oral anticoagulants market positively due to the changes in customer preferences regarding treatment options. 'Pfizer Inc. (US)', 'Bayer AG (Germany)', 'Bristol Myers Squibb Company (US)', 'Johnson & Johnson (US)', 'Boehringer Ingelheim International GmbH (Germany)', 'Sanofi S.A. (France)', 'Daiichi Sankyo Company, Limited (Japan)', 'Novartis International AG (Switzerland)', 'Eli Lilly and Company (US)', 'AstraZeneca PLC (UK)', 'Merck & Co., Inc. (US)', 'GlaxoSmithKline PLC (UK)', 'Abbott Laboratories (US)', 'Aspen Pharmacare Holdings Limited (South Africa)', 'Otsuka Holdings Co., Ltd. (Japan)', 'Mylan N.V. (US)', 'Takeda Pharmaceutical Company Limited (Japan)', 'Leo Pharma A/S (Denmark)', 'Portola Pharmaceuticals, Inc. (US)', 'CSL Limited (Australia)'

The growing prevalence of cardiovascular disorders such as atrial fibrillation and thromboembolic conditions is a significant factor driving the growth of the global anticoagulants market trends. As these conditions are beginning to become more prevalent, there is a corresponding growth in the market due to the need for effective therapies aimed at preventing the occurrence of stokes and subsequent management of its complications, such as anticoagulants and other types of stroke management drugs. 

Growing Adoption of Personalized Medicine: The global anticoagulants market is also seeing trend for implementation of personalized medicine, wherein the provider offering the services is customizing the anticoagulant therapy for each patient, including their genetic makeup as well as other diseases. Therefore, this is done to improve the therapeutic result, and reduction of side effects, thus increasing the efficiency of treatment in general. 

North America is dominating the global anticoagulants market outlook due to a combination of high disease prevalence, advanced healthcare infrastructure, and robust research and development initiatives. The increasing prevalence of cardiac disorders, especially atrial fibrillation and thromboembolic complications, has created a need for efficient anticoagulant treatments. Moreover, the presence of a number of large pharmaceutical players allows for faster innovations and marketing of therapies including NOACs. The existing regulatory infrastructure and availability of modern medical technologies assist this region in maintaining its market superiority. In addition, the growth of the global anticoagulants market in North America is further supported by the improved emphasis placed on preventive care by healthcare providers and patients. 

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Anticoagulants Market

Report ID: SQMIG35B2093

$5,300
BUY NOW GET FREE SAMPLE