Published Date : 09 Sep 2022
The global anticoagulants market size was reached at USD 32 billion in 2021 and is expected to expand around USD 70 billion by 2030 with a CAGR of 9.09% from 2022 to 2030.
At this time, a number of dangerous and serious diseases have shown increasing prevalence in the global context. One of the dangerous diseases is cardiovascular disease, a disorder with high prevalence around the world, especially due to modern lifestyle changes. In general, cardiovascular disorders are treated with a set of cardiovascular drugs, one of the important components of which is a blood thinner. Without the presence of effective blood thinners, blood clots are more likely to form and lead to heart attacks and other serious conditions.
In the current context of the global anticoagulants market, several factors are giving great impetus to the development of these drugs. There is growing awareness about heart health and the possible negative consequences or effects of ignoring it.
The growth of the global anticoagulants market includes the introduction of new types of treatments known as oral approaches blood thinners (NOACs).
What is the regional impact in the anticoagulants market?
Scope of the Report
|Market Size in 2030||USD 70 Billion|
|Growth Rate from 2022 to 2030||CAGR of 9.09%|
|Largest Market||North America|
|By Indication of disease||
|By Administration Route||
|By Drug Class||
|By Distribution Channel||
Rising product awareness and innovation to augment market growth.
One of the major drivers for the growth of the market is the increased awareness of cardiovascular health and the corresponding increase in release therapy. Cardiovascular therapy involves a multifaceted approach that may lead to the use of several types’ medications, but blood thinners are an essential part of this treatment regimen. Moreover, several key market leaders have introduced some anticoagulants, meeting an important therapeutic need for the prevention of blood clots.
Rising demand for advance and effective drugs to fuel the market
The high worldwide prevalence of cardiovascular disease (CVD) and the growing demand for more efficient blood thinner products to drive growth of the market in terms of value sales. Anticoagulants have been the subject of major innovations in research and development since their introduction to the public. Some novels Therapeutic agents such as new oral anticoagulants (NACOs) have been introduced to the world market with great success. Global The current market scenario includes two major anticoagulants: Eliquis and Xarelto. Greater presence of generics and other early launches of generic anticoagulants can have a negative impact on the market. But the nature of cardiovascular disease (CVD) has made it almost impossible to cure and the increase in this ratio has further worsens the treatment outlook for the patient. This has some unmet therapeutic need in the market and is anticipated to be one of the major driving factors in the market.
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