Anticoagulants Market Report 2023: By Key Players, Trends, Size, Share and Forecast 2023-2029

The global anticoagulants market is estimated to grow at a CAGR of 7.2% during the forecast period. A significant number of pipeline drugs is expected to offer an opportunity for market growth. For instance, in October 2020, Janssen declared that it submitted a supplemental New Drug Application (sNDA) to the FDA to increase the XARELTO application for peripheral artery disease (PAD) patients to comprise decreasing the risk of major thrombotic vascular events, including amputation and heart attack, in symptomatic patients after recent lower-extremity revascularization (LER). It is currently approved to decrease the risk of major CVD events in patients with chronic PAD or coronary artery disease (CAD).

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Further, in December 2019, the Bristol-Myers Squibb-Pfizer Alliance declared outcomes from retrospective real-world data analyses which reports outcomes on the safety and efficacy of Eliquis (apixaban) than low molecular weight heparin (LMWH) or warfarin to treat venous thromboembolism (VTE) in patients with active cancer. Eliquis reduces blood clot formation and thrombin generation by impeding Factor Xa, a major blood-clotting protein. It is approved for multiple indications in the US based on safety and effectiveness data from several Phase 3 clinical trials. The launches of these new drugs will further increase the availability of novel anticoagulant drugs, which in turn, will likely accelerate the market growth.

Scope of the Global Anticoagulants Market

Market Coverage

Market number available for 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- By Type and Application
Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World
Competitive Landscape- Johnson & Johnson Services, Inc., Bristol Myers Squibb Co., Pfizer Inc., Daiichi Sankyo Co. Ltd., and Boehringer Ingelheim GmbH

Recent Strategic Initiatives in the Global Anticoagulants Market

In December 2019, the US FDA approved two applications for the first generics of Eliquis (apixaban) tablets which are intended to minimize the risk of systemic embolism and stroke in patients with nonvalvular atrial fibrillation. It is also intended for the prophylaxis of deep vein thrombosis (DVT), which may result in pulmonary embolism (PE), in patients who have experienced hip or knee replacement surgery. Moreover, this drug is intended to treat DVT and PE and decrease the risk of recurrent DVT and PE following initial therapy. The US FDA permitted approval of the generic apixaban applications to Mylan Pharmaceuticals Inc. and Micro Labs Ltd.
In January 2019, AMAG Pharmaceuticals, Inc. acquired Perosphere Pharmaceuticals Inc., a biopharmaceutical firm. With this acquisition, AMAG adds ciraparantag to its development portfolio. It is in development for application in patients treated with low molecular weight heparin (LMWH) or novel oral anticoagulants (NOACs).

Key questions addressed by the report

What is the market growth rate?
Which segment/region dominates the market in the base year?
Which segment/region will project the fastest growth in the market?
How COVID-19 impacted the market?
Recovery Timeline
Deviation from the pre-COVID-19forecast
Most affected region/segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Anticoagulants Market-Segmentation

By Type

Novel Oral Anticoagulants (NOACs)
Vitamin K Antagonist
Heparin and Low Molecular Weight Heparin (LMWH)

By Application

Pulmonary Embolism
Atrial Fibrillation/Myocardial Infarction (Heart Attack)
Deep Vein Thrombosis (DVT)
Others

A full report of anticoagulants market is available at: https://www.omrglobal.com/industry-reports/anticoagulants-market

Global Anticoagulants Market- Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Abbott Laboratories
AstraZeneca plc
Baxter International, Inc.
Bayer AG
Boehringer Ingelheim GmbH
Bristol Myers Squibb Co.
Cipla, Ltd.
Daiichi Sankyo Company, Ltd.
Reddy's Laboratories, Ltd.
GlaxoSmithKline plc
Johnson & Johnson Services, Inc.
Lupin, Ltd.
Merck & Co., Inc.
Mylan N.V.
Novartis International AG
Pfizer, Inc.
Portola Pharmaceuticals, Inc.
Sanofi S.A.
Sun Pharmaceutical Industries, Ltd.

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