Published Date: 30-Aug-2023
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According to a new report, published by KBV research, The Global Clot Busting Drugs Market size is expected to reach $47.7 billion by 2030, rising at a market growth of 7.9% CAGR during the forecast period.
The Hospital Pharmacy segment acquired maximum revenue share in the Global Clot Busting Drugs Market by Distribution Channel in 2022; thereby, achieving a market value of $22.6 billion by 2030. Hospital pharmacies are essential to managing and providing these drugs for patients. Clot-busting innovative medicines have increased the treatment options available to patients with thrombotic conditions. The efficacy & safety profiles of newer drugs, such as thrombolytics and antiplatelet agents, have been enhanced. Hospital pharmacies are responsible for acquiring and storing these drugs to ensure prompt administration in emergencies.
The Anti-Platelet Drugs segment would experience a CAGR of 8.9% during (2023 - 2030). Antiplatelet medicine is a type of medication that works by reducing platelet aggregation and preventing the development of a thrombus. These medications are frequently referred to as inhibitors of platelet aggregation. They aid in preventing platelets from adhering to one another to form a clot, hence reducing the development of potentially hazardous blood clots. Where anticoagulants are less potent than in the arterial circulation, they exhibit high efficacy.
The Injectable segment is leading the Global Clot Busting Drugs Market by Route of Administration in 2022; thereby, achieving a market value of $34.2 billion by 2030. The rapid dissolution of blood clots is made possible by injectable clot-busting medications, also called thrombolytic agents. Injectable versions of clot-busting drugs are frequently more bioavailable than oral or topical formulations. The medicine is distributed quickly and completely throughout the body using intravenous infusions, which helps it more efficiently reach the clot. Patient outcomes may be improved as a result of this increased drug delivery.
The Atrial Fibrillation segment would experience a CAGR of 8.1% during (2023 - 2030). The most prevalent arrhythmia, atrial fibrillation, develops when the atria, the heart's top chambers, experience irregular electrical impulses. Due to the increasing number of elderly people in the population, this segment of the market is expanding. In addition, the market is expected to grow as a result of novel medical therapies based on genetics and biotechnology.
The North America region dominated the Global Clot Busting Drugs Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $16.3 billion by 2030. The Europe region is estimated to grow at a CAGR of 7.7% during (2023 - 2030). Additionally, The Asia Pacific region would showcase a CAGR of 8.9% during (2023 - 2030).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Sanofi S.A., Dr. Reddy’s Laboratories Ltd., Bayer AG, Boehringer Ingelheim International GmbH, Sun Pharmaceutical Industries Ltd., Bristol Myers Squibb Company, Eli Lilly And Company, Johnson & Johnson (Johnson & Johnson Services, Inc.), Pfizer, Inc., Merck & Co., Inc.
By Distribution Channel
By Route of Administration
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