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Oral Anticoagulants Market Analysis, Growth Drivers, Key Findings and Trends by Forecast 2027
Oral Anticoagulants Market Analysis, Growth Drivers, Key Findings and Trends by Forecast 2027
The oral Anticoagulants Market size is expected to reach USD 22,561.24 Million by 2023 with a growth rate of CAGR of 12.50%.

There are several factors playing in favor of the global oral anticoagulants market. These are rising numbers of cardiovascular disorders, a surge in geriatric population, and increasing surgical procedures. However, oral anticoagulant drugs may find restrained due to the high price associated with it and the market can witness some slump in the coming years.

The global market for Oral Anticoagulants Market Share is showing substantial potential in garnering a CAGR of 12.50% to surpass a predicted valuation of USD 22,561.24 million between 2015 and 2023, which can be deemed as the forecast period. Companies making a significant impact on the global market for the oral anticoagulants are Pfizer (US), AstraZeneca, Plc (UK), Daiichi Sankyo Company Ltd (Japan), Boehringer Ingelheim GmbH (Germany), Eli Lilly and Company (US), Abbott Laboratories (US), Portola Pharmaceuticals Inc. (US), GlaxoSmithKline plc (UK), Johnson & Johnson Services Inc. (US), Medicure (Canada), and others.

These drugs find significant usage in the cases where the blood gets clotted in arteries or veins and smooth operation of that is much needed. In cases like where a blood clot starts floating in the system and has the chances of getting big, these drugs are used to make sure that the flow becomes normal.

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Segmentation:

The global market report for oral anticoagulants includes disease indication, distribution channel, and product.

  • By product, the market report on oral anticoagulants comprises novel oral anticoagulants and warfarin.
  • By disease indication, the global report based on oral anticoagulants market can be segmented into deep vein thrombosis/ pulmonary embolism, atrial fibrillation (AF)/ stroke prevention, and others.
  • By distribution channel, the global market for oral anticoagulants includes retail pharmacies, hospital pharmacies, and E-commerce.

These companies are known for their extraordinary impact on the global market. The process includes initiatives launched to substantiate various strategic moves that solidify foothold of these companies and ensure holistic growth for the global market.

In October 2019, the American Society of Clinical Oncology (ASCO) issued a guideline that included oral anticoagulants (DOACs) to ensure better management of venous thromboembolism (VTE) for patients who are suffering from cancer.

Regional Analysis:

The Americas, as a market, is expected to show better growth possibilities. Already, the region has countries like the US and Canada from, the northern part and Argentina, Brazil, Colombia, and Chile from the southern part that are known for their extensive market contributions. North America has a better market structure in the healthcare department and is witnessing more people taking part in the regional market growth. Increasing number of surgeries and other procedures are triggering the intake of oral anticoagulant drugs.

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In Europe, the market is finding similar growth in regions like Germany, France, Spain, Italy, the UK, Denmark, Sweden, and other countries. Their healthcare structure is quite extensive and supports various policies that would ensure better market percolation for oral anticoagulant drugs. The regional market is all set fetch high revenues.

In the Asia Pacific region, the integration of top-grade health care equipment is expected to create a better space for the oral anticoagulants market to expand.    

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