Product ID: SQMIG35B2093
Global 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) - Industry Forecast 2024-2031
Report ID:
SQMIG35B2093 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
61 |
Figures:
75
Global Anticoagulants Market Insights
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).
Global anticoagulants market has witnessed significant growth in recent years, driven by rising prevalence of chronic diseases and the adoption of unhealthy lifestyles that have contributed to the growing incidence of cardiovascular diseases. Consequently, there is a rising demand for anticoagulants in the market. According to the World Health Organization (WHO) and the Cureus Journal of Medical Science, cardiovascular diseases are a leading cause of death worldwide, with approximately 17.9 million deaths occurring annually, representing 35% of global deaths. Among these deaths, 85% are attributed to heart attacks and strokes. Ischemic heart disease (IHD) has emerged as a prominent contributor to global mortality. It affects around 126 million individuals worldwide, accounting for approximately 1.72% of the world's population. Moreover, projections indicate that the prevalence of IHD is expected to surpass 1,845 per 100,000 individuals by 2030. Anticoagulants help prevent blood clotting, reducing the risk of heart attacks, strokes, and other cardiovascular complications. In addition to conventional anticoagulant therapies, novel oral anticoagulants (NOACs) have gained prominence. These newer drugs offer advantages such as improved safety profiles, simplified dosing regimens, and fewer drug interactions compared to traditional anticoagulants like warfarin. The growing adoption of NOACs by healthcare professionals and patients has further fueled the growth of the global anticoagulants market.
US Anticoagulants Market is poised to grow at sustainable CAGR for the next forecast year.
Global Anticoagulants Market Report Snapshots
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