PUBLISHER: The Business Research Company | PRODUCT CODE: 1702764
PUBLISHER: The Business Research Company | PRODUCT CODE: 1702764
Apixaban Global Market Report 2025
Apixaban, classified as a direct oral anticoagulant (DOAC), is an oral medication employed to mitigate the risk of stroke and systemic embolism in individuals afflicted with nonvalvular atrial fibrillation, a type of irregular heartbeat. Furthermore, it is administered to prevent and treat deep vein thrombosis (DVT) and pulmonary embolism (PE), as well as to forestall DVT, which can culminate in PE, particularly following hip or knee replacement surgery.
Apixaban is available primarily in capsule and tablet forms. Capsules, encasing the medication within a gelatin shell meant for ingestion as a whole, dissolve within the digestive tract to release the active compound. Its utilization spans various applications such as DVT and PE across diverse end-user settings including hospitals, home care, specialty clinics, and others.
The apixaban market research report is one of a series of new reports from the business research company that provides apixaban market statistics, including apixaban industry global market size, regional shares, competitors with an apixaban market share, detailed apixaban market segments, market trends, and opportunities, and any further data you may need to thrive in the apixaban industry. This apixaban market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The apixaban market size has grown strongly in recent years. It will grow from $2.92 billion in 2024 to $3.19 billion in 2025 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to increased incidence of atrial fibrillation, aging population, regulatory approvals and expansions, favorable clinical outcomes, and shift from warfarin to NOACs.
The apixaban market size is expected to see strong growth in the next few years. It will grow to $4.48 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to continued incidence of cardiovascular diseases, increasing awareness and diagnosis rates, expansion in emerging markets, aging global population, health policy and reimbursement changes. Major trends in the forecast period include advancements in drug delivery systems, increasing research and developments, innovation and collaborations, approval of apixaban by the FDA, digital health and telemedicine.
The increasing prevalence of cardiovascular disease is anticipated to drive the expansion of the apixaban market. Cardiovascular disease encompasses various heart and blood vessel conditions, such as coronary artery disease, stroke, and heart failure. This rise is attributed to factors such as sedentary lifestyles, poor diets, tobacco use, obesity, high blood pressure, diabetes, and aging populations. Apixaban plays a crucial role in managing cardiovascular disease by reducing the risk of blood clots and preventing conditions such as stroke, deep vein thrombosis, and pulmonary embolism. For example, in January 2024, the American Heart Association reported a slight increase in cardiovascular disease-related deaths in the US compared to the previous year. This underscores the significance of apixaban in addressing this health concern.
Key players in the apixaban market are prioritizing the development of innovative products, including generic anticoagulant medications, to enhance affordability and accessibility for patients. Generic anticoagulant drugs inhibit blood clot formation, thereby reducing the risk of stroke and other cardiovascular events. For instance, in October 2022, Tiefenbacher Pharmaceuticals introduced a generic version of apixaban in Canada, catering to various thrombotic disorders. Through partnerships with generic pharmaceutical companies, they aim to distribute these cost-effective anticoagulant tablets globally, benefiting healthcare systems and patients alike.
In September 2022, SK Capital Partners acquired Apotex Pharmaceutical Holdings Inc., a Canada-based pharmaceutical company specializing in apixaban oral anticoagulants. This acquisition is poised to bring significant changes to the pharmaceutical sector, impacting drug manufacturing, distribution, and research efforts.
Major companies operating in the apixaban market are Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche Ltd, Merck & Co. Inc., Sanofi S.A., Bristol-Myers Squibb Company, Eli Lilly and Company, Amgen Inc., Viatris Inc., Teva Pharmaceutical Industries Ltd., Sandoz Group AG, Daiichi Sankyo Company Limited, Fresenius Kabi AG, Hetero Drugs Ltd, Eisai Co. Ltd, Sun Pharmaceutical Industries Ltd., Aurobindo Pharma Limited, Dr. Reddy's Laboratories Ltd., Cipla Limited, Aspen Pharmacare Holdings Limited, Lupin Limited, Glenmark Pharmaceuticals Ltd., Torrent Pharmaceuticals Ltd, Medichem S.A., Centaur Pharmaceuticals Pvt. Ltd., Simson Pharma Limited, OPOCRIN SPA, Pinnacle Life Sciences Private Limited
North America was the largest region in the apixaban market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the apixaban market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the apixaban market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The apixaban market consists of sales of generic drugs, oral tablets and blister packs. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Apixaban Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on apixaban market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for apixaban ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The apixaban market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
- Markets Covered:1) By Dosage Form: Capsule; Tablets
- 2) By Application: Deep Vein Thrombosis (DVT); Pulmonary Embolism (PE)
- 3) By End-Users: Hospitals; Homecare; Specialty Clinics; Other End-Users
- Subsegments:
- 1) By Capsule: 2.5 mg Capsule; 5 mg Capsule
- 2) By Tablets: 2.5 mg Tablet; 5 mg Tablet
- Companies Mentioned: Pfizer Inc.; Johnson & Johnson; F. Hoffmann-La Roche Ltd; Merck & Co. Inc.; Sanofi S.A.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Table of Contents
1. Executive Summary
2. Apixaban Market Characteristics
3. Apixaban Market Trends And Strategies
4. Apixaban Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Apixaban Growth Analysis And Strategic Analysis Framework
- 5.1. Global Apixaban PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Apixaban Market Growth Rate Analysis
- 5.4. Global Apixaban Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Apixaban Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Apixaban Total Addressable Market (TAM)
6. Apixaban Market Segmentation
- 6.1. Global Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Capsule
- Tablets
- 6.2. Global Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Deep Vein Thrombosis (DVT)
- Pulmonary Embolism (PE)
- 6.3. Global Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Hospitals
- Homecare
- Specialty Clinics
- Other End-Users
- 6.4. Global Apixaban Market, Sub-Segmentation Of Capsule, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 2.5 mg Capsule
- 5 mg Capsule
- 6.5. Global Apixaban Market, Sub-Segmentation Of Tablets, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 2.5 mg Tablet
- 5 mg Tablet
7. Apixaban Market Regional And Country Analysis
- 7.1. Global Apixaban Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 7.2. Global Apixaban Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Apixaban Market
- 8.1. Asia-Pacific Apixaban Market Overview
- Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 8.3. Asia-Pacific Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 8.4. Asia-Pacific Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Apixaban Market
- 9.1. China Apixaban Market Overview
- 9.2. China Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
- 9.3. China Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
- 9.4. China Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Apixaban Market
- 10.1. India Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 10.2. India Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 10.3. India Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Apixaban Market
- 11.1. Japan Apixaban Market Overview
- 11.2. Japan Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 11.3. Japan Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 11.4. Japan Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Apixaban Market
- 12.1. Australia Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 12.2. Australia Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 12.3. Australia Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Apixaban Market
- 13.1. Indonesia Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 13.2. Indonesia Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 13.3. Indonesia Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Apixaban Market
- 14.1. South Korea Apixaban Market Overview
- 14.2. South Korea Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 14.3. South Korea Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 14.4. South Korea Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Apixaban Market
- 15.1. Western Europe Apixaban Market Overview
- 15.2. Western Europe Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 15.3. Western Europe Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 15.4. Western Europe Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Apixaban Market
- 16.1. UK Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 16.2. UK Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 16.3. UK Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Apixaban Market
- 17.1. Germany Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 17.2. Germany Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 17.3. Germany Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Apixaban Market
- 18.1. France Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 18.2. France Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 18.3. France Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Apixaban Market
- 19.1. Italy Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 19.2. Italy Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 19.3. Italy Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Apixaban Market
- 20.1. Spain Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 20.2. Spain Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 20.3. Spain Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Apixaban Market
- 21.1. Eastern Europe Apixaban Market Overview
- 21.2. Eastern Europe Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 21.3. Eastern Europe Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 21.4. Eastern Europe Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Apixaban Market
- 22.1. Russia Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 22.2. Russia Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 22.3. Russia Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Apixaban Market
- 23.1. North America Apixaban Market Overview
- 23.2. North America Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 23.3. North America Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 23.4. North America Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Apixaban Market
- 24.1. USA Apixaban Market Overview
- 24.2. USA Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 24.3. USA Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 24.4. USA Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Apixaban Market
- 25.1. Canada Apixaban Market Overview
- 25.2. Canada Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 25.3. Canada Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 25.4. Canada Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Apixaban Market
- 26.1. South America Apixaban Market Overview
- 26.2. South America Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 26.3. South America Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 26.4. South America Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Apixaban Market
- 27.1. Brazil Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 27.2. Brazil Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 27.3. Brazil Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Apixaban Market
- 28.1. Middle East Apixaban Market Overview
- 28.2. Middle East Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 28.3. Middle East Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 28.4. Middle East Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Apixaban Market
- 29.1. Africa Apixaban Market Overview
- 29.2. Africa Apixaban Market, Segmentation By Dosage Form, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 29.3. Africa Apixaban Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 29.4. Africa Apixaban Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Apixaban Market Competitive Landscape And Company Profiles
- 30.1. Apixaban Market Competitive Landscape
- 30.2. Apixaban Market Company Profiles
- 30.2.1. Pfizer Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Johnson & Johnson Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. F. Hoffmann-La Roche Ltd Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Merck & Co. Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Sanofi S.A. Overview, Products and Services, Strategy and Financial Analysis
31. Apixaban Market Other Major And Innovative Companies
- 31.1. Bristol-Myers Squibb Company
- 31.2. Eli Lilly and Company
- 31.3. Amgen Inc.
- 31.4. Viatris Inc.
- 31.5. Teva Pharmaceutical Industries Ltd.
- 31.6. Sandoz Group AG
- 31.7. Daiichi Sankyo Company Limited
- 31.8. Fresenius Kabi AG
- 31.9. Hetero Drugs Ltd
- 31.10. Eisai Co. Ltd
- 31.11. Sun Pharmaceutical Industries Ltd.
- 31.12. Aurobindo Pharma Limited
- 31.13. Dr. Reddy's Laboratories Ltd.
- 31.14. Cipla Limited
- 31.15. Aspen Pharmacare Holdings Limited
32. Global Apixaban Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Apixaban Market
34. Recent Developments In The Apixaban Market
35. Apixaban Market High Potential Countries, Segments and Strategies
- 35.1 Apixaban Market In 2029 - Countries Offering Most New Opportunities
- 35.2 Apixaban Market In 2029 - Segments Offering Most New Opportunities
- 35.3 Apixaban Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies
36. Appendix
- 36.1. Abbreviations
- 36.2. Currencies
- 36.3. Historic And Forecast Inflation Rates
- 36.4. Research Inquiries
- 36.5. The Business Research Company
- 36.6. Copyright And Disclaimer
