PUBLISHER: Value Market Research | PRODUCT CODE: 1578246
PUBLISHER: Value Market Research | PRODUCT CODE: 1578246
The global demand for Apixaban Market is presumed to reach the market size of nearly USD 33.71 Billion by 2032 from USD 17.36 Billion in 2023 with a CAGR of 7.65% under the study period 2024-2032.
Apixaban is an anticoagulant drug used to treat and prevent blood clots and strokes in people with nonvalvular atrial fibrillation. Apixaban is a blood thinner that is intended to prevent blood clots from forming following hip or knee replacement surgery, which can lead to lungs blood clots (pulmonary embolism). It's used instead of warfarin because it doesn't require blood tests or dietary restrictions. Apixaban belongs to the factor Xa inhibitors class of drugs. It works by stopping a natural substance that assist in the formation of blood clots. Apixaban is marketed under the name Eliquis. It is taken orally in the form of tablets. The most common side effects are bleeding and nausea. It is not recommended to take apixaban while pregnant or breastfeeding. In people with mild renal issues, it appears to be relatively safe to use. Eliquis interacts with fewer medications than warfarin.
Rising therapeutic indications for apixaban, an increase in the prevalence of atrial fibrillation, venous thromboembolism, and stroke are substantially contributing to the market growth. Furthermore, an increase in the geriatric population, an increase in the prevalence of obesity are supplementing market development. Additionally, a rising surge in healthcare expenditures worldwide and increasing government and private organizations investing significantly in healthcare research and development are other key factors driving the apixaban market. Moreover, rising potential in emerging economies, and increasing technological advancements and modernization in the healthcare sector, will expand the market for apixaban. However, apixaban's side effects, such as an increased risk of thrombotic events and bleeding if taken too soon, are likely to limit its use, thereby hampering the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Apixaban. The growth and trends of Apixaban industry provide a holistic approach to this study.
This section of the Apixaban market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Apixaban market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Apixaban market include F. Hoffmann-La Roche Ltd, Hikma Pharmaceuticals PLC, Eisai Co. Ltd, Sanofi S.A., Yino Pharma Limited, Mylan N.V., Bristol Myers Squibb Company, Abbott Laboratories, Hebei Changshan Biochemical Pharmaceutical Co. Ltd, Nanjing Jianyou Biochemical Pharmaceutical Co. Ltd., Aspen Holdings, Fresenius Kabi AG, Pfizer Inc., Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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