Clot Buster Drugs Market to Grow with Impressive CAGR During the Forecast Period
Global Clot Buster Drugs Market is driven by increasing
heart disease instances in the forecast period, 2023-2027.
According to TechSci Research report, “Clot
Buster Drugs Market - Global Industry Size, Share, Trends, Opportunity and
Forecast, 2017-2027”, the global clot buster drugs market has a
potential to project an impressive CAGR toward forces growth in the period, 2023-2027,
on the account of increasing instances of cardiovascular diseases. Increasing
mortality rate due to patients suffering from heart attack and stroke is
further driving the growth of the global clot buster drugs market in the
upcoming five years.
Also, increasing demand for the pharmaceutical products as an immediate
response for heart attacks and strokes further support the growth of the global
clot buster drugs market in the next five years. Advancing pharmaceutical
industry and advancement of clot busting therapeutic products further
substantiate the growth of the global clot buster drugs market in the future
five years.
Increasing demand for more efficient and effective treatment and
pharmaceuticals for the surging cases of strokes like ischemic strokes is
further anticipated to aid the growth of the global clot buster drugs market in
the forecast years, until 2027.
Increasing research, technological development, and increased investment
are some of the other factors driving the growth of the global clot buster
drugs market in the forecast period. Although, increasing awareness among the
population toward precautions and monitoring their diet, habits, etc. to improve
their quality of life may slow down the demand for clot buster drugs and thus
affect the growth of the global clot buster drugs market in the upcoming five
years.
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The global clot buster drugs market segmentation is based on type,
application, distribution channel, regional distribution, and competitive
landscape. Based on type, the market is divided between fibrin specific drugs
and non-fibrin specific drugs. Further segmentation of fibrin specific drug is
defined into tissue plasminogen activator, Reteplase,
Tenecteplase, and others.
Fibrin specific drugs are fibrinolysis causing agents that do not have
any significant lytic actions but acts as a blood dissolving agent during
stroke conditions. These drugs include tissue plasminogen activator (tPA)
initiates dissolution of blood clots during stroke situation. The drug is quite
risky and requires monitored administration since side effects include slurred
speech, immobility or brain damage in adverse situations.
Whereas non-fibrin specific drugs are differentiated into urokinase,
streptokinase, and plasminogen activating complex. Urokinase is a serine
protease type of drug which is specifically used to treat blood clotting in
lungs. Streptokinase is a thrombolytic drug that is utilized during the cases
of myocardial infarction, pulmonary embolism, and arterial thromboembolism.
Based on application, the market is further segmented into myocardial
infarction, pulmonary embolism, deep vein thrombosis, acute ischemic strokes,
and others. Acute ischemic strokes are anticipated to hold the largest revenue
shares and dominate the market segment in the upcoming five years on the
account of increasing cases of ischemic strokes among the global population. In
2017, 82.42 million cases were registered globally of the population that
suffered from ischemic strokes.
Some of the market players, dominating the global market are:
·
F. Hoffmann-La Roche AG
·
Taj Pharmaceuticals Limited
·
Eumedica Pharmaceuticals SA
·
SEDICO Pharmaceutical Company
·
Mochida Pharmaceutical Co., Ltd
·
Medac GmbH
·
Microbix Biosystems Inc
·
Crinos S.p.A.
The existing market players
are highly invested in research and product development along with viable
service provisions for the consumers. New market entrants may follow similar
strategies along with merger and acquisition methods for future brand
establishment.
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“North America is anticipated to dominate the regional
distribution of the global clot buster drugs market in the upcoming five years
due to increasing cardiovascular diseases instances in the countries like the
United States, Canada, etc. Surge in the demand for the clot busting drugs as
an immediate response to heart attacks and strokes along with the increasing
instances of heart attacks and strokes is driving the growth of the global clot
buster drugs market in the next five years. Sedentary lifestyle and increasing
instances of lifestyle diseases like diabetes, high cholesterol levels,
obesity, and high blood pressure further increase the chances of strokes thus
aiding to the growth of the global clot buster drugs market in the future five
years. Patients at a risk of heart attacks and are already suffering from
severe heart conditions need to monitor their situations and in the emergency
circumstance of stroke are required to administer clot buster drugs withing 90
minutes of the stroke episode. Increasing concerns and patient awareness is
also aiding the growth of the global clot buster drugs market in the forecast
years. New market players may form partnerships with the global pharmaceutical
giants for their future brand establishments,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Clot Buster Drugs Market
- Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented
By Type (Fibrin Specific Drugs {Tissue Plasminogen Activator, Reteplase,
Tenecteplase, Others} v/s Non-Fibrin Specific Drugs {Urokinase, Streptokinase,
Plasminogen Activating Complex}), By Application (Myocardial Infarction,
Pulmonary Embolism, Deep Vein Thrombosis, Acute Ischemic Strokes, Others), By
Distribution Channel (Retail Pharmacies, Hospital Pharmacies, Online
Pharmacies), By Region”,
has evaluated the future growth potential of global clot buster drugs and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global clot buster drugs market.
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