With the emergence and long-term Impact of COVID-19, Global Clot Busting Drugs Market to reach USD 53.73 Billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Clot Busting Drugs Market points towards a potential rise to USD 53.73 Billion by 2030. Clot-busting drugs are medications used to dissolve blood clots in a medical emergency. These drugs work by activating the body’s natural clot-dissolving system, known as fibrinolysis, to break down the fibrin meshwork that forms blood clots. The most used clot-busting drug is tissue plasminogen activator (tPA), also called alteplase. tPA is a naturally occurring protein in the body that helps dissolve blood clots. The Clot Busting Drugs market is expanding because of factors such as the increasing incidence of thrombotic disorders and government initiatives and funding for the development of thrombolytic drugs.
Geographically, the global Clot Busting Drugs market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022 owing to the dominance of key market players, increasing disease prevalence, and a rising number of research and development activities. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as the rising geriatric, increasing prevalence of diseases, an increase in the number of collaborations for product development, and active participation of government and private organizations in the market space.
The global Clot Busting Drugs market is highly competitive owing to the presence of several key players such as Bayer AG Merck & Co Sun Pharmaceutical Industries Ltd. Johnson & Johnson Services Inc Sanofi-Aventis S.A Boehringer Ingelheim Gmbh, Dr. Reddy’s Laboratories Genentech Inc. Pfizer Inc. Eli Lilly and Company and others.
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Global Clot Busting Drugs Market Size study & Forecast, by Product (Thrombolytic Drugs, Anti-Platelet Drugs, Anticoagulants, Others) by Indication (Deep Vein Thrombosis, Atrial Fibrillation, Pulmonary Embolism, Others), by Route of Administration (Oral, Injectable), by Distribution Channel (Hospital Pharmacy, Drug Store, Online Pharmacy, Retail Pharmacy) and Regional Analysis, 2023-2030
Key findings of the study suggest:
- Global Clot Busting Drugs Market is anticipated to grow with a healthy growth rate of more than 8.2% over the forecast period 2023-2030.
- In the Product segment, Thrombolytic Drugs emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to the dominance of key market players, increasing disease prevalence, and a rising number of research and development activities.
- Asia Pacific is expected to grow at higher rate followed by Europe during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
- Thrombolytic Drugs
- Anti-Platelet Drugs
- Deep Vein Thrombosis
- Atrial Fibrillation
- Pulmonary Embolism
- North America
- Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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