Argatroban Market Dynamics, Drivers, Restraints & Opportunity Analysis 2023: Major Players Pfizer, GlaxoSmithKline, SANDOZ

Argatroban is a thrombin inhibitor that prevents blood clotting. Its chemical name is 1- [5 - [(aminoaminomethyl) amino] -1-oxo-2 - [[(1,2,3,4-tetrahydro-3-methyl-8- quinolinyl) ] Amino] pentyl] -4-methyl-2-piperidinecarboxylic acid, monohydrate. It is used to treat symptoms such as heparin-induced thrombocytopenia (HIT). Heparin is a commonly used thrombin inhibitor, but in some cases it lacks platelet count. This has led to the need for heparin alternatives. Argatroban fulfills this need by acting as a thrombin inhibitor without causing complications such as heparin.

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The global argatroban market is categorized by product, application and region. On the basis of products, the market is divided into two branches by Argartoban powder and Argastropan injection. Applications covered in this study include heparin-induced thrombocytopenia (convulsions), percutaneous coronary intervention, and cerebral arterial thrombosis. Geographically markets are analyzed in North America, Europe, Asia Pacific and LAMEA.

The growth of the global argetropan market is caused by an increase in heparin-related complications among patients, an increase in the incidence of percutaneous coronary intervention procedures and cerebral arterial thrombosis. However, an increase in allergies associated with arthritis is expected to hamper market growth.

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Major Market Players:

• Pfizer
• GlaxoSmithKline
• SANDOZ
• Eagle Pharmaceuticals
• Fresenius Kabi
• Teva Pharmaceutical Industries

Key Benefits of Argatroban Market Report:

• This report identifies common opportunities through detailed quantitative analysis of current market trends from 2016 to 2023.
• The market estimates provided in this report are based on a comprehensive analysis of key industry developments.
• Global markets are analyzed in relation to product types, applications and geography.
• Analyze local markets with in-depth geospatial analysis to support strategic business planning.
• The development strategies adopted by major manufacturers help to understand the competition scenarios in the market.

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