Impact Analysis of Covid-19 On Antiplatelet Drugs is Booming Worldwide | AstraZeneca Plc, Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company

Antiplatelet drugs are most effective for arterial clots that are made largely of platelets. These drugs prevent platelets from clumping and avoid clot formation. To achieve this effect, several of these medications act on receptors and proteins that receive chemical signals and cause cells to bind. Antiplatelet drugs are used as a first-line antithrombotic therapy for the management of acute ischemic syndromes and prevent their recurrence. For instance, aspirin blocks a blood-clotting chemical called thromboxane. The drug is sold under various brand names, such as Ecotrin, Aspir, Bayer, and Easprin. Aspirin is often prescribed to people experiencing a heart attack as the drug can effectively and rapidly inhibit platelet activity and growth of blood clot, thereby maintaining some measure of blood flow.

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Market Dynamics

Increasing incidence of chronic diseases such as obesity, diabetes, and cardiovascular diseases (CVDs) is increasing the risk of heart attacks, which in turn is propelling demand for antiplatelet drugs. According to a report American Diabetes Association, in 2015, around 30.3 million people in the U.S suffered from diabetes, which was 9.4% of the country’s total population. According to a report by American Heart Association (AHA), in 2013, cardiovascular diseases accounted for over 17.3 million deaths worldwide, representing 31% of all deaths. According to the same source, CVDs are projected to affect 23.6 million people by 2030.

Moreover, increasing geriatric population, which is associated with high susceptibility to chronic diseases related to cardiac disorders is expected to boost growth of the global antiplatelet drugs market. According to the American Heart Association 2016 data, an estimated 85.6 million American adults suffer from 1 or more types of cardiovascular disease and 43.7 million of these are estimated to be 60 years or more.

However, side effects associated with antiplatelet drugs including bleeding is expected to adversely impact antiplatelet drugs market growth during the forecast period. Unforeseen incidences of increased bleeding risk and recurrent arterial thrombosis observed in patients have hampered the development of superior next generation antiplatelet therapies.

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Detailed Segmentation:

Global Antiplatelet Drugs Market, By Drug Class:
Irreversible Cyclooxygenase (COX) Inhibitors
Adenosine Diphosphate (ADP) Receptor Inhibitors
Glycoprotein IIB/IIIA Inhibitors
Adenosine Reuptake Inhibitors
Thromboxane Inhibitors and Phosphodiesterase Inhibitors
Global Antiplatelet Drugs Market, By Mode of Administration:
Oral
Intravenous
Global Antiplatelet Drugs Market, By Application:
Angioplasty
Arterial Thrombosis
Myocardial Infarction
Percutaneous Coronary Interventions
Others

Key players operating in the global antiplatelet drugs market include, AstraZeneca Plc, Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company, Daiichi Sankyo, Inc., Eli Lilly and Company, Merck & Co., Inc., Otsuka Pharmaceutical Company, Ltd., Sanofi, and The Medicines Company. Manufactures in the antiplatelet drugs market are focused on targeting either surface receptors or enzymes in the platelet in order to protect against unwanted clot formation following initial platelet activation.

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NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details

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