Press release
Apixaban Market by Form (Capsule, and Tablets), and Distribution Channel (Hospitals, Clinics, Retail Pharmacies, and Online Pharmacies): Global Opportunity Analysis and Industry Forecast, 2023-2032
Apixaban is an oral anticoagulant medication used to prevent and treat blood clots. It is commonly used to reduce the risk of stroke and blood clots in patients with atrial fibrillation, as well as to prevent and treat deep vein thrombosis and pulmonary embolism. The global apixaban market is expected to experience significant growth in the coming years, driven by the increasing prevalence of atrial fibrillation and other cardiovascular diseases, as well as the growing demand for oral anticoagulant medications.Apixaban Market Analysis and Size
The market is anticipated to experience significant development over the forecast period. Apixaban is typically prescribed to patients with nonvalvular atrial fibrillation to lower their chance of stroke and systemic embolism. Eliquis should be taken in doses of 5 milligrams twice daily. Both capsules and tablets of apixaban are offered for sale in the market. Advanced anticoagulants are being developed, which will boost demand and give patients and medical professionals a wide range of options.
The Market Research examines the rate of development of the global apixaban market from 2023 to 2032. During the aforementioned projection period, the global apixaban market is anticipated to grow at a CAGR of roughly 5.70%. By 2030, the industry, which had a 2022 valuation of USD 1,765.8 million, would have reached USD 2,908.17 million. The market report created by the market research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework in addition to market insights like market value, growth rate, market segments, geographic coverage, market players, and market scenario.
Market Definition
Apixaban is an FDA-approved anticoagulant which is used for the treatment of venous thromboembolic events that forms inside a vein. Venous thromboembolic events (VTE) can occur without any typical symptoms or warning signs. The common symptoms associated with either deep vein thrombosis (DVT) or either pulmonary embolism (PE) are chest pain, pain in the calf, redness or noticeable discoloration spots, swelling in the ankle or foot, and others.
A blood clot that forms inside a vein can be treated with apixaban, an anticoagulant that has been authorized by the Food and Drug Administration (FDA). Venous thromboembolic events (VTE) can happen suddenly and without any prior symptoms or warning signs, making them difficult for healthcare professionals to identify and diagnose. The signs and symptoms that do manifest may be related to either deep vein thrombosis (DVT) or pulmonary embolism (PE), including chest discomfort, rapid respiration, swelling in the ankle or foot, calf, redness, or obvious discoloration spots. In addition, factor Xa, a serine protease with trypsin-like properties, is crucial to the blood coagulation process. Apixaban works on the factor Xa inhibitory mechanism, which decreases the formation of clots stimulated by thrombin. Apixaban is indicated to reduce the risk of systemic embolism and stroke in patients with nonvalvular atrial fibrillation. Apixaban is sold under the trade name of Eliquis.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Apixaban manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Apixaban market covering all its essential aspects.
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Global Apixaban Market: Segmentations
Global Apixaban Market: By Types
Capsule Apixaban
Tablet Apixaban
Global Apixaban Market: By Applications
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Global Apixaban Market: Major Players
Pfizer
Medichem
Polpharma
Beijing Cooperate Pharmaceutical
Centaur Pharmaceutical
DEAFARMA
Dipharma Francis
Global Apixaban Market: By Regions
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Top Impacting Factors
• The market for apixaban is anticipated to expand as venous thromboembolism-related illnesses are becoming more prevalent and cardiovascular diseases are becoming more common.
• The frequency of atrial fibrillation, venous thromboembolism, and stroke is on the rise, as are the numbers of the elderly and the prevalence of obesity, among other things.
• Additionally, the expansion of apixaban's therapeutic indications is anticipated to fuel market development.
• Additionally, the market growth has been supported by ongoing economic development, which has led to improved healthcare awareness and the creation of healthcare infrastructure.
• Apixaban's negative side effects, such as an elevated risk of thrombotic events following premature discontinuation and bleeding, are anticipated to restrain market expansion.
Analysis of the impact of COVID-19 and the Russia-Ukraine War:
The readers of this section will be better informed on the effects of the pandemic, the post-pandemic, and the Russia-Ukraine War on the global market for refrigerated freight services. The factors that have changed since the poll was done include demand, consumption, transportation, consumer behavior, and supply chain management. Industry experts have also emphasized the crucial factors that will help players identify opportunities and maintain the sector as a whole in the approaching years.
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support
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About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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