Global Thrombosis Drugs Market 2019-2023
About this market
Sedentary lifestyle is resulting in an increase in the number of thrombosis cases. The increase in sedentary lifestyle is leading to the rise in the prevalence of obesity across the world, thus increasing the risk of thrombosis. Technavio’s analysts have predicted that the thrombosis drugs market will register a CAGR of more than 9% by 2023.
Growing awareness of cardiac care
The increasing awareness of cardiac care is leading to the early diagnosis of various cardiac diseases. Various awareness camps have been organized by the governments and non-government organizations across the world to increase the awareness of heart health among the population.
Strong side-effects of anticoagulants
Anticoagulants or blood thinners are medications that are developed to dissolve blood clots in the body. Blood thinners have high efficacy. However, the side effects associated with the use of these drugs to treat thrombosis are high.
For the detailed list of factors that will drive and challenge the growth of the thrombosis drugs market during the 2019-2023, view our report.
The market appears to be concentrated and with the presence of several companies including Johnson & Johnson, and Sanofi the competitive environment is quite intense. Factors such as the increase in sedentary lifestyle and the increasing awareness of cardiac care, will provide considerable growth opportunities to thrombosis drugs manufactures. Boehringer Ingelheim, Bristol-Myers Squibb, DAIICHI SANKYO, Johnson & Johnson, and Sanofi are some of the major companies covered in this report.
‘With the presence of a considerable number of companies, this market appears to be concentrated and with all companies constantly focusing improving their market positions, the competitive environment among the players is quite intense. The market is witnessing the entry of various generic drug manufacturing companies that are coming up with generic versions of the drugs.’
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