Market Introduction
Anticoagulant reversal drugs are required to reverse the effect of anticoagulation in certain situations such as unplanned surgery, overdose of anticoagulant therapy, and uncontrolled bleeding. In medical conditions such as venous thromboembolism, atrial fibrillation (AF), mechanical valve replacement, and other coagulation disorders such as antiphospholipid antibody syndrome, Factor V Leiden, anticoagulant reversal drugs are used.
Thus, the increasing prevalence of stroke is expected to create a significant demand for anticoagulant reversal drugs in the coming years, which is further anticipated to drive the anticoagulant reversal drug market.
Market Overview and Dynamics
The anticoagulant reversal drug market in North America is expected to grow from US$ 414.7 million in 2019 to US$ 1,037.9 million by 2027; it is estimated to grow at a CAGR of 12.8% from 2019 to 2027. Rapidly progressing research activities in drug development of novel therapeutics across the world to counter the growing prevalence of cardiovascular diseases, such as atrial fibrillation is driving the growth of the anticoagulant reversal drugs market. There is always a need for innovative therapeutic approaches in the treatment of various cardiovascular indications. For instance, the study titled ‘Evaluation of andexanet alfa and four‐factor prothrombin complex concentrate (4F‐PCC) for reversal of rivaroxaban‐ and apixaban‐associated intracranial hemorrhages,’ published in February 2020, was conducted in Massachusetts General Hospital, to investigate the efficacy of andexanet alfa in the treatment of intracranial hemorrhages (ICH). This is bolstering the growth of the anticoagulant reversal drug market.
Key Market Segments
In terms of product, the vitamin K segment accounted for the largest share of the North America anticoagulant reversal drug market in 2019. In terms of distribution channel, the hospital pharmacies segment held a larger market share of the anticoagulant reversal drug market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the anticoagulant reversal drug market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Boehringer Ingelheim International GmbH, Pfizer Inc, Octapharma AG, AMAG PHARMACEUTICALS, INC., Fresenius Kabi AG, Alexion Pharmaceuticals, Inc. (Portola Pharmaceuticals), CSL Limited, and Grifols, S.A.
Reasons to buy report
NORTH AMERICA ANTICOAGULANT REVERSAL DRUG MARKET SEGMENTATION
By Product
By Distribution Channel
By Country
Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 414.7 Million |
| Market Size by 2027 | US$ 1,037.9 Million |
| CAGR (2019 - 2027) | 12.8% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Anticoagulant Reversal Drug Market is valued at US$ 414.7 Million in 2019, it is projected to reach US$ 1,037.9 Million by 2027.
As per our report North America Anticoagulant Reversal Drug Market, the market size is valued at US$ 414.7 Million in 2019, projecting it to reach US$ 1,037.9 Million by 2027. This translates to a CAGR of approximately 12.8% during the forecast period.
The North America Anticoagulant Reversal Drug Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Anticoagulant Reversal Drug Market report:
The North America Anticoagulant Reversal Drug Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Anticoagulant Reversal Drug Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Anticoagulant Reversal Drug Market value chain can benefit from the information contained in a comprehensive market report.
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