The expected CAGR of the global apixaban market tends to be around 5.70% in the mentioned forecast period. The market was valued at USD 1,765.8 million in 2022 and would grow to USD 2,908.17 million by 2030.
Apixaban is an oral anticoagulant medication that belongs to the class of direct oral anticoagulants (DOACs). It is primarily used for the prevention and treatment of blood clots, including deep vein thrombosis (DVT), pulmonary embolism (PE), and stroke in patients with atrial fibrillation.
The market for apixaban has been significant due to its effectiveness, convenience (as it is administered orally), and favorable safety profile compared to traditional anticoagulants like warfarin. Apixaban is marketed under various brand names, including Eliquis (developed by Bristol-Myers Squibb and Pfizer) and Appaxaban (developed by Aspen Pharmacare).
Eliquis (apixaban) has been one of the leading drugs in the market for oral anticoagulants. It has gained substantial popularity and market share since its approval by regulatory authorities. In recent years, the market for apixaban and other DOACs has grown rapidly, largely due to their improved safety and convenience compared to older anticoagulant options.
A blood clot that forms inside a vein can be treated with apixaban, an anticoagulant that has been licenced by the Food and Drug Administration (FDA). Venous thromboembolic events (VTE) can happen suddenly and without any prior symptoms or warning signals, making them difficult for healthcare professionals to recognise and diagnose. The signs and symptoms that do manifest may be related to either deep vein thrombosis (DVT) or pulmonary embolism (PE), including chest pain, rapid breathing, swelling in the ankle or foot, calf, redness, or obvious discoloured areas. In addition, factor Xa, a serine protease with trypsin-like properties, is crucial to the blood coagulation cascade. Apixaban reduces the production of clots by working on the factor Xa inhibitory pathway.
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Market Segmentations:
Global Apixaban Market: By Company
• Pfizer
• Medichem
• Polpharma
• Beijing Cooperate Pharmaceutical
• Centaur Pharmaceutical
• DEAFARMA
• Dipharma Francis
Global Apixaban Market: By Type
• Capsule Apixaban
• Tablet Apixaban
Segment by Sale Channel
• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy
Global Apixaban Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Apixaban market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Questions Answered in the Apixaban Market Report
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