The antithrombin market is likely to showcase a robust growth of around 5% during the forecast period (2021-2027).
A comprehensive overview of the antithrombin market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the antithrombin market globally. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the global market at regional and country levels. The antithrombin market is likely to showcase a robust growth of around 5% during the forecast period (2021-2027).
Market Overview
Antithrombin is produced by the liver, it is a protein present in blood that inhibits blood clotting by inactivating thrombin. antithrombin deficiency caused due to other diseases such as nephrotic syndrome, liver failure, severe trauma, metastatic tumors, and genetic mutation. Moreover, advancements in drug administering technology and rising diseases related to blood clotting are further contributing to the growth of this market. Additionally, antithrombin deficiency may lead to the risk of thromboembolism, which can result in excessive bleeding during surgical procedures. Antithrombin III is preferentially utilized for extracorporeal membrane oxygenation (ECMO) during cardiopulmonary bypass.
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The antithrombin market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By application, the market is primarily bifurcated into:
· Therapeutic
· Research
· Diagnostics
Based on application, the antithrombin market is segmented into therapeutic, research, and diagnostics. In 2020, the therapeutic category is anticipated to witness a lucrative growth rate during the forecast period. This is mainly due to the rising number of cardiac surgeries, research and development of drugs, and heart-related diseases such as atrial fibrillation, heart failure, etc. these factors increase demands for antithrombin in the therapeutic category. Moreover, antithrombic drugs and treatments have become an imperative part of the treatment of heart diseases. These factors will drive the growth of this segment during the forecast period.
By source, the market is primarily bifurcated into:
· Human
· Goat Milk
· Others
Based on source, the antithrombin market is segmented into the human, goat milk, and others. The goat milk category is supposed to witness considerable growth during the forecast period because of its proven medical efficacy. Goat milk is the main outside source of antithrombin, it can produce the same amount of antithrombin in a year as 90,000 blood donations. Moreover, the factors such as rising cases of blood clotting, high blood pressure, high cholesterol, and cardiac surgeries are further contributing to the growth of this market. Many key market players launching new products for the treatment of antithrombin deficiency.
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By dosage form, the market is primarily bifurcated into:
· Lyophilized
· Liquid
Based on dosage form, the lyophilized category captured a significant share of the market and is anticipated to witness a considerable growth rate during the forecast period mainly owing to its application in the treatment of thrombin deficiency and coronary heart diseases (CAD). For instance, according to the Centers for Disease Control and Prevention (CDC), around 18.2 million adults and older have coronary artery disease. Moreover, lyophilized antithrombin is also used to treat venous thromboembolism (VTE) and peripheral artery diseases (PAD) which is an underdiagnosed and serious, yet preventable medical condition that can cause disability and death. Hence the market for the lyophilized category is expected to grow during the forecast period.
Antithrombin Market Geographical Segmentation Includes:
· North America Antithrombin Market
o U.S.
o Canada
o Rest of North America
· Europe Antithrombin Market
o Germany
o U.K.
o France
o Spain
o Italy
o Rest of Europe
· Asia-Pacific Antithrombin Market
o China
o India
o Japan
o Australia
o South Korea
o Rest of Asia-Pacific
· Rest of the world Antithrombin Market
For a better understanding of the market, the report provides a detailed analysis of major regions and countries including North America (U.S., Canada, Rest of North America); Europe (Germany, U.K., France, Spain, Italy, Rest of Europe); Asia-Pacific (China, India, Japan, Australia, South Korea, Rest of Asia-Pacific) and Rest of World. In 2020, North America accounted for a significant market share. The rising growth of this market in the region is mainly due to the heart disease patients in the region, the presence of a large population, the availability of skilled healthcare professionals, & major pharmaceutical companies. Further on, the increasing number of blood clots in the region is also contributing to the growth of this market in the region.
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The major players targeting the market include:
· Grifols S.A.
· Octapharma AG
· LFB USA Inc.
· CSL Limited
· Takeda Pharmaceuticals
· Axis-Shield Plc
· Siemens AG
· Thermo Fisher Scientific
· Lee Biosolutions Inc.
· BDI Pharma Inc.
Competitive Landscape
The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating globally. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the antithrombin market. The major players have been analyzed by using research methodologies for getting insight views on market competition.
Key questions resolved through this analytical market research report include:
· What are the latest trends, new patterns, and technological advancements in the antithrombin market?
· Which factors are influencing the antithrombin market over the forecast period?
· What are the global challenges, threats, and risks in the antithrombin market?
· Which factors are propelling and restraining the antithrombin market?
· What are the demanding global regions of the antithrombin market?
· What will be the market size in the upcoming years?
· What are the crucial market acquisition strategies and policies applied by the companies?
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