Antiplatelet Therapy deals with prevention or obstruction of clump formation by platelets. Atherosclerosis is a condition in which the platelets get narrow and cause direct harm to blood flow. Antiplatelet therapy breaks those blood clots that cause harm to the blood flow. Antiplatelet therapy is required in procedures of artificial heart valves and stents placements, coronary artery bypass procedure and angioplasty. These factors contribute to heart conditions. Antiplatelet therapy market is expanding due to its increasing usage in artificial heart valve placements, coronary artery bypass surgeries, angioplasty etc. The death rate in the United States due to heart conditions is 630,000 each year. They contribute $200 billion to their health care expenditures caused specifically due to heart diseases. The estimate increase in mortality rate due to cardiac failures will be 22 million by 2030. Antiplatelet therapy Market is directly proportional to cardiac surgeries. The Antiplatelet therapy market is anticipated to increase due to increasing cardiac disorders.
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Antiplatelet therapy market: drivers and restraints:
The Antiplatelet therapy market is gaining demand due to increased mortality rate caused specifically by cardiac failures .Lifestyle changes is a leading cause of high blood pressure, increased cholesterol levels, physical inactivity, increase in blood sugar levels these are the factors which trigger the increase in heart-related disorders and eventually trigger the need for surgeries such as coronary bypass surgeries and angioplasty. Smoking is also one of the factors responsible for cardiovascular diseases. There is a visible increase in the number of cardiac surgeries which is developing a scope for antiplatelet therapy market. Nations contributing larger portions to health care expenditure are also the once at high risks of heart diseases and cardiovascular diseases. Antiplatelet therapy market is expected to be dominant in these regions such as North America. These regions indicates a positive development of antiplatelet therapy market. Antiplatelet therapy is a new addition to approaches towards cardiovascular diseases. Hematological researches are involved in antiplatelet therapy analysis for an alternative approach towards dealing with cardiac failures, myocardial infarctions, atherosclerosis, heart strokes and so on.
By drug class, the Antiplatelet therapy market is segmented as:
- Irreversible cyclooxygenase inhibitors
- Adenosine diphosphate receptor inhibitor
- Phosphodiesterase inhibitor
- Protease-activated receptor-1
- Glycoprotein IIB/IIIA inhibitor
- Adenosine Reuptake inhibitors
- Thromboxane inhibitors
By application, the Antiplatelet therapy market is segmented as:
- Angioplasty procedures
- Coronary artery bypass procedures
- Arrhythmias especially atrial fibrillations prevention
- Atherosclerosis prevention
- Prevention of Myocardial infarction
By distribution channel, the Antiplatelet therapy market is segmented as:
- Hospital Pharmacies
- Retail Pharmacies
- Drug Stores
- Online Pharmacies
The Antiplatelet therapy market is anticipated to face a stable market due to its increasing demand of heart related surgeries. The value of antiplatelet therapy in cardiac surgeries is triggering their demand increase. The most known drug of antiplatelet type is aspirin. Aspirin has functional importance in preventing myocardial infarction. The drug class irreversible cyclooxygenase inhibitors are anticipated to generate more revenue in this market compared to others. Commonly used drugs of an antiplatelet class are Clopidogrel, Ticagrelor and Prasugrel and others. The Antiplatelet therapy market is anticipated to witness growth due to discoveries of new drugs of this class.
The dominant region in antiplatelet therapy market is expected to be the United States as there is a significant increase in the number of heart prone diseases. Europe contributes a major portion of heart prone diseases to the globe and is anticipated to be a significant player in antiplatelet therapy market. Asian countries such as China and India are majorly affected by cardiac failures and can be expected to have a growing market for antiplatelet therapy.
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The key participants in antiplatelet therapy market are Espero Biopharma Inc., Teva Pharmaceuticals, Astra Zeneca Pharmaceuticals LP, Eli Lily and company, Daiichi Sankyo Europe GmbH, Pfizer Inc., CNW Group Ltd., SANIS, The Jean Coutu Group (PJC).Inc. , BRP Pharmaceuticals and others.