Singapore Antithrombotic Drugs Market Analysis

Singapore Antithrombotic Drugs Market Analysis


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Singapore Antithrombotic Drugs Market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. The rising prevalence of cardiovascular disorders, growing geriatric population, developments in medication research, supportive government initiatives and advantageous reimbursement regulations for antithrombotic drugs drive market expansion. The antithrombotic drugs market is dominated by several key players who play a crucial role in driving advancements in the field of cardiovascular medicine. These key players include renowned pharmaceutical companies such as Pfizer Inc., Bristol-Myers Squibb Company, Johnson & Johnson, Sanofi S.A., Eli Lilly and Company, Boehringer Ingelheim Pharmaceuticals, Inc., Daiichi Sankyo Company, Limited, Portola Pharmaceuticals, Inc., AstraZeneca PLC, and Bayer AG.

ID: IN10SGPH239 CATEGORY: Pharmaceuticals GEOGRAPHY: Singapore AUTHOR: Aneri Parekh

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Singapore Antithrombotic Drugs Market Analysis Summary

Singapore Antithrombotic Drugs Market is valued at around $1.7 Mn in 2022 and is projected to reach $2.8 Mn by 2030, exhibiting a CAGR of 6.93% during the forecast period 2023-2030.

The antithrombotic drugs market refers to the pharmaceutical industry that focuses on the development, production, and commercialization of medications used for the prevention and treatment of thrombotic disorders. Thrombotic illnesses are defined by the production of blood clots, which can lead to catastrophic ailments such as deep vein thrombosis, pulmonary embolism, and stroke. Antithrombotic medications are intended to decrease or prevent blood clotting, hence lowering the risk of various clot-related problems. The market includes a wide range of drugs, including anticoagulants, antiplatelet agents, and thrombolytic agents, each of which targets a distinct element of the clotting process. 1 in 4 people worldwide dies of conditions related to thrombosis. The rising prevalence of cardiovascular disorders, growing geriatric population, developments in medication research, supportive government initiatives, and advantageous reimbursement regulations for antithrombotic drugs drive market expansion. The antithrombotic drugs market is dominated by several key players who play a crucial role in driving advancements in the field of cardiovascular medicine. The antithrombotic drugs market is dominated by several key players who play a crucial role in driving advancements in the field of cardiovascular medicine. These key players include renowned pharmaceutical companies such as Pfizer Inc., Bristol-Myers Squibb Company, Johnson & Johnson, Sanofi S.A., Eli Lilly and Company, Boehringer Ingelheim Pharmaceuticals, Inc., Daiichi Sankyo Company, Limited, Portola Pharmaceuticals, Inc., AstraZeneca PLC, and Bayer AG.

Market Dynamics

Market Growth Drivers

  1. Several factors influence the antithrombotic medicines market's growth and advancement. To begin with, the rising prevalence of cardiovascular disorders such as thrombosis and stroke is a primary driver of antithrombotic drug demand. Furthermore, the growing geriatric population, which is more vulnerable to thrombotic events, promotes market expansion. Furthermore, developments in medication research and novel treatment alternatives, such as novel oral anticoagulants, contribute to market expansion. Growing awareness of the necessity of early identification and treatment of thrombotic illnesses, as well as the availability of effective antithrombotic medicines, increase market demand. Furthermore, supportive government initiatives and advantageous reimbursement regulations for antithrombotic drugs drive market expansion. Overall, these drivers collectively contribute to the increasing adoption of antithrombotic drugs and propel the growth of the market

Competitive Landscape

Key Players

  • Pfizer Inc.
  • Bristol-Myers Squibb Company
  • Johnson & Johnson
  • Sanofi S.A.
  • Eli Lilly and Company
  • Boehringer Ingelheim Pharmaceuticals, Inc.
  • Daiichi Sankyo Company, Limited
  • Portola Pharmaceuticals, Inc.
  • AstraZeneca PLC
  • Bayer AG

Development in Anti-Aging Drugs Market Analysis

Direct Oral Anticoagulants for the Treatment of Cerebral Venous Thrombosis: An International Phase IV Study is estimated to be completed by January 2024.

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Singapore Antithrombotic Drugs Market Segmentation

By Type

  • Apixaban
  • Dabigatran
  • Edoxaban
  • Fondaparinux
  • Heparin
  • Rivaroxaban

By Drug Class

  • Thrombolytic Drugs
  • Anti-Platelet Drugs
  • Anticoagulants
  • Others

By Indication

  • Atrial Fibrillation
  • Stroke
  • Deep vein thrombosis (DVT)
  • Pulmonary Embolism (PE)
  • Others

By Route of Administration

  • Oral
  • Injectable
  • Others

By End-Users

  • Hospitals
  • Specialty Clinics
  • Homecare
  • Others

By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.​

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

  • Analyzing historical proprietary data collected from multiple projects.
  • Regularly updating our existing data sets with new findings and trends.
  • Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

  • Searching through academic conferences, published research, citations, and social media platforms
  • Collecting and compiling diverse data to build a comprehensive and detailed database
  • Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

  • Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
  • Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
  • Continuously refreshing our database to ensure that the information remains current and reliable.
  • Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

  • Merging historical data from secondary research with real-time data from primary research.
  • Conducting thorough data validation and cleansing to remove inconsistencies and errors.
  • Organizing data into a structured format that is easily accessible and usable for various applications.
  • Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.

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Last updated on: 27 February 2024
Updated by: Dhruv Joshi

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