In the projection period of 2021 to 2028, the Apixaban market is predicted to reach an estimated value of USD 2,602.97 million

 

Market Analysis and Insights : Global Apixaban Market

In the projection period of 2021 to 2028, the Apixaban market is predicted to reach an estimated value of USD 2,602.97 million and increase at a potential rate of 5.22 percent. The rising prevalence of venous thromboembolism-related disorders is a key factor driving market expansion.


Apixaban is an anticoagulant licenced by the Food and Drug Administration (FDA) for the treatment of venous thromboembolic events (blood clots) that form within a vein. Venous thromboembolic events (VTE) can happen without warning signs or symptoms, and they can go unnoticed and undetected by a healthcare provider.Pain in the leg, swelling in the ankle or foot, redness or obvious discolouration areas, rapid breathing, chest pain, and other symptoms may be associated with either deep vein thrombosis (DVT) or pulmonary embolism (PE). In individuals with nonvalvular atrial fibrillation, apixaban is used to lower the risk of stroke and systemic embolism.

Rising therapeutic indications for apixaban will boost market growth, as will an increase in the prevalence of atrial fibrillation, venous thromboembolism, and stroke, as well as an increase in the number of geriatric population, obesity prevalence, rising healthcare expenditures worldwide, and increasing government and private organisations investing significantly in healthcare research and development. Furthermore, expanding potential in emerging nations, as well as increased technology improvements and modernization in the healthcare sector, will open up new chances for the apixaban market in the coming years.


Global Apixaban Market Country Level Analysis

Apixaban market is analysed and market size information is provided by country, form and distribution channel as referenced above.

The countries covered in the apixaban market report are the United States, Canada, and Mexico in North America, Peru, Brazil, Argentina, and the Rest of South America in South America, Germany, Italy, the United Kingdom, France, Spain, the Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, and the Rest of Europe in Europe, Japan, China, India, South Korea, Australia, and Singapore in Asia, and Japan, China, India, South Korea, Australia, Singapore (MEA).

Due to increased healthcare initiatives by respective governments, an increase in the number of geriatric population, an increase in the prevalence of obesity, a rising surge in healthcare expenditures worldwide, and an increase in government and private organisations in this region, Asia-Pacific dominates the apixaban market. Due to the rising prevalence of venous thromboembolism-related conditions, increasing therapeutic indications for apixaban, rising surge in healthcare expenditures worldwide, and increasing government and private organisations significantly investing capital in healthcare research and development in this region, Europe is expected to be the fastest-growing region in terms of apixaban market growth.


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