- Increased adoption of antithrombin in the treatment of different health issues together with growth in research and development activities will help in the rapid expansion of the global antithrombin market
- North America is dominant region in the market for antithrombin
ALBANY, N.Y., June 9, 2021 /PRNewswire/ -- Antithrombotic drugs are widely utilized in the healthcare sector as they assist in the inhibition or prevention of thrombus. To achieve this result, these drugs imitate the role of antithrombin, which is a protein molecule that plays key role in the clotting process of body. Antithrombin refers to a tiny protein that assists in the inactivation of many enzymes throughout the coagulation system. Thus, the product is employed in the treatment of many health issues including ECMO, hereditary antithrombin deficiency, sepsis, and DIC.
On the back of increased product use in treatment of abovementioned health issues, the global antithrombin market will expand at a decent CAGR of 5.3% throughout the assessment period of 2019 to 2027, note the analysts at Transparency Market Research (TMR). The market was accounted for about US$ 0.50 Bn in 2018.
Market Enterprises Focus on Research and Development Activities
Major players in the global antithrombin market are growing investments toward the research and development activities. This strategy is helping enterprises to develop innovative therapeutics that will help in fulfilling the growing market demand. This scenario depicts promising growth of the market in the years to come.
Increased Use of Antithrombin in Different Health Conditions Boosts Market Sales
FDA has approved the use of antithrombin as anticoagulant. This product is widely utilized in the treatment of various health issues including venous thromboembolic issues found in patients with hereditary antithrombin deficiency. Moving forward, antithrombin is extensively incorporated in treatment of extracorporeal membrane oxygenation (ECMO) and disseminated intravascular coagulation syndrome (DIC). Thus, increased occurrence of all these health conditions is working in favor of the growth of the global antithrombin market.
Increased Incorporation of Technological Advancements Helps in Cost Savings
Over the period of past many years, the companies engaged in the global antithrombin market are growing focus on the incorporation of various technological advancements. This tactic is resulting into decreased costs on the therapeutic proteins production. As a result, the manufacturers and suppliers in this market are focused on newer opportunities of therapeutic protein production. Apart from this, they are also focused on the complex and longer chains of peptides. This scenario depicts that the technological advancements in antithrombin will help in generating promising growth opportunities for the market in the upcoming years.
Explore 175 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into Antithrombin Market (Application - Therapeutics, Research, and Diagnostics; Source - Human, and Goat Milk; Dosage Form - Lyophilized and Liquid) - Global Industry Analysis, Size, Share, Growth, Trends, & Forecast 2019 - 2027 at https://www.transparencymarketresearch.com/report-toc/4500
Antithrombin Market: Growth Boosters
The global antithrombin treatment market is estimated to grow at prodigious pace in the years to come. One of the key factors pushing the market expansion includes rising cases of hereditary antithrombin deficiency in all worldwide locations. Moving forward, the players are expected to gather sizable revenues owing to growing acceptance of latest therapeutics all across the globe.
Over the period of past few years, there is considerable growth in the adoption of antithrombin in different health issues instead of conventional options. This scenario is working in favor of the global market for antithrombin.
The report profiles key participants working in the antithrombin market. Thus, it sheds light on various important aspects including the company overview, product portfolio, financial overview, recent developments, and business strategies of the players in this market.
The list of key players in the antithrombin market includes following names:
rEVO Biologics, Inc.
Dem ilac Inc
Scripps Laboratories, Inc.
Explore Transparency Market Research's award-winning coverage of the global Healthcare Industry:
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision."