According to the latest report by IMARC Group, “Global Antifibrinolytic Drugs Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global antifibrinolytic drugs market reached a value of US$ 15.46 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 20.46 Billion by 2027, exhibiting a CAGR of 4.60% during 2022-2027.
Antifibrinolytic drugs are medicines used for promoting the formation of blood clots to prevent fibrinolysis or blockage in arteries and veins. They restrict the breakdown of fibrin to treat hemorrhage, coagulation disorders, and vascular tumors. These drugs are also used to control the bleeding during or after intrusive surgeries and manage mucosal bleeding in the nose, gastrointestinal (GI) tract, oropharynx, and uterine-vaginal linings. As a result, antifibrinolytic drugs are widely adopted across clinics, hospitals, and ambulatory surgical centers.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
| Report Metric |
| Historical: 2016-2021 |
| Base Year: 2021 |
| Forecast Year: 2022-2027 |
Antifibrinolytic Drugs Market Trends and Drivers:
The market is primarily driven by the rising incidence of road accidents, trauma, and several bleeding disorders. In addition, the increasing product adoption to prevent blood loss in women suffering from menorrhagia and during cardiovascular and neuro surgeries represents another major growth-inducing factor. Moreover, the market is further propelled by the growing awareness among the masses regarding the available treatment options for genetic angioedema and hemophilia.
Besides this, various technological advancements and the increasing utilization of antifibrinolytic therapy to reduce transfusion in orthopedic patients are accelerating the drug adoption rate. Moreover, other factors, including the rising geriatric population, the introduction of innovative drug variants with improved effectiveness and bio-absorbability, and significant improvements in the healthcare infrastructure, are anticipated to propel market growth in the coming years.
Global Antifibrinolytic Drugs Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
ACIC Pharmaceuticals Inc., Akorn Inc., Aurobindo Pharma Limited, Ferring Pharmaceuticals, Novartis AG, Pfizer Inc., Takeda Pharmaceutical Company Limited, Viatris Inc. and Vitruvias Therapeutics Inc.
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The report has segmented the market on the basis of region, indication, form and end user.
Breakup by Indication:
- Gynecology
- Hereditary Angioedema
- Fibrinolytic Response Testing
- Surgeries
- Others
Breakup by Form:
- Oral
- Injectable
Breakup by End User:
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Trauma Centers
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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