Peptide and Anticoagulant Drugs Market – Exclusive Report On the Latest Trends and Future Growth to 2031 | InsightAce
Jersey City, NJ, June 01, 2023 (GLOBE NEWSWIRE) — The global peptide and anticoagulant drugs market is estimated to reach over USD 1397.24 million by 2031, exhibiting a CAGR of 5.69% during the forecast period.
The peptide is a slow-acting, tight-binding inhibitor. In several in vitro assays for human plasma clotting, the inhibitor also acts as an anticoagulant. Its amino acid composition is only loosely related to Kunitz-type inhibitors. Peptide medicines have made important contributions to medical practice since the development of insulin therapy in the 1920s.
Peptides are steadily entering clinical development, with more than 60 peptide medications now licensed in the United States and other significant nations. Peptide drug discovery has moved beyond its conventional focus on endogenous human peptides to include a larger spectrum of structures identified from other natural sources or through medicinal chemistry programs.
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The significant increase in the global obese population, along with the rising prevalence of cardiovascular problems, has raised the overall demand for peptide and anticoagulant medications. Continuous research and technical developments have resulted in the creation of anticoagulant and peptide medications that can be used to alleviate the symptoms.
Recent Developments:
- In June 2021, Johnson & Johnson’s Janssen Pharmaceutical Companies announced that the US FDA had authorized two pediatric indications for XARELTO (rivaroxaban), an oral anticoagulant medication. After at least five days of initial parenteral (injected or intravenous) anticoagulant treatment, the new indications are for treating venous thromboembolism (VTE) and lowering the risk of recurrent VTE in patients aged birth to less than 18 years.
List of Prominent Players in the Peptide and Anticoagulant Drugs Market:
- Baxter
- Celsus
- Biofer
- Hemmo Pharma
- AmbioPharm
- Wockhardt
- Sun Pharmaceutical Industries
- Bachem
- Pfizer
- Leo Pharma
- Abbott Laboratories
- Takeda
- Aspen
- Teva
- Eli Lilly
- Sanofi
- Novo Nordisk
- F. Hoffmann-La Roche Ltd.
- Mylan N.V.
- Teva Pharmaceutical Industries Ltd.
- GlaxoSmithKline plc
- Novartis AG
- Merck & Co., Inc.
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Peptide And Anticoagulant Drugs Market Report Scope:
Report Attribute | Specifications |
Market size value in 2022 | USD 861.69 Mn |
Revenue forecast in 2031 | USD 1397.24 Mn |
Growth rate CAGR | CAGR of 5.69 % from 2023 to 2031 |
Quantitative units | Representation of revenue in US$ Billion and CAGR from 2023 to 2031 |
Historic Year | 2019 to 2022 |
Forecast Year | 2023-2031 |
Report coverage | The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
Segments covered | Type, Material, Precursor And End Users |
Regional scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
Market Dynamics:
Drivers:
The prevalence of chronic diseases has witnessed dramatically in the last decade. Approximately 75% of all cases are caused by genetic problems. Various studies in the poor world demonstrate a considerable burden of symptoms and related anguish for individuals with terminal diseases. Despite severe pain and suffering, only a few individuals are given peptide and anticoagulant drugs on a daily basis.
Peptide and anticoagulant drugs are critical for alleviating suffering in patients with advanced and incurable diseases, particularly in low and middle-income economies where access to curative therapies is limited and patients frequently present to medical staff when their illness has advanced to an advanced stage or is incurable. Thus, the market for peptide and anticoagulant medications will expand.
Challenges:
Product approval regulations for peptide and anticoagulant medicines are rigorous. To get their medication on the market, companies must follow a slew of regional and global regulations. All peptides and anticoagulant medicines must comply with FDA rules. Companies must disclose information on all substances utilized in production and a list of potential negative effects. Hence, the time and money required for product approval can provide a hurdle to the players.
Regional Trends:
The North America Peptide and Anticoagulant Drugs Market is expected to register a major market share and is estimated to develop at a high CAGR in the near future. The increased frequency of cancer and cardiovascular disorders is one of the primary factors expanding the growth of the peptide and anticoagulant medicines market in North America.
Demand for specific disease treatment has grown in nations such as the United States and Canada. Because of the availability of superior research and development facilities, many corporations have their headquarters in the United States. Furthermore, an increasing number of Americans are suffering from neurological problems, which is leading to greater market penetration of peptide and anticoagulant medications.
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Segmentation of Peptide and Anticoagulant Drugs Market-
By Peptide Drug Type –
- Antibiotic
- Hormonal
- Antifungal
- ACE Inhibitor
- Others
By Anticoagulant Drug Type-
- Heparin
- Edoxaban
- Apixaban
- Dabigatran
- Rivaroxaban
- Others
By Administration Route-
By Application-
- Neurological Disorders
- Metabolic Disorders
- Gastrointestinal Disorders
- Diabetes
- Cancer
- Cardiovascular Disorder
- Infectious Diseases
- Others
By Region-
North America-
Europe-
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific-
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America-
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
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