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The global antiplatelet drugs industry is being driven by the increasing cases of thrombosis and the expanding pharmaceuticals industry. Based on drugs, aspirin is one of the most preferred antiplatelet drugs in the industry. It has been in use since a long time and had received FDA approval in the 1990s. Online pharmacies are expected to significantly contribute to the industry growth over the forecast period, thus, enhancing its market share. This can be attributed to the growing consumer shift towards online services owing to their convenience.
The growing mergers and acquisitions by key players are also aiding the industry. In November 2020, Pfizer Inc. (NYSE: PFE) announced the formation of Viatris Inc after it completed the transaction to spin off its Upjohn business and combine it with Mylan N.V. Further, there has been increasing investments to develop innovative solutions for the patients. In November 2019, Baxter International Inc. (NYSE: BAX), a key player in the industry, and Ayogo Health Inc., a digital health company, together launched CKD&Me, a unique app for smartphones and tablets for chronic kidney disease (CKD) patients to empower and educate them regarding pre-dialysis. Such developments are expected to significantly contribute to the industry growth over the forecast period.
Market Breakup by Drug, Drug Class, Application, Route of Administration, Distribution Channel, and Region:
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The major players in the global antiplatelet drugs market are Glenmark Pharmaceuticals Ltd., Sanofi SA, Pfizer Inc., Baxter International Inc., and Bayer AG, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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