The anticoagulant reversal drug market in South and Central America is expected to grow from US$ 29.8 million in 2019 to US$ 63.1 million by 2027; it is estimated to grow at a CAGR of 10.5% from 2019 to 2027. Anticoagulant reversal drugs are used in the management of hemorrhagic stroke to decrease bleeding and allow tissue recovery. There has been increase in stroke prevalence in low- and middle-income countries. The rising incidences of chronic and acute diseases such as cardiovascular disorders have led to increasing demand for anticoagulant drug therapy. Moreover, the elevating incidence of peripheral artery disease and rising spending on healthcare sector lead to the growth of the anticoagulant reversal drug market in South and Central America.
Based on product, the South and Central America anticoagulant reversal drugs market is segmented into prothrombin complex concentrates, vitamin K, AndeXXa, protamine, idarucizumab, and tranexamic acid. In 2019, the vitamin K segment accounted for the largest market share. It is a reliable and fast alternative to fresh frozen plasma to control excessive bleeding as it has properties to reverse the effects of oral anticoagulant treatments, which contributes to the wide acceptance for this product. On the other hand, the market for AndeXXa is expected to grow at the fastest CAGR during the forecast period.
The South and Central America region includes countries such as Brazil and Argentina. These countries have also registered a significant number of COVID-19 cases. The virus is spreading aggressively in Brazil, Peru, and Chile. Many South American countries have faced shortages of resources to manufacture anticoagulant reversal drugs, thus experiencing the lack of preparedness and manufacturing facilities for various drugs. The number of COVID-19 cases in Brazil has surpassed 7 million. In September 2020, Brazilian regulatory authorities approved the country’s participation in the University of Oxford’s SARS-CoV-2 vaccine trial supported by AstraZeneca. Moreover, forensic community in Brazil has been playing a key role in spreading awareness about adoption of various important drugs for the management of the critical bleeding conditions in the pandemic crisis.
The South and Central America anticoagulant reversal drug market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the South and Central America anticoagulant reversal drug market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the South and Central America anticoagulant reversal drug market. Boehringer Ingelheim International GmbH, Pfizer Inc, Octapharma AG, Fresenius Kabi AG, Alexion Pharmaceuticals, Inc. (Portola Pharmaceuticals), CSL Limited, and Grifols, S.A. are among the companies catering to the market in this region.
Reasons to Buy
Based on product, the South and Central America anticoagulant reversal drugs market is segmented into prothrombin complex concentrates, vitamin K, AndeXXa, protamine, idarucizumab, and tranexamic acid. In 2019, the vitamin K segment accounted for the largest market share. It is a reliable and fast alternative to fresh frozen plasma to control excessive bleeding as it has properties to reverse the effects of oral anticoagulant treatments, which contributes to the wide acceptance for this product. On the other hand, the market for AndeXXa is expected to grow at the fastest CAGR during the forecast period.
The South and Central America region includes countries such as Brazil and Argentina. These countries have also registered a significant number of COVID-19 cases. The virus is spreading aggressively in Brazil, Peru, and Chile. Many South American countries have faced shortages of resources to manufacture anticoagulant reversal drugs, thus experiencing the lack of preparedness and manufacturing facilities for various drugs. The number of COVID-19 cases in Brazil has surpassed 7 million. In September 2020, Brazilian regulatory authorities approved the country’s participation in the University of Oxford’s SARS-CoV-2 vaccine trial supported by AstraZeneca. Moreover, forensic community in Brazil has been playing a key role in spreading awareness about adoption of various important drugs for the management of the critical bleeding conditions in the pandemic crisis.
The South and Central America anticoagulant reversal drug market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the South and Central America anticoagulant reversal drug market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the South and Central America anticoagulant reversal drug market. Boehringer Ingelheim International GmbH, Pfizer Inc, Octapharma AG, Fresenius Kabi AG, Alexion Pharmaceuticals, Inc. (Portola Pharmaceuticals), CSL Limited, and Grifols, S.A. are among the companies catering to the market in this region.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America anticoagulant reversal drug market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South and Central America anticoagulant reversal drug market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South and Central America market trends and outlook coupled with the factors driving the anticoagulant reversal drug market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
1. Introduction
3. Research Methodology
4. South and Central America Anticoagulant Reversal Drug Market - Market Landscape
5. South and Central America Anticoagulant Reversal Drug Market - Key Market Dynamics
6. Anticoagulant Reversal Drug Market - South and Central America Analysis
7. South and Central America Anticoagulant Reversal Drug Market Analysis and Forecasts To 2027 - By Product
8. South and Central America Anticoagulant Reversal Drug Market Analysis and Forecasts to 2027- By Distribution Channel
9. Anticoagulant Reversal Drug Market Revenue and Forecasts to 2027 - Geographical Analysis
10. Impact Of COVID-19 Pandemic on South and Central America Anticoagulant Reversal Drug Market
11. Industry Landscape
12. COMPANY PROFILES
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Boehringer Ingelheim International GmbH
- Pfizer Inc
- Octapharma AG
- Fresenius Kabi AG
- Alexion Pharmaceuticals, Inc. (Portola Pharmaceuticals)
- CSL Limited
- Grifols, S.A.
Table Information
Report Attribute | Details |
---|---|
Published | May 2021 |
Forecast Period | 2019 - 2027 |
Estimated Market Value ( USD | $ 29.8 Million |
Forecasted Market Value ( USD | $ 63.1 Million |
Compound Annual Growth Rate | 10.5% |