The latest report on Antithrombin Market (by application (therapeutics, research and diagnostics), source (human, goat milk), formulation (lyophilized, liquid)) provides complete and deep insights into the market dynamics and growth of antithrombin industry. Latest information on market risks, industry chain structure antithrombin cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential antithrombin growth factors. According to report, the global antithrombin market is projected to grow at a CAGR of 5.0% over the forecast period of 2018-2024. In 2016, the market size of antithrombin was worth USD 440.0 million and it is anticipated to reach USD 720.0 million by 2024.
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Antithrombin is a protein in blood which functions as a naturally occurring blood thinner. It also helps against clotting of the blood. Moreover, it works as a small protein that inactivates several enzymes of the coagulation process. Antithrombin is a glycoprotein produced by the liver and consists of 432 amino acids. It is a rare hereditary disorder, which generally comes when a patient suffers repeated arterial clotting and pulmonary embolism and repetitive intrauterine fetal death. The antithrombin activity and antigen tests are used to help find out what may be causing abnormal blood clots in your body.
Hereditary Antithrombin Deficiency, Extracorporeal Membrane Oxygenation is Primarily Driving the Global Antithrombin Market
Widespread of antithrombin for several medical conditions such as hereditary antithrombin deficiency, extracorporeal membrane oxygenation is primarily driving the global antithrombin market. The currently approved antiplatelet agent, clopidogrel, has satisfied some of these requirements and has played a large role in expanding the antithrombotic market over the past few years. However, the pharmaceutical industry has taken a huge effort to develop antithrombotic that functions by inhibiting key enzymes positioned at higher levels of the coagulation system. Additionally, use of antithrombin with heparin will prove more beneficial in the treatment of the patients suffering from antithrombin disorders.
However, price concerns associated with antithrombin over alternatives is likely to restrain the growth of the antithrombin market. The increase in adoption of newer technologies and advanced products in developing countries are providing huge growth opportunities for the key players in the antithrombin market. Moreover, research-based applications are gaining grip to discover new disease indication.
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Europe is Expected to Be the Largest Regional Market for Antithrombin
Europe is expected to be the largest regional market for antithrombin followed by North America. Owing to the higher adoption of antithrombin therapies, Europe region is anticipated to be the leading region over the forecast period. The rising research and development activities in the second largest leading country North America especially in US is propelling the growth of the antithrombin market. However, Asia Pacific is expected to be the fastest-growing region over the upcoming years. An increasing number of mergers and acquisitions involving diagnostic consumables manufacturing companies and rapid product launches are the key trends in the market.
The leading players in the antithrombin market include rEVO Biologics Inc., Grifols, Shire plc., and CSL Limited. Among the leading companies, rEVO is the company focused on the development of innovative therapeutics. rEVO Biologics is merged with the LFB group which is the leading European biopharmaceutical company specialized in innovative biotherapies, marketing its medicinal products in more than 40 countries around the world.
Segments Make up the Antithrombin Industry
The report on global antithrombin market covers segments such as, application, source and formulation. On the basis of application, the global antithrombin market is categorized into therapeutics and research and diagnostics. On the basis of source, the global antithrombin market is categorized into human and goat milk. On the basis of formulation, the global antithrombin market is categorized into lyophilized and liquid.
Key Players and the Regions of the Antithrombin Industry
The report provides profiles of the companies in the global antithrombin market such as, Scripps Laboratories, Inc., Diapharma Group, Inc., Lee Bisolutions, Inc, Dem ilac, Inc, Octapharma AG, Kedrion S.p.A., CSL Limited, Shire plc, Grifols and rEVO Biologics, Inc..
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- Comprehensive analysis of global as well as regional markets of the antithrombin.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.