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17-Apr-2023

Direct Oral Anticoagulants Market share is anticipated to reach US$ 71.78 Billion by 2032

The direct oral anticoagulants market is expected to grow at a 7.5% CAGR during the forecast period, reaching a market share of US$ 71.78 Billion in 2032, up from US$ 24.26 Billion in 2021, owing to increased FDA and CE mark approval for direct oral anticoagulants.

As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Direct Oral Anticoagulants market is projected to witness robust growth during the forecast year 2022 to 2032. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Direct Oral Anticoagulants market.

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Advent of Telehealth and Virtual Care to Create Tailwind for the Direct Oral Anticoagulants Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Direct Oral Anticoagulants market.

Key Direct Oral Anticoagulants Market Takeaways and Projections

  • The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
  • Germany Direct Oral Anticoagulants market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
  • China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
  • India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

  • Direct Oral Anticoagulants Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Direct Oral Anticoagulants market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
  • Direct Oral Anticoagulants Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Direct Oral Anticoagulants market. As per the survey, Direct Oral Anticoagulants sales will project steady growth over the forecast period.
  • Direct Oral Anticoagulants Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Direct Oral Anticoagulants market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
  • Direct Oral Anticoagulants Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Direct Oral Anticoagulants market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Direct Oral Anticoagulants market.

Some of the prominent market players are profiled by FMI are:

Pfizer Inc, Teva Pharmaceutical Industries Ltd, Boehringer Ingelheim Pharmaceuticals, Inc, Janssen Pharmaceuticals, Inc, Bayer AG, Bristol-Myers Squibb Co, Pab Organics Private Limited, Daiichi Sankyo Company, Limited, among others

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Region

  • North America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Last Updated: 17-Apr-2023