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Apixaban is a Food and Drug Administration (FDA) approved anticoagulant that is used for the treatment of venous thromboembolic events (blood clot) that forms inside the vein. Venous thromboembolic events (VTE) can occur without any prior symptoms or warning signs and can go unrecognized and undiagnosed by a healthcare professional. The sign and symptoms that do appear may be associated with pulmonary embolism (PE) or either deep vein thrombosis (DVT) such as pain in the swelling in the ankle or foot, calf, redness, or noticeable discoloration spots, chest pain, rapid breathing, and others. Furthermore, factor Xa is a trypsin-like serine protease that plays a major role in the blood coagulation cascade. Apixaban works on the factor Xa inhibitory mechanism, which decreases the formation of clots stimulated by thrombin. Apixaban is indicated to reduce the risk of systemic embolism and stroke in patients with nonvalvular atrial fibrillation. Apixaban is sold under the trade name of Eliquis.
COVID-19 Impact Analysis
Top Impacting Factors
Increase in prevalence of venous thromboembolism related conditions and rise in incidences of cardiovascular diseases are expected to drive the growth of the apixaban market.
In addition, rise in the prevalence of atrial fibrillation, venous thromboembolism and stroke, increase in number of geriatric population, rise in prevalence of obesity are some factors which boost the market growth.
Moreover, increase in therapeutic indications for apixaban is expected to propel the apixaban market growth.
Furthermore, continuous economic development with developing healthcare infrastructure and improving healthcare awareness have been further supporting the market growth.
However, adverse effects of apixaban such as increased risk of thrombotic events after premature discontinuation and bleeding is expected to hamper the growth of the market.
Market Trends
 Key Benefits of the Report
Questions Answered in the Apixaban Market Report
Apixaban Market Report Highlights
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Key Market Players | Hikma Pharmaceuticals PLC, Nanjing Jianyou Biochemical Pharmaceutical Co., Ltd.,, Bristol Myers Squibb Company, F. Hoffmann-La Roche Ltd, Fresenius Kabi AG, Eisai Co., Ltd, Sanofi, Hebei Changshan Biochemical Pharmaceutical Co. Ltd, Mylan N.V., Abbott, Yino Pharma Limited., Aspen Holdings, Pfizer Inc. |
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