Global Antiplatelet Drugs Market Report and Forecast 2024-2032

Global Antiplatelet Drugs Market Size

The global antiplatelet drugs market was valued at USD 4795.4 million in 2023, driven by the rising incidence of cardiovascular diseases along with the technological advancements in drug development across the globe. The market is expected to grow at a CAGR of 2.1% during the forecast period of 2024-2032, with the values likely to rise from USD 4863.9 million in 2024 to USD 5739.6 million by 2032.

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Global Antiplatelet Drugs Market Outlook

• The market value is impacted by rising approvals for rising incidence of cardiovascular diseases in the geriatric population along with increasing approvals for generic drugs by the regulatory authorities such as FDA.

• By region, North America is expected to lead the market share. The market value can be attributed to the presence of prominent healthcare companies and increasing research initiatives to develop effective alternatives for consumers.

• Aspirin leads the market share by drugs. The rising application of the drug in managing multiple cardiovascular conditions, along with other factors such as easy accessibility and affordability contribute to its significant market share.

Global Antiplatelet Drugs Market Overview

Antiplatelet drug belongs to a class of pharmaceuticals that decrease platelet aggregation, thus, preventing the formation of thrombus. They help prevent platelets from clumping together to form a clot and decrease the formation of potentially harmful blood clots. They show high efficacy in the arterial circulation, where anticoagulants are less effective. The increased use of this medication in primary and secondary prevention of thrombotic cerebrovascular or cardiovascular disorders coupled with the growing emphasis on preventive healthcare measures is significantly contributing to the market growth.

Global Antiplatelet Drugs Market Growth Factors

Rising Incidence of Cardiovascular Diseases

Cardiovascular diseases, such as coronary artery disease, stroke, and peripheral arterial disease, often cause the formation of blood clots. In such cases, antiplatelet drugs play an important role in preventing these clots, thereby reducing the risk of heart attacks and strokes. Recent data reveals that around 620 million people are affected by heart and circulatory diseases worldwide, with about 60 million people developing the medical condition every year.  The rise in the global burden of cardiovascular diseases directly impacts the sales of antiplatelet drugs. Moreover, advancements in drug delivery technologies and the introduction of novel formulations in antiplatelet therapies are poised to impact the market positively.

Influx of Generic Drugs to Meet the Rising Antiplatelet Drugs Market Demand

The market is also influenced by the increased entry of generic equivalents of various popular antiplatelet drugs. For instance, in January 2023 , Indian multinational pharmaceutical company Lupin Limited announced that the United States Food and Drug Administration (FDA) has approved its Prasugrel Tablets USP, 5 mg and 10 mg, which are a generic version of Cosette Pharmaceuticals, Inc.’s Effient® Tablets. The rising introduction of such affordable generic drugs is likely to make treatment more accessible for a larger segment of the population, which is expected to boost market share. Additionally, the market is also impacted by the evolving medication guidelines and increased initiatives aimed at reducing the burden of cardiovascular diseases.

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Global Antiplatelet Drugs Market Trends

Global Antiplatelet Drugs Market Segmentation

Market Breakup by Drug
 

• Aspirin

• Clopidogrel

• Ticagrelor

• Prasugrel

• Tirofiban

• Others

Market Breakup by Drug Class

• Platelet Aggregation Inhibitors

• Glycoprotein Platelet Inhibitors

• Others

Market Breakup by Applications

• Myocardial Infarction

• Ischemic Stroke

• Angioplasty

• Arterial Thrombosis

• Others

Market Breakup by Route of Administration

• Oral

• Injectables

• Other

Market Breakup by Distribution Channel

• Hospital Pharmacy

• Retail Pharmacy

• Online Pharmacy

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Global Antiplatelet Drugs Market Share

Aspirin Leads the Market Share in Drugs

The market segmentation by drug includes aspirin, clopidogrel, ticagrelor, prasugrel, tirofiban, and other medications, each targeting platelet aggregation through different mechanisms. Aspirin dominates this market segment due to its established efficacy and safety profile. The affordability of the drug has also contributed to its increased usage in the market.

Platelet Aggregation Inhibitors Dominate the Drug Classes Segment

In terms of drug class, the market includes platelet aggregation inhibitors, glycoprotein platelet inhibitors, and other classes of antiplatelet drugs, which indicate diverse pharmacological approaches to inhibiting platelet function. Platelet aggregation inhibitors such as aspirin, clopidogrel (Plavix), and ticagrelor (Brilinta) hold a significant market share due to increasing awareness of cardiovascular risks and the benefit of preventive medication.

Myocardial Infarction Emerges as the Major Application Area for Antiplatelet Drugs

Applications of antiplatelet drugs include myocardial infarction, ischemic stroke, angioplasty, arterial thrombosis, and other medical conditions. This market segment is dominated by myocardial infarction owing to the rising prevalence of the condition and the growing geriatric population. Moreover, the increased government initiatives to raise awareness regarding the management of myocardial infarction are poised to elevate the market value.

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Global Antiplatelet Drugs Market Analysis by Region

Based on the region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, with each region contributing to the overall dynamics of the market. North America holds the largest market share which can be attributed to the high prevalence and incidence of cardiovascular diseases. For instance, in the United States, heart disease is the leading cause of death across various demographic groups with approximately 805,000 people experiencing a heart attack every year. Further, substantial healthcare investments and increased accessibility of life-saving antiplatelet medications also boost the market growth in the regional market.

Leading Players in the Global Antiplatelet Drugs Market

The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• F. Hoffmann-La Roche Ltd.

• Mylan N.V.

• Teva Pharmaceutical Industries Ltd.

• Sanofi

• Pfizer Inc.

• GlaxoSmithKline plc.

• Novartis AG

• Sun Pharmaceutical Industries Ltd.

• Bayer AG

• AstraZeneca

• Johnson & Johnson Private Limited

• Boehringer Ingelheim International GmbH

• Bristol-Myers Squibb Company

• Merck & Co., Inc.

• Daiichi Sankyo Company, Limited

• Otsuka America Pharmaceutical, Inc.

• AbbVie Inc.

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Highlights of the Report

Key Queries Solved in the Global Antiplatelet Drugs Market Report

• What was the global antiplatelet drugs market value in 2023?  
• What is the global antiplatelet drugs market forecast outlook for 2024-2032?  
• What are the major factors aiding the global market demand?  
• What are the major global market trends? 
• What is the market segmentation based on the drug?
• What is the market segmentation based on the drug class?
• What is the market breakup by route of administration?
• What are the major distribution channels of antiplatelet drugs?
• What are the application areas of antiplatelet drugs?
• What are the major markets according to the EMR report? 
• Who are the key players involved in the global antiplatelet drugs market?
• How will the market landscape evolve in the upcoming years? 
• What are the major drivers, opportunities, and restraints in the market? 
• What will be the effect of each driver, challenge, and opportunity on the market? 
• Which country is poised to lead the market share in the forecast period? 
• Which country is expected to experience expedited growth during the forecast period? 
• Which drug is expected to augment the antiplatelet drugs market size? 
• Which drug class is poised to fuel the market share? 
• Which route of administration is expected to dominate the respective market segment? Which applications are expected to significantly impact the growth of the market?
• What are the key research initiatives expected to boost the market value during the forecast period?
• Which distribution channel is anticipated to propel the market growth? 
• Which segment has the highest impact on the market size? 
• How are partnerships, collaborations, and mergers & acquisitions shaping the market dynamics?

Antiplatelet Drugs Market Report Snapshots

Antiplatelet Drugs Market Size

Antiplatelet Drugs Market Growth

Antiplatelet Drugs Market Trends

Antiplatelet Drugs Market Share

Antiplatelet Drugs Market Regional Analysis

Antiplatelet Drugs Companies