×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

Ticagrelor Market

ID: MRFR/Pharma/0324-CR
101 Pages
Kinjoll Dey
July 2019

Ticagrelor Market Research Report Information by Dosage (Mg) (90 MG and 60 MG), Route of Administration (Oral and Nasogastric Tube), Application (Acute Coronary Syndrome and Heart Surgeries (Angioplasty, Stent Placement and Coronary Artery Bypass Graft)) End User (Hospitals and Clinics and Ambulatory Centers) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Ticagrelor Market Infographic
Purchase Options

Ticagrelor Market Summary

As per Market Research Future Analysis, the Ticagrelor Market is projected to grow at a CAGR of 6.4%, reaching USD 3.32 Billion by 2032. Ticagrelor Market is an antiplatelet drug that reduces platelet aggregation and prevents blood clots, primarily used in acute coronary syndrome (ACS). The market growth is driven by an increasing cardiovascular disease prevalence, particularly among the aging population, and advancements in product development. However, significant bleeding risks associated with Ticagrelor Market may hinder market expansion. The market is segmented by product type (0 mg and 60 mg Tablets), application (Clinic Pharmacies, Retail Pharmacies, Online Pharmacies), end-users (hospitals and clinics), and region (Americas, Europe, Asia-Pacific, Middle East, and Africa). The Americas is expected to dominate the market due to a high prevalence of chronic diseases and advanced healthcare infrastructure.

Key Market Trends & Highlights

The Ticagrelor Market is characterized by several key trends and opportunities.

  • Market Size: USD 3.32 Billion by 2032; CAGR: 6.4%
  • Major Opportunities: New product launches and R&D initiatives.
  • Market Restraints: Side effects like bleeding and dyspnea may limit usage.
  • Regional Growth: Asia-Pacific is the fastest-growing market due to rising disposable incomes.

Market Size & Forecast

Market Size USD 3.32 Billion by 2032
CAGR 6.4%
Largest Regional Market Americas

Major Players

AstraZeneca, Eli Lilly, Ingelheim, Alexion, Roche, Amgen, Boehringer, Pfizer, Merck, GSK

Ticagrelor Market Trends

Regional Analysis as per the Market Forecast. Market Competitive Landscape Developments in Market Value

This report highlights the growth aspects of the Ticagrelor Market Revenue. Along with that, this report also intends to put up the competitive landscape and recent developments on the table to explain this global Atorvastatin API Market position.

Ticagrelor Market Drivers

Market Growth Projections

The Global Ticagrelor Market Industry is projected to experience robust growth over the coming years. With an estimated market value of 0.97 USD Billion in 2024, the industry is on a trajectory to reach 4.0 USD Billion by 2035. This growth is underpinned by a compound annual growth rate of 13.73% from 2025 to 2035. Such projections indicate a strong demand for Ticagrelor Market, driven by factors such as increasing cardiovascular disease prevalence, advancements in drug formulations, and enhanced healthcare access in emerging markets. These metrics highlight the potential for sustained growth in the Global Ticagrelor Market Industry.

Growing Awareness and Education

The increasing awareness and education regarding the importance of antiplatelet therapy contribute significantly to the Global Ticagrelor Market Industry. Healthcare providers are actively promoting the benefits of Ticagrelor Market in preventing cardiovascular events, leading to higher prescription rates. Initiatives by organizations such as the American Heart Association emphasize the need for effective treatment options, thereby influencing patient choices. This heightened awareness is likely to drive market growth, as more patients seek out Ticagrelor Market as a viable treatment option. The anticipated compound annual growth rate of 13.73% from 2025 to 2035 further illustrates this trend.

Advancements in Drug Formulations

Innovations in drug formulations and delivery mechanisms are propelling the Global Ticagrelor Market Industry forward. Recent advancements have enhanced the efficacy and safety profiles of Ticagrelor Market, making it a preferred choice among healthcare professionals. For example, the development of fixed-dose combinations with other antiplatelet agents has shown promising results in clinical trials. These innovations not only improve patient adherence but also expand the therapeutic applications of Ticagrelor Market. As a result, the market is anticipated to experience substantial growth, potentially reaching 4.0 USD Billion by 2035, driven by these advancements.

Emerging Markets and Accessibility

The expansion of healthcare infrastructure in emerging markets is a crucial driver for the Global Ticagrelor Market Industry. As countries invest in improving healthcare access, the availability of Ticagrelor Market is likely to increase, reaching a broader patient population. For example, nations in Asia and Africa are witnessing significant improvements in healthcare delivery systems, which facilitate the distribution of essential medications. This trend is expected to contribute to the overall market growth, as more patients gain access to effective antiplatelet therapies. The Global Ticagrelor Market Industry is poised to benefit from these developments, enhancing its reach and impact.

Increasing Cardiovascular Diseases

The rising prevalence of cardiovascular diseases globally is a primary driver for the Global Ticagrelor Market Industry. As heart-related ailments continue to escalate, the demand for effective antiplatelet therapies like Ticagrelor Market is expected to grow. For instance, the World Health Organization indicates that cardiovascular diseases account for approximately 32% of all global deaths. This alarming statistic underscores the urgent need for effective treatment options. Consequently, the Global Ticagrelor Market Industry is projected to reach 0.97 USD Billion in 2024, reflecting a significant response to this health crisis.

Regulatory Approvals and Guidelines

The role of regulatory approvals and clinical guidelines cannot be understated in the Global Ticagrelor Market Industry. Regulatory bodies are increasingly recognizing the efficacy of Ticagrelor Market, leading to expedited approvals for new indications. For instance, recent updates in clinical guidelines recommend Ticagrelor Market as a first-line treatment for certain patient populations. Such endorsements not only enhance the drug's credibility but also encourage healthcare providers to prescribe it more frequently. This regulatory support is expected to bolster market growth, as the industry adapts to evolving clinical practices and guidelines.

Key Companies in the Ticagrelor Market market include

Industry Developments

    • September 02, 2019, the Strs Ohio (the US), a main worldwide institutional financial backer, reported the securing of another stake in Phase Bio Pharmaceuticals Inc. (the US), a clinical-stage biopharmaceutical organization. 
    • haseBio centers around the turn of events and commercialization of novel treatments and medications, for example, an inversion specialist for the antiplatelet drug ticagrelor

Future Outlook

Ticagrelor Market Future Outlook

The Global Ticagrelor Market is poised for growth at a 13.73% CAGR from 2024 to 2035, driven by increasing cardiovascular disease prevalence and advancements in drug formulations.

New opportunities lie in:

  • Develop novel Ticagrelor Market combinations to enhance efficacy and reduce side effects.
  • Expand into emerging markets with tailored marketing strategies and local partnerships.
  • Invest in digital health solutions to improve patient adherence and monitoring.

By 2035, the Ticagrelor Market is expected to achieve substantial growth, reflecting evolving healthcare needs and innovations.

Market Segmentation

Report Overview

  • Market Overview
  • COVID 19 Analysis
  • Market dynamics
  • Market Trends Segment Overview
  • Regional Analysis as per the Market Forecast.
  • Market Competitive Landscape
  • Developments in Market Value

Recent Developments

  • September 02, 2019, the Strs Ohio (the US), a main worldwide institutional financial backer, reported the securing of another stake in Phase Bio Pharmaceuticals Inc. (the US), a clinical-stage biopharmaceutical organization. 
  • haseBio centers around the turn of events and commercialization of novel treatments and medications, for example, an inversion specialist for the antiplatelet drug ticagrelor

Competitive Landscape

  • AstraZeneca, Eli Lilly
  • Ingelheim
  • Alexion
  • Roche
  • Amgen
  • Boehringer
  • Pfizer
  • Merck
  • GSK
  • Boehringer
  • Amgen

Report Scope

Report Attribute/Metric Details
Market Size 2023 NA (USD Billion)
Market Size 2024 NA (USD Billion)
Market Size 2032 3.32 (USD Billion)
Compound Annual Growth Rate (CAGR) 6.4 % (2024 - 2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2019 - 2023
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   AstraZeneca, PLC.
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers ·  Increasing cardiovascular rate ·  Rise in the older population

Market Highlights

Author
Kinjoll Dey
Research Analyst Level I

He is an extremely curious individual currently working in Healthcare and Medical Devices Domain. Kinjoll is comfortably versed in data centric research backed by healthcare educational background. He leverages extensive data mining and analytics tools such as Primary and Secondary Research, Statistical Analysis, Machine Learning, Data Modelling. His key role also involves Technical Sales Support, Client Interaction and Project management within the Healthcare team. Lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.

Leave a Comment

FAQs

At what CAGR is the ticagrelor market projected to grow in the forecast period (2023-2030)?

Ticagrelor market projected to grow at approximately 6.4% CAGR during the assessment period (2023-2032).

How much is the ticagrelor market worth in the future?

The valuation of the ticagrelor market is estimated to increase to USD 3.32 Billion by the end of 2032.

What are the major tailwinds pushing the growth of the ticagrelor market?

Large patient pool suffering from heart problems and increasing product development, commercialization, and improving funding for R&D by the market players are major tailwinds pushing the growth of the ticagrelor market.

Which region holds the largest share in the ticagrelor market?

North America holds the largest share in the ticagrelor market, followed by Europe and the Asia Pacific, respectively.

Who are the top players in the ticagrelor market?

AstraZeneca, Eli Lilly, Boehringer, Ingelheim, Pfizer, Amgen, Merck, Roche, GSK, Boehringer, Alexion, and Amgen, are some of the top players operating in the global ticagrelor market.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions