(Health-NewsWire.Net, October 13, 2017 ) Blood Coagulants Market are Trending now a days. Blood Coagulants Drugs and natural factors which promote coagulation, and are used to arrest
Bleeding or in the treatment of bleeding disorders. Bleeding can occur due to variety of causes ranging from accidents, surgery etc. Patients of hemophilia lack natural coagulation factors and have a propensity to bleed. Bleeding tendency can also occur due to lack of platelets which may be a direct result of low nutrition, poor immunity, old age etc.
The Blood Coagulants Market is growing due to factors such as increasing awareness and prevalence of bleeding disorders, rise in accidents and surgeries, rise in chemotherapy, greater screening of patients with hemophilia and other blood disorders, excellent reimbursement for these class of medicines and their inclusion in essential medicines list etc. Chemotherapy also affects the rate of bleeding due to depression of bone marrow and other hematopoietic (blood forming) organs.
Taking all these factors into consideration, we expect the Middle East and Africa blood coagulants market to reach around $ 1784.12 million in 2022 from $ 1035 million in 2015, at a good CAGR of ~ 9.5%.
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Market Segments:
UAE is the largest market for blood coagulant drugs in Middle East and Africa’s market of blood coagulating drugs closely followed by Egypt.
Middle East and Africa blood coagulants market has been segmented
On the basis of clinical indications; market is segmented into accidents, surgery, hemophilia and others.
On the basis of drug class which comprises of coagulation factor which is further sub-segmented into plasma derived and recombinant coagulation factor; vitamin K analogues, fibrinogen analogues and others.
Competitive Analysis for Middle East and Africa Blood Coagulants Market:
Some of the key players in this market are:
Shire Plc, Novo Nordisk, Bayer AG, Pfizer Inc. Octapharma, Biogen Inc., CSL Behring
Tremendous important people for the market of blood coagulants Blood coagulants are manufacturers, Blood coagulants suppliers, Private research laboratories, Research and development (R&D) companies, Market research and consulting service providers, Government research laboratories, Contract manufacturing organizations
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Study Objectives Middle East and Africa Blood Coagulants Market:
The entry barrier is high for new firms and substitution of one product with another manufactured by a different player is difficult. Thus due to high switching costs the market shows signs of a brand market.
To provide detail analysis of the market structure along with forecast for the next 6 years of the various segments and sub-segments of the Middle East and Africa blood coagulants market
Insights about factors affecting the market growth
Analyze the market based on various factors- price analysis, supply chain analysis, Porters Five Force analysis etc.
Country level analysis of the market with respect to the current market size and future prospective
Country level analysis of the market for segments by drug class and by clinical indication and other sub segments.
Overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
Track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments globally.
Regional Analysis of Middle East and Africa Blood Coagulants Market:
The market for blood coagulants favors companies with strong research and development and hi tech in-house skills. The market reflects an oligopolistic nature with a few players dominating the market.
Another market that has witnessed good growth rates is Saudi Arabia, because of the greater expenditure on health by the local government and the rise in per capita income of the people. Noteworthy markets in Africa include South Africa and Algeria. The demand for these products have given rise to many biotechnological firms especially in India. The rest of Africa market is however the fastest growing with a huge unmet medical needs.
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List Of Tables TABLE 1 MIDDLE EAST AND AFRICA BLOOD COAGULANTS MARKET, 2013-2022 (USD MILLION) TABLE 2 MIDDLE EAST AND AFRICA BLOOD COAGULANTS MARKET, BY DRUG CLASS, 2013-2022 (USD MILLION) TABLE 3 MIDDLE EAST AND AFRICA BLOOD COAGULANTS MARKET, BY CLINICAL INDICATIONS, 2013-2022 (USD MILLION) TABLE 4 MIDDLE EAST AND AFRICA BLOOD COAGULANTS MARKET, BY REGION, 2013-2022 (USD MILLION)
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