Overview
Fondaparinux Market is expected to grow at a high CAGR during the forecast period (2024-2031).
Fondaparinux is a synthetic anticoagulant, commonly referred to as a blood thinner, used to prevent and treat blood clots in the legs, lungs, and other areas of the body. It works by inhibiting the action of thrombin, a key enzyme in blood clot formation. Administered via subcutaneous injection, fondaparinux is often combined with other medications to lower the risk of clotting.
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Market Growth Trends
The growing burden of cardiovascular disease drives market growth
Ischemic heart disease and stroke are the leading causes of death and disability globally, with cardiovascular diseases (CVDs) also contributing significantly to disability. According to a 2022 article published in the Journal of the American College of Cardiology, 1.87 million (95% CI: 1.44-2.34 million) cardiovascular deaths and 3.47 million (95% CI: 2.93-4.00 million) overall deaths were linked to reduced kidney function.
Most non-high-income countries continue to see a growing burden of CVD, and alarmingly, the age-standardized rate of CVD is beginning to rise in some high-income regions where it had previously been declining.
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Market is segmented
By Type: Branded, Generic
By Application: Orthopedics, Cardiovascular, Others
By End User: Hospitals and Clinics, Diagnostic Centers, Ambulatory Surgical Centers
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
Market Key Players
· Dr. Reddy's Laboratories, Inc.
· GlaxoSmithKline Plc
· Mylan N.V.
· Pfizer, Inc.
· Bayer Healthcare AG
· Boehringer Ingelheim
· Sanofi S.A.
· Abbott
· Aspen Holdings
· Bristol-Myers Squibb Company
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