U.S. P2Y12 Inhibitors Market Is Estimated To Witness High Growth Owing To Increasing Demand for Antiplatelet Drugs
![]() |
U.S. P2Y12 Inhibitors Market |
The
U.S. P2Y12 inhibitors market is estimated to be valued at US$215.7 Million In 2021 and is expected to exhibit a CAGR of 3.8% over the forecast period,
according to a new report published by Coherent Market Insights. The market for
P2Y12 inhibitors is driven by the increasing demand for antiplatelet drugs,
which are used to prevent blood clotting in individuals with a history of
cardiovascular diseases or recent heart surgeries. P2Y12 inhibitors are
specifically designed to block the action of the P2Y12 receptor on platelets,
thereby reducing the risk of clot formation.
Market Key Trends: Rising Focus on Personalized Medicine
One key trend in the U.S.
P2Y12 Inhibitors Market is the rising focus on personalized medicine.
With advancements in molecular diagnostics and genetic testing, healthcare
providers are increasingly adopting personalized medicine approaches to
optimize treatment outcomes for their patients. In the case of P2Y12
inhibitors, genetic testing can help identify individuals who are poor
metabolizers of certain antiplatelet drugs, such as clopidogrel. This
information enables healthcare providers to personalize the dosage or switch to
alternative drugs for optimal therapeutic efficacy.
For example, individuals carrying loss-of-function alleles for the CYP2C19 gene
are poor metabolizers of clopidogrel, which is a widely prescribed P2Y12
inhibitor. These individuals have a significantly higher risk of major
cardiovascular events, such as stent thrombosis, compared to normal
metabolizers. By identifying these individuals through genetic testing,
healthcare providers can prescribe alternative P2Y12 inhibitors, such as
prasugrel or ticagrelor, which have shown better clinical outcomes in poor
metabolizers.
PEST Analysis:
Political: The U.S. P2Y12 inhibitors market is influenced by government
regulations and policies related to drug approval, pricing, and reimbursement.
Stringent regulations ensure the safety and efficacy of these drugs in the
market.
Economic: The economic factors impacting the market include healthcare
expenditure, insurance coverage, and affordability of P2Y12 inhibitors for
patients. The high cost of these drugs can limit their accessibility to a
certain population.
Social: The social factors influencing the market include the prevalence of
cardiovascular diseases, awareness among patients about antiplatelet drugs, and
patient adherence to prescribed treatments.
Technological: Advancements in diagnostic technologies, such as genetic
testing, and drug delivery systems are driving innovation in the P2Y12
inhibitors market. These advancements enable personalized medicine approaches
and improve patient outcomes.
Key Takeaways:
- The U.S.
P2Y12 Inhibitors Market is expected to witness high growth, exhibiting
a CAGR of 3.8% over the forecast period, due to increasing demand for
antiplatelet drugs.
- Regional Analysis: North America is expected to dominate the U.S. P2Y12
inhibitors market, owing to the high prevalence of cardiovascular diseases in
the region and well-established healthcare infrastructure. Furthermore,
increasing government initiatives for cardiovascular disease prevention and
management contribute to the market growth.
- Key Players: Key players operating in the U.S. P2Y12 inhibitors market
include Mylan N.V., Bristol-Myers Squibb, Dr Reddy's Laboratories, Teva
Pharmaceuticals USA, Inc., AstraZeneca, Genentech, Eli Lilly and Company,
Panacea Biotec, CHIESI USA, Inc., Lupin, Cipla, and Biocon. These companies
focus on strategic collaborations, product launches, and acquisitions to expand
their product portfolios and strengthen their market presence.
In conclusion, the U.S. P2Y12 inhibitors market is expected to witness
significant growth due to the increasing demand for antiplatelet drugs. The
market is driven by the rising focus on personalized medicine, wherein genetic
testing helps optimize treatment outcomes. North America is anticipated to
dominate the market, and key players are actively involved in strategic
initiatives to strengthen their position in the market.
Comments
Post a Comment