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(Medical-NewsWire.com, November 16, 2017 ) “Bivalirudin and Desmopressin Market: Global Demand Analysis & Opportunity Outlook 2024”
The global bivalirudin and desmopressin market is segmented into use such as Percutaneous Transluminal Coronary Angioplasty (PTCA) procedures, Percutaneous Coronary Intervention (PCI) procedures and others. Among these segments, Percutaneous Transluminal Coronary Angioplasty (PTCA) procedures segment is expected to occupy top position in overall bivalirudin and desmopressin market during the forecast period. Rising demand for minimally invasive procedure to open up blocked coronary arteries is fuelling the growth of Percutaneous Transluminal Coronary Angioplasty (PTCA) procedures segment.
Global bivalirudin and desmopressin market is expected to flourish at a significant CAGR during the forecast period. Increasing incidences of cardiovascular diseases is spurring the growth of the global bivalirudin and desmopressin market. Moreover, the global bivalirudin and desmopressin market is expected to garner noteworthy revenue by the end of 2024.
North America captured largest market for bivalirudin and desmopressin in 2015. Further, North America is projected to continue its dominance over the forecast period. High number of adults suffering with heart disease is driving the growth of the bivalirudin and desmopressinin market. Europe is anticipated to substantially contribute to the growth of bivalirudin and desmopressin market. This can be attributed to the growing absolute number of CVD (cardiovascular) cases in the region. Moreover, increase in number of new CVD cases is anticipated to grow the demand for bivalirudin and desmopressinin in the region. Asia Pacific is anticipated to showcase lucrative growth in bivalirudin and desmopressin market during the forecast period.
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Rising Cases of Heart Disease
Increasing incidents of cardiovascular diseases in the world is major factor behind the growth of global bivalirudin and desmopressin market. Further, the cases of cardiovascular diseases are projected to increase in the upcoming years. As a result, bivalirudin and desmopressin market is anticipated to witness substantial growth during the forecast period.
Growing Geriatric Population
Increasing old age population coupled with rising prevalence of nocturia in elder population is anticipated to fuel the demand for desmopressin during the forecast period. According to WHO, number of older people is anticipated to reach about 10% of the global population from 8.2% in 2015 which further is expected to fuel the demand for desmopressin. However, high cost of procedures and high adoption of alternative such as anti-thrombotic agents are likely to inhibit the growth of the Global Bivalirudin and Desmopressin Market in the near future.
The report titled “Bivalirudin and Desmopressin Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global bivalirudin and desmopressin market in terms of market segmentation by use and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
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This report also provides the existing competitive scenario of some of the key players of the global bivalirudin and desmopressin market which includes company profiling of Pfizer, Inc., Ferring Pharmaceuticals, Inc., Abbott Laboratories, Sun Pharmaceuticals Industries Limited, The Medicines Company, AmbioPharm Inc., Teva Pharmaceutical Industries Ltd., Chengdu Shengnuo Biopharm Co. Ltd., ScinoPharm Taiwan Ltd and Hainan Shuangcheng Pharmaceuticals Co. Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global bivalirudin and desmopressin market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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