The 7 major venous thromboembolism markets reached a value of US$ 3.8 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 7.0 Billion by 2034, exhibiting a growth rate (CAGR) of 5.71% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 3.8 Billion |
Market Forecast in 2034
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US$ 7.0 Billion |
Market Growth Rate 2024-2034
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5.71% |
The venous thromboembolism market has been comprehensively analyzed in IMARC's new report titled "Venous Thromboembolism Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Venous thromboembolism refers to a life-threatening medical disorder characterized by the formation of blood clots within the veins, leading to the obstruction of blood flow. This disease mainly encompasses two primary conditions: deep vein thrombosis (DVT) and pulmonary embolism (PE). DVT occurs when a blood clot forms in one of the deep veins, typically in the arms or legs, whereas PE develops if a blood clot dislodges from its site of origin and travels to the lungs, blocking one of the pulmonary arteries. Individuals suffering from this ailment may experience swelling, redness and warmth in the affected limb, chest pain, shortness of breath, rapid heart rate, lightheadedness, loss of consciousness, blood in the cough, etc. The diagnosis of venous thromboembolism typically involves a combination of clinical evaluation, medical history assessment, and blood analysis. A D-dimer test is utilized to detect an elevated level of a protein fragment that may be indicative of the disease. Several other diagnostic procedures, such as MR venography, vascular ultrasound, pulse oximetry, etc., are also performed to confirm a diagnosis among patients.
The rising prevalence of chronic injuries to veins or surrounding tissues that can disrupt blood flow and trigger clot formation is primarily driving the venous thromboembolism market. In addition to this, the increasing incidences of several associated risk factors, such as prolonged immobility, recent surgery or trauma, obesity, certain inherited blood clotting disorders, etc., are also bolstering the market growth. Moreover, the widespread adoption of direct oral anticoagulants, including apixaban, rivaroxaban, dabigatran, etc., which work by inhibiting the clotting factors in the blood, thereby preventing the formation of new clots, is further creating a positive outlook for the market. Besides this, the emerging popularity of inferior vena cava filters in patients who are unable to take pharmacological medicines is also propelling the market growth. This procedure involves the insertion of a tiny device into the large vein in the abdomen to prevent blood clots from reaching the lungs. Additionally, the escalating utilization of percutaneous mechanical thrombectomy for better and quicker removal of clots in the affected vein is expected to drive the venous thromboembolism market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the venous thromboembolism market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for venous thromboembolism and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the venous thromboembolism market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current venous thromboembolism marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Pradaxa (Dabigatran etexilate) | Boehringer Ingelheim |
Bevyxxa (Betrixaban) | Alexion AstraZeneca Rare Disease |
Eliquis (Apixaban) | Bristol-Myers Squibb/Pfizer |
Savaysa (Edoxaban) | Daiichi Sankyo |
Xarelto (Rivaroxaban) | Bayer/Johnson & Johnson Pharmaceutical Research & Development |
Abelacimab | Anthos Therapeutics |
Isoquercetin | Quercis Pharma |
TRX1 | TeaRx |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Venous Thromboembolism: Current Treatment Scenario, Marketed Drugs and Emerging Therapies