Deep Vein Thrombosis (DVT) Treatment Market 2030 By Type, Distribution Channel, End-user and Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits

Industry : Healthcare | Pages : 186 Pages | Published On : Feb 2024

Deep Vein Thrombosis (DVT) Treatment Market was valued USD 813 Million in 2022 and projected to reach USD 1,417.9 Million by 2030, growing at a CAGR of 7.2% during the forecast period of 2023-2030.

Major vendors in the global Deep Vein Thrombosis (DVT) Treatment Market: Aspen Holdings, Novartis AG, Mylan N.V., Momenta Pharmaceuticals, Inc., Hikma Pharmaceuticals PLC, Laboratorios FarmaceuticosRovi, S.A., GL Pharma, Cobapharma, BoehringerIngelheim GmbH, Glenmark Pharmaceuticals Inc., Bristol-Myers Squibb Company, Portola Pharmaceuticals, Inc., Daiichi Sankyo Company, Limited, Johnson & Johnson Services, Inc., Bayer AG, Bausch Health, VasudhaPharma, Tianyu Pharmaceutical Co., Ltd., Neuland Laboratories Ltd, Mitsubishi Tanabe Pharma Corporation and Others.

Market Overview

The Deep Vein Thrombosis (DVT) Treatment Market is witnessing a transformative phase driven by advancements in medical technology and an increasing awareness of the risks associated with Deep Vein Thrombosis. Deep Vein Thrombosis is a medical condition characterized by the formation of blood clots in deep veins, typically in the legs. If left untreated, these clots can travel to the lungs, leading to a potentially life-threatening condition known as pulmonary embolism. The market for DVT treatment is expanding rapidly as healthcare providers focus on innovative therapies and interventions to address this critical health concern. With a growing aging population and rising incidences of sedentary lifestyles, the demand for effective DVT treatments is poised to surge in the coming years. The global prevalence of DVT has propelled research and development efforts to enhance the efficacy of existing treatments and introduce novel therapeutic options. Anticoagulant medications, compression stockings, and life modifications are among the conventional approaches to DVT management. However, ongoing advancements in medical science have led to the emergence of innovative treatments, including catheter-directed thrombolysis and mechanical thrombectomy, offering more targeted and efficient solutions for clot removal. The market landscape is further shaped by increasing collaborations between pharmaceutical companies and research institutions, fostering a synergistic environment for the development of cutting-edge therapies.

Increasing Prevalence Of Obesity Across The Global Population

The escalating prevalence of obesity worldwide has emerged as a significant driver of the Deep Vein Thrombosis (DVT) Treatment Market, reshaping the landscape of vascular health. Obesity, characterized by excess body fat accumulation, not only contributes to a myriad of health issues but also significantly heightens the risk of developing deep vein thrombosis—a condition marked by the formation of blood clots in the deep veins, often in the legs. The intricate interplay between obesity and DVT is rooted in multiple factors associated with adipose tissue, inflammation, and impaired blood circulation.

Obesity induces a pro-inflammatory state within the body, promoting the release of cytokines and other inflammatory mediators. This chronic inflammatory environment contributes to endothelial dysfunction, a key precursor to the development of blood clots. Moreover, individuals with obesity often experience alterations in blood flow dynamics, as the increased pressure on veins hinders the smooth circulation of blood, creating an environment conducive to clot formation. The adipose tissue itself is recognized as an active endocrine organ, releasing various substances that can influence blood coagulation and fibrinolysis.

Market Dynamics

Drivers:

  • Increasing Prevalence Of Obesity Across The Global Population
  • Rising Investments In Research And Development Activities

Opportunities:

  • Product Innovations and Pipeline Developments
  • Increasing focus on improving healthcare infrastructure

Product Innovations and Pipeline Developments

The Deep Vein Thrombosis (DVT) Treatment Market is experiencing a notable upswing in growth opportunities, driven by a surge in product innovations and robust pipeline developments. As the understanding of the complex pathophysiology of DVT deepens, there is a growing emphasis on developing novel therapeutic interventions that offer enhanced efficacy, safety profiles, and patient outcomes. Pharmaceutical companies and medical research institutions are at the forefront of this transformative wave, investing heavily in research and development to bring innovative solutions to the market. One of the key drivers of this opportunity lies in the ongoing advancements in anticoagulant medications. Novel oral anticoagulants (NOACs) have gained prominence, offering advantages such as predictable pharmacokinetics, fewer drug interactions, and a reduced need for monitoring compared to traditional anticoagulants. Additionally, the development of targeted therapies that address specific aspects of DVT pathogenesis is a promising avenue. These include drugs that modulate the inflammatory response, improve endothelial function, or directly target the mechanisms of clot formation, providing a more tailored and effective approach to treatment.

The market for Deep Vein Thrombosis (DVT) Treatment is dominated by North America.

North America stands as a dominant force in the Deep Vein Thrombosis (DVT) Treatment Market, driven by a confluence of factors that underscore the region's leadership in healthcare innovation and research. One of the primary contributors to North America's dominance is the escalating healthcare costs, which have prompted a heightened focus on advanced and efficient treatment modalities. The region's robust healthcare infrastructure, coupled with a proactive approach to addressing health concerns, has fostered an environment where investments in cutting-edge DVT treatments are both encouraged and readily supported. The increased emphasis on research and development (R&D) activities related to deep vein thrombosis treatment further solidifies North America's position. The region is home to a multitude of pharmaceutical companies, medical research institutions, and academic centers that actively engage in exploring novel therapeutic approaches and technologies for managing DVT. This commitment to R&D not only propels the development of innovative treatments but also positions North America as a hub for clinical trials, attracting global attention and collaboration.

The hospital pharmacies Segment is Anticipated to Hold the Largest Market Share During the Forecast Period

Based on Distribution Channel the Deep Vein Thrombosis (DVT) Treatment market is segmented into Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies. The dominance of hospital pharmacies in the Deep Vein Thrombosis (DVT) Treatment Market is evident, with hospital pharmacies securing the largest market share in 2021. This trend is attributed to several advantages associated with hospital pharmacies, including the easier availability of medicines. The presence of a greater number of medical professionals and advanced infrastructure within hospital settings encourages a significant portion of cardiovascular disease (CVD) patients to visit hospital outpatient departments (OPDs) for treatment, including the acquisition of drug prescriptions. The preference for receiving treatments at hospitals, where high-quality care is readily available, has led to a substantial expansion in drug sales across in-house pharmacies. This growing trend underscores the pivotal role that hospital pharmacies play in meeting the healthcare needs of DVT patients. The convenience and accessibility offered by hospital pharmacies contribute to their prominence in the market, and the pace of expansion in drug sales through these channels is expected to remain considerable as more patients choose hospitals as their primary healthcare destinations.

Global Deep Vein Thrombosis (DVT) Treatment Market Report Scope:

Report

Details

Market size value in 2023

USD 813 Million

Market size value in 2030

USD 1,417.9 Million

CAGR (2023-2030)

7.2%

Forecast Period

2023–2030

Historic Data

2019

Forecast Units

Value (USD Million/USD Billion)

Segments Covered

Treatment, Distribution Channel, End User and Region

Geographies Covered

North America, Europe, Asia Pacific, and RoW

Major Segmentations Are Distributed as follows:

  • By Treatment:
    • Surgery
    • Drugs
      • Anticoagulants
      • Heparin
      • Others
    • Others
  • By Distribution Channel:
    • Hospital Pharmacies
    • Retail Pharmacies
    • Online Pharmacies
  • By End-User:
    • Hospitals
    • Homecare
    • Specialty Clinics
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Colombia
      • Chile
      • Peru
      • Rest of Latin America
    • Europe
      • Germany
      • France
      • Italy
      • Spain
      • U.K.
      • BENELUX
      • CIS & Russia
      • Nordics
      • Austria
      • Poland
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Thailand
      • Indonesia
      • Malaysia
      • Vietnam
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Nigeria
      • Egypt
      • Israel
      • Turkey
      • Rest of MEA

 Recent Developments

  • In June 2021, FDA approved first oral blood thinner, called Pradaxa (dabigatran etexilate) to treat children of age 3 months to 12 years with DVT.
  • In April 2021, Valeo Pharmaceuticals announced the commencement of commercial shipments of Redesca and Redesca HP, which are Heparin and low-molecular-weight Heparin used in treating deep vein thrombosis as blood thinners.

 

Answers to Following Key Questions:

  • What will be the Deep Vein Thrombosis (DVT) Treatment Market’s Trends & growth rate? What analysis has been done of the prices, sales, and volume of the top producers in the Deep Vein Thrombosis (DVT) Treatment Market?
  • What are the main forces behind worldwide Deep Vein Thrombosis (DVT) Treatment Market? Which companies dominate Deep Vein Thrombosis (DVT) Treatment Market?
  • Which companies dominate Deep Vein Thrombosis (DVT) Treatment Market? Which business possibilities, dangers, and tactics did they embrace in the market?
  • What are the global Insight Engines industry's suppliers' opportunities and dangers in Deep Vein Thrombosis (DVT) Treatment Market?
  • What is the Insight Engines industry's regional sales, income, and pricing analysis? In the Deep Vein Thrombosis (DVT) Treatment Market, who are the distributors, traders, and resellers?
  • What are the main geographic areas for various trades that are anticipated to have astounding expansion over the Deep Vein Thrombosis (DVT) Treatment Market?
  • What are the main geographical areas for various industries that are anticipated to observe astounding expansion for Deep Vein Thrombosis (DVT) Treatment Market?
  • What are the dominant revenue-generating regions for Deep Vein Thrombosis (DVT) Treatment Market, as well as regional growth trends?
  • By the end of the forecast period, what will the market size and growth rate be?
  • What are the main Deep Vein Thrombosis (DVT) Treatment Market trends that are influencing the market's expansion?
  • Which key product categories dominate Deep Vein Thrombosis (DVT) Treatment Market? What is Deep Vein Thrombosis (DVT) Treatment Market’s main applications?
  • In the coming years, which Deep Vein Thrombosis (DVT) Treatment Market technology will dominate the market?

Reason to purchase this Deep Vein Thrombosis (DVT) Treatment Market Report:

  • Determine prospective investment areas based on a detailed trend analysis of the global Deep Vein Thrombosis (DVT) Treatment Market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different Deep Vein Thrombosis (DVT) Treatment Market segments in the top spending countries across the world and identify the opportunities each offers.
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels that are driving the global Deep Vein Thrombosis (DVT) Treatment Market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Deep Vein Thrombosis (DVT) Treatment Market.
  • Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Deep Vein Thrombosis (DVT) Treatment Market providers worldwide, including information about their products, alliances, recent contract wins, and financial analysis wherever available.

TOC

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Leading Market Players

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Market Size and Growth Rate

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