Venous Thromboembolism therapeutics market set to hit $3.7 bn by 2025

Pradaxa, Xarelto, and Eliquis, which are all currently available, will see improved uptake over the forecast period


The therapeutics market for venous thromboembolism (VTE), a condition which comprises deep vein thrombosis and pulmonary embolism, is set to rise from $2.8 billion in 2015 to $3.7 billion by 2025, representing a Compound Annual Growth Rate (CAGR) of 2.89%, according to research and consulting firm GlobalData.

The company's latest report states that this steady growth, which will occur across the seven major markets of the US, France, Germany, Italy, Spain, the UK, and Japan, will be driven primarily by the rise in sales surrounding the VTE primary prophylaxis space, which is projected to increase from $2.4 billion in 2015 to $3.5 billion by 2025, at a CAGR of 4.01%.

Also read: Novel lipid altering therapies to steer acute coronary syndrome market beyond $12 bn by 2022

Dr Michela McMullan, GlobalData's Analyst covering Cardiovascular and Metabolic Disorders, explains: "Novel oral anticoagulants (NOACs), which are used to prevent and treat VTE, will primarily drive the market, and represent important advances over warfarin, a cheap and established anticoagulant.

"This is because NOACs do not require routine blood monitoring or dose adjustments, have fewer drug-drug interactions, do not produce major dietary effects, and in terms of efficacy and safety, have been proven to be non-inferior, if not superior, compared with warfarin."

GlobalData believes that as physician familiarity with these drugs increases, and experience is gained in selecting the appropriate NOAC dependent on a patient's risk profile, further NOAC uptake will occur across all markets.


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