The Oral Anticoagulants Market is expected to register a CAGR of 5.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Product (Novel Oral Anticoagulant, Warfarin); Indication (Atrial Fibrillation (AF) or Stroke Prevention, Deep Vein Thrombosis, And Pulmonary Embolism,) and Distribution Channel (Hospital Pharmacies, Retail Pharmacies, E-Commerce). The global analysis is broken down at the regional level and for major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Oral Anticoagulants Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Oral Anticoagulants Market Segmentation
Product- Novel Oral Anticoagulant
- Warfarin
- Atrial Fibrillation or Stroke Prevention
- Deep Vein Thrombosis
- Pulmonary Embolism
- Hospital Pharmacies
- Retail Pharmacies
- E-Commerce
Strategic Insights
Oral Anticoagulants Market Growth Drivers- Rising Prevalence of Cardiovascular Diseases: The increasing prevalence of cardiovascular diseases (CVDs) worldwide is one of the primary growth drivers of the oral anticoagulants market. Cardiovascular diseases like atrial fibrillation (AF), deep vein thrombosis (DVT), and pulmonary embolism that increase stroke risk need ongoing blood thinning medicine. Health conditions related to age and lifestyle habits are increasing because people get older and make unhealthy choices. More CVD patients require medical treatment which leads to higher demand for oral anticoagulants especially in this therapeutic segment. The pill-form anticoagulants warfarin and newer DOACs deliver better convenience to patients than injectable anticoagulants because they do not need regular administration and monitoring. According to market projections cardiovascular disease cases will drive oral anticoagulant sales across all markets including developed and developing regions. As awareness of stroke prevention increases, patients are more likely to adopt oral anticoagulants as part of their treatment regimen, further driving the growth of the market.
- Technological Advancements in Anticoagulant Therapies: Oral anticoagulant therapy development drives market growth because of technological improvements. During the last ten years direct oral anticoagulants (DOACs) have transformed the way healthcare providers treat patients. The new anticoagulant drugs apixaban, rivaroxaban, and dabigatran bring better patient benefits than warfarin because they are simpler to use and show steady drug effects without regular monitoring. Patients now have simpler treatment experiences and better results because of these breakthroughs. Doctors prescribe DOACs more often for patients with atrial fibrillation and other blood clotting conditions since their benefits as anticoagulants outweigh their bleeding risks. Research into new uses of oral anticoagulants will expand their popularity which would result in more sales of these medications. The market will keep growing because more doctors now use DOACs and patients benefit from their steady performance. Forecasts suggest that this segment will see continued expansion in the coming years, providing a significant growth driver for the oral anticoagulants market.
- Increased Awareness of Stroke Prevention: The oral anticoagulant market will grow more because public health efforts focus on preventing strokes. The elderly population with atrial fibrillation needs anticoagulation therapy because this condition increases their stroke risk. People have started receiving proper diagnosis and treatment for their AF problem because medical experts now understand its connection to stroke risk. More people understand oral anticoagulants work better and are easier to take instead of injectable treatments. People who learn about stroke risk reduction and anticoagulant medicine through education will choose oral anticoagulants more often which boosts market share growth according to predicted results. More people will choose DOACs instead of warfarin because they now know about these newer options which will boost market success. Healthcare organizations now focus more strongly on preventing health issues which means oral anticoagulants will stay in demand.
- Personalized Anticoagulation Therapy: One of the key future trends in the oral anticoagulants market is the shift toward personalized anticoagulation therapy. Healthcare providers can now choose exact anticoagulant treatments for patients thanks to improved genetic tests and diagnostic equipment. By tailoring treatment to each patient personal medicine provides them with the most suitable therapy that avoids harmful effects from bleeding or clotting problems. When doctors customize treatment plans they help patients follow their treatments better which leads to better medical results. The market for oral anticoagulant drugs will expand because forecast data predicts personalized anticoagulation therapy will become normal medical care. The market share for DOACs and oral anticoagulants will increase as new technology improves how patients receive their anticoagulant treatment. Personalized treatments are expected to fuel market expansion by offering more tailored, patient-centric approaches to anticoagulation therapy.
- Use of Digital Health Technologies in Anticoagulation Management: Healthcare providers will use digital tools to manage anticoagulation therapy as a main future market trend for oral anticoagulants. Digital health tools like wearable devices and telemedicine help patients follow their anticoagulant medicine schedule while monitoring vital signs and sending immediate feedback. Digital tools help patients take better care of their health while enabling doctors to track how well treatments work and spot side effects sooner. Digital health tools help patients follow their oral anticoagulant treatments better and track patient status which helps these drugs prevent thromboembolic events more successfully. Market growth forecasts show that digital health technologies will succeed because they help patients recover better while saving money on healthcare. The use of these technologies will likely increase the adoption of oral anticoagulants, contributing to the overall market size and share.
- Advancement of Non-Vitamin K Antagonist Oral Anticoagulants (NOACs): The oral anticoagulants market will develop further as more patients receive treatment with non-vitamin K antagonist oral anticoagulants (NOACs). NOACs including apixaban, rivaroxaban, and dabigatran provide better treatment options than warfarin because they do not need regular monitoring and have less impact from food and medications. Patients and healthcare providers choose NOACs because they have better safety features and steady drug absorption patterns. According to projections the use of NOACs will rise which will boost their market share and enlarge total oral anticoagulant sales. The market for oral anticoagulants will grow because doctors and patients expect to find more medical uses for NOACs.
- Adoption of Oral Anticoagulants in the Elderly Population: As the global population continues to age, there is a significant growth opportunity for oral anticoagulants, particularly among elderly patients. Older individuals are at higher risk for thromboembolic disorders like atrial fibrillation and deep vein thrombosis, which require long-term anticoagulation therapy. Elderly patients find it hard to take warfarin because it needs regular monitoring and special diet rules. Direct oral anticoagulants (DOACs) have grown in popularity because they need no regular monitoring tests. Medications that are easy to take help many senior patients choose them over other treatment options. Forecast data shows that as more people age they will need more oral anticoagulants. The market for oral anticoagulants will experience higher sales numbers and market share because doctors choose these medicines more often to treat older patients. Healthcare systems and medical teams will work harder to improve how they treat elderly patients which leads to market growth for oral anticoagulants. Additionally, the availability of oral anticoagulants with fewer side effects or drug interactions will likely lead to a greater adoption rate, further enhancing market expansion.
- Expansion of Oral Anticoagulants in Cancer Care: The market for cancer care has a promising future because patients need more oral anticoagulants. Patients diagnosed with cancer face a higher chance of blood clot development which needs treatment with blood thinning drugs. New research proves that direct oral anticoagulants help treat VTE better than other medications in cancer patients. The oral anticoagulants market grows because healthcare providers see the good results from using these drugs in cancer treatment. Market size for cancer treatment will grow as cancer centers start using oral anticoagulants according to medical forecasts. The oral anticoagulant market in oncology treatment will expand due to simpler administration methods when compared to injectables. Pharmaceutical companies will find new business possibilities as the medical research shows more success in using oral anticoagulants for cancer patients. The growth of oral anticoagulants in cancer care is expected to be a key contributor to the overall expansion of the market.
- Expansion of Indications for Stroke Prevention: The oral anticoagulant market will grow because doctors now prescribe these drugs more often to prevent strokes in patients with atrial fibrillation. More people recognize the risks of AF when it comes to strokes so they need anticoagulant therapy more. The oral anticoagulant market grows larger because new treatment recommendations support stroke prevention for AF patients. The market will expand as new blood thinning drugs receive approval for new uses. Research shows that the oral anticoagulant market will keep growing because doctors diagnose more patients with atrial fibrillation and similar diseases.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Oral Anticoagulants Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Oral Anticoagulants Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
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to segments covered.

Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
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Frequently Asked Questions
The Oral Anticoagulants Market is estimated to witness a CAGR of 5.5% from 2025 to 2031.
The major factors driving the Oral Anticoagulants Market are Rising Prevalence of Cardiovascular Diseases, Advancements in Drug Development, and Increased Awareness of Stroke Prevention.
Future trends in the Oral Anticoagulants Market Personalized Anticoagulation Therapy, the Use of Digital Health Technologies in Anticoagulation Management, and the Advancement of Non-Vitamin K Antagonist Oral Anticoagulants (NOACs)
Some of the players operating in the market are Cipla Limited, Medicure, Eisai Co., Ltd, GlaxoSmithKline Plc, Eli Lilly And Company, Abbott Laboratories, Boehringer Ingelheim GmbH, Daiichi Sankyo Company Ltd, Pfizer Inc, AstraZeneca, PLC
The report can be delivered in PDF/PPT format; we can also share an excel datasheet based on the request.
Some customization options available based on the request are an additional 3–5 company profiles and a country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Oral Anticoagulants Market - By Product
1.3.2 Oral Anticoagulants Market - By Indication
1.3.3 Oral Anticoagulants Market - By Distribution Channel
1.3.4 Oral Anticoagulants Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ORAL ANTICOAGULANTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ORAL ANTICOAGULANTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ORAL ANTICOAGULANTS MARKET - GLOBAL MARKET ANALYSIS
6.1. ORAL ANTICOAGULANTS - GLOBAL MARKET OVERVIEW
6.2. ORAL ANTICOAGULANTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ORAL ANTICOAGULANTS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. NOVEL ORAL ANTICOAGULANT
7.3.1. Overview
7.3.2. Novel Oral Anticoagulant Market Forecast and Analysis
7.3.3. Rivaroxaban Market
7.3.3.1. Overview
7.3.3.2. Rivaroxaban Market Forecast and Analysis
7.3.4. Apixaban Market
7.3.4.1. Overview
7.3.4.2. Apixaban Market Forecast and Analysis
7.3.5. Dabigatran Market
7.3.5.1. Overview
7.3.5.2. Dabigatran Market Forecast and Analysis
7.3.6. Edoxaban Market
7.3.6.1. Overview
7.3.6.2. Edoxaban Market Forecast and Analysis
7.3.7. Betrixaban Market
7.3.7.1. Overview
7.3.7.2. Betrixaban Market Forecast and Analysis
7.4. WARFARIN
7.4.1. Overview
7.4.2. Warfarin Market Forecast and Analysis
8. ORAL ANTICOAGULANTS MARKET - REVENUE AND FORECASTS TO 2028 - INDICATION
8.1. OVERVIEW
8.2. INDICATION MARKET FORECASTS AND ANALYSIS
8.3. ATRIAL FIBRILLATION (AF) OR STROKE PREVENTION
8.3.1. Overview
8.3.2. Atrial Fibrillation (AF) or Stroke Prevention Market Forecast and Analysis
8.4. DEEP VEIN THROMBOSIS AND PULMONARY EMBOLISM
8.4.1. Overview
8.4.2. Deep Vein Thrombosis And Pulmonary Embolism Market Forecast and Analysis
8.5.
8.5.1. Overview
8.5.2. Market Forecast and Analysis
9. ORAL ANTICOAGULANTS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
9.1. OVERVIEW
9.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
9.3. HOSPITAL PHARMACIES
9.3.1. Overview
9.3.2. Hospital Pharmacies Market Forecast and Analysis
9.4. RETAIL PHARMACIES
9.4.1. Overview
9.4.2. Retail Pharmacies Market Forecast and Analysis
9.5. E-COMMERCE
9.5.1. Overview
9.5.2. E-Commerce Market Forecast and Analysis
10. ORAL ANTICOAGULANTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Oral Anticoagulants Market Overview
10.1.2 North America Oral Anticoagulants Market Forecasts and Analysis
10.1.3 North America Oral Anticoagulants Market Forecasts and Analysis - By Product
10.1.4 North America Oral Anticoagulants Market Forecasts and Analysis - By Indication
10.1.5 North America Oral Anticoagulants Market Forecasts and Analysis - By Distribution Channel
10.1.6 North America Oral Anticoagulants Market Forecasts and Analysis - By Countries
10.1.6.1 United States Oral Anticoagulants Market
10.1.6.1.1 United States Oral Anticoagulants Market by Product
10.1.6.1.2 United States Oral Anticoagulants Market by Indication
10.1.6.1.3 United States Oral Anticoagulants Market by Distribution Channel
10.1.6.2 Canada Oral Anticoagulants Market
10.1.6.2.1 Canada Oral Anticoagulants Market by Product
10.1.6.2.2 Canada Oral Anticoagulants Market by Indication
10.1.6.2.3 Canada Oral Anticoagulants Market by Distribution Channel
10.1.6.3 Mexico Oral Anticoagulants Market
10.1.6.3.1 Mexico Oral Anticoagulants Market by Product
10.1.6.3.2 Mexico Oral Anticoagulants Market by Indication
10.1.6.3.3 Mexico Oral Anticoagulants Market by Distribution Channel
10.1.6.4 US Oral Anticoagulants Market
10.1.6.4.1 US Oral Anticoagulants Market by Product
10.1.6.4.2 US Oral Anticoagulants Market by Indication
10.1.6.4.3 US Oral Anticoagulants Market by Distribution Channel
10.2. EUROPE
10.2.1 Europe Oral Anticoagulants Market Overview
10.2.2 Europe Oral Anticoagulants Market Forecasts and Analysis
10.2.3 Europe Oral Anticoagulants Market Forecasts and Analysis - By Product
10.2.4 Europe Oral Anticoagulants Market Forecasts and Analysis - By Indication
10.2.5 Europe Oral Anticoagulants Market Forecasts and Analysis - By Distribution Channel
10.2.6 Europe Oral Anticoagulants Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Oral Anticoagulants Market
10.2.6.1.1 Germany Oral Anticoagulants Market by Product
10.2.6.1.2 Germany Oral Anticoagulants Market by Indication
10.2.6.1.3 Germany Oral Anticoagulants Market by Distribution Channel
10.2.6.2 France Oral Anticoagulants Market
10.2.6.2.1 France Oral Anticoagulants Market by Product
10.2.6.2.2 France Oral Anticoagulants Market by Indication
10.2.6.2.3 France Oral Anticoagulants Market by Distribution Channel
10.2.6.3 Italy Oral Anticoagulants Market
10.2.6.3.1 Italy Oral Anticoagulants Market by Product
10.2.6.3.2 Italy Oral Anticoagulants Market by Indication
10.2.6.3.3 Italy Oral Anticoagulants Market by Distribution Channel
10.2.6.4 Spain Oral Anticoagulants Market
10.2.6.4.1 Spain Oral Anticoagulants Market by Product
10.2.6.4.2 Spain Oral Anticoagulants Market by Indication
10.2.6.4.3 Spain Oral Anticoagulants Market by Distribution Channel
10.2.6.5 United Kingdom Oral Anticoagulants Market
10.2.6.5.1 United Kingdom Oral Anticoagulants Market by Product
10.2.6.5.2 United Kingdom Oral Anticoagulants Market by Indication
10.2.6.5.3 United Kingdom Oral Anticoagulants Market by Distribution Channel
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Oral Anticoagulants Market Overview
10.3.2 Asia-Pacific Oral Anticoagulants Market Forecasts and Analysis
10.3.3 Asia-Pacific Oral Anticoagulants Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific Oral Anticoagulants Market Forecasts and Analysis - By Indication
10.3.5 Asia-Pacific Oral Anticoagulants Market Forecasts and Analysis - By Distribution Channel
10.3.6 Asia-Pacific Oral Anticoagulants Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Oral Anticoagulants Market
10.3.6.1.1 Australia Oral Anticoagulants Market by Product
10.3.6.1.2 Australia Oral Anticoagulants Market by Indication
10.3.6.1.3 Australia Oral Anticoagulants Market by Distribution Channel
10.3.6.2 China Oral Anticoagulants Market
10.3.6.2.1 China Oral Anticoagulants Market by Product
10.3.6.2.2 China Oral Anticoagulants Market by Indication
10.3.6.2.3 China Oral Anticoagulants Market by Distribution Channel
10.3.6.3 India Oral Anticoagulants Market
10.3.6.3.1 India Oral Anticoagulants Market by Product
10.3.6.3.2 India Oral Anticoagulants Market by Indication
10.3.6.3.3 India Oral Anticoagulants Market by Distribution Channel
10.3.6.4 Japan Oral Anticoagulants Market
10.3.6.4.1 Japan Oral Anticoagulants Market by Product
10.3.6.4.2 Japan Oral Anticoagulants Market by Indication
10.3.6.4.3 Japan Oral Anticoagulants Market by Distribution Channel
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Oral Anticoagulants Market Overview
10.4.2 Middle East and Africa Oral Anticoagulants Market Forecasts and Analysis
10.4.3 Middle East and Africa Oral Anticoagulants Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa Oral Anticoagulants Market Forecasts and Analysis - By Indication
10.4.5 Middle East and Africa Oral Anticoagulants Market Forecasts and Analysis - By Distribution Channel
10.4.6 Middle East and Africa Oral Anticoagulants Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Oral Anticoagulants Market
10.4.6.1.1 South Africa Oral Anticoagulants Market by Product
10.4.6.1.2 South Africa Oral Anticoagulants Market by Indication
10.4.6.1.3 South Africa Oral Anticoagulants Market by Distribution Channel
10.4.6.2 Saudi Arabia Oral Anticoagulants Market
10.4.6.2.1 Saudi Arabia Oral Anticoagulants Market by Product
10.4.6.2.2 Saudi Arabia Oral Anticoagulants Market by Indication
10.4.6.2.3 Saudi Arabia Oral Anticoagulants Market by Distribution Channel
10.4.6.3 U.A.E Oral Anticoagulants Market
10.4.6.3.1 U.A.E Oral Anticoagulants Market by Product
10.4.6.3.2 U.A.E Oral Anticoagulants Market by Indication
10.4.6.3.3 U.A.E Oral Anticoagulants Market by Distribution Channel
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Oral Anticoagulants Market Overview
10.5.2 South and Central America Oral Anticoagulants Market Forecasts and Analysis
10.5.3 South and Central America Oral Anticoagulants Market Forecasts and Analysis - By Product
10.5.4 South and Central America Oral Anticoagulants Market Forecasts and Analysis - By Indication
10.5.5 South and Central America Oral Anticoagulants Market Forecasts and Analysis - By Distribution Channel
10.5.6 South and Central America Oral Anticoagulants Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Oral Anticoagulants Market
10.5.6.1.1 Brazil Oral Anticoagulants Market by Product
10.5.6.1.2 Brazil Oral Anticoagulants Market by Indication
10.5.6.1.3 Brazil Oral Anticoagulants Market by Distribution Channel
10.5.6.2 Argentina Oral Anticoagulants Market
10.5.6.2.1 Argentina Oral Anticoagulants Market by Product
10.5.6.2.2 Argentina Oral Anticoagulants Market by Indication
10.5.6.2.3 Argentina Oral Anticoagulants Market by Distribution Channel
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ORAL ANTICOAGULANTS MARKET, KEY COMPANY PROFILES
12.1. CIPLA LIMITED
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. MEDICURE
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. EISAI CO., LTD
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. GLAXOSMITHKLINE PLC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. ELI LILLY AND COMPANY
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ABBOTT LABORATORIES
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. BOEHRINGER INGELHEIM GMBH
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. DAIICHI SANKYO COMPANY LTD
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. PFIZER INC
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. ASTRAZENECA, PLC
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
- Cipla Limited
- Medicure
- Eisai Co., Ltd
- GlaxoSmithKline Plc
- Eli Lilly And Company
- Abbott Laboratories
- Boehringer Ingelheim GmbH
- Daiichi Sankyo Company Ltd
- Pfizer Inc
- AstraZeneca, PLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.