Tranexamic acid belongs to the category of medications known as antifibrinolytic agents, and it is a structural analog of amino acid lysine. Tranexamic acid is a whitish crystalline powder, which is soluble in glacial acetic acid and water. It works by delaying the breakdown of blood clots, which helps to inhibit prolonged bleeding. It is extensively used to prevent bleeding after an operation. The increasing use of tranexamic acid in several surgeries, including heart, liver, and vascular is anticipated to create new opportunities for the product in the coming years.
MARKET DYNAMICS
Rising demand for tranexamic acid from patients suffering from hemophilia is envisaged to impact market progression positively. Moreover, considerable demand for the product in medical cases with excessive bleeding such as prostatectomy and epistaxis is anticipated to propel the growth of tranexamic acid. Also, the product has gained traction in skincare treatment due to its lightening properties. Besides, the growing importance of the product to prevent melanin formation and fade marks left by pimples is projected to amplify the tranexamic acid market in the forecast period.
MARKET SCOPE
The "Global Tranexamic Acid Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the tranexamic acid market with detailed market segmentation by form, application and geography. The global tranexamic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tranexamic acid market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global tranexamic acid market is segmented on the basis of form and application. On the basis of form, tranexamic acid market is segmented into tablets, injections, and oral liquid. On the basis of application, market is segmented into surgery, trauma, whitening cosmetics, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global tranexamic acid market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The tranexamic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the tranexamic acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the tranexamic acid market in these regions.
MARKET PLAYERS
The reports cover key developments in the tranexamic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from tranexamic acid market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the tranexamic acid market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tranexamic acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Asahi Kasei Finechem
- Cipla
- FDC Limited
- Hunan Dongting Pharmaceutical
- Mascot Industries
- Pfizer
- Taicang Pharmaceutical Factory
- Taj Pharmaceutical Limited
- Vega Group company limited
- Wockhardt Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.