Anti-Fibrinolytic Drugs - Niger | Statista Market Forecast

The projected revenue for the Anti-Fibrinolytic Drugs market in Niger is expected to reach US$1.70m in 2024.
It is anticipated that the revenue will show an annual growth rate of 5.98% from 2024 to 2029, resulting in a market volume of US$2.28m by 2029.
In comparison to other countries, United States is projected to generate the highest revenue of US$9.86bn in 2024.
Niger is witnessing a growing demand for anti-fibrinolytic drugs due to an increase in cases of hemorrhagic diseases in the country.

Definition:
The Anti-Fibrinolytics market covers drugs which help blood to clot. They are used to treat and prevent bleeding episodes of patients with hemophilia. Moreover, anti-fibrinolytics are used before or during certain surgeries. In doing so, the usage of blood products, such as fresh frozen plasma, as well as the associated risks of infections and/or anaphylactic reactions can be avoided.

Additional information:
Market values represent the revenues generated by manufacture prices paid to primary vendors, either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), companies (B2B), and governments (B2G).

Company examples: Roche, Takeda, Novo Nordisc, Sanofi, Bayer

Inhibitors of fibrinolysis
Drugs to treat hemophilia

Anti-coagulants
Anti-hypertensives
Wound care

The Anti-Fibrinolytic Drugs market in Niger is showing steady growth in recent years.

Customer preferences: Anti-Fibrinolytic Drugs are primarily used to control bleeding in patients with hemophilia, post-surgical bleeding, and other bleeding disorders. In Niger, there is a growing demand for these drugs due to the increasing prevalence of hemophilia and other bleeding disorders. Additionally, the country's healthcare infrastructure is improving, and more patients are seeking medical treatment for their conditions.

Trends in the market: The Anti-Fibrinolytic Drugs market in Niger is growing steadily due to the increasing prevalence of bleeding disorders and the improving healthcare infrastructure. The market is dominated by multinational pharmaceutical companies that have a strong presence in the country. These companies are investing in research and development to bring new and innovative Anti-Fibrinolytic Drugs to the market.

Local special circumstances: Niger is a low-income country with a high burden of disease. The healthcare infrastructure is weak, and access to medical treatment is limited in many areas. However, the government is taking steps to improve the healthcare system, and there is a growing demand for healthcare services in the country. Additionally, there is a lack of awareness among the general population about bleeding disorders and their treatment options. This presents an opportunity for pharmaceutical companies to educate patients and healthcare providers about the benefits of Anti-Fibrinolytic Drugs.

Underlying macroeconomic factors: Niger is one of the poorest countries in the world, with a GDP per capita of less than $500. The economy is heavily dependent on agriculture and mining, and the country faces significant challenges in terms of infrastructure development and human capital. However, the government is taking steps to diversify the economy and attract foreign investment. The pharmaceutical industry is one of the priority sectors for investment, and the government is offering incentives to attract multinational companies to the country. This presents an opportunity for pharmaceutical companies to expand their operations in Niger and tap into the growing demand for Anti-Fibrinolytic Drugs.

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on drug revenues allocated to the country where the money is spent. Monetary values are given at manufacturer price level excluding VAT.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market. As a basis for evaluating markets, we use financial information of the key players by market. Next, we use relevant key market indicators and data from country-specific associations, such as industry associations. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. The main driver is healthcare expenditure. Expiring patents and new drugs in the pipeline are also considered.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. This market comprises prescription drugs and all OTC drugs covered in the Statista OTC Pharmaceuticals market. However, in the OTC Pharmaceuticals market, revenues are based on end-consumer prices.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

Bleeding disorders affect the clotting of blood and can result in excessive bleeding inside and outside of the body. Bleeding disorders are almost always inherited and common symptoms include easy bruising, frequent nosebleeds, heavy menstrual bleeding, and excessive bleeding from small cuts. Treatments vary depending on the type of disorder, but may include factor replacement therapy, iron supplementation, topical products or sprays, or blood transfusions. The most common types of bleeding disorders are hemophilia A and B and von Willebrand disease. In 2022, there were around 257,146 people worldwide who had been diagnosed with hemophilia and 100,505 who had been diagnosed with von Willebrand disease.