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Ticagrelor Market Share

ID: MRFR//0324-CR | 101 Pages | Author: Kinjoll Dey| July 2019

Ticagrelor plays a crucial role in preventing strokes, particularly in patients with a history of acute coronary syndrome, marking a significant application for this medication. The global ticagrelor market is witnessing emerging opportunities driven by the introduction of ticagrelor in various medical contexts. The expansion of ticagrelor's applications beyond its primary use in preventing strokes is a noteworthy factor contributing to market growth. AstraZeneca, a prominent pharmaceutical company, is at the forefront of exploring and developing diverse applications for its ticagrelor product, known as Brilinta.
The exploration of ticagrelor's application in preventing acute ischemic stroke or transient ischemic attack is a prime example of its expanding utility. This novel application broadens the scope of ticagrelor, potentially providing effective preventive measures against these specific neurological conditions. Additionally, AstraZeneca is actively researching the application of ticagrelor in the prevention of vaso-occlusive crises in pediatric patients with sickle cell disease. This signifies a groundbreaking advancement, as ticagrelor might play a crucial role in mitigating the complications associated with sickle cell disease in pediatric populations.

These new and diverse applications of ticagrelor not only underscore its versatility but also open up novel markets for the global ticagrelor market. The exploration of its utility beyond the realm of cardiovascular health into neurological conditions and pediatric care widens the potential reach of ticagrelor, presenting opportunities for growth in previously untapped areas of the pharmaceutical market.

The commitment to research and development by pharmaceutical companies like AstraZeneca, aimed at discovering innovative applications for existing medications, is instrumental in shaping the landscape of the global ticagrelor market. As new applications emerge and demonstrate efficacy, the market is likely to witness increased demand and adoption, driven by the expanded utility and versatility of ticagrelor in addressing a spectrum of medical conditions.

, ticagrelor's primary application in preventing strokes, coupled with its evolving role in diverse medical contexts such as neurological conditions and pediatric care, exemplifies the expanding horizons of this medication. AstraZeneca's ongoing research initiatives and the exploration of novel applications for ticagrelor highlight the potential for growth in the global ticagrelor market. The emergence of new medical applications not only enhances the medication's value but also positions ticagrelor as a versatile pharmaceutical asset with the potential to make substantial contributions to various facets of patient care.

Covered Aspects:

Report Attribute/Metric Details
Base Year For Estimation   2022
Historical Data 2021
Forecast Period   2023-2032
Growth Rate   6.4%
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