Anti-Hypertensive Drugs Market Value Chain, Factor Analysis, Region and Forecasts Till 2022
Added: (Fri Feb 01 2019)
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Anti-Hypertensive Drugs are used to treat hypertension (high blood pressure). Hypertension is a state of chronic elevated arterial blood pressure at or greater than 140/90 mm Hg for adults. Hypertension is one of the most powerful risk factors for cardiovascular morbidity and mortality. There exact cause of hypertension is unknown but is said that unhealthy, heady lifestyle and ageing mirror such disorders as “Hypertension”.
According to a recent study report published by the Market Research Future, The global market of Anti-Hypertensive Drugs was valued at $32.2 billion in 2015, and is projected to reach $ 38.9 billion by 2022. Thus the market is anticipated to observe a sluggish growth; at a CAGR of 2.73% during 2016 to 2022.
The major market driving factors for secondary hypertension are greater detection and early diagnosis. Rise in the prevalence diseases such as kidney problems, thyroid problems, adrenal gland tumours, heart ailments, chronic alcohol use etc. in which anti-hypertensive drugs are used; are some of the other factors driving the growth of the Anti-Hypertensive Drugs market. The constraints however are overwhelming and include patent expiries such as Actelion's Tracleer (2015), and United Therapeutic's Remodulin (2014). Other blockbuster’s such as Novartis's Diovan and Exforge, Sanofi Aventis's Avapro (2012) etc are also off-patent.
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Key Players for Global Anti-Hypertensive Drugs Market
Market Research Future (MRFR) recognizes the following companies as the key players in Anti-Hypertensive Drugs Market: There are plenty of large and small market players which operate in this market all over the globe.
Novartis AG, Daiichi Sankyo Company Limited, Acetelion Ltd, Boehringer Ingelheim, Sanofi S.A., Astra Zeneca plc, Ranbaxy Laboratories Limited, Inc., Takeda Pharmaceuticals Company Limited, Pfizer Inc. are some of the prominent players at the forefront of competition in the Global Market of Anti-Hypertensive Drugs and are profiled in MRFR Analysis.
The Anti-Hypertensive Drugs market is highly stable as far as eyes can see attributed to the presence of selective well-established vendors. Market is witnessing the sluggish growth due to the vast usage of generic drugs. During the analysis, heavy investments by the manufacturers in the development of new medicines are observed. This trend is likely to get carry forwarded during the anticipated years. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion.
Segments for Global Anti-Hypertensive Drugs Market
The Anti-Hypertensive Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Pharmacological Class: Comprises Diuretics, ACE Inhibitors, Calcium Channel Blockers, Adrenergic Blocker and other.
Segmentation By Hypertension Type: Comprises Systemic and Pulmonary Hypertension Drugs and other.
Segmentation By Disease Source: Comprises Primary and Secondary.
Segmentation By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Regional Analysis for Global Anti-Hypertensive Drugs Market
Globally North America is the largest market for global anti-hypertensive drugs. Europe is the second-largest market for global anti-hypertensive drugs. The near future market for anti-hypertensive drugs will be dominated by the developed regions with developing regions providing a supporting role only. However the developing regions market particularly Asia Pacific will be the fastest growing and is likely to be the key to the future.
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