Market Synopsis of Global Anti-Hypertensive Drugs Market:
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.
The global anti-hypertensive drugs market was valued at $32.2 billion in 2015, and is expected to reach $ 38.9 billion by 2022. Thus the market is expected to perform sluggish growth at a CAGR of 2.73% from 2016 to 2022.
There exact cause of essential hypertension is unknown but is blamed on unhealthy lifestyle and ageing. The major market driving factor for secondary hypertension are greater detection and early diagnosis. Rise in the prevalence diseases such as kidney problems, thyroid problems, adrenal gland tumors, heart ailments, chronic alcohol use etc. in which anti-hypertensive are used are some of the other factors driving the growth of the 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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Global anti-hypertensive drugs market has been segmented on the basis of pharmacological class, hypertension type, disease source and Region.
Key Players for Global Anti-Hypertensive Drugs Market:
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.
- Global anti-hypertensive drugs manufacturers
- Global anti-hypertensive drugs suppliers
- Research and development Laboratories
- Market Research and Consulting Service Providers
Regional Analysis of 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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Study Objectives Global Anti-Hypertensive Drugs Market:
- To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the global anti-hypertensive drugs market
- To provide insights about factors affecting the market growth
- To analyze the market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segments and sub-segments.
The report for Global Anti-Hypertensive Drugs Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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