Cardiovascular Drugs Market Size, Trends And Growth

Cardiovascular Drugs Market Size, Trends And Growth | 2022 to 2028

Posted 2022-11-21 10:11:57

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The global cardiovascular drugs market size was valued at USD 146.51 billion in 2021, growing at a CAGR of 4.8% during the forecast period 2022-2028. Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Cardiovascular Drugs Market By Disease Type (Hypertension, Congestive Heart disease, Angina pectoris, Myocardial Ischemia, Peripheral Artery Diseases, Atherosclerosis, Cardiomyopathy, Others), By Drug Class (Anti-hypertensive Drugs, Lipid lowering drugs, Beta-adrenergic Blocking Agents, Vasodilators, Anti-platelet Agents, Others), By Route of Administration (Oral, Buccal/sublingual, Intravenous, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) - Global/Region/Country Forecast to 2028”.

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Growing R&D Activities to Bring Novel Cardiovascular Drugs into the Market will Impel the Global Cardiovascular Drugs Market

Cardiovascular drugs hugely help in the treatment of different cardiovascular illnesses by working as effective medications. Cardiac arrhythmia, venous thrombosis, hypertension, coronary artery diseases, congenital heart disease, angina pectoris, cardiomyopathy, peripheral artery diseases and congenital heart diseases are some of the cardiovascular illnesses treated using these drugs. It becomes easy to prevent most of the cardiovascular diseases through cardiovascular drugs but, death can occur in frequent conditions because of cardiovascular illnesses. Global cardiovascular drugs market is categorized based on distribution channel, drug class, indication, region and route of administrations

Lifestyle change, easy access to cardiovascular drugs in the market, increasing cases of obesity and promising product pipeline are expected to drive the growth of cardiovascular drugs market. In addition, government support for increasing the awareness amid people regarding cardiovascular illnesses and treatment options is the factor projected to boost the cardiovascular drugs market growth. On the other hand, severe effects involved with the medications, strict regulatory guidelines for the approval of the product and high treatment cost are some of the factors hindering the cardiovascular drugs market growth.

Regional Analysis Cardiovascular Drugs Market:

On the basis of regional analysis, the global cardiovascular drugs market is categorized into major regions such as Latin America, Europe, North America, Middle East, Europe and Africa. North America obtained considerable share due to the growing research and development activities in the region. Europe market is witnessing profitable growth because of the increasing count of cardiovascular diseases in rising economies of this region such as Italy, Germany, UK, Russia and Ukraine. Asia pacific cardiovascular drugs market is growing at considerable rate because of the growing population in economies of this region such as Japan, India and China, huge government support to prevent cardiovascular illnesses in different economies and rising medical tourism in the countries of this region. Middle East and Africa market is witnessing notable growth because of the business expansion by key players in the regions.

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Competitive Assessment: Cardiovascular Drugs Market

There are some leading players working in the global cardiovascular drugs market, which include AstraZeneca plc (U.K.), GlaxoSmithKline plc (U.K.), Novartis AG (Switzerland), Bristol Myers Squibb (U.S.), Pfizer, Inc. (U.S.), Sanofi S.A. (France), Boehringer Ingelheim GmbH (Germany), Johnson & Johnson Services, Inc. (U.S.), Bayer AG (Germany), Merck & Co., Inc. (U.S.) and Espero Pharmaceuticals, Inc. (U.S.).

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