New York, USA, May 25, 2023 (GLOBE NEWSWIRE) -- Hypertension Drugs Global Market to Witness Upsurge in Growth at a CAGR of ~3% by 2028 | DelveInsight
The hypertension drugs market is expected to surge during the forecast period of 2023–2028 owing to the rising prevalence of hypertension, the increasing number of obese and overweight people, rising awareness of high blood pressure and its consequences, and rising cases of psychiatric comorbidities associated with uncontrolled hypertension, among other factors.
DelveInsight’s Hypertension Drugs Market Insights report provides the current and forecast market analysis, individual leading hypertension drugs companies’ market shares, challenges, hypertension drugs market drivers, barriers, trends, and key market hypertension drugs companies in the market.
Key Takeaways from the Hypertension Drugs Market Report
- As per DelveInsight estimates, North America is anticipated to dominate the global hypertension drugs market during the forecast period.
- Notable hypertension drugs companies such as Pharmanovia, Boehringer Ingelheim Ltd., DAIICHI SANKYO COMPANY, LIMITED, Lupin, Novartis AG, Merck & Co., Inc., Pfizer Inc., Sanofi, Noden Pharma DAC, Bayer, Zydus Cadila, Alembic Pharmaceuticals Limited, Astellas Pharma Inc., Dr. Reddy’s Laboratories Ltd., Hanmi Pharm. Co., Ltd., Mankind Pharma, GLENMARK PHARMACEUTICALS LTD., Ajanta Pharma, and several others, are currently operating in the hypertension drugs market.
- In December 2022, Glenmark received the US FDA approval for the high blood pressure medicine Nicardipine Hydrochloride.
- In September 2022, Lupin announced the launch of Sildenafil for oral suspension, indicated for the treatment of pulmonary arterial hypertension.
To read more about the latest highlights related to the hypertension drugs market, get a snapshot of the key highlights entailed in the Global Hypertension Drugs Market Report
Hypertension Drugs Overview
Hypertension, or high blood pressure, increases the risk of heart disease and stroke. Obesity, heavy alcohol intake, smoking, and a family history of hypertension are all risk factors for hypertension. Beta-blockers are frequently used to treat hypertension. High blood pressure is a frequent condition in which the long-term pressure of blood against your artery walls is severe enough to cause health problems, including coronary heart disease. Hypertension drugs are medicines used to treat and manage hypertension in people. If lifestyle changes alone are insufficient to bring blood pressure down to the target level, these drugs can help.
Hypertension Drugs Market Insights
North America is expected to account for the highest proportion of the hypertension medications market in 2023, out of all regions. The market for hypertension drugs is expected to grow during the forecast period due to the importance of key growth factors such as increasing cases of hypertension, an increasing number of obese and overweight individuals in the region, sophisticated healthcare infrastructure, among others. Furthermore, advanced product launches with numerous products receiving regulatory approval are expected to fuel the hypertension drug market in the United States. For example, Alembic Pharma got approval from the US Food and Drug Administration in August 2022 for chlorthalidone tablets intended for the treatment of high blood pressure.
To know more about why North America is leading the market growth in the hypertension drugs market, get a snapshot of the Hypertension Drugs Market Outlook
Hypertension Drugs Market Dynamics
Hypertension is a key risk factor for cardiovascular disorders, including coronary heart disease and stroke, as well as chronic renal disease, heart failure, arrhythmia, and dementia. As the prevalence of hypertension rises, so will the risk of other deadly diseases, necessitating the use of hypertension drugs to avoid poor health outcomes. The increased prevalence of psychiatric comorbidities such as depression, anxiety disorders, and others that contribute to uncontrolled hypertension is expected to drive the hypertension drugs market. Another factor driving the growth of the hypertension drugs market is the growing number of overweight and obese people worldwide.
However, hypertension drug side effects and an increasing number of hypertension drug recalls may limit the hypertension drugs market growth.
Additionally, the COVID-19 pandemic has had a substantial impact on the hypertension drugs market growth. This was due to lockdown impositions imposed to prevent the spread of COVID-19 infection, which resulted in a halt in production, processing, supply, distribution, import, export, and other hypertension medications market-related activities. Patients with hypertension were not prioritized, resulting in fewer doctor visits and prescriptions for hypertension medications. Nonetheless, the hypertension drugs market is in a recovery phase as a result of the resumption of activities across all sectors, including healthcare and pharmaceutical, as well as the rise in the number of overweight and obese individuals post-pandemic, providing ample opportunities for hypertension drugs to grow at a significant revenue during the forecast period.
Get a sneak peek at the hypertension drugs market dynamics @ Hypertension Drugs Market Dynamics Analysis
Report Metrics | Details |
Coverage | Global |
Study Period | 2020–2028 |
Base Year | 2022 |
Hypertension Drugs Market CAGR | ~3% |
Key Hypertension Drugs Companies | Pharmanovia, Boehringer Ingelheim Ltd., DAIICHI SANKYO COMPANY, LIMITED, Lupin, Novartis AG, Merck & Co., Inc., Pfizer Inc., Sanofi, Noden Pharma DAC, Bayer, Zydus Cadila, Alembic Pharmaceuticals Limited, Astellas Pharma Inc., Dr. Reddy’s Laboratories Ltd., Hanmi Pharm. Co., Ltd., Mankind Pharma, GLENMARK PHARMACEUTICALS LTD., Ajanta Pharma, among others |
Hypertension Drugs Market Assessment
- Hypertension Drugs Market Segmentation
- Hypertension Drugs Market Segmentation By Pharmacological Class: Beta-Blockers, Diuretics, Angiotensin-Converting Enzyme (ACE) Inhibitors, Angiotensin Ii Receptor Antagonists, Renin Inhibitors, and Others
- Hypertension Drugs Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World
- Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View
Which MedTech key players in the hypertension drugs market are set to emerge as the trendsetter explore @ Hypertension Drugs Companies
Table of Contents
1 | Report Introduction |
2 | Executive summary |
3 | Regulatory and Patent Analysis |
4 | Key Factors Analysis |
5 | Porter’s Five Forces Analysis |
6 | COVID-19 Impact Analysis on Hypertension Drugs Market |
7 | Hypertension Drugs Market Layout |
8 | Global Company Share Analysis – Key 3-5 Companies |
9 | Hypertension Drugs Market Company and Product Profiles |
10 | Project Approach |
11 | About DelveInsight |
Interested in knowing the hypertension drugs market by 2028? Click to get a snapshot of the Hypertension Drugs Market Trends
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