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Anti-Hypertensive Drugs Market: What is the Projected CAGR for 2024-2033?

The market size for anti-hypertensive drugs has been increasing consistently over the recent years. The market is projected to enhance from $35.8 billion in 2023 to $36.7 billion in 2024, representing a compound annual growth rate (CAGR) of 2.5%. Elements such as environmental and lifestyle factors, previous market competition, traditional treatment choices, economic scenarios, and past global health trends have contributed significantly to the growth observed in the past period.

In the coming years, the market size for anti-hypertensive drugs is projected to experience consistent growth, reaching $40.28 billion in 2028 with a compound annual growth rate (CAGR) of 2.4%. Factors contributing to this growth during the forecasted period include affordability, the emergence of therapeutic innovations, changes in disease patterns, regulatory shifts and approvals, population aging, as well as alterations in healthcare policies and reimbursements. The forecast period will also witness significant trends such as innovative therapies, shifts in epidemiology, changes in the regulatory framework, policies in healthcare, and advancements in diagnosis and monitoring procedures.

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What Are the Primary Drivers Supporting the Growth of the anti-hypertensive drugs Market?

The lack of physical activity is a significant driver fuelling the increase in the anti-hypertensive drug market. Unhealthy eating habits, the lack of a nutritious and well-rounded diet, and insufficient sleep due to erratic work schedules have resulted in a rise in hypertension. Hypertension plays a pivotal role in about 45% of heart disease deaths and 51% of deaths from stroke. Once a patient is diagnosed with hypertension, they have to utilize medication to keep their hypertension in check, with the intensity of the treatment varying with the severity of the condition. According to data from the World Health Organization in June 2021 – a Swiss government agency overseeing global public health – cardiovascular diseases (CVDs) claim the highest number of lives each year, with an estimated 17.9 million deaths annually. This consistent requirement for the product acts as a driving force propelling market growth.

What Are the Core Segments of the Anti-Hypertensive Drugs Market?

1) By Therapeutics: Diuretics, Angiotensin Receptor Blockers (ARBs), Angiotensin Converting Enzyme (ACE) Inhibitors, Beta Blockers, Alpha Blockers, Calcium Channel Blockers, Renin Inhibitors, Vasodilators

2) By Disease Source: Primary Hypertension, Secondary Hypertension

3) By End Users: Hospitals, Clinics, Homecare

What Trends Are Paving the Way for Change in the Anti-Hypertensive Drugs Market?

Leading companies in the anti-hypertensive drugs market are concentrating on fresh product innovations, such as Metoprolol Succinate Extended-Release Tablets, in order to achieve competitive differentiation. These tablets are employed as anti-hypertensive medicines for treating hypertension patients. For example, Granules India Limited, a pharmaceutical manufacturing firm based in India, introduced Metoprolol Succinate Extended-Release Tablets in June 2023. These were approved by the Food and Drug Administration (FDA), a federal agency based in the US. The role of Metoprolol Succinate Extended-Release Tablets as an anti-hypertensive drug is to help manage hypertension by reducing blood pressure. Available in several strength levels such as 25mg, 50mg, 100mg, and 200mg, these tablets contain beta-blockers that decelerate the heart rate, lessen the heart’s workload, and decrease blood pressure.

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Which Regions Are Leading the Charge in Anti-Hypertensive Drugs Market Development?

North America was the largest region in the anti-hypertensive drugs market in 2023. The Middle East is expected to be the largest growing region in the global anti-hypertensive drugs market during the forecast period. The regions covered in the anti-hypertensive drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Anti-Hypertensive Drugs Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the anti-hypertensive drugs market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Anti-Hypertensive Drugs Market Include

1. Anti-Hypertensive Drugs Market Executive Summary

2. Anti-Hypertensive Drugs Market Segments

3. Anti-Hypertensive Drugs Market Size And Template Market Growth Rate

4. Key Anti-Hypertensive Drugs Market Trends

5. Major Anti-Hypertensive Drugs Market Drivers

……

25. Key Mergers And Acquisitions In The Anti-Hypertensive Drugs Market

26. Top Anti-Hypertensive Drugs Companies

27. Anti-Hypertensive Drugs Market Opportunities And Strategies

28. Anti-Hypertensive Drugs Market, Conclusions And Recommendations

29. Appendix

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