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by ankushraoaniket · June 20, 2019
The global cardiovascular drugs market was valued at approximately US$ 80.0 Bn in 2016 is projected to register cumulative annual growth rate (CAGR) of over 1.0% from 2017 to 2025, according to a new report published by Transparency Market Research (TMR) titled ardiovascular Drugs Market 鈥?Global Industry Analysis, Size, Share Keanu Neal Womens Jersey , Growth, Trends, and Forecast, 2017鈥?025鈥? The report suggests that surge in incidences of hypertension and hyperlipidemia is likely to spur the demand of cardiovascular drugs in the coming years (2017 to 2025). As key players introduce their new cardiovascular drugs in developed markets such a North America and Western Europe, these regions are likely to account for dominating share of the global cardiovascular drugs market. Changing dietary habits and sedentary lifestyle trends in emerging markets such as China and India is likely to boost growth of Asia Pacific cardiovascular drugs market at a CAGR of around 2.0% from 2017 to 2025.
Read Report Overview:
Pricing Constraints and Availability of Generics to Restrain Global Market Expansion
Cardiovascular diseases (CVD ) are the leading cause of deaths across the globe. According to World Health Organization report Takkarist McKinley Womens Jersey , more than 17.7 million individuals died of CVDs in 2015, and CVDs accounted for 31% of total deaths in 2013. Cardiovascular diseases are one of the leading cause for healthcare burden in developed as well as developing countries. Sedentary lifestyle, lack of exercise and changing dietary habits in developed and emerging markets is leading to cardiovascular diseases such as hypertension and hyperlipidemia which in turn is likely to fuel uptake of cardiovascular drugs. Many of the block buster cardiovascular drugs have lost their patent exclusivity in recent years and many are about to go off patent in near future. This factor has attracted many small and mid-size industry players to offer their generic drugs, which in turn has attributed for devaluation of the market, there by restraining growth of global cardiovascular drugs market.
Renin-Angiotensin System Blockers to Lose Market Share
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