Discover a detailed exploration of the Hypertension Market by Data Bridge Market Research, thoughtfully presented with visual finesse to ensure seamless data absorption. Crucial insights are illuminated through vivid graphs, charts, and figures, empowering astute decision-making.
This Hypertension report provides a detailed overview on the industry including both qualitative and quantitative information. It provides an overview based on devices and end user. The Hypertension report analyzes the factors affecting the market from both demand and supply side and further evaluates market dynamic effecting the market during the forecast period i.e drivers, restraints, opportunities and future trend. The Hypertension report also provides exhaustive PEST Analysis for all regions names North America, South America, Asia and Pacific region, Middle east and Africa and other vital region across the globe.
The Hypertension report also includes the profiles of key patient monitoring manufacturing companies along with their SWOT analysis and market strategies. In addition, the Hypertension report focuses on leading industry players with information such as company profiles, products and services offered, financial information, key development in past five year. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Data Bridge Market Research analyses that the hypertension market which was USD 31.76 billion in 2022, is expected to reach USD 43.18 billion by 2030, and is expected to undergo a CAGR of 4.00% during the forecast period of 2023 to 2030.
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Market Growth Drivers:
- Increase in Cardiovascular Diseases
According to the WHO, about 60% - 85% of the population have adopted a sedentary life. According to CDC, nearly 31 million adults aged over 50 years live a sedentary life, and only 1 out of 4 U.S. adults meet the appropriate need for physical activity. This boost the market growth.
- Rising FDA Approvals
The persistent product approvals are projected to boost market growth. For instance, in May 2022, Zydus Lifesciences Limited's subsidiary received tentative approval from the U.S. FDA to market Selexipag tablets which are used to treat pulmonary arterial hypertension (PAH) in adults. In February 2022, the FDA approved the Norliqva (amlodipine) oral solution to treat hypertension in adults and children six years or older to lower blood pressure and coronary artery disease.
- Rising Prevalence of Hypertension
As per the American College of Cardiology, older adults are mostly undertreated for high blood pressure, despite having the maximum incidence of hypertension and the highest risk of CV morbidity and mortality (B.P.). According to the National Health and Nutrition Examination Survey (NHANES) records in the U.S., hypertension affects 70% of persons over 65. As our population ages, this figure will continue to rise. This will create more opportunities for market growth as the demand for blockers increases.
Notably, the report emphasizes the engagement of essential entities, including:
- Hoffmann-La Roche Ltd (Switzerland), Fresenius Kabi AG (Germany), Bayer AG (Germany), Sun Pharmaceutical Industries Ltd. (India), Novartis AG (Switzerland), Mylan N.V. (U.S.), Teva Pharmaceutical Industries Ltd. (Israel), Zydus Group (India), Pfizer Inc. (U.S.), Lupin (India), GSK Plc (U.K.), Glenmark Pharmaceuticals Inc. (India), Wockhardt (India)
Report Highlights: Unveiling Market Dynamics
- Global and Regional Market Share Assessment
- The report meticulously evaluates market shares on both regional and global scales.
- Parent Market Overview and Growth Potential Exploration
- Delve into a comprehensive overview of the parent market and identify niche segments or regions with promising growth prospects.
- In-Depth Analysis of Order Management Software Market Trends
- An extensive study presents a profound analysis of the global order management software market, unravelling both current and future trends for insights into potential investment opportunities.
- Evolution of Industry Dynamics
- Explore the dynamic shifts within the industry and understand the forces driving change in the market.
- Strategic Insights into Key Players and Offerings
- Uncover the strategies employed by key industry players and gain insights into their product offerings.
- Historical and Projected Market Size Assessment
- The report presents a thorough examination of historical and current market sizes while providing projections for future trends.
- Strategic Profiling and Market Position Analysis
- Strategically profile key players, conducting a comprehensive analysis of their market position, ranking, and core competencies.
Key Market Segmentation
By Type (Primary Hypertension, Secondary Hypertension, Others), Measurement Categories (Normal Blood Pressure, Elevated Blood Pressure, Stage 1 Hypertension, Stage 2 Hypertension, Others), Treatment (Medication, Additional Therapy, Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy)
Intended Audience:
- Companies within the Hypertension industry
- Investors and analysts keen on the Hypertension market
- Individuals seeking insights into the dynamics of the Hypertension market
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