Market Data Forecast has announced the addition of the “Cardiovascular Therapeutic Drugs Market by disease (Cardiac arrhythmias, Myocardial infarction, acute coronary syndrome, Arteriosclerosis, hypertension, Peripheral artery disease, hyperlipidaemia, thrombosis, cardiac failure diseases and Coronary artery disease, other cardiovascular diseases), by drug class (monotherapies and combination) and by Region – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2018 – 2023)" report to their offering.
The Cardiovascular Therapeutic Drugs Market is currently worth USD 132.44 billion in 2018 and is projected to reach USD 147.66 billion by 2023 growing at a CAGR of 2.2%. Cardiovascular therapeutic drugs refer to the prescribed medicines which are used for diseases in order to improve the performance and structure of the heart and blood vessels.
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The Global Cardiovascular Therapeutic Drugs Market is predominantly driven by factors such as increasing elderly population across the globe coupled with rise in the count of cardiovascular issues are attributing the market growth. Other prominent factors attributing to the growth of the market are an increase of contagious medical problems such as diabetes and obesity among individuals and huge sum of cash exhausted on medical issues across the globe. However, increase in the development of cost of drug and shrinking target population are impeding the market growth.
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The fragmentation of Global Cardiovascular Therapeutic Drugs Market is done on the basis of type of disease and drug class. Under the classification of drug class, the Cardiovascular Therapeutic Drugs Market is categorized as monotherapies and combination drug classes.
On the origin of diseases, the Cardiovascular Therapeutic Drugs Market is analyzed as hyperlipidaemia, hypertension, acute coronary syndrome, cardiac failure diseases, Coronary artery disease, Cardiac arrhythmias, Peripheral artery disease, thrombosis, Arteriosclerosis, Myocardial infarction, and other cardiovascular diseases.
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Regional Overview
On the basis of the geographical analysis, the worldwide Cardiovascular Therapeutic Drugs Market is classified into varied regions namely, Europe, Middle East and Africa, Latin America, and Asia-Pacific, North America. In 2016, North America drove the worldwide Cardiovascular Therapeutic Drugs market as far as piece of the overall industry followed by Europe.
Some of the major share holders of global Cardiovascular Therapeutic Drugs Market include Pfizer, Johnson & Johnson, AstraZeneca, boehringer ingelheim, Bristol-Myers Squibb (BMS), Takeda, Novartis, Bayer, Sanofi, and Merck.
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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