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Cardiovascular Drug Market To Reach USD 81020 Million By Year 2032

Cardiovascular Drug Market Size Was Valued at USD 57270 Million in 2023 and is Projected to Reach USD 81020 Million by 2032, Growing at a CAGR of 3.93% From 2024-2032.

22-05-2024
Swati Kalagate
Healthcare
Pristine Intelligence LLP

According to a new report published by Pristine Intelligence LLP, titled, “Cardiovascular Drug Market by Drug Type, Disease Indication, Route of Administration, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2024–2032,” the Global Cardiovascular Drug market size was valued at USD 57270 Million in 2023, and is projected to reach USD 81020 Million by 2032, registering a CAGR of 3.93% from 2024 to 2032. Cardiovascular medications are drugs utilized for the treatment of different cardiovascular issues like heart diseases, high blood pressure, arrhythmias, and congestive heart failure in order to regulate and alleviate the symptoms linked with these conditions.

Cardiovascular medications play a vital role in the treatment of heart conditions by controlling blood pressure, managing heart rhythm, lowering cholesterol levels, and avoiding blood clots. They assist in reducing symptoms such as chest pain, difficulty breathing, and swelling, leading to a better quality of life. Certain drugs decrease the likelihood of blood clots and stroke, whereas others inhibit cardiac remodelling and improve heart function, ultimately reducing mortality rates.

The sedentary habits and unhealthy diets of modern lifestyles have caused a worldwide rise in hypertension and high cholesterol levels. The elderly population is also experiencing an increase in cardiovascular conditions such as high blood pressure. Enhanced recognition and availability of healthcare services have led to a rise in diagnoses. Globalization and urbanization have altered eating habits and raised stress levels, leading to a greater need for cardiovascular medications.

Advancements in cardiovascular medicine have created difficulties when treating intricate issues such as high blood pressure, congestive heart failure, and severe abnormal levels of lipids in the blood. Customized advanced pharmaceuticals can fill these voids and enhance the effectiveness of treatment. Combination treatments have proven to be effective in certain cardiovascular conditions, decreasing the number of pills needed and improving overall efficacy. Progress in gene therapy, RNA-based treatments, and nanomedicine provide accurate and efficient cardiovascular drugs. There is a need for medications that can treat chronic illnesses in older adults and improve their overall well-being.

Global Cardiovascular Drug Market, Segmentation

The Cardiovascular Drug market is segmented based on Drug Type, Disease Indication, Route of Administration, Distribution Channel, and region.

Disease Indication:

High blood pressure is a common heart condition that needs continuous treatment because it is linked to multiple heart diseases. The strong need for cardiovascular medications is caused by the necessity for efficient control of high blood pressure to lower the chances of problems such as stroke, heart attack, and heart failure. The market provides a variety of treatment options for customizing treatment plans to meet the unique needs of each patient.

Distribution Channel:

Hospitals that specialize in heart conditions provide comprehensive care and medication supervision. Hospital pharmacies play a vital role in patient care by providing medications for cardiovascular emergencies, surgeries, and acute conditions. This adds to their control in the healthcare industry.

Hospital pharmacies improve treatment results by providing comprehensive support services including medication adherence, lifestyle modifications, and managing of diseases. Strict regulations ensure the authenticity and safety of drugs.

Region:

Heart diseases like high blood pressure, coronary artery disease, and heart failure are prevalent in North America and are the primary reason for mortality as per the American Heart Association. The area boasts a firmly established healthcare system equipped with cutting-edge technology and expert medical staff, ensuring easy access to cardiovascular treatment. The use of advanced medications has significantly enhanced patient results and the need for cardiovascular medications has increased. An anticipated rise in cardiovascular disease cases is projected due to the aging population. Awareness initiatives and educational programs have also played a role in educating people about the risk factors and ways to prevent cardiovascular diseases.

Some of The Active Market Players Are-

    • Merck & Co., Inc. (USA)
    • Novartis AG (Switzerland)
    • Bristol Myers Squibb (USA)
    • Astellas Pharma Inc. (Japan)
    • Otsuka Holdings Co., Ltd. (Japan)
    • Amgen Inc (USA)
    • Daiichi Sankyo Company, Limited (Japan)
    • Bayer AG (Germany)
    • Boehringer Ingelheim International GmbH (Germany)
    • Hoffmann-La Roche Ltd (Switzerland)
    • Gilead Sciences Inc (USA)
    • Johnson & Johnson (USA)
    • Lupin (India)
    • Takeda Pharmaceutical Company Limited (Japan)
    • Pfizer Inc. (USA), and Other Active Players.

Key Industry Developments

    • January 2024: Novartis India launched two new innovative medicines. The first one is addressing an unmet need in the cardiovascular disease area. The second one is Asciminib (Kyzific in India), the first chronic myeloid leukaemia (CML) treatment.
    • June 2023: The Tamil Nadu government launched a scheme to provide cardiac drugs. Under the scheme, the government will make life-saving cardiac drugs available at 8,713 health sub-centers (HSCs) and 2,200 primary health centers (PHCs), and urban primary health centers (UPHCs) across Tamil Nadu.

Key Findings of the Study 

    • Sedentary habits, poor diet choices, and processed food consumption lead to increased hypertension and high cholesterol levels globally.   
    • Multiple drug combinations in cardiovascular disorders yield positive results. Efficient medication mixtures can improve treatment outcomes and reduce pill intake.
    • Hypertension is a major risk factor for various cardiovascular diseases, such as stroke, heart attack, and heart failure.
    • Advanced drug formulations, delivery systems, and combinations enhance treatment outcomes, increasing demand for cardiovascular drugs in North America.
Pristine Intelligence LLP

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