Germany prazosin market is estimated to decline at a CAGR of around -2.6% during the forecast period. However, the presence of a quality healthcare system and favorable government policies in the country is somehow driving the market in the region. As per the Institute for Health Metrics and Evaluation, around 192,000 cases of strokes were registered in the country in 2017 with a slight increment from 2014. Ischemic stroke is the leading stroke among all others in the country. The use of prazosin in PTSD cure is also considerable in Germany. In 2019, a study was conducted to determine PTSD and depression rates among paramedics. The PTSD rate among emergency medical service staff is considered to be higher than those in the general population. Around 2,731 paramedics and emergency physicians participated in the survey. The survey concluded that 5.4% of respondents had a positive PTSD screening result. In particular, older employees were significantly more likely to test positive for PTSD, the rate is 12.2% of those over 50 years, compared to 2.8% of those under 30 years.
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Germany prazosin market is segmented on the basis of application. Based on the application, the market is segmented into cardiovascular disease, neurological syndromes, prostate disorders, and kidney disorders. The CVD segment accounted for a significant share in the Germany prazosin market. CVDs claim to take more lives each year than all forms of cancer and chronic lower respiratory diseases altogether. Thus, Prazosin is one of the treatments used for CVD mainly high BP and strokes. For instance, Minipress is specified for the treatment of hypertension, to control BP. Lowering blood pressure decreases the risk of fatal and nonfatal cardiovascular events, mainly strokes and myocardial infarctions.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Germany Prazosin Market by Application
- Cardiovascular Disease(CVD)
- Neurological Syndromes
- Prostate Disorders
- Kidney Disorders
Company Profiles
- Apotex Inc.
- Axon Medchem LLC
- Cayman Chemical Co.
- Merck KGaA
- Pfizer Inc.
- R&D Systems Inc.
- Renata Ltd.
- Mylan N.V.
- Sun Pharmaceuticals Industries Ltd.
- Teva Pharmaceuticals Industries Ltd.
The Report Covers
- Comprehensive research methodology of the Germany prazosin market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Germany prazosin market.
- Insights about market determinants which are stimulating the Germany prazosin market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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