The global hypertension drug market is anticipated to grow at a significant CAGR during the forecast period. Hypertension is a common condition which occurred due to the long-term force of the blood against the artery walls. Additionally, it is marked by high blood pressure and can also cause health problems, such as heart disease. The major factor driving the demand for the global hypertension drug market during the forecast period is the increasing prevalence of hypertension across the globe.
According to the Center for Disease Control and Prevention, nearly half of adults or 47%, or 116 million have hypertension which is defined as a systolic blood pressure greater than 130 mmHg or diastolic blood pressure greater than 80 mmHg or are taking medication for hypertension in the US. Additionally, about 1 in 4 adults (24%) with hypertension have their condition under control and about half of the adults or 45% or 37 million with uncontrolled hypertension have a blood pressure of 140/90 mmHg or higher in the US. Furthermore, about 34 million adults are recommended to take medication and about two out of three of this group or 19 million have a blood pressure of 140/90 mmHg or higher. Hence, the increasing prevalence of hypertension is driving the demand for hypertension drugs which in turn is driving the growth of the market.
Some major players in the market include GlaxoSmithKline plc, Sanofi S.A., and Novartis International among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in December 2021, Dr Reddy’s Laboratories announced the launch of Valsartan tablets which is the therapeutic equivalent of Diovan in the US market, It is used for the treatment of high blood pressure and heart failure.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Drug Class
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- GlaxoSmithKline plc, Sanofi S.A., and Novartis International among others.
Hypertension Drug Market Report by Segment
By Drug Class
- Diuretics
- ACE Inhibitors
- Calcium Channel Blockers
- Vasodilators
- Beta-adrenergic Blockers
- Others
By Distribution Channel
- Retail Pharmacy
- Hospital Pharmacy
- E-commerce
A full Report of Hypertension Drug Market is Available @ https://www.omrglobal.com/industry-reports/hypertension-drug-market
Hypertension Drug Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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