In High Blood Pressure Treatment Market report, a systematic investment analysis has been performed which forecasts impending opportunities for the market players. The statistical and numerical data that has been included in this market report is represented with the tables, graphs and charts which eases the understanding of facts and figures. A proficient data and excellent forecasting techniques used in this report are synonymous with accurateness and correctness. High Blood Pressure Treatment Market report is a painstaking analysis of existing scenario of the market which covers several market dynamics. The market study of this global High Blood Pressure Treatment Market business report takes into consideration market attractiveness analysis where each segment is benchmarked based on its market size, growth rate & general attractiveness.
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Global high blood pressure treatment market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. The increased market growth can be identified by increasing number of hypertension patients.
Few of the major competitors currently working in global high blood pressure treatment market are: AstraZeneca, Boehringer Ingelheim International GmbH, DAIICHI SANKYO COMPANY, LIMITED, Johnson & Johnson Services, Inc, Lupin Pharmaceuticals, Inc., Merck & Co., Inc, Novartis AG, Pfizer Inc, Sun Pharmaceutical Industries Ltd, Sanofi, GlaxoSmithKline plc, Actelion Pharmaceuticals Ltd, United Therapeutics Corporation, Gilead Sciences, Inc, Bayer AG, F. Hoffmann-La Roche Ltd, Abbott, Takeda Pharmaceutical Company Limited, Bausch Health and Eli Lilly and Company among others.
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Market Definition: Global High Blood Pressure Treatment Market
High blood pressure is a condition in which blood pressure against the artery walls is high. This can lead risk of heart disease. As per the American Heart Association News in 2018, around 103 million U.S adults suffered from high blood pressure. For the treatment of blood pressure many drugs are available in the market such as vasotec (enalapril), capoten (captopril), zestril and prinivil (lisinopril), accupril (quinapril) and aceon (perindopril) among others.
Segmentation: Global High Blood Pressure Treatment Market
High Blood Pressure Treatment Market : By Type
- Systemic hypertension drugs
- Pulmonary hypertension drugs
High Blood Pressure Treatment Market : By Drug Type
- Angiotensin Converting Enzyme (ACE) Inhibitor
- Angiotensin II Receptor Blockers
High Blood Pressure Treatment Market : By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Drug Stores
- Online Pharmacies
High Blood Pressure Treatment Market : By Geography
- North America
- South America
- Middle East & Africa
Key Developments in the High Blood Pressure Treatment Market:
- In June, 2017, Johnson & Johnson acquired Actelion. This acquisition completed by Johnson & Johnson’s subsidiary. By this acquisition the company has enhanced their business presence and the company will also transform the lives through finding a better way to prevent and to cure such diseases
- In February, 2016, AstraZeneca entered into licensing agreement with China Medical System Holdings Ltd (CMS) hypertension medicine and the commercialization rights in China for calcium channel blocker, Plendil (felodipine), used in the treatment of hypertension or high blood pressure. With this agreement the company has increased their business in China
High Blood Pressure Treatment Market Drivers
- Increasing incidence of blood pressure patients is driving the market growth
- Rising geriatric population will also propel the growth of the market in the forecast period
- Growing awareness about the hypertension boost the market growth for a long run
- Rising initiatives by government and private organizations is fueling the growth of the market
High Blood Pressure Treatment Market Restraints
- Side effects of drugs will restrain the growth of the market
- Stringent regulatory procedure for drug approval is also hindering the market in the forecast period
- High cost of medicine and other health care services may restraint the market growth
Opportunities in the High Blood Pressure Treatment Market Report :
- Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
- Comprehensive analysis of the factors that drive and restrict the market growth is provided in the High Blood Pressure Treatment Market report.
- Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across regional.
- Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.
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