Cardiovascular Drugs Market Emerging Trend, Top Companies, Company Demand, Business Review and Regional Analysis by 2028

 

Cardiovascular Drugs

The main cause of death in the globe is cardiovascular disease. According to the American Heart Association, about 41.5% of Americans were assessed to have some type of cardiovascular disease in 2015; it is predicted that this prevalence will likely rise to 45% by 2035. The number of patients with cardiovascular illnesses is projected to rise as a result of an active lifestyle, changing food habits, and an increase in risk factors. High blood pressure, high cholesterol, and smoking are major risk factors for heart disease, according to the Centers for Disease Control and Prevention (CDC) of the United States.

These three risk factors are present in 47% of Americans, who make up the majority of the population. Major players are investing in the development of new pharmaceuticals that have lower side effects and higher efficacy to treat ailments. By 2025, the worldwide Cardiovascular Drugs Market is expected to grow as a result of the launch of PCSK9 inhibitors (Praluent) for the treatment of hyperlipidemia. The recent expiration of the patent exclusivity of popular cardiovascular treatments has, however, given rise to a large number of generic medications, which is anticipated to hurt the market for cardiovascular medications worldwide.

The global Cardiovascular Drugs Market has many unmet requirements, which presents both established businesses and new entrants with tremendous prospects. For businesses in the global market for cardiovascular medications, biologics provide a wealth of options. Recent advancements in biologic cardiovascular therapies, including Merck's CETP inhibitor anacetrapib and Pfizer's PCSK9 inhibitor, as well as Esperion Therapeutics' new LDL-lowering therapy ETC-1002 and Pfizer's PCSK9 inhibitor, reveal the potential of these medications.

Blockbuster pharmaceuticals are losing their patent protection, which has sparked a tendency for local and foreign businesses to put generics into the Cardiovascular Drugs Market. For instance, the Astrazeneca drug Crestor, which is used to treat hyperlipidemia, lost its patent in the first quarter of 2016 and Watson Pharmaceuticals Inc. was given approval to market the first generic version of the medication in April 2016.

Top Manufacturers involved are- Pfizer Inc., Bayer AG., Novartis AG., Merck and Co. Inc., AstraZeneca Plc, Bristol Myers Squibb Company, Abbott Laboratories, Sun Pharma Industries, Gilead Sciences Inc., Otsuka Holdings Co., Ltd. Takeda Pharmaceutical Company Ltd, Eli Lilly and Company, and Johnson & Johnson.

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