Cardiovascular drugs market covers the drugs used to treat conditions that affect the heart or blood vessels. These conditions include heart stroke, coronary artery diseases, valvular diseases, peripheral venous diseases, pericarditis, endocarditis, cardiac tumors, arteriosclerosis, and lymphatic diseases.
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The global cardiovascular drugs market has shown negative growth in the past years with a CAGR of around -1%. The year 2013 recorded highest ever market value in the 2013-2017 period, and has fluctuated ever since, as per TBRC’s in-house consultants.
TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the cardiovascular drugs market to grow at a higher and positive CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
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Anti-hypertensive drugs was the largest segment in the cardiovascular drugs market, worth around $42 billion. This segment includes drugs such as thiazide diuretics, beta blockers, angiotensin-converting enzyme (ace) inhibitors, calcium channel blockers, and renin inhibitors which are used to treat hypertension. Changes in lifestyle such as increased tobacco consumption, alcohol consumption, sedentary life, imbalanced diet, and stress contribute to the increasing prevalence of hypertension.
TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.
Companies included in the report are Merck & Co., Sanofi S.A, Pfizer Inc., Bristol-Myers Squibb Company, and Novartis AG.
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