Press release
Congestive Heart Failure Drugs Market To Reflect Huge Growth By 2026 by Global Top Players - Pfizer Inc., Amgen Inc, Novartis AG, Astra Zeneca Plc., Bayer AG, Gilead Sciences Inc, Glaxo Smith Kline, and Teva Pharmaceutical Industries Ltd.
Global Congestive Heart Failure Drugs Market
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Congestive Heart Failure Drugs Market Drivers:-
Major driver for the growth of the congestive heart failure drugs market is the robust pipeline of drugs under development. For instance, furosemide injection solution (SCP-101) sponsored by Johns Hopkins University in collaboration with Scpharmaceuticals Inc. was in phase 2 clinical trials in 2015, this injection is indicated for the treatment of heart failure. Furosemide and Azosemide sponsored by Hyogo College of Medicine have completed phase 4 clinical trials in 2016, these drugs are used to treat congestive heart failure. Tolvaptan sponsored by Otsuka Pharmaceuticals Co., Ltd was in phase 3 clinical trials in 2016, this drug is indicated for the treatment of heart failure in children.
Approval of new drugs from the Food and Drug Administration (FDA) is also expected to fuel the growth of the congestive heart failure drugs market. In 2016, FDA approved Byvalson by Allergan an Ireland-based company, this drug is used for the treatment of hypertension. In 2015, FDA approved Corlanor (ivabradine) by Amgen Inc. a U.S.-based company, this drug treats chronic heart failure. Furthermore, increasing number of geriatric population, unhealthy lifestyle and increasing awareness regarding the treatment of chronic disorders are driving the congestive heart failure drugs market growth.
Congestive Heart Failure Drugs Market Key Players:-
Key players operating in congestive heart failure drugs market include Amgen Inc, Novartis AG, Astra Zeneca Plc., Bayer AG, Gilead Sciences Inc, Glaxo Smith Kline, Pfizer Inc., and Teva Pharmaceutical Industries Ltd.
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Congestive Heart Failure Drugs Market Taxonomy:-
By Drug:-
ACE Inhibitors
Angiotensin 2 Receptor Blockers
Beta Blockers
Diuretics
Aldosterone antagonists
Inotropes
Others
By Distribution Channel:-
Hospitals
Retail Pharmacies
Online Pharmacies
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