Aldosteronism Treatment Market Drivers and Restraints | 2018 - 2028 Key Players are Pfizer Inc., Allergan plc., GE Healthcare
Aldosteronism Treatment Market: Drivers and Restraints
The increasing prevalence of primary aldosteronism due to sedentary lifestyle is the primary factor propelling the expansion of global aldosteronism treatment market. Besides this, the growing old population is the major driver for the aldosteronism treatment market growth. The rising prevalence of hypertension (high blood pressure) due to hectic and stressful lifestyle is also expected to create a high demand for aldosteronism treatment market. The growing efforts of research institutes & increasing number of research and development for developing new therapeutic drugs by many leading players in aldosteronism treatment market is expected to fuel the expansion of aldosteronism treatment market. As per the study published in 2016 by International Journal of Endocrinology & Metabolism the aldosteronism was projected to increase by 5% in recent years. The low cost of therapeutic drugs and aldosteronism diagnostic test is also expected to increase the demand for aldosteronism treatment market. However, the risk associated with surgical aldosteronism treatment such as excessive bleeding and side effects of the surgical procedure is expected to restrain the growth of aldosteronism treatment market during the forecast period.
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Aldosteronism Treatment Market: Segmentation
Tentatively, the global Aldosteronism Treatment Market has been segmented on the basis of treatment type, end user, and geography. Based on treatment type, global Aldosteronism Treatment Market is divided into following: Surgical aldosteronism treatment, Endocrine surgery, Adrenalectomy, Non-Surgical aldosteronism treatment, Palliative care, Drugs, Mineralocorticoid receptor antagonists, Calcium-channel blockers, Potassium sparring diuretics; Based on end users, global Aldosteronism Treatment Market is divided into following: Hospitals, Ambulatory Surgical Centers, Others.
Aldosteronism Treatment Market: Overview
The global aldosteronism treatment market is expected to witness significant growth over the forecast period owing to the increasing adoption of the treatment by the end users. The technological advancement further aided in increasing adoption rate of therapeutic drugs, as diagnosis of the aldosteronism due to CT scans, PET imaging technique provided the medical professional in brief about the disease situation. On the basis of treatment type, the non-surgical aldosteronism treatment segment is projected to register maximum market share in the terms of revenue over the forecast period owing to the better patient outcomes and availability of specific drugs according to the disease indications in the aldosteronism treatment market. The ambulatory surgical centers' segment in end users is expected to grow with the fastest CAGR in the aldosteronism treatment market owing to the increasing number of outpatient centers.
Aldosteronism Treatment Market: Regional Wise Outlook
Geographically, global aldosteronism treatment market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). North America is expected to be the leader in global aldosteronism treatment market owing to the high prevalence of hypertension in the region and higher expenditure of healthcare. Europe aldosteronism treatment market is projected to account for the second largest share in the aldosteronism treatment market over the forecast period due to higher spending on healthcare and greater adoption by the end users in the region. Asia-Pacific excluding Japan market for aldosteronism treatment is expected to grow with fast CAGR over the forecast period owing to the rising presence of manufacturers and increasing adoption by the patients.
Aldosteronism Treatment Market: Key Players
Some of the major players identified in the global aldosteronism treatment market are Pfizer Inc., Allergan plc., GE Healthcare, Novartis AG, Teva Pharmaceutical Industries Ltd., Accord Healthcare and Sun Pharmaceutical Industries Ltd, amongst others.
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