Press release
Prazosin Market Share, Trends, Size, Research and Forecast 2020-2026
The global prazosin market is estimated to exhibit a negative CAGR of around 2% during the forecast period. Though the rise in CVDs due to high BP, increasing patient pool, and increasing awareness toward mental care are some of the positive factors for the growth of the market. However, due to the presence of alternative drugs, discontinuation of prazosin manufacturing by companies in the last decade, unfavorable reimbursement policies for the branded drug in medical insurance, and side effects associated with the drugs, the market is expected to show a negative growth rate during the forecast period.The global prazosin market is segmented on the basis of its application into cardiovascular disease, neurological syndromes, prostate disorders, and kidney disorders. It is majorly used for cardiovascular disease that is used to relieve hypertension/high BP due to which it will hold the largest market share.
A full report of Global Prazosin Market is available at: https://www.omrglobal.com/industry-reports/prazosin-market
Geographically, the study of the global prazosin market covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and the Rest of the World. North America is expected to hold the largest market share during the forecast period. The high cost of drugs, significant sale of branded drugs of Pfizer in the region is major factors for the largest market, globally. In October 2018, Novitium Pharma LLC received the US FDA approval for its Prazosin Hydrochloride Capsules USP which is also providing significant market share in the region.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/prazosin-market
The companies which are contributing to the growth of the global prazosin market include Pfizer Inc., Mylan N.V., Merk KGaA, Teva Pharmaceuticals Industries Ltd., Apotex Inc., and others. The market players are considerably contributing to the market growth by adopting various strategies including new product launch, merger, and acquisition to stay competitive in the market. In November 2019, Pfizer Inc., and Mylan NV announced to form a new company named Viatris by merging Mylan and Upjohn division of Pfizer. The deals were expected to be closed by mid of 2020, however, due to the COVID-19 pandemic, the deal is expected to close by the end of 2020.
Global Prazosin Market- Segmentation
By Application
• Cardiovascular Disease(CVD)
• Neurological Syndromes
• Prostate Disorders
• Kidney Disorders
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/prazosin-market
Global Prazosin Market– Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Ajinomoto Co., Inc.
• Apotex Inc.
• Axon Medchem LLC
• Cayman Chemical Co.
• Johnlee Pharmaceuticals Pvt. Ltd.
• Merck KGaA
• NovitiumPharma
• Pfizer Inc.
• R&D Systems Inc.
• Renata Ltd.
• Mylan N.V.
• Standard Chem and Pharmaceuticals Co. Ltd.
• Sun Pharmaceuticals Industries Ltd.
• Teva Pharmaceuticals Industries Ltd.
• TRC Inc.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
For More Information, Visit https://www.omrglobal.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Prazosin Market Share, Trends, Size, Research and Forecast 2020-2026 here
News-ID: 2111733 • Views: …
More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033.
Infrastructure as Code (IaC) Service Market Overview
The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market…

Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033.
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview
The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,…

Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033.
Property Management Service Market Overview
The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly…

5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033.
5G Chipset Market Overview
The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT…
More Releases for Prazosin
Insights into the Global Prazosin Hydrochloride Market
𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:
Welcome to our comprehensive blog on the Global Chamomile Extract Market. Chamomile, with its myriad of health benefits and soothing properties, has been a staple ingredient in herbal medicine and wellness products for centuries. In recent years, the demand for chamomile extract has surged significantly, driven by increasing consumer awareness regarding the health benefits of natural ingredients.
This blog aims to delve into the various facets of the global chamomile extract…
Insights into the Global Prazosin Hydrochloride Market: Exploring Trends and Opp …
𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:
Welcome to our comprehensive analysis of the global Prazosin Hydrochloride market, covering its size, share, and the impact of COVID-19 on various aspects. Prazosin Hydrochloride, with CAS number 19237-84-4, has emerged as a crucial compound in the pharmaceutical industry due to its diverse applications. This blog aims to delve deep into the market dynamics, including resin type, application, technology, end-use industry, and regional forecasts spanning the period of 2023 to…
Prazosin Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2030
The global prazosin market is estimated to exhibit a negative CAGR of around 2% during the forecast period. Though the rise in CVDs due to high BP, increasing patient pool, and increasing awareness toward mental care are some of the positive factors for the growth of the market. However, due to the presence of alternative drugs, discontinuation of prazosin manufacturing by companies in the last decade, unfavorable reimbursement policies for…
European Prazosin Market Growth, Analysis Report, Share, Trends and Overview 202 …
European prazosin market is estimated to decline during the forecast period. Additionally, according to the IHME (Institute for Health Metrics and Evaluation), in Western Europe, there was 3.92% share of the total population that was suffering from depression, 5.71% of the total population had an anxiety disorder and 0.94 % share of the population had bipolar disorder in 2017. Since one of the major applications of prazosin is for curing…
China Prazosin Market Trends, Future Outlook, COVID-19 Impact Analysis, Forecast …
China prazosin market is estimated to decline during the forecast period. China is among the emerging nations facing a burden of the continuous increase in high blood pressure. Lack of physical activity, obese population, alcohol consumption, and smoking are some of the major factors that lead to the increasing incidences of high blood pressure. The rising aging population may further increase the risk of hypertension in China. As per the…
US Prazosin Market Top Leading Players with Strategies and Forecast 2026
US prazosin market is estimated to decline during the forecast period. However, the country has a considerable share in the prazosin market due to the rise in the prevalence of the neurological disorder, heart disorders, kidney disorders, depressive disorders, and PTSD are some of the major factors that are making a considerable contribution to the growth of the prazosin market in the country. As per the US CDC (Centers for…