Congestive Heart Failure Drugs Market Witnesses Significant Growth Due to Increase in Number of Individuals Diagnosed With Congestive Heart Failure

The pharmaceutical industry has had a remarkable rise in sales of congestive heart failure drugs over the last five years. Products in the congestive heart failure drugs market include beta blockers (carvedilol, metoprolol, bisoprilol), ACE inhibitors (lisinopril, captopril), angiotensin receptor blockers (losartan), combination medicines (Entresto, or sacubitril/valsartan), aldosterone antagonist (spironolactone, eplerenone), and digoxin (Lanoxin).

There has been a parallel increase in the number of individuals diagnosed with congestive heart failure. According to the study, ‘Global epidemiology and future trends of heart failure’, published in AME Medical Journal in June 2020, heart failure poses the largest burden after 60 years of age and both prevalence and YLDs have increased by 3.9% and 4.5% in very elderly people during the last 28 years. Such scenario is expected to aid in growth of the congestive heart failure drugs market.

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High prevalence of heart failure has also led to various clinical trials focusing on R&D of congestive heart failure drugs. For instance, in November 2020, a clinical trial by Brigham and Women's Hospital and sponsored by Lexicon Pharmaceuticals, a biopharmaceutical company based in the U.S., reported that sotagliflozin, a combination sodium/glucose cotransporter 1 and 2 (SGLT1/2) inhibitor, resulted in a lower risk of the composite of deaths from cardiovascular causes, hospitalizations for heart failure, and urgent visits for heart failure than placebo. Such R&D is also expected to aid in growth of the congestive heart failure drugs market.

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As more people are diagnosed with growth of the congestive heart failure every year, it is inevitable that the the congestive heart failure drugs market will witness significant growth. As the percentage of the working age population increases from youth to old age, there will be increasing demand for drugs designed to treat and prevent the common diseases associated with this segment of the population. As such, many of the existing products already in the market will no longer be available to new generation patients.

To accommodate this, innovative drugs will have to be developed that can address the needs of this older group. As this segment of the market is highly profitable, many large corporations are racing to be the first to produce and market such a product. With the right ingredients and a simple design, these drugs can provide significant improvement for this segment of the population.

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