Press release
Europe Diltiazem Market to Grow Significantly at a CAGR of 11.8% by 2028 | Hikma Pharmaceuticals PLC, Zydus Cadila, Glenmark
The Europe Diltiazem Market is expected to reach US$ 207.38 million by 2028 from US$ 95.08 million in 2021; it is estimated to grow at a CAGR of 11.8% from 2021 to 2028.Diltiazem is a benzothiazepine derivative that acts as an antihypertensive and vasodilator. Diltiazem is an antihypertensive and vasodilator that lowers blood pressure by relaxing the vascular muscle. This is due to the long-term therapeutic effects of decreasing blood pressure since it lowers the risk of fatal and non-fatal cardiovascular events, such as strokes and myocardial infarction. According to in vitro binding experiments, diltiazem is 70%-80% bound to plasma proteins. At clinically relevant concentrations, around 40% of the medication is thought to attach to alpha-1-glycoprotein, whereas about 30% of the drug is thought to bind to albumin.
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Rise in government initiatives for promotion, increase in the prevalence of cardiovascular diseases, and rise in the elderly population with heart diseases worldwide are expected to boost the market growth over the years. However, side effects of diltiazem on consumption are likely to negatively impact the growth of the market in the coming years.
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Major Key players covered in this report:
• Bausch Health Companies Inc.
• Teva Pharmaceutical Industries Ltd
• MYLAN N.V.
• Pfizer Inc.
• Sandoz (Novartis AG)
• Sun Pharmaceutical Industries Ltd
• Hikma Pharmaceuticals PLC
• Zydus Cadila
• Glenmark
EUROPE DILTIAZEM MARKET SEGMENTATION
Europe Diltiazem Market, by Product Type
• Tablet
• Capsules
• Injection
Europe Diltiazem Market, by Application
• Hypertension
• Angina
• Others
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Reasons to buy the report
1. Determine prospective investment areas based on a detailed trend analysis of Europe diltiazem market over the next years.
2. Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
3. Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
4. Identify the major channels driving the Europe diltiazem market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
5. Channelize resources by focusing on the ongoing programs undertaken by the different countries within the Europe diltiazem market.
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