Press release
Antihypertensive Drugs Market Segments, Leading Player, Application and Forecast Analysis
Antihypertensive Drugs Market Outlook 2031• The global antihypertensive drugs market was valued at US$ 30.2 Bn in 2021
• The global market is projected to grow at a CAGR of 3.0% from 2022 to 2031
• The global antihypertensive drugs market is anticipated to reach more than US$ 40 Bn by the end of 2031
Analysts' Viewpoint on Antihypertensive Drugs Market Scenario
Increase in launch of new drugs and diagnostic agents; and key industry developments such as collaborations and establishment of new R&D centers are likely to propel the global antihypertensive drugs market. In 2017, Abbott Laboratories opened a new China R&D center to meet the evolving healthcare needs of local consumers in Shanghai. Daiichi Sankyo collaborated with the University of California San Francisco's Institute for Neurodegenerative Diseases for joint research and development of drugs and diagnostic agents for various neurodegenerative diseases. Rise in disposable income and launch of new disease-modifying therapies are projected to propel the global antihypertensive drugs market during the forecast period. Significant growth in telemedicine and e-Health apps is also likely to create long-term revenue opportunities for companies in the antihypertensive drugs market.
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Overview of Antihypertensive Drugs Market
Antihypertensive medications are used to treat high blood pressure. Different types of antihypertensive drugs are available in the market. These help lower blood pressure. Some remove excess fluid and salt from the body, while others help relax and widen blood vessels or slow the heart rate. A person could respond better and experience fewer side effects to one drug than to another. Some patients require more than one antihypertensive agent to lower blood pressure.
Hypertension is a preventable risk factor for atherosclerotic disease and ischemic heart disease. A number of patients maintain suboptimal blood pressure control despite the availability of modern and effective antihypertensive drugs. Most hypertensive patients require a combination of antihypertensive agents to achieve treatment goals. Under combination therapy, another class of blood pressure medication is added to the first drug to increase its effectiveness. The antihypertensive drugs market has reasonably high unmet demand, which indicates the lack of effective products. This presents significant opportunities for new entrants to capitalize on the unmet needs, largely due to poor patient compliance with products currently available in the market.
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Trends in antihypertensive medication in stroke survivors could provide important insights into gaps in secondary prevention that can guide improved interventions in the future. Healthcare companies are increasing R&D in the field of genomics and resistant hypertension treatment to gain a competitive edge over other market players.
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Launch of New Disease-modifying Therapies to Drive Global Antihypertensive Drugs Market
Innovative antihypertensive drugs and drug therapies are expected to offer favorable outcomes, as these effectively target disease progression. The current scenario in the global antihypertensive drugs market is expected to change due to the launch of new therapies for diseases such as angiotensin II receptor blockers (ARBs), angiotensin converting enzyme (ACE) inhibitors, and calcium channel blockers (CCB) during the forecast period.
Currently, physicians prescribe fewer diuretics and beta-blockers, common first-line agents for hypertension, and more ACE and CHF inhibitors. ACE inhibitors reduce mortality and morbidity in cardiovascular patients; however, this is not true for CCBs. If control is not available on beta-blockers, diuretics, or ACE inhibitors, short-acting CHFs should be avoided and alternatives should be considered. Unlike ACE inhibitors, ARBs do not cause cough. Therefore, launch of innovative drug/therapeutic molecules with disease-modifying properties and improved efficacy and safety is expected to drive the global antihypertensive drugs market in the next few years.
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