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Calcium Channel Blocker Market Size, Share Analysis, Growth, Trends And Forecast 2023-2032
Calcium Channel Blocker Market Report
The Business Research Company's Calcium Channel Blocker Global Market Report 2023 identifies increasing prevalence rate of cardiovascular diseases as the major driver for the calcium channel blockers market's growth in the forecast period. Cardiovascular disease refers to a type of condition that affects the heart or blood vessels. Calcium channel blockers (CCBs) are used to lower the risk of heart failure and stroke. Hence, the increasing prevalence rate of cardiovascular diseases will result in a rise in demand for the calcium channel blockers.
The global calcium channel blocker market size is expected to grow from $13.75 billion in 2022 to $14.66 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global calcium channel blocker market size is expected to grow to $18.60 billion in 2027 at a CAGR of 6.1%.
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Major competitors in the calcium channel blockers market are Pfizer Inc., GSK Plc., Novartis AG, Bausch Health Companies Inc., Lupin Pharmaceuticals Inc.
A key trend in the calcium channel blockers market includes product innovation. Major companies operating in the calcium channel blockers market are focusing on developing innovative products to sustain their market position. For instance, in June 2022, CMP Pharma, a US-based pharmaceutical manufacturing company, launched Norliqva, the first and only oral liquid solution of the besylate salt of amlodipine, a long-acting calcium channel blocker. The unique feature of Norliqva is that it is an amlodipine liquid solution used to treat hypertension in people 6 years of age and older. Norliqva prevents the difficulties and irregularities of crushing or synthesizing amlodipine tablets and guarantees uniform dosing and bioequivalence. Norliqva is meant for a subset of patients who require amlodipine but have swallowing issues or are unable to swallow.
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The calcium channel blockers market is segmented -
•By Drug Class: Dihydropyridine, Benzothizepine, Phenylalkylamine, Other Drug Classes
•By Disease Indications: Hypertension, Chest Pain, Arrhythmias
•By Route Of Administration: Oral, Parenteral, Other Route Of Administration
•By End User: Hospitals, Homecare, Specialty Clinics, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the calcium channel blockers market.
The Business Research Company's "Global Calcium Channel Blocker Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Calcium Channel Blocker Market Include:
1. Executive Summary
2. Calcium Channel Blocker Market Characteristics
3. Calcium Channel Blocker Market Trends And Strategies
4. Calcium Channel Blocker Market - Macro Economic Scenario
5. Calcium Channel Blocker Market Size And Growth
……
26. Africa Calcium Channel Blocker Market
27. Calcium Channel Blocker Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Calcium Channel Blocker Market
29. Calcium Channel Blocker Market Future Outlook and Potential Analysis
30. Appendix
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