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RAS-acting Agents Market is expected to surpass the value of US$ 13.4 Bn by 2031

02-13-2024 06:31 AM CET | Health & Medicine

Press release from: Transparency Market Research

RAS-acting Agents Market is expected to surpass the value of US$

The RAS-acting agents market is poised for substantial expansion, driven by the increasing prevalence of hypertension, kidney diseases, and heart failure. These conditions necessitate innovative therapeutic approaches, thereby boosting the demand for RAS-targeted medications. Additionally, the rising geriatric population worldwide, coupled with lifestyle changes, further accentuates the market growth.

๐†๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (๐”๐ฌ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐Œ๐š๐ข๐ฅ ๐ˆ๐ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ž) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85539&utm_source=OPENPR%2FjayashriB&utm_campaign=OPENPR

Market Size and Growth:

The market size for RAS-acting agents is projected to experience a steady increase throughout the forecast period, reaching significant heights by 2031. With advancements in drug development technologies and a growing emphasis on personalized medicine, the market is expected to witness accelerated growth rates.

Market Segmentation:

By Service Type: This segment includes ACE inhibitors, angiotensin receptor blockers (ARBs), renin inhibitors, and others.
By Sourcing Type: Market participants may opt for in-house development or outsource manufacturing and distribution processes.
By Application: RAS-acting agents find applications in hypertension management, heart failure treatment, renal disease therapy, and more.
By Industry Vertical: Pharmaceuticals, biotechnology, hospitals & clinics, and research institutes are the key industry verticals driving market growth.
By Region: The market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Regional Analysis:

North America and Europe are expected to dominate the market, attributed to the presence of well-established healthcare infrastructure and a high prevalence of cardiovascular diseases.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=85539&utm_source=OPENPR%2FjayashriB&utm_campaign=OPENPR

Asia-Pacific holds immense growth potential due to the burgeoning geriatric population and increasing healthcare expenditure in countries like China and India.

Market Drivers and Challenges:

Drivers: Growing incidences of hypertension and cardiovascular diseases, technological advancements in drug delivery systems, and rising healthcare expenditure.
Challenges: Stringent regulatory requirements, patent expirations of key drugs, and the emergence of alternative treatment options pose challenges to market growth.

Market Trends:

Personalized medicine and targeted drug delivery systems are gaining traction, leading to the development of novel RAS-acting agents.
Increased collaborations between pharmaceutical companies and research institutions foster innovation and accelerate drug development processes.

Future Outlook:

The future of the RAS-acting agents market appears promising, with ongoing research and development activities poised to introduce groundbreaking therapies. Moreover, the integration of artificial intelligence and big data analytics is expected to revolutionize treatment approaches, further augmenting market growth.

Key Market Study Points:

Market dynamics analysis, including drivers, restraints, and opportunities.

๐‡๐š๐ฏ๐ž ๐€๐ง๐ฒ ๐๐ฎ๐ž๐ซ๐ฒ? ๐€๐ฌ๐ค ๐“๐จ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=85539&utm_source=OPENPR%2FjayashriB&utm_campaign=OPENPR

Competitive landscape assessment, identifying key players, market strategies, and product offerings.
Regulatory landscape analysis, focusing on compliance requirements and approval processes.

Competitive Landscape:

Key players in the RAS-acting agents market include pharmaceutical giants such as Novartis AG, Pfizer, Inc., AstraZeneca plc, Merck & Co., Inc., Sanofi S.A., Bristol-Myers Squibb Company, Daiichi Sankyo Company, Limited, Takeda Pharmaceutical Company Limited, Boehringer Ingelheim GmbH, and Johnson & Johnson .These companies are actively engaged in research and development endeavors to introduce innovative therapies and maintain their competitive edge in the market.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

Companion Animal Diagnostics Market - https://www.globenewswire.com/en/news-release/2023/09/04/2736585/32656/en/Companion-Animal-Diagnostics-Market-Predicted-to-Reach-USD-1591-million-by-2027-Expanding-at-a-CAGR-of-10-Exclusive-Report-by-Transparency-Market-Research.html

Animal Parasiticides Market: https://www.prnewswire.com/news-releases/animal-parasiticides-market-is-anticipated-to-reach-usd-15-6-billion-at-a-cagr-of-5-7-cagr-by-2031---report-by-transparency-market-research-inc-302012440.html

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

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