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Beta Blockers Global Market Rising Trends, Industry Size, Share Report, Growing Demand and Business Opportunities And Forecast 2024-2033 | Pfizer Inc., Novartis AG, AstraZeneca PLC, Bayer AG, AbbVie Inc.
Beta Blockers Market
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Increasing Incidence Of Cardiovascular Diseases Drives Growth In The Beta Blockers Market
The rise in the incidence of cardiovascular diseases is expected to propel the growth of the beta blockers market. Cardiovascular diseases (CVDs) are a group of disorders that affect the heart and blood vessels. The rise in the incidence of cardiovascular diseases is mostly driven by unhealthy diets, poor lifestyles, lack of exercise, tobacco use, and obesity, where beta blockers can help reduce cardiovascular cases by exerting several beneficial effects on the heart and blood vessels. Hence, rising cases of cardiovascular diseases are contributing to the growth of the beta blockers market. For instance, in according to the National health Survey 2020-21 conducted by the Australian Bureau of Statistics, an Australia-based government agency, an estimated 571,000 Australians aged 18 and over (2.9% of the adult population) were living with CHD in 2020-21. Therefore, a rise in the incidence of cardiovascular diseases will fuel the beta blockers market growth.
Product Innovation Drives Growth In The Beta Blockers Market
Product innovation has emerged as a key trend gaining popularity in the beta blockers market. Major market players operating on beta blockers market are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in January 2021, Merck, a Germany-based pharmaceutical company, received U.S. Food and Drug Administration (FDA) approval for a medication called VERQUVO (vericiguat). VERQUVO (vericiguat) is a medication indicated for treating heart failure with reduced ejection fraction (HFrEF) in adults. This drug helps to relax and widen blood vessels, reduce strain on the heart, and improve cardiac function.
The beta blockers market covered in this report is segmented -
1) By Type: Non-selective Agents, Selective Agents
2) By Indication: Angina Pectoris, Heart Failure, High Blood Pressure, Other Indications
3) By Drugs: Betaxolol, Acebutolol, Esmolol, Other Drugs
4) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
5) By Application: Cardiac Diseases, Hypertension, Glaucoma, Other Applications
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Major companies operating in the beta blockers market report are Pfizer Inc., Novartis AG, Merck & Co. Inc., AstraZeneca plc, Johnson and Johnson, Eli Lilly and Company, Sanofi SA, Bristol-Myers Squibb Company, Bayer AG, GlaxoSmithKline plc, Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Amneal Pharmaceuticals LLC, Abbott Laboratories, Eagle Pharmaceuticals Inc., Neon Healthcare Ltd., Midas Pharma GmbH, Global Calcium PVT. LTD., AbbVie Inc., Mylan N.V., Boehringer Ingelheim International GmbH, Aspen Pharmacare Holdings Limited, Lupin Limited, Torrent Pharmaceuticals Ltd., Dr. Reddy's Laboratories Ltd., Cipla Ltd., Sandoz International GmbH, Wockhardt Ltd., Endo Pharmaceuticals Inc., Apotex Inc.
Contents of the report:
1. Executive Summary
2. Beta Blockers Market Report Structure
3. Beta Blockers Market Trends And Strategies
4. Beta Blockers Market - Macro Economic Scenario
5. Beta Blockers Market Size And Growth
…..
27. Beta Blockers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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