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Atenolol Market: Detailed Analysis of Market Dynamics, Demand Drivers, and Future Scope
Atenolol Market
As per the report, the atenolol market size has grown strongly in recent years. It will grow from $11.05 billion in 2023 to $12.01 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The atenolol market size is expected to see strong growth in the next few years. It will grow to $15.85 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.
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Rising Cardiovascular Disease Rates Drive Expansion Of Atenolol Market
The growing prevalence of cardiovascular diseases is expected to propel the growth of the atenolol market going forward. Cardiovascular diseases (CVDs) encompass a range of disorders affecting the heart and blood vessels. The growing prevalence of cardiovascular diseases is due to population growth and aging, risk factors, and lack of implementation of proven prevention and treatment strategies. Atenolol plays a crucial role in managing various cardiovascular diseases by reducing heart rate, lowering blood pressure, relieving angina symptoms, preventing heart attacks, and managing arrhythmias. It helps to stabilize heart function, control blood pressure, and prevent complications, contributing to better long-term cardiovascular health. For instance, in May 2022, according to the Centers for Disease Control and Prevention, a US-based governmental organization, the prevalence of coronary heart disease among adults aged 18 and over stood at 4.6% in 2020, experiencing a slight uptick to 4.9% in 2021. Therefore, the growing prevalence of cardiovascular diseases is driving the growth of the atenolol market.
Growing Hypertension Prevalence To Drive Expansion Of The Atenolol Market
The increasing prevalence of hypertension is expected to propel the growth of the atenolol market going forward. Hypertension, commonly known as high blood pressure, is a medical condition in which the force of the blood against the walls of the arteries is consistently too high. The rising prevalence of hypertension is influenced by various factors such as lifestyle, dietary habits, stress, and demographic changes. Atenolol helps manage hypertension by decreasing heart rate, reducing the force of heart contractions, and inhibiting the renin-angiotensin-aldosterone system. These combined effects minimize blood pressure, which helps prevent hypertension-related complications and improves patient outcomes. For instance, in March 2023, the World Health Organization, a Switzerland-based health organization, estimated that an estimated 1.28 billion adults aged 30-79 years worldwide have hypertension. Therefore, the increasing prevalence of hypertension drives the atenolol market.
The atenolol market covered in this report is segmented -
1) By Type: 98% Purity, 99% Purity
2) By Form: Tablets, IV Solution, Other Forms
3) By Distribution Channel: Hospital Pharmacies, Drug Stores, Online Pharmacies, Other Distribution Channels
4) By Application: Hypertension, Angina, Arrhythmia, Other Applications
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Major companies operating in the atenolol market are F. Hoffmann-La Roche Ltd., AstraZeneca Plc, Abbott Laboratories Inc., Shanghai Pharmaceuticals Holding Co. Ltd., LGM Pharma, Torrent Pharmaceuticals GmbH, Cipla Inc., Intas Pharmaceuticals Limited, Lupin Limited, Macleods Pharmaceuticals Ltd., Ipca Laboratories Limited, Aristo Pharmaceuticals Pvt. Ltd, Medley Pharmaceuticals Ltd., Micro Labs Ltd., Unichem Laboratories Limited, Harman Finochem Ltd., Axplora, Erregierre SpA, Darou Pakhsh Pharma Chem Co., Zydus Pharmaceuticals (USA) Inc., Anant Pharmaceuticals Pvt. Ltd., Enomark LLC, Hairui Chemical, Octavius Pharma Pvt. Ltd., Hoventa Pharma
Contents of the report:
1. Executive Summary
2. Atenolol Market Report Structure
3. Atenolol Market Trends And Strategies
4. Atenolol Market - Macro Economic Scenario
5. Atenolol Market Size And Growth
…..
27. Atenolol Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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