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Transformative Trends Impacting the Peripheral Vasodilator Drugs Market Landscape: Innovation In Peripheral Vasodilator Market With Advanced Drug Development
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Peripheral Vasodilator Drugs Market Size By 2025?
The market for peripheral vasodilator drugs has dramatically increased in past few years. The market size is projected to expand from $6.27 billion in 2024 to about $6.61 billion in 2025, with a compound annual growth rate (CAGR) of 5.3%. Factors contributing to the growth during the historic period include the transition to less invasive surgical procedures, an increased interest in minimally invasive heart devices, continuous training and educational programs for healthcare providers, escalating healthcare expenditure, along with an increased patient inclination towards non-surgical or minimally invasive treatment choices.
How Big Is the Peripheral Vasodilator Drugs Market Size Expected to Grow by 2029?
In the coming years, the market size for peripheral vasodilator drugs is predicted to experience robust growth, reaching "$8.18 billion in 2029 with a compound annual growth rate (CAGR) of 5.5%. The anticipated growth in this period is due to factors such as the rising aging population, heightened consciousness about heart health, the initiation of screening programs, supportive reimbursement strategies for structural heart procedures, and punctual regulatory consents for new structural heart devices. The forecast period will witness major trends like enhanced cooperation, real-world evidence, gene therapy, preventive measures, and value-driven healthcare.
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Which Key Market Drivers Powering Peripheral Vasodilator Drugs Market Expansion and Growth?
The peripheral vasodilator drug market is projected to expand due to the growing number of cardiovascular diseases. These conditions, which include conditions like heart attacks, strokes, hypertension, and heart failure, are disorders that affect the heart and blood vessels, often resulting from atherosclerosis. Factors that contribute to the rise of cardiovascular diseases primarily include sedentary lifestyles, unhealthy diets, an aging population, increased obesity rates, and associated health issues like diabetes and hypertension. Peripheral vasodilators play a crucial role in cardiovascular diseases by enhancing blood flow, lowering blood pressure, decreasing the strain on the heart, and easing symptoms of diseases such as peripheral arterial disease. For example, the Australian Institute of Health and Welfare reported that deaths due to coronary heart disease (CHD), confirmed by doctors, surged to 14,100 in 2021 and then escalated to 14,900 in 2022. Hence, the growing incidence of cardiovascular diseases propels the growth of the peripheral vasodilator drug market.
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What Trends Will Shape the Peripheral Vasodilator Drugs Market Through 2029 and Beyond?
Leading corporations in the peripheral vasodilator drugs market are concentrating on the development of triple-drug combination treatments to improve treatment results and broaden their market reach in cardiovascular therapeutics. The triple-drug combination therapy is a type of antihypertensive FDC designed for patients insufficiently responsive to dual-drug treatments or unable to withstand combinations based on diuretics. For example, Ajanta Pharma Limited, a Cardiology-focused pharmaceutical firm based in India, launched a unique triple-drug mix called Met XL AMT in August 2023 for handling hypertension in Indian patients. This new medication is a fixed-dose blend (FDC) of three antihypertensive medications: Telmisartan, Amlodipine and Metoprolol, which together help reduce blood pressure by aiding the relaxation of blood vessels, a typical feature of peripheral vasodilators. The drug has received specific recognition from DCGI for its use in managing uncontrollable hypertension in conjunction with the stable coronary artery disease. The medication is the first of its kind globally, it is a fixed-dose combination (FDC) of metoprolol succinate (extended-release) 50 mg, amlodipine 5 mg, and telmisartan 40 mg.
What Are the Emerging Segments in the Peripheral Vasodilator Drugs Market?
The peripheral vasodilator drugs market covered in this report is segmented -
1) By Drug Type: Calcium Channel Blockers, Direct-Acting Vasodilators, Alpha-Adrenergic Blockers, Potassium Channel Activators, Nitrates, Other Types
2) By Indication: Hypertension, Angina, Heart Failure, Other Indications
3) By Application: Hospital, Retail Pharmacies, Other Applications
Subsegments:
1) By Calcium Channel Blockers: Dihydropyridines, Non-Dihydropyridines
2) By Direct-Acting Vasodilators: Hydralazine, Minoxidil, Nitroprusside
3) By Alpha-Adrenergic Blockers: Prazosin, Doxazosin, Terazosin
4) By Potassium Channel Activators: Nicorandil, Diazoxide
5) By Nitrates: Nitroglycerin, Isosorbide Dinitrate, Isosorbide Mononitrate
6) By Other Types: Phosphodiesterase Inhibitors, Endothelin Receptor Antagonists
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Who Are the Global Leaders in the Peripheral Vasodilator Drugs Market?
Major companies operating in the peripheral vasodilator drugs market are Pfizer Inc., Bayer AG, Sanofi S.A., Thermo Fisher Scientific Inc., AstraZeneca PLC, Abbott Laboratories, Novartis AG, GSK plc, Takeda Pharmaceutical Company, Gilead Sciences Inc, Amgen Inc, Boehringer Ingelheim International GmbH, Merck & Co, Viatris Inc., Baxter, Teva Pharmaceutical Industries, Astellas Pharma, Daiichi Sankyo Company, Limited, Sun Pharmaceutical Industries, Mitsubishi Tanabe Pharma, Cipla Limited, Hikma Pharmaceuticals, Lupin Pharmaceuticals, Glenmark Pharmaceuticals Ltd, Torrent Pharmaceuticals, Ipca Laboratories, Alembic Pharmaceuticals
Which are the Top Profitable Regional Markets for the Peripheral Vasodilator Drugs Industry?
North America was the largest region in the peripheral vasodilator drugs market in 2024. The regions covered in the peripheral vasodilator drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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