VELETRI Market Expected to Achieve 7.5% CAGR by 2029: Growth Forecast Insights

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How Large Will the VELETRI Market Size By 2025?
Over the past few years, the VELETRI market size has witnessed robust growth. It is projected to expand from $1.34 billion in 2024 to $1.45 billion in 2025 with a compound annual growth rate (CAGR) of 7.6%. Factors that contributed to the growth captured in the historic period include an increased incidence of pulmonary arterial hypertension (PAH), greater awareness of PAH, a burgeoning geriatric population, global lifestyle changes, and a rise in healthcare spending.

How Big Is the VELETRI Market Size Expected to Grow by 2029?
In the upcoming years, the market size for VELETRI is predicted to experience robust growth, reaching "$1.93 billion by 2029 with a 7.5% compound annual growth rate (CAGR). This growth during the forecast period is due to the rising occurrence of venous diseases, increased awareness and early detection, elevated expenditure on chronic illnesses, enhanced healthcare facilities, and an expanding patient population. Among the key trends during this period are technological advancements, partnerships between pharmaceutical firms and research institutions, a strong clinical research pipeline, increased R&D activities, and the introduction of biosimilars and generic versions.

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Which Key Market Drivers Powering VELETRI Market Expansion and Growth?
An increase in the instances of pulmonary arterial hypertension (PAH) is forecasted to fuel the expansion of the VELETRI market in the future. PAH, a sporadic, advanced disorder, results in high blood pressure in the lungs' arteries and can lead to heart failure if not managed. This surge in PAH is linked to factors like enhanced diagnostic methods, an aging populace, and heightened consciousness about the disease. Veletri serves as a treatment for PAH, enhancing physical activity abilities and delaying the progression of the illness via vasodilation. For instance, the American College of Cardiology Foundation reported in October 2022 that PAH is a rare disease, affecting around 15 to 30 individuals per million. Consequently, the increasing prevalence of pulmonary arterial hypertension (PAH) is steering the growth of the VELETRI market.

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What Are the Emerging Segments in the VELETRI Market?
The veletri market covered in this report is segmented -

1) By Product Type: Injectable, Inhalation
2) By Application: Pulmonary Arterial Hypertension, Other Applications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

Subsegments:
1) By Injectable: Intravenous (IV) Injection, Subcutaneous (SC) Injection
2) By Inhalation: Nebulized Inhalation, Dry Powder Inhalation

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Who Are the Global Leaders in the VELETRI Market?
Major companies operating in the veletri market are Johnson & Johnson, Bayer Pharma AG, Novartis AG, GlaxoSmithKline plc, Gilead Sciences Inc., Teva Pharmaceutical Industries Ltd., Boehringer Ingelheim International GmbH, Sandoz International GmbH, Sun Pharmaceutical Industries Ltd., Actelion Pharmaceuticals Ltd., Euroapi S.A., United Therapeutics Corporation, Pfizer CentreOne, Sai Life Sciences Limited, Zhejiang Ausun Pharmaceutical Co. Ltd., Yonsung Fine Chemicals Co. Ltd., Cayman Pharma S.r.o., Meitheal Pharmaceuticals Inc., Smiths Medical, Guangzhou Tosun Pharmaceutical Co. Ltd.

Which are the Top Profitable Regional Markets for the VELETRI Industry?
North America was the largest region in the VELETRI market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the veletri market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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