Entry of Genomic Medicines to Propel Global Hypertrophic Cardiomyopathy Therapeutics Market
Global Hypertrophic Cardiomyopathy Therapeutics Market – Key TrendsWith heart diseases emerging as one of the most common causes of mortality among men and women worldwide, Transparency Market Research (TMR) expects the demand for hypertrophic cardiomyopathy (HCM) therapeutics to surge considerably. Furthermore, the market is expected to gain significant impetus from successful government interventions aimed at spreading awareness about hypertrophic cardiomyopathy.
TMR projects the global HCM therapeutics market to expand at a moderate 1.4% CAGR between 2015 and 2023. Despite witnessing positive opportunities, the rising demand for advanced medical devices could threaten the market’s growth to an extent. Nevertheless, since the majority of HCM drugs are yet to get approved, the hypertrophic cardiomyopathy therapeutics market is likely to gain momentum post their approval in the near future.
Obtain Report Details: http://www.transparencymarketresearch.com/hypertrophic-cardiomyopathy-therapeutics-market.html
According to TMR, the global hypertrophic cardiomyopathy therapeutics market is expected to reach US$1.37 bn in 2023, from US$1.2 bn in 2015. The leading players in the market are likely to capitalize on the untapped opportunities in the healthcare sector of emerging economies to expand their footprint.
Rising Use of Calcium Channel Blockers Being Witnessed in Obstructive HCM Treatment
Antiarrhythmic drugs, anti-coagulating agents, calcium channel blockers, and beta blockers are the most recommended therapies for the treatment of HCM. By drug class, the calcium channel blockers segment held the leading share of 37.4% in the HCM therapeutics market in 2014. This drug provides an effective alternative to beta-blocker therapy particularly used in obstructive HCM treatment. As per TMR, the calcium channel blockers segment is expected to rise at a CAGR of 1.8% from 2015 to 2023.
The beta adrenergic blocking agents emerged as the second-largest segment in 2014. The most common beta adrenergic blocking agents preferred in HCM treatment include atenolol, metoprolol, propranolol, and sotalol.
Due to the increasing sedentary lifestyle and unhealthy choices, experts project the incidence of heart disease to rise considerably in the forthcoming years. This will subsequently boost demand for HCM therapeutics through the forecast period.
Rising Prevalence of Obesity to Fuel Demand for HCM Therapeutics in North America
North America, Europe, Asia Pacific, and Rest of the World constitute the key markets by geography for HCM therapeutics. Among these regions, with a share of 31.1%, North America emerged as the leading contributor to the market in 2014, followed by Europe. Both these regions boast a sophisticated healthcare infrastructure, which augurs well for the HCM therapeutics market.
Fill the form for an exclusive sample of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7553
The increasing prevalence of obesity among the younger population in North America and their preference towards a sedentary lifestyle, are primary factors augmenting demand for HCM therapeutics from the region. The rising cases of cardiac arrests reported every year in North America will seal the region’s dominance in the market through the forecast period. In North America, the U.S. reports the highest demand for HCM therapeutics.
However, according to TMR, the market is expected to witness stronger growth across the emerging economies of Asia Pacific and Rest of the World. Asia Pacific is expected to report the fastest CAGR during the course of the forecast period. The development of modern healthcare facilities in the region, rising healthcare expenditure, and the increasing awareness about HCM, are primary factors fuelling demand for HCM therapeutics from Asia Pacific.
Some of the leading companies in the global hypertrophic cardiomyopathy therapeutics market are Sanofi S.A., Merck & Co., Pfizer, Inc., Mylan N. V. Teva Pharmaceuticals Limited, Novartis AG, and Others.
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Contact us:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Entry of Genomic Medicines to Propel Global Hypertrophic Cardiomyopathy Therapeutics Market here
News-ID: 670890 • Views: …
More Releases from TMR - Research Reports
Visualization and 3D Rendering Software Market: On-Premise Deployment Presently …
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of…
Digital Door Lock Systems Market: Enhanced Security Requirements to Propel the D …
According to a new market report published by Transparency Market Research titled “Digital Door Lock Systems Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital door lock systems market was valued at US$ 1,059.5 Mn in 2017 and is expected to expand at a CAGR of 30.25% from 2018 to 2026, reaching US$ 14,877.6 Mn by the end of the forecast period.
digital door lock systems market…
Transportation Management System Market: Advance Technologies in All the Sectors …
A transportation management system (TMS) refers to a subset of supply chain management and is centered mostly on logistics and transportation. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the world market for transportation management systems. Cloud-based deployments, in general, need less configuration and customization. These two factors are triggering down the cost…
Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air …
Characterized by the presence of a handful of dominant players, namely United Technologies Corp., LG Electronics, Daikin Industries Ltd., Fujitsu Ltd., and Munters Corp., the global energy recovery ventilators market features intense competition, reveals Transparency Market Research (TMR) in a new report.
Going forward, the rising number of players seeking entry will further intensify competition in the market. Expansion of product portfolio which has been the focus of established companies to…
More Releases for HCM
Recent Whitepaper: Digitization of Human Capital Management (HCM)
GENERAL OVERVIEW
Human life and technology are closely linked- technology has been and still continues to make human life more comfortable. The world we live in is ever changing and constantly evolving. It’s a known fact that evolutions brings about a change in environment, technology and situations too. Fusion of technology in our day to day lives has made us more adaptable to our daily actions. As a result technology facilitates…
Human Capital Management (HCM) Market Study Navigating the Future Growth Outlook …
This global Human Capital Management (HCM) Market market research report is a proven and consistent source of information which gives telescopic view of the existing market trends, emerging products, situations and opportunities that drive business towards success. Market segmentation studies conducted in this report with respect to product type, applications, and geography are valuable in taking any verdict about the products. Gaining valuable market insights with the new skills, latest…
Human Capital Management (HCM) Market to Witness Huge Growth by 2019-2025 | Ceri …
A new business intelligence report released by HTF MI with title “Global Human Capital Management (HCM) Market 2019-2025” that targets and provides comprehensive market analysis with future prospects to 2025. The rapid decision-making power of market research and consumer insight is never more valuable than in times of crisis. The analysts of the study have utilized extensive research methodologies and data sources (i.e Secondary & Primary Sources) in order to…
Human Capital Management (HCM) Market to see Booming Worldwide | Ceridian HCM, O …
A qualitative research study accomplished by HTF MI titled “Global Human Capital Management (HCM) Market covers detailed Product / Industry Scope, current and future market size scenario and elaborates outlook and status to 2025” provides primary data, studies and vendor briefings. The market Study is segmented by key regions along with country level break-up which is accelerating the marketization and by products type, application/end-users. The research study provides estimates for…
Human Capital Management (HCM) & Payroll - Great Market, Know Players Growth Rat …
The Exploration study offers deep assessment of the Global Human Capital Management (HCM) & Payroll Market and helps market participants to gain a solid base in the industry. The Research report presents a complete assessment of the market and contains Future trend, Current Growth Factors, attentive opinions, historical data, facts and statistically supported and industry certified market data. It delivers regional exploration of the Global Human Capital Management (HCM) &…
Human Capital Management (HCM) Market Growth including Top Players: Ceridian HCM …
Human capital management (HCM) is the comprehensive set of practices for recruiting, managing, developing and optimizing the human resources of an organization.
This market research report delves deep into the global Human Capital Management (HCM) Market. It highlights the recent market scenario, growth in the past few years, and opportunities for manufacturers in the future. The research methods and tools used in the completion of this study are both primary and…