Global Hypertension Drugs Market Set to Grow to $23Bn by 2024

Tuesday 3 September 2019, Amsterdam

The key player has launched a new pharma report Global Hypertension Drugs Market 2019-2029: Angiotensin II Receptor Blockers (ARBs), Angiotensin-converting Enzyme (ACE) Inhibitors, Beta Blockers, Calcium Channel Blockers (CCBs), Diuretics, Fixed-dose Combinations (FDCs).

Rising geriatric population and growing government initiatives to curb hypertension and its complications has boosted the growth of hypertension drugs market however, lack of new drugs in the market to treat hypertension coupled with cutthroat competition among the generic drug manufacturers have led to negative growth of this market.

The lead analyst of the report commented "Approximately, 10-15% of hypertension patients are resistant to current treatment options, where blood pressure is uncontrolled with three or more different classes of hypertension drugs, including a diuretic. Therefore, the need for new treatment strategies to treat the multi-faceted nature of hypertension, including organ protection, is still an area of intensive research."

Leading companies featured in the report include Actelion (now J&J), AstraZeneca, Boehringer Ingelheim GmbH, Daiichi Sankyo, Johnson & Johnson Company. Merck & Co. and other companies.