Global Congestive Heart Failure Drugs
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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• The global Congestive Heart Failure Drugs market size in 2023 was XX Million. Congestive Heart Failure Drugs Industry's compound annual growth rate (CAGR) will be XX% from 2024 to 2031.
• Increase in the cases of Heart problems and advancement in technology and increase in Research and development drive the market for Heart Failure Drugs.
• The ACE inhibitors medicine class is the dominating. Angiotensin-converting enzyme inhibitors, or ACE inhibitors, have been a main key in the management of congestive heart failure for several years
• Market growth was significantly impacted by the COVID-19 epidemic. Heart Failure or cardiovascular medications are frequently utilized because hypertension is one of the most common symptoms among COVID-19 patients
• North America is the dominant region for congestive heart failure (CHF). Congestive heart failure and other cardiovascular illnesses are rather common in North America.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Market Size | 121212 |
Country Market Size | 121212 |
North Americ Market Size | 121212 |
Europe Market Size | 121212 |
Asia Pacific Market Size | 121212 |
South America Market Size | 121212 |
Middle East and Africa Market Size | 121212 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Congestive Heart Failure Drugs Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The global Congestive Heart Failure Drugs market size in 2023 was XX Million. Congestive Heart Failure Drugs Industry's compound annual growth rate (CAGR) will be XX% from 2024 to 2031. The illness known as congestive heart failure, or heart failure, is caused by the heart's inability to pump blood as effectively as it should. Heart failure, despite its name, does not indicate that the heart has stopped functioning entirely or is soon to. Shortness of breath, exhaustion, and edema in the limbs are some of the symptoms of congestive heart failure (CHF), which is characterized by a buildup of fluid in the lungs and other bodily parts. By easing symptoms, delaying the course of the illness, and lowering the chance of hospitalization, these medications significantly enhance the quality of life for those with CHF.The drugs—beta blockers, angiotensin receptor-neprilysin inhibitors (ARNIs), mineralocorticoid receptor antagonists (MRAs), and sodium-glucose cotransporter 2 inhibitors—are referred to as the "four pillars" of heart failure therapy. Drugs for congestive heart failure are used in a variety of ways to treat different facets of the illness. The improvement of heart function, blood pressure control, edema reduction, and treatment of underlying conditions like hypertension and coronary artery disease are some of the major uses. Several important reasons have contributed to the market's consistent expansion for congestive heart failure (CHF) medications. A major contributing factor is the rising incidence of cardiovascular illnesses, especially among the elderly population. Advancements in technology and increases in Research and development also drive the market for Heart Failure Drugs.
Heart failure is a long-term illness characterized by inadequate cardiac pumping function. If the heart is unable to pump blood sufficiently during the diastolic or systolic phases, heart failure may result. For Instance, according to the Journal of Cardiac Failure, Heart failure has affected about 6.7 million adults over the age of 20, and by 2030, that number is predicted to increase to 8.5 million. Heart failure is becoming more commonplace worldwide as a result of sedentary lifestyles, poor eating habits, and an increase in risk factors such as obesity, diabetes, and hypertension. Furthermore, according to recent data released by the British Heart Foundation (BHF), the number of early heart disease deaths in England has increased to its highest level since 2008. More than 39,000 people in England passed away too soon from cardiovascular diseases in 2022. (Source:https://onlinejcf.com/article/S1071-9164(23)00264-6/abstract#:~:text=1.,develop%20HF%20in%20their%20lifetime.)The reasons why heart failure is increasing are due to aging, family history, lifestyle choices like smoking, abusing alcohol excessively, abusing cocaine or other illegal drugs, maintaining an unhealthy diet, and not exercising. The risk is also increased by heart or blood vessel disorders, severe lung diseases, and infections like SARS-CoV-2 or HIV. Hence, Effective heart failure medications are in high demand due to the expanding patient population. Using medication to treat heart failure helps reduce edema, breathlessness, and exhaustion. Additionally, it increases the energy so one can engage in physical activity. Even in the absence of symptoms, medications can halt or reduce the disease's progression. People with heart failure may require several drugs. Each has instructions and regulations specific to it and addresses a distinct symptom or contributing cause. For Instance, An ARB and a neprilysin inhibitor are combined to form ARNIs. An enzyme called neprilysin helps the body release naturally occurring chemicals that widen constricted arteries. Reducing the impact of neprilysin enhances the benefits of these drugs, enhancing blood flow and arterial opening, lowering sodium retention, and lessening cardiac strain. (Source:https://pharmatimes.com/news/bhf-data-reveals-early-heart-disease-deaths-rise-to-highest-level/ )Hence, due to the increase in Heart failure cases due to various reasons, the drug market for the same is increasing.
Cardiovascular medications have undergone substantial R&D and technological advancements. Subsequently, several ground-breaking treatments were released onto the global market and quickly gained popularity. Nevertheless, patients' treatment options are being limited due to the increasing frequency of cardiovascular illnesses, which are almost incurable due to their nature. This has caused a significant gap in the industry's supply of treatment needs and is anticipated to be one of the main drivers for the drug development of heart failure.
Pharmacological innovations and device-based interventions have been pivotal in advancing heart failure management. These interventions encompass a wide range of technologies, including implantable devices, remote monitoring systems, and artificial intelligence (AI) applications. Medications that reduce blood pressure, enhance the heart's capacity to pump blood, moderate the heart rate, and avoid heart muscle scarring are among the main treatments for heart failure. For example, two novel medications, ivabradine (Corlanor) and sacubitril/valsartan (Entresto), have been licensed in the recent few years. Furthermore, Bayer and Merck developed a drug that the FDA has approved VERQUVO, a soluble guanylate cyclase (sGC) stimulator, for use in adults with symptomatic chronic heart failure and an ejection fraction of less than 45%. Its purpose is to lower the risk of cardiovascular death and heart failure hospitalization after a heart failure hospitalization or the need for outpatient intravenous (IV) diuretics. The FDA's approval of VERQUVO, the first medication specifically approved for patients with persistent heart failure who have been hospitalized for the condition.(Source:https://www.merck.com/news/merck-announces-u-s-fda-approval-of-verquvo-vericiguat/) Hence, a lot of research and development is needed for alternative treatments for the life-threatening condition of the heart.
Large market players are heavily investing in R&D to expand their product lines, which will fuel further growth in the heart failure drugs market. A variety of strategic measures are being taken by market players to expand their global reach in response to significant developments in the heart failure drug market, including the introduction of new products, contracts, mergers and acquisitions, higher investment levels, and cooperation with other institutions. Rivals in the Heart Failure Drugs sector are raising the bar on what it takes to stay in business and grow in an environment that is becoming more and more competitive by requiring approved agencies to approve their treatments and medications.Expanding pharmacies in hospitals is one of the main business strategies used by manufacturers in the heart failure drugs sector. For Instance, At the American Heart Association medical meeting in New Orleans, researchers reported that the cost of generic medications for treating heart failure might vary so much, even between pharmacies in the same location, that uninsured patients might not be able to buy them. The average cost of three regularly prescribed generic heart failure medications, according to researchers, is approximately $70 in the greater St. Louis area. This means that some patients who truly need these medications cannot afford the combined cost of a month's supply, which ranges from $12 to $400 (Source:https://www.reuters.com/article/idUSKBN13A2M2/ )Hence, as the heart diseases are increasing, it means the drug supply also needs to increase. But, if they are not affordable for low or medium-income people, it does not help them and the number will keep on rising.
Market growth was significantly impacted by the COVID-19 epidemic. Heart Failures or cardiovascular medications are frequently utilized because hypertension is one of the most common symptoms among COVID-19 patients. The pandemic is also interfering with the transportation of medicinal products and the medical supply chain. The COVID-19 pandemic caused significant disruptions to regular treatment in numerous healthcare facilities and influenced global healthcare systems. This puts vulnerable individuals with cardiovascular diseases in significant danger. According to specialists, people who have heart disease, cardiovascular risk factors, have had a heart attack, or have survived a stroke should all get enhanced against COVID-19 vaccinations because their chance of contracting the virus is far higher than that of the vaccine. For Instance, Health experts have cautioned that a new strain of COVID-19, JN.1, has caused a surge in cases in numerous nations. This has increased the risk of serious heart difficulties for people who contract the disease. Experts have issued a severe warning about a new and concerning "global healthcare risk" that might start a "heart failure pandemic" or worse. The ACE2 receptors that the coronavirus attaches itself to within human cells are "very common" in the heart, according to a report by experts from Japan's premier institute Riken. As a result, "reduced cardiac functioning" is a common symptom among patients who contract the virus. (Source:https://economictimes.indiatimes.com/news/international/us/covid-could-trigger-heart-failure-pandemic-health-experts-warn-of-global-healthcare-risk-after-new-year/articleshow/106329039.cms?from=mdr) However, because those who already had cardiovascular diseases (CVDs) were more likely to become infected during the pandemic, there was an increase in the need for Heart failure drugs.
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Large market players are heavily investing in R&D to expand their product lines, which will fuel further growth in the heart failure drugs market. A variety of strategic measures are being taken by market players to expand their global reach in response to significant developments in the heart failure drug market, including the introduction of new products, contracts, mergers and acquisitions, higher investment levels, and cooperation with other institutions. Rivals in the Heart Failure Drugs sector are raising the bar on what it takes to stay in business and grow in an environment that is becoming more and more competitive by requiring approved agencies to approve their treatments and medications. Expanding pharmacies in hospitals and residential areas is one of the main business strategies used by manufacturers in the heart failure drugs sector.
For Instance, The FDA has authorised Jardiance (empagliflozin) 10 mg to lower the risk of cardiovascular death and heart failure hospitalization in adult patients suffering from heart failure, by Boehringer Ingelheim and Eli Lilly & Company. Jardiance is the first and only heart failure medication to show a statistically significant reduction in the risk of cardiovascular death and heart failure hospitalization, independent of ejection fraction. Regarded as "the single largest unmet need in cardiovascular medicine," the FDA's approval represents a major advancement for the 3 million adults in the United States who suffer from heart failure with maintained ejection fraction. (Source:https://www.prnewswire.com/news-releases/us-fda-approves-jardiance-empagliflozin-to-treat-adults-with-heart-failure-regardless-of-left-ventricular-ejection-fraction-301490188.html)
• In July 2023, The Drugs Controller General of India has approved an extended indication for AstraZeneca Pharma India's 10 mg Dapagliflozin tablet, the company announced. According to a regulatory application by the pharmaceutical company, the DCGI has granted permission for the importation of pharmaceutical formulations for the sale or distribution of 10 mg Dapagliflozin Tablets. "Through this approval, Dapagliflozin tablets are indicated for the treatment of heart failure in adults," stated the FDA. (Source:https://www.zeebiz.com/companies/news-astrazeneca-gets-dcgi-approval-for-dapagliflozin-in-treatment-of-heart-failure-245759)
Top Companies Market Share in Congestive Heart Failure Drugs Industry: (In no particular order of Rank)
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North America is the dominant region for congestive heart failure (CHF). Congestive heart failure and other cardiovascular illnesses are rather common in North America. The rising prevalence of CHF in the area is attributed to lifestyle factors such an ageing population, sedentary behaviour, and poor food. There is a high number of CHF patients in the United States in particular, which fuels the market for CHF medications. Furthermore, people with CHF are guaranteed access to the most recent drugs and therapies because to North America's well-established healthcare system, which includes cutting-edge hospitals and substantial healthcare spending. In addition, the pharmaceutical sector in North America is strong and consistently makes R&D investments. For Instance, the majority of persons in the United States suffer with hypertension, many of whom are unaware that they have it. It significantly raises the risk of suffering a heart attack, stroke, and other major health issues if left untreated. It can also result in a five-year reduction in life expectancy. Even with the development of drugs that ought to be able to manage hypertension in the majority of cases, less than 25% of patients receiving treatment manage their blood pressure within the desired range. Angiotensinogen synthesis is reduced by the experimental medication zilebesiran. People who took 200 mg or more of Zilebesiran for eight weeks experienced lower blood pressure readings. The reduction is larger with a higher dose. This was a recent development that took place in the US, and North America.(Source:https://www.heart.org/en/around-the-aha/aha-names-top-advances-in-cardiovascular-disease-research-for-2023)
The current report Scope analyzes Congestive Heart Failure Drugs Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Congestive Heart Failure Drugs Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Congestive Heart Failure Drugs Industry growth. Congestive Heart Failure Drugs market has been segmented with the help of its Type, Application , and others. Congestive Heart Failure Drugs market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The ACE inhibitors medicine class is the dominating. Angiotensin-converting enzyme inhibitors, or ACE inhibitors, have been a main key in the management of congestive heart failure for several years. These drugs improve cardiac function, lessen the strain on the heart, and dilate blood vessels. For Instance, According to NCBI, By reducing afterload, preload, and systolic wall stress, angiotensin-converting enzyme inhibitors (ACEIs) alleviate heart failure by increasing cardiac output without raising heart rate. By increasing renal blood flow and lowering the synthesis of aldosterone and antidiuretic hormone, ACE inhibitors contribute significantly to the promotion of salt excretion. They therefore aid in reducing symptoms including fluid retention and dyspnea, enhancing the general quality of life for Congestive heart failure (CHF) sufferers. The number of people at risk of cardiac problems increases with age, which fuels the need for efficient CHF treatments like ACE (Source:https://www.ncbi.nlm.nih.gov/books/NBK431051/)
• ACE Inhibitors
• Angiotensin Receptor Blockers
• Beta Blockers
• Diuretics
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For the congestive heart failure medications indicates that the hospital pharmacy segment will grow is dominant. Since hospital pharmacies are frequently the first place of care for acute cases and the start of CHF medication regimens, they are essential to the management and treatment of CHF patients. The rising incidence of CHF is one of the main factors propelling growth in the hospital pharmacy market. Specialized cardiac care is becoming more and more in demand as the world's population ages and lifestyle choices increase the risk of heart-related illnesses. Hospital pharmacies are well-equipped to provide prompt administration of CHF drugs to patients in critical conditions and to give patients instant access to them. As a result, prescription drug usage has skyrocketed.
• Hospitals
• Specialty Centres
• Others
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Congestive Heart Failure Drugs market report 2024 Edition by contacting our team.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
I am a dedicated and detail-oriented research analyst, committed to unraveling the stories hidden within data. With a solid foundation in market research & analysis, I thrive in the dynamic realm of research, where every dataset presents an opportunity for discovery. My passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.
I am committed to continuous professional development, regularly participating in workshops, attending conferences, and staying attuned to emerging trends in research methodologies to maintain the highest standards in my work. I played a vital role in conducting market research and competitive analysis. I have a proven track record of synthesizing diverse datasets, employing statistical models, and presenting comprehensive insights. My collaborative approach with cross-functional teams facilitated effective communication of findings, fostering a culture of data-driven decision-making within the organization.
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The Global Congestive Heart Failure Drugs Market is witnessing significant growth in the near future.
In 2023, the ACE Inhibitors segment accounted for noticeable share of global Congestive Heart Failure Drugs Market and is projected to experience significant growth in the near future.
The Hospital segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Sanofi, Pfizer and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | ACE Inhibitors, Angiotensin Receptor Blockers, Beta Blockers, Diuretics |
Application | Hospital, Household, Other |
List of Competitors | Sanofi, Novartis, Pfizer, Merck & Co, AstraZeneca, GSK, Bristol Myers Squibb, Mylan, Valeant Pharmaceuticals, Johnson & Johnson, Bayer, BoehringerInhelheim, Exelixis, Lunan Pharmaceutical, Sinepharm, CRC, Hai Ni Pharmaceutical, Langtian, NCPC, Hayao, Xinhua Group, XudongHaipu Pharmaceutical |
This chapter will help you gain GLOBAL Market Analysis of Congestive Heart Failure Drugs. Further deep in this chapter, you will be able to review Global Congestive Heart Failure Drugs Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Congestive Heart Failure Drugs Market Trends North America Congestive Heart Failure Drugs Technological Road Map North America Congestive Heart Failure Drugs Market Drivers North America Congestive Heart Failure Drugs Market Restraints North America Congestive Heart Failure Drugs Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Congestive Heart Failure Drugs market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why ACE Inhibitors have a significant impact on Congestive Heart Failure Drugs market? |
What are the key factors affecting the ACE Inhibitors and Angiotensin Receptor Blockers of Congestive Heart Failure Drugs Market? |
What is the CAGR/Growth Rate of Hospital during the forecast period? |
By type, which segment accounted for largest share of the global Congestive Heart Failure Drugs Market? |
Which region is expected to dominate the global Congestive Heart Failure Drugs Market within the forecast period? |
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