Atherosclerosis Drugs Market By Drug Type (Anti-platelet and Anticoagulants, Cholesterol Lowering Medication, ACE Inhibitors, Others), By Route of Administration (Oral, Injectable), By Distribution Channel (Hospital Pharmacies, Online Providers, Drug Stores and Retail Pharmacies): Global Opportunity Analysis and Industry Forecast, 2023-2032
The atherosclerosis drugs market valued for $20,608.51 million in 2022 and is estimated to reach $27,711.92 million by 2032, exhibiting a CAGR of 3% from 2023 to 2032.
Atherosclerosis is a disorder in which veins get narrowed due to build of plaque, thus stiffening the artery walls. Blood flow is obstructed by plaque that builds up in blood vessels, which raises blood pressure. Formation of blood clots in the bloodstream is common in this condition, which can further lead to heart attack, coronary artery diseases, or peripheral artery diseases.
Atherosclerosis drugs aim to reduce the formation of plaque or its effects on the body by reducing cholesterol levels, decreasing inflammation, preventing blood clots, and improving blood flow. Commonly used atherosclerosis drugs include antiplatelet drugs such as aspirin, which prevent blood clots; angiotensin-converting enzyme (ACE) inhibitors, which reduce blood pressure; and beta-blockers, which minimize the risk of heart attack along with maintaining the blood pressure.
The growth of the global atherosclerosis drugs market is majorly driven by alarming increase in cardiovascular disorders. In addition, rise in awareness of early diagnosis and treatment of atherosclerosis boosts the demand for atherosclerosis drugs, which positively impacts the growth of the market. However, surge in cost associated with R&D of atherosclerosis drugs is expected to impede the market growth. In contrast, surge in investments for novel drug therapeutics in public as well as private sectors is anticipated to provide lucrative opportunities for the growth of the atherosclerosis drugs market during the forecast period.
Furthermore, rise in healthcare expenditure in both developed and developing countries drives demand for atherosclerosis drugs, as healthcare providers seek to offer the latest and most effective treatments to their patients.
The global atherosclerosis drugs market is segmented into drug type, route of administration, distribution channel, and region. On the basis of drug type, the market is categorized into anti-platelet & anticoagulants, cholesterol lowering medication, ACE inhibitors, and others. Depending on route of administration, it is bifurcated into oral and injectable. By distribution channel, it is classified into hospital pharmacies, online providers, and drug stores & retail pharmacies.
Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The report provides a comprehensive analysis of the key players that operate in the global atherosclerosis drugs market. The key companies profiled in the report include Amgen Inc., Pfizer Inc., AstraZeneca, Bayer AG, Sanofi, Novartis AG, Viatris, Johnson & Johnson, Lupin, and Bausch Health Companies Inc.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the atherosclerosis drugs market analysis from 2022 to 2032 to identify the prevailing atherosclerosis drugs market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the atherosclerosis drugs market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global atherosclerosis drugs market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy Drug TypeAnti-platelet and Anticoagulants
Cholesterol Lowering Medication
ACE Inhibitors
Others
By Route of AdministrationOral
Injectable
By Distribution ChannelHospital Pharmacies
Online Providers
Drug Stores and Retail Pharmacies
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
Amgen Inc.
AstraZeneca
Bausch Health Companies Inc.
Bayer AG
Johnson & Johnson
Lupin
Novartis AG
Pfizer Inc.
Sanofi
Viatris Inc.
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