Pulmonary Hypertension
Global Pulmonary Arterial Hypertension Market to Reach $8.9 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Pulmonary Arterial Hypertension estimated at US$6.5 Billion in the year 2020, is projected to reach a revised size of US$8.9 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027. Prostacyclin & Prostacyclin Analogs, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$4.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Endothelin Receptor Antagonists (ERAs) segment is readjusted to a revised 4.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 4.3% CAGR
The Pulmonary Arterial Hypertension market in the U.S. is estimated at US$1.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.
SGC Stimulators Segment to Record 5.3% CAGR
In the global SGC Stimulators segment, USA, Canada, Japan, China and Europe will drive the 5.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$393.2 Million in the year 2020 will reach a projected size of US$567.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
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