Global Antihypertensive Drugs Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Antihypertensive Drugs Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Drug Class (Diuretics, Angiotensin-Converting Enzyme (ACE) Inhibitors, Calcium Channel Blockers, Beta-adrenergic Blockers, Vasodilators, and Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Antihypertensive Drugs Market was valued at USD 36,176.0 million in 2023 and is expected to reach USD 49,129.8 million by 2031 while growing at a CAGR of 3.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global antihypertensive drugs market growth. Antihypertensive drugs, used for treating hypertension, work by lowering blood pressure directly or addressing underlying factors. They belong to various classes, each with different mechanisms of action.
The high prevalence of hypertension and ongoing research efforts leading to the discovery of new antihypertensive drugs drive the market. However, the high cost of treatment and the preference for lifestyle modifications as first-line treatment hinder market growth.
Furthermore, the global antihypertensive drugs industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Drug Class Analysis
The Global Antihypertensive Drugs Market is segmented among Diuretics, Angiotensin-Converting Enzyme (ACE) Inhibitors, Calcium Channel Blockers, Beta-adrenergic Blockers, Vasodilators, and Others, based on Drug Class. In 2023, Calcium Channel Blockers accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Distribution Channel Analysis
The Global Antihypertensive Drugs Market is segmented among Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies, based on Distribution Channel. In 2023, Hospital Pharmacy accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Antihypertensive Drugs Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Sun Pharmaceutical Industries Ltd. (Ranbaxy Laboratories), AstraZeneca plc, Lupin, Novartis AG., Johnson & Johnson, SANOFI, Boehringer Ingelheim International GmbH, Daiichi Sankyo Company Limited, Pfizer Inc., and Merck & Co., Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Antihypertensive Drugs Market Dynamics
Drivers
Restraints
Opportunity
4. Global Antihypertensive Drugs Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Antihypertensive Drugs Market Segmentation, By Drug Class
Global Antihypertensive Drugs Market Share Analysis, By Drug Class
Global Antihypertensive Drugs Market Growth Analysis, By Drug Class
Global Antihypertensive Drugs Market Trends, By Drug Class
o Diuretics
o Angiotensin-Converting Enzyme (ACE) Inhibitors
o Calcium Channel Blockers
o Beta-adrenergic Blockers
o Vasodilators
o Others
6. Global Antihypertensive Drugs Market Segmentation, By Distribution Channel
Global Antihypertensive Drugs Market Share Analysis, By Distribution Channel
Global Antihypertensive Drugs Market Growth Analysis, By Distribution Channel
Global Antihypertensive Drugs Market Trends, By Distribution Channel
o Hospital Pharmacies
o Retail Pharmacies
o Online Pharmacies
7. Global Antihypertensive Drugs Market Segmentation, By Region
Global Antihypertensive Drugs Market Share Analysis, By Region
Global Antihypertensive Drugs Market Growth Analysis, By Region
Global Antihypertensive Drugs Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Sun Pharmaceutical Industries Ltd. (Ranbaxy Laboratories) *
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
AstraZeneca plc
Lupin
Novartis AG.
Johnson & Johnson
SANOFI
Boehringer Ingelheim International GmbH
Daiichi Sankyo Company Limited
Pfizer Inc.
Merck & Co., Inc
*Similar analysis will be provided for each company listed above.