Antihypertensive Drugs Market

Sample on Global Antihypertensive Drugs Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030

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Research Methodology

Methodology/Research Approach

Our research methodology implements a mix of primary as well as secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; government published documents, investor presentations, company annual reports, white papers, and paid databases.

Research Programs/Design

Market Size Estimation

Post the initial data mining stage, we gather our findings and analyse them, Wearable Patch/ Data Recordering out relevant insights. These are evaluated across teams and by our in-house Medical. Along with data mining, we also initiate the primary research phase in which we interact with companies operating within the market space.

To evaluate the wholeness of the market, we interact (via email or telephone) with players who are responsible in adding value to the final product. Additionally, we interact with related industries to understand the external factors that can drive/hamper a market. We also make it a point to evaluate various economic parameters, which typically, have an impact onthe purchasing choices of individuals as well as companies.

Post these stages, data are cross-verified with the companies that operate in a market space. It is important for us to study these companies in detail, to understand their existing performance and future strategies which will define the market in the coming years.

All this data is collected and evaluated by our analysts. Post the preparation of the report and data analysis, the findings are presented to our in-house experts who then eliminate discrepancies (if any).

 The key players in the industry and markets have been identified through extensive secondary research.

 The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.

 All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Source

Secondary Sources

In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg Business Week, and Factiva, have been referred to, for identifying and collecting

information for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; whitepapers, certified publications, and articles by recognized authors; gold standard and silver standard websites; regulatory bodies; trade directories; and databases.

List of secondary sources include but are not limited to:

 Academic Journals

 Census.gov

 Bloomberg

 Company Annual Report

 Hoovers

Preliminary data mining

Raw market data is obtained and collated on a broad front. Data is continuously Wearable Patch/ Data Reordered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.

Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Operation Industry Vertical dynamics with respect to drivers, restraints, pricing trends is also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.

Primary Sources

This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, on face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, Component providers, domain experts and buyers so as to ensure a holistic

and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation, but also provide critical insights into the market, current business scenario and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Operation Industry Vertical Participants (KIPs) which typically include:

 Market leading companies

 Raw material suppliers

 Operating System distributors

 Buyers

The key objectives of primary research are as follows:

 To validate our data in terms of accuracy and acceptability

 To gain an insight in to the current market and future expectations

Some of the KIPs are mentioned as below:

 Medtronic

 Olympus

 Otsuka Holdings Co., Ltd.

 Etcetera

 Others

Statistical model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, Component landscape, Sensor Type development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise.

Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of Component landscape, regulatory frameworks, economic outlook and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:

 Market drivers and restrains, along with their current and expected impact

 Raw material scenario and supply v/s price trends

 Regulatory scenario and expected developments

 Current capacity and expected capacity additions up to 2026

We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.

Data Triangulation

Contrive Datum Insights also leverages three Industry Verticals of data triangulation approaches as follows:

Data Triangulation Techniques

Data Source

•

Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023

Contrive Datum Insights data modeling tool is an in-house developed tool, which is based on the fundamental Top Down and Bottom Up approach.

Bottom Up Approach

Primary: Demand & Supply Side Experts

Secondary: Annual Reports, Presentations, Press Releases, Journals, Paid Databases, and A2Z Market Research database

Primary: Demand and Supply Side Experts

Secondary: Annual Reports, Presentations, Press Release, Journals, Paid Databases, and A2Z Market Research database

Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis

2023

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub segment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying several factors and trends from both the demand and supply sides.

Top Down Approach

Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023

Report Objectives

 To define, describe, and forecast the {Keyword} Market by segments, and region

 To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market

 To analyze the sub-segments with respect to individual growth trends, prospects, and contributions to the total market

 To analyze opportunities in the market for stakeholders and provide the competitive landscape of the market

 To forecast the revenues of the market segments with respect to the major regions, such as North America, Europe, Asia Pacific (APAC), Middle East & Africa and South America.

 To profile the key players and comprehensively analyze their recent developments and positioning in {Keyword} market.

Top-Down

 To analyze competitive developments, such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities, in the market

Market Overview

Market Synopsis

Antihypertensive drugs are used to treat high blood pressure. There are different types of antihypertensive drugs on the market. These help lower blood pressure. Some remove excess fluid and salt from the body, while others help relax and dilate blood vessels or slow the heart rate. A person responds better to one drug than another, with fewer side effects. Some patients require more than one antihypertensive drug to lower blood pressure. Hypertension is defined as a long-term medical condition characterized by persistently elevated blood pressure in the arteries. Antihypertensive drugs are used to treat patients with high blood pressure also known as hypertension. High blood pressure is a serious condition with serious complications such as heart attack, heart failure, and dementia. Therefore, hypertension requires early diagnosis and treatment. Some medications used to treat high blood pressure include diuretics, ACE inhibitors, and vasodilators.

Antihypertensive Drugs market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Antihypertensive Drugs market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we considered the impact of COVID-19 and the RussianUkraine war.

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Market Dynamics

The growth of the hypertension drugs market is driven by major factors, namely increase in incidents of hypertension across the globe. Populations affected by diabetes, advancements in technology, and increasing aging population are the major aspects driving the growth of the global hypertension drugs market. Furthermore, increasing health expenditure, rise in cardiovascular diseases, and rise in tobacco users are driving the growth of the market.

According to WHO (World Health Organization) statistics, more than 1.13 billion people worldwide suffer from high blood pressure, of which only 1 out of every 5 people is cured or controlled. The major reasons for the growth of the hypertension drugs market are unhealthy diet, frequent alcohol consumption, lack of physical activity, and smoking. Hypertension may be a major cause of ischemic and hemorrhagic stroke and coronary heart disease. The World Health Organization also states that high blood pressure is one of the silent killers and one of the greatest public health concerns in the 21st century. Hypertension accounts for 12.8% of all deaths recorded globally, meaning 7.5 billion people

died from high blood pressure or high blood pressure. In 2008, the global prevalence of hypertension in adults >25 years old was about 40%. Furthermore, in 2008, uncontrolled high blood pressure increased from 600 million cases to 1 billion due to dramatic population growth, specifically aging populations. In Africa, the prevalence of hypertension is more than 40%, while in North America it is lower at 35%.

Regional Outlook:

The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.

In terms of region, North America accounted for a major share of the antihypertensive drugs market in 2018 and is expected to continue this trend in the near future owing to the easy availability of antihypertensive drugs. Furthermore, surging incidence of hypertension and rising geriatric population significantly contribute to the growth of the market in this region. However, Asia Pacific is expected to witness the highest growth over the forecast period owing to surging awareness related to the use of antihypertensive drugs. Moreover, the growing life sciences industry drives the market growth in developing economies such as India, China, and Malaysia.

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Market Scope

The market has been segmented as follows:

Antihypertensive Drugs Market by Types:

 Primary Hypertension

 Secondary Hypertension

Therapy Type

 Diuretics

 Angiotensin Converting Enzyme Inhibitors

 Angiotensin Receptor Blockers

 Beta-blockers

 Vasodilators

 Calcium Channel Blockers

 Renin Inhibitors

 Alpha-blockers

 Others

Medication Type

 Monotherapy

 Combination Therapy

 Fixed Dose Combinations

Antihypertensive Drugs Market by Applications:

 Retail Pharmacy

 Hospital Pharmacy

 E-commerce Websites & Online Drug Stores

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