Hypertrophic cardiomyopathy (HCM) is a disease of the heart muscles (myocardium) in which thickening of myocardium causes functional impairment. It is a genetic condition caused by mutation in one or more genes and is hereditary in nature. According to the European Society of Cardiology, prevalence of HCM was between 0.05% and 0.2% of the population in 2013.

A study published in BioMed Central in 2010 stated that there was no significant gender and age range differences in the prevalence of HCM. Prevalence of HCM is higher among African-Americans compared to other races. The global hypertrophic cardiomyopathy therapeutics market was valued at USD 1,216.3 million in 2014 and is projected to reach USD 1,378.4 million by 2023, expanding at a CAGR of 1.4% during the forecast period.

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The rising prevalence of chronic cardiovascular diseases, increased awareness about hypertrophic cardiomyopathy, and the growing demand for effective treatments options are the key factors fueling the hypertrophic cardiomyopathy therapeutics market. However, technological upgradation in devices such as pacemakers and defibrillators hampers the demand for hypertrophic cardiomyopathy drugs.

In order to provide readers with a clear understanding of the structure, scope, and dynamics of the hypertrophic cardiomyopathy therapeutics market, the report segments the overall market based on drug class and geography.

On the basis of drug class, the hypertrophic cardiomyopathy therapeutics market is categorized into calcium channel blockers, anticoagulants, beta adrenergic blocking agents, and antiarrhythmic agents. By revenue, calcium channel blockers held the largest share in 2014 and this trend is likely to continue through 2023 with the segment expanding at a 1.80% CAGR during that time. By demand, beta adrenergic blocking agents dominated the market given that they are the first choice for treatment of obstructive and non-obstructive hypertrophic cardiomyopathy.

On the basis of geography, the global hypertrophic cardiomyopathy therapeutics market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Accounting for over 30.0% of the overall market in 2014, the US emerged as the leading regional segment of the hypertrophic cardiomyopathy therapeutics market, with Europe following suit.

Both these markets are fueled by the rising obese population, availability of modern healthcare infrastructure, high awareness about hypertrophic cardiomyopathy, and sedentary lifestyle among the youth. Asia Pacific is projected to be the fastest developing regional segment of the hypertrophic cardiomyopathy therapeutics market by 2023 owing to development of healthcare infrastructure, increased prevalence of the cardiac ailments and complications, and growing awareness.

An interesting feature of the report on the hypertrophic cardiomyopathy therapeutics market is its assessment of the vendor landscape. Major competitors are identified and examined in detail. Some of the key players competing in the global hypertrophic cardiomyopathy therapeutics market are Gilead Sciences, Inc., Astra Zeneca plc, Novartis AG, Mylan N.V., Concordia Healthcare Corp., Teva Pharmaceutical Industries Ltd., Pfizer, Inc., Sanofi S.A., and Merck & Co., Inc. These competitors are profiled in the report based on attributes such as company and financial overview, product portfolio, recent developments, and business strategies.

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