Global Angiotensin Receptor Blockers (ARBs) Market Trends, Demand And Competitive Landscape Till 2032


Posted November 1, 2023 by SushmithaTBRC

The global angiotensin receptor blockers (ARBs) market size is expected to grow from $8.02 billion in 2022 to $8.30 billion in 2023 at a compound annual growth rate (CAGR) of 3.5%.

 
The Angiotensin Receptor Blockers (ARBs) Global Market Report 2023, provides comprehensive information on the angiotensin receptor blockers (arbs) market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Angiotensin Receptor Blockers (ARBs) Market’s Growth:
https://www.thebusinessresearchcompany.com/report/angiotensin-receptor-blockers-arbs-global-market-report

According to The Business Research Company's comprehensive Angiotensin Receptor Blockers (ARBs) Global Market Report for 2023, the anticipated trajectory of the market reveals a transition from its 2022 valuation of $8.02 billion to a projected $8.30 billion in 2023. This shift is underpinned by a steady compound annual growth rate (CAGR) of 3.5%. Notably, this growth is unfolding in the wake of global economic uncertainty wrought by the Russia-Ukraine conflict, which has disrupted the post-COVID-19 recovery efforts, particularly in the short term. This regional strife has catalyzed far-reaching economic sanctions, a surge in commodity prices, and substantial supply chain perturbations, thereby propagating inflationary pressures across various sectors and markets worldwide.

The global landscape for Angiotensin Receptor Blockers (ARBs) is poised for further expansion, with forecasts indicating a market size of $9.40 billion by 2027, driven by a relatively robust CAGR of 3.2%.

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https://www.thebusinessresearchcompany.com/sample_request?id=8943&type=smp

A salient trend within this industry is the impetus on product innovation, as major industry players actively pursue innovative solutions to bolster their market standing. Notably, in February 2021, Novartis AG, a distinguished Swiss pharmaceutical entity, introduced Entresto (sacubitril/valsartan). This revolutionary product garnered an expanded endorsement from the United States Food and Drug Administration (FDA) for its effectiveness in reducing the risk of cardiovascular death and hospitalization in adult patients grappling with chronic heart failure. It's worth noting that the clinical benefits of Entresto are most pronounced among patients exhibiting a lower-than-normal left ventricular ejection fraction (LVEF). Additionally, it is the solitary therapy in the United States designed to address patients with guideline-defined heart failure, encompassing both individuals with heart failure with reduced ejection fraction (HFrEF) and those afflicted with heart failure with preserved ejection fraction (HFpEF). This augments the therapeutic arsenal available to healthcare professionals, enhancing the prospects of better patient outcomes.

The angiotensin receptor blockers (arbs) market is segmented:
1) By Product: Valsartan, Telmisartan, Losartan, Irbesartan, Azilsartan, Olmesartan
2) By Application: Hypertension, Cardiovascular Diseases, Kidney Diseases, Other Applications
3) By End User: Hospitals, Specialty Clinics, Ambulatory Surgical Centers

North America was the largest region in the angiotensin receptor blockers (arbs) market in 2022.

The table of contents in TBRC’s angiotensin receptor blockers (arbs) market report includes
1. Executive Summary
2. Angiotensin Receptor Blockers (ARBs) Market Characteristics
3. Angiotensin Receptor Blockers (ARBs) Market Trends And Strategies
4. Angiotensin Receptor Blockers (ARBs) Market - Macro Economic Scenario
5. Angiotensin Receptor Blockers (ARBs) Market Size And Growth

.....

26. Africa Angiotensin Receptor Blockers (ARBs) Market
27. Angiotensin Receptor Blockers (ARBs) Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Angiotensin Receptor Blockers (ARBs) Market
29. Angiotensin Receptor Blockers (ARBs) Market Future Outlook and Potential Analysis
30. Appendix

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Last Updated November 1, 2023