DUBLIN, July 18, 2023 /PRNewswire/ -- The "Calcium Channel Blocker Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global calcium channel blocker market is poised for significant growth, projected to reach $14.66 billion in 2023 with a compound annual growth rate (CAGR) of 6.6%.
The market is expected to expand further to $18.60 billion in 2027, at a CAGR of 6.1%. Major players in the calcium channel blocker market include Pfizer Inc., GSK Plc., Novartis AG, Bausch Health Companies Inc., Lupin Pharmaceuticals Inc., Zydus Group, Covis Pharma BV, Mylan NV, Glenmark Pharmaceuticals Inc., Amneal Pharmaceuticals LLC, and Sofgen Pharmaceuticals, among others.
Calcium channel blockers are drugs that inhibit the entry of calcium into the muscle cells of the heart and blood vessels. They are used to treat various disorders, including high blood pressure, angina, and irregular heartbeats.
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The market for calcium channel blockers includes various drug types such as dihydropyridine, benzothiazepine, phenylalkylamine, and others. These drugs are indicated for conditions such as hypertension, chest pain, and arrhythmias, administered through oral, parenteral, and other routes of administration. They are used in hospitals, homecare, specialty clinics, and other end-user settings.
Product innovation is a key trend in the calcium channel blocker market, with major companies focusing on developing innovative solutions to maintain their market position.
In June 2022, CMP Pharma launched Norliqva, the first oral liquid solution of the besylate salt of amlodipine, a long-acting calcium channel blocker. This unique solution provides a convenient option for hypertension treatment in patients aged 6 and older, eliminating the challenges associated with crushing or synthesizing amlodipine tablets. In September 2021, Azurity Pharmaceuticals acquired Arbor Pharmaceuticals to expand their portfolio of calcium channel blocking agents, catering to the needs of patients with underserved diseases.
North America was the largest region in the calcium channel blocker market in 2022. The report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and the USA.
The increasing prevalence rate of cardiovascular diseases is expected to drive the growth of the calcium channel blocker market. These diseases affect the heart or blood vessels and calcium channel blockers are used to lower the risk of heart failure and stroke. The rising prevalence of cardiovascular diseases will lead to an increased demand for calcium channel blockers.
The market for calcium channel blockers includes sales of amlodipine, nicardipine, isradipine, diltiazem, and verapamil drugs. The market value represents the revenues gained by manufacturers or creators of goods through sales, grants, or donations within the specified market and geography.
Key Topics Covered:
1. Executive Summary
2. Calcium Channel Blocker Market Characteristics
3. Calcium Channel Blocker Market Trends And Strategies
4. Calcium Channel Blocker Market - Macro Economic Scenario
4.1. COVID-19 Impact On Calcium Channel Blocker Market
4.2. Ukraine-Russia War Impact On Calcium Channel Blocker Market
4.3. Impact Of High Inflation On Calcium Channel Blocker Market
5. Calcium Channel Blocker Market Size And Growth
5.1. Global Calcium Channel Blocker Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Calcium Channel Blocker Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Calcium Channel Blocker Market Segmentation
6.1. Global Calcium Channel Blocker Market, Segmentation By Drug Class, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Dihydropyridine
- Benzothizepine
- Phenylalkylamine
- Other Drug Classes
6.2. Global Calcium Channel Blocker Market, Segmentation By Disease Indications, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hypertension
- Chest Pain
- Arrhythmias
6.3. Global Calcium Channel Blocker Market, Segmentation By Route Of Administration, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Oral
- Parenteral
- Other Route Of Administration
6.4. Global Calcium Channel Blocker Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hospitals
- Homecare
- Specialty Clinics
- Other End Users
7. Calcium Channel Blocker Market Regional And Country Analysis
7.1. Global Calcium Channel Blocker Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Calcium Channel Blocker Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/jh9t0u
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