The global hypertension market is expected to witness huge growth in the forecast period. According to the World Health Organization statistics, more than 1.13 billion people are suffering from hypertension worldwide. Among them, only 1 in each five is cured or under control. Rising cases of hypertension and other cardiovascular diseases boost the hypertension market. It is used to prevent or improve symptoms in people with abnormal coronary heart rhythm, chest ache, coronary heart assaults, coronary heart failure, migraine, and kinds of tremors. COVID-19 also had a major impact on market growth.
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Data Bridge Market Research analyses a growth rate in the global hypertension market in the forecast period 2022-2029. The expected CAGR of the global hypertension market is tend to be around 4.00% in the mentioned forecast period. The market was valued at USD 30.76 billion in 2021, and it would grow up to USD 42.10 billion by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Hypertension or elevated blood pressure that causes severe medical conditions significantly increases the risks of heart, brain, and kidney diseases. Blood pressure is denoted as two numbers: systolic blood pressure, which represents pressure in blood vessels when the heart contracts or beats, and diastolic blood pressure, which represents the pressure in the vessels when the heart rests between beats. The normal blood pressure is 120/80 mm Hg.
As per the American College of Cardiology, older adults are mostly undertreated for high blood pressure, despite having the maximum incidence of hypertension and the highest risk of CV morbidity and mortality (B.P.). According to the National Health and Nutrition Examination Survey (NHANES) records in the U.S., hypertension affects 70% of persons over 65. As our population ages, this figure will continue to rise. In 2014, 15% of the U.S. population was 65 years old, which is expected to rise to 20% by 2050. This will create more opportunities for market growth as the demand for blockers increases.
North America has been witnessing positive growth for the global hypertension market throughout the forecasted period due to the increased R & D activities in the industry and higher healthcare expenditure in this region. Asia-Pacific dominates the market due to the increased prevalence of hypertension diseases and the increasing geriatric population.
Top key players operating in the Hypertension Market are F. Hoffmann-La Roche Ltd (Switzerland), Fresenius Kabi AG (Germany), Bayer AG (Germany), Sun Pharmaceutical Industries Ltd (India), Novartis AG (Switzerland), Mylan N.V. (U.S.), Teva Pharmaceutical Industries Ltd (Israel), Zydus Group (India), Pfizer Inc (U.S.), Lupin (India), GSK Plc (U.K.), Glenmark Pharmaceuticals Inc (India), Wockhardt (India) among others.
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