SEATTLE, Aug. 23, 2022 /PRNewswire/ -- According to Coherent Market Insights, the global calcium channel blocker drugs market is estimated to be valued at US$ 14,285.3 million in 2022 and expected to exhibit a CAGR of 5.2% over the forecast period (2022-2030).
Key Trends and Analysis of the Global Calcium Channel Blocker Drugs Market:
Increasing approval of drug by regulatory authority is expected to drive the market growth during the forecast period.
For instance, Azurity Pharmaceuticals, a biopharmaceutical company received the U.S. food and drug administration approval for its Katerzia (amlodipine) Oral Suspension, 1 mg/mL for the treatment of hypertension in adults and pediatric patients older than 6 years.
Furthermore, launches of calcium channel drug is also expected to witness significant growth of the market. For instance, in 2016, Ajanta Pharma limited, a pharmaceutical company engaged in development, manufacturing and marketing of quality finished dosages, launched amlodipine and olmesartan medoxomil tabled in the U.S. market for the treatment of high blood pressure.
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Key Market Takeaways:
The global calcium channel blocker drugs market is expected to exhibit a CAGR of 5.2% over the forecast period, owing to increasing prevalence of cardiovascular disease. For instance, according to the Centers for Disease Control and Infection, in July 2022, heart disease in leading cause of the death in men, women and around 697,000 people died from the heart disease in 2020 in the U.S.
Among region, North America is expected to exhibit a high growth rate in the global calcium channel blocker drugs market during the forecast period, owing to the presence of major key player in the North America such as. Bausch Health, Mylan N.V. and Pfizer Inc.
Key players operating in the global calcium channel blocker drugs market include Bausch Health, Mylan N.V., Teva Pharmaceutical Industries Ltd, Lupin, Arbor Pharmaceuticals, GlaxoSmithKline Plc, Biopharma, Sofgen Pharmaceuticals, Glenmark Pharmaceuticals Inc., Amneal Pharmaceuticals, Sun Pharmaceutical Industries Ltd, Novartis AG, Zydus Cadila and Pfizer Inc,
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Detailed Segmentation:
Global Calcium Channel Blocker Drugs Market, By Drug Class:
- Benzothizepine
- Dihydropyridine
- Phenylalkylamine
Global Calcium channel blocker drugs market, By Disease Indication:
- Hypertension
- Chest Pain
- Arrhythmias
- Others (Blood vessel conditions, Coronary Artery Disease etc.)
Global Calcium Channel Blocker Drugs Market, By Distribution Channel:
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
Global Calcium Channel Blocker Drugs Market, By Region:
- North America
- By Country:
- U.S.
- Canada
- Europe
- By Country:
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country:
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- By Country:
- GCC Countries
- Israel
- South Africa
- Rest of Middle East & Africa
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