Angiotensin II Receptor Blocker Market Scope
Angiotensin II receptor blockers, also known as angiotensin II receptor antagonists, which are medications that block the action of angiotensin II by preventing angiotensin II from binding angiotensin II receptors on the muscles surrounding blood vessels. The Angiotensin II receptor blockers market has high growth prospects due to the maximum used for chronic kidney disease patients and reducing proteinuria. For instance, In U.S., 21% of the population with 6 to 19 years of age possesses a minimum of 1 abnormal cholesterol measure, consequently, the demand for blood pressure lowing drugs is on rise worldwide. So, the future for angiotensin II receptor blockers looks promising. Moreover, growth in vascular remodeling, cardiac safety and renal protection expected to fuel the growth of the Angiotensin II receptor blockers market during the forecasted period.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Daichii Sankyo (Japan), Lupin (Germany), Novartis (Switzerland), Abbvie (United States), Takeda (Japan), AstraZeneca (United Kingdom) and Zydus Cadila (United Kingdom) |
CAGR | % |
Global Angiotensin II Receptor Blocker is a consolidated market due to the presence of a few players. The players are focusing on investing more in R&D. Which will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions to help them sustain in the market and maintain their competitive edge. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Angiotensin II Receptor Blocker market throughout the predicted period.
Daichii Sankyo (Japan), Lupin (Germany), Novartis (Switzerland), Abbvie (United States), Takeda (Japan), AstraZeneca (United Kingdom) and Zydus Cadila (United Kingdom) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Angiotensin II Receptor Blocker market by Type , by Application (Hypertension, Cardiovascular risks, Kidney failure in diabetes and Chronic kidney diseases) and Region with country level break-up.
On the basis of geography, the market of Angiotensin II Receptor Blocker has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
In April 2022, Drug maker Lupin completed the acquisition of a portfolio of brands from Anglo-French Drugs & Industries Limited (AFDIL) and its associates. The acquisition will strengthen the company's India formulation business by adding a fast-growing portfolio of vitamins, minerals, supplements, and neurological products.
In June 2022, Global pharma major Lupin Limited (Lupin) announced that Lupin Diagnostics had launched its first Regional Reference Laboratory in Patna, Bihar. The new Regional Reference Laboratory at Patna has capabilities to conduct a broad spectrum of routine and specialized tests in the fields of molecular diagnostics, cytology, microbiology, serology, hematology, immunology, and routine biochemistry.
“According to U.S. Food and Drug Administration Regulations, it has posted a warning letter to Mylan Pharmaceuticals, Inc. in Chodavaram Village, Vizianagaram, Andhra Pradesh, India. Mylan manufactures valsartan active pharmaceutical ingredient (API) and has been one subject of an ongoing global investigation into nitrosamine impurities in angiotensin II receptor blockers (ARBs) such as valsartan, losartan and irbesartan.”
Angiotensin II Receptor Blocker Market Dynamics:
Attributes | Details |
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Trends Influencing Market | - Increasing Demand at Asia-Pacific Regions
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Key Restraints | - High Cost Associated with Angiotensin II Receptor Blocker.
- Increasing Commercial Availability Hamper the Patients
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Challenges | - Patents Expiry of Antihypertensive Drugs is Anticipated to Challenge the Market
- Loss of Exclusivity Leading to Increased Generic Competition
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Market Opportunities | - Technological Advancements such as Advanced Healthcare Infrastructure and Diagnosis Process.
- Upsurge Demand for Accurate Treatment Options
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Key Target Audience
Angiotensin II Receptor Blocker Manufacturers, Angiotensin II Receptor Blocker Provider, End-Use Market Participants of Different Segments of Angiotensin II Receptor Blocker, Government and Research Organizations, R&D Institutions and Others