About Dilated Cardiomyopathy Therapeutic
Dilated cardiomyopathy is a significant cause of heart failure and a leading indication for heart transplants among children and adults across the globe. This condition is characterized by enlargement of the ventricular chamber, thinning of heart walls, and inability to sufficiently pump blood throughout the body. Dilated cardiomyopathy can develop at any age but is more common among people aged between 20 years to 60 years. Genetic inheritance is found to affect about 30% to 40% of the total DCM patients. This has led to significant growth of the global dilated cardiomyopathy therapeutics market in the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European and United States Players will contribute the maximum growth to Global Dilated Cardiomyopathy Therapeutic market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Zensun Shanghai Sci & Tech Co Ltd (China), Capricor Therapeutics, Inc.(United States), Vericel Corporation (United States), AstraZeneca plc. (United Kingdom), Pfizer Inc. (United States), t2cure GmbH (Germany), MyoKardia (United States), Janssen Pharmaceuticals, Inc. (Belgium), Merck & Co., Inc. (United States), Novartis International AG (Switzerland), Teva Pharmaceutical Industries Ltd (Israel) and Vericel Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Array BioPharma, Inc.(United States), Celladon Corporation (United States) and GlaxoSmithKline plc. (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Dilated Cardiomyopathy Therapeutic market by and Region.
On the basis of geography, the market of Dilated Cardiomyopathy Therapeutic 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). If we see Market by Drug Class, the sub-segment i.e. Aldosterone antagonists will boost the Dilated Cardiomyopathy Therapeutic market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Dilated Cardiomyopathy Therapeutic market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Incidence of Cardiovascular Diseases
Market Growth Drivers:
Rising Incidences of Congestive Heart Failure across the Globe and Increasing Number of People Suffering from Cardiac Muscle Infections, along with the Drug or Alcohol Abuse
Challenges:
High Cost Associated with Dilated Cardiomyopathy Therapeutic
Restraints:
Whereas the Side Effects of Dilated Cardiomyopathy Therapeutic
Opportunities:
Technological Advancement and Development in Dilated Cardiomyopathy Therapeutic
Market Leaders and their expansionary development strategies
In September 2023, Verily and Medtronic this strategic partnership focuses on advancing research and development in cardiovascular health, with potential applications for DCM diagnosis and treatment through AI and big data analysis.
In October 2023, Phase IIb trial Encouraging results from a Phase IIb clinical trial testing a gene therapy approach for DCM treatment were reported. This gene therapy targets a specific mutation linked to DCM and aims to improve heart function.
Key Target Audience
Dilated Cardiomyopathy Therapeutic Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.