What is Ambrisentan Drug Market?
Ambrisentan is basically an orally active type A selective endothelin receptor antagonist that is hereby indicated for the treatment of pulmonary arterial hypertension. It has been approved in Europe, Canada, and the United States for being used as a single agent for improving exercise ability as well as delay clinical deterioration. In addition to all these, it has also been approved in the US for being used in the combination with tadalafil so as to reduce the risk of hospitalization, disease progression, and improvement in exercising capacity. Ambrisentan consumption can further lead to a high risk of liver damage and can also cause birth defects if a woman becomes pregnant while taking it. In the United States, prescribers and patients taking it must enroll in a special program called the LETAIRIS Education and Access Program (LEAP) so as to learn more about the risks associated with the consumption of the drug. Ambrisentan is only available in specialty pharmacies.
The market study is being classified and major geographies with country level break-up.
Mylan S.A.S. (United States), Gilead Sciences, Inc. (United States), Glaxo Smith Kline Limited (United Kingdom), Cipla Inc. (India), Par Pharmaceutical, Inc. (United States), Sigmapharm Laboratories, LLC (United States), Sun Pharmaceutical Industries, Inc. (India), Cadila Healthcare Limited (India), Exelan Pharmaceuticals, Inc. (United States), Actavis Pharma, Inc. (United States) and Hansoh Pharma (China) are some of the key players profiled in the study.
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. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Ambrisentan Drug market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Ambrisentan Drug market by Type, Application and Region.
On the basis of geography, the market of Ambrisentan Drug 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rapid Urbanization and Globalization, Human Health Is Being Adversely Affected
- Change In Lifestyle and Elevated Stress Levels
Market Trend
- Rising Awareness about Mental Health
- Huge Funding In R&D and Various Initiatives by Government
Restraints
- Relative Side Effects by the Use of Ambrisentan Drugs
Opportunities
- Growing Improvements and Developments across the Healthcare Industry
- Improved Awareness among People Regarding Hypertension and Its Available Treatment Options
Challenges
- Availability of Alternative Therapies
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Ambrisentan Drug, Suppliers and Distributors of Ambrisentan Drug, Venture Capitalists and Private Equity Firms and End-Use Industry