Global Polypill Products Market Overview:
Despite significant medical developments in the prevention and treatment of cardiovascular diseases (CVDs), the use of life-saving medicines in low- and middle-income countries (LMICs) is insufficient, and falls short of the optimal level in high-income countries (HICs). The use of three to four vital drugs (aspirin, beta-blockers, diuretics, statins, and ACE inhibitors) will significantly reduce CVD-related mortality, especially in secondary prevention. Combining these medicines (all of which are available as cost-effective generic substitutes) into a single medicine – known as a 'fixed dosage combination' (FDC) or polypill – may increase affordability, access to care, and patient adherence to drug regimens, as well as ease physician medication prescribing. The use of a polypill as the main method of CVD prevention has been suggested as a broad "vaccination" approach to treat asymptomatic persons purely dependent on age or the involvement of risk factors.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Prevalence of Chronic Diseases and Cardiovascular Disorders
- Technical Progress in Healthcare Technology
- High R&D Investments in Pharmaceutical Industry
Roadblocks
- Lack of Trained Professionals
- Skewed Player Distribution
Opportunities
- Increasing Demand in Emerging Regions
Challenges
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are Pfizer, Inc. (United States), AstraZeneca plc (United Kingdom), Merck & Co., Inc. (United States), Janssen Pharmaceuticals, Inc. (Johnson & Johnson) (Belgium), Dr. Reddy’s Laboratories Ltd. (India), Cipla, Inc. (India), Cadila Pharmaceuticals (India), Grupo Ferrer International, S.A. (Spain), Gebro Pharma GmbH (Austria) and Gilead Sciences, Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Takeda Pharmaceutical Company Limited. (Japan) and Jardine Pharmaceuticals (India). Analyst at AMA Research see Global Players to retain maximum share of Global Polypill Products market by 2027. Considering Market by Form, the sub-segment i.e. Capsules will boost the Polypill Products market. Considering Market by Distribution Channel, the sub-segment i.e. Hospital Dispensary will boost the Polypill Products market.
Latest Market Insights:
In 2022, Dr. Reddy’s Laboratories Ltd.announced that it has acquired a portfolio of branded and generic injectable products from Deer Park, Illinois based-Eton Pharmaceuticals, Inc.
In 2022, AstraZeneca announced that an additional drug application for Lynparza (olaparib) in combination with bevacizumab has been approved and has received Priority Review for the treatment of ovarian cancer in the United States.
What Can be Explored with the Polypill Products Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Polypill Products Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Polypill Products
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Polypill Products market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Polypill Products market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Polypill Products Manufactures, New Entrants and Investors, Polypill Products Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.