Market Overview:
Carvedilol is a non-selective adrenergic blocker used in clinically stable individuals to treat diseases like hyper tension (High blood pressure), heart failure with reduced ejection fraction (HFrEF), angina and left ventricular dysfunction after a myocardial infarction (MI).
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Novartis AG (Switzerland), AstraZeneca plc (United Kingdom), GlaxoSmithKline plc (United Kingdom), Bristol-Myers Squibb (United States), Mylan N.V. (United States), Johnson & Johnson (United States), Bayer AG (Germany), Merck & Co., Inc. (United States), Ranbaxy (India) and Amgen Inc. (United States) |
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 |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Carvedilol drug Market Study:
Novartis AG (Switzerland), AstraZeneca plc (United Kingdom), GlaxoSmithKline plc (United Kingdom), Bristol-Myers Squibb (United States), Mylan N.V. (United States), Johnson & Johnson (United States), Bayer AG (Germany), Merck & Co., Inc. (United States), Ranbaxy (India) and Amgen Inc. (United States)
Carvedilol drug Market Segment Analysis
Scope | Sub-Segments |
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Disease | Atrial Fibrillation,High Blood Pressure,Left ventricular dysfunction,Heart Failure,Angina,Others |
Host | Injectable,Oral { Capsule, tablet, syrup and other) |
Distribution channel | Hospital pharmacies,Retail pharmacies,Online pharmacies |
Influencing Trend:
Growing demand of hyper-tension disease capsules.
Market Growth Drivers:
Rising Number of Cardiovascular Diseases (Cvds) Patients. and Increasing Number of Patients Suffering From Hypertension (High Blood Pressure).
Challenges:
Use of Carvedilol For Patients Who Already Suffering From Any Disease
Restraints:
The Patients Who Suffering from Diseases such as Asthma, Bronchitis, and Emphysema Should Not Take Carvedilol. and Side Effects of Overdose.
Opportunities:
Increasing Influence of Generic Drugs.
Some of the other players that are also part of study are Sanofi (France) and Kopran Limited (India). The Global Carvedilol drug market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In February 2019- Amgen Inc. Cytokinetics and Servier launched a treatment of heart failure with METEORIC-HF, the Second Phase 3 Clinical Trial of Omecamtiv Mecarbil.
Through the successful completion of a merger between its indirect wholly-owned subsidiary, Medusa Merger Corporation ("Purchaser"), and the Company, with the Company surviving the merger, Novartis AG completed the acquisition of The Medicines Company
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Carvedilol drug 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 into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Carvedilol drug market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the 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 Pharmaceutical industries, Carvedilol drug manufactures, Government & Regulatory Bodies, Hospitals and Carvedilol drug suppliers.
This helps us to gather the data for the 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 include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.