Global Candesartan Market Overview:
Candesartan belongs to a class of drugs called angiotensin receptor blockers (ARBs). It works by relaxing blood vessels so blood can flow more easily. Candesartan is used to treat hypertension (high blood pressure). Lowering high blood pressure helps prevent strokes, heart attacks, and kidney problems. This medication is also used to treat heart failure. These factors are driving the growth of the global candesartan market.
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) |
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 |
Influencing Trend:
Increasing Demand at Asia-Pacific Regions
Market Growth Drivers:
High Incidence of Target Diseases Such as Highblood Pressure, and Others and Increasing Customer's Awareness of Health Consciousness
Challenges:
Various Side Effects of the Candesartan
Restraints:
Increasing Commercial Availability Hamper the Patients
Opportunities:
Technological Advancements such as Advanced Healthcare Infrastructure and Diagnosis Process and Upsurge Demand for Accurate Treatment Options
Competitive Landscape:
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.
Some of the key players profiled in the report are Bayer AG (Germany), Alvogen (United States), Ahn-Gook Pharmaceutical Co., Ltd. (South Korea), GlaxoSmithKline plc (United Kingdom), Tocris Bioscience (United Kingdom), Abmole (United States), Merck KGaA (Germany), AstraZeneca (United Kingdom), ANI Pharmaceuticals (United States) and Shenzhen HEC Industrial Development Co., Ltd. (China). Additionally, following companies can also be profiled that are part of our coverage like Mylan N.V. (United States) and Cadila Healthcare (India). Analyst at AMA Research see European Players to retain maximum share of Global Candesartan market by 2028. Considering Market by Doses, the sub-segment i.e. 4 mg will boost the Candesartan market. Considering Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Candesartan market. Considering Market by End User, the sub-segment i.e. Adult will boost the Candesartan market.
In August 2022, Bayer launched its drug finer enone to treat chronic kidney disease associated with type-2 diabetes in India. The drug, touted as a potential blockbuster drug for the German pharmaceutical firm
This medication is not recommended for use in children younger than 1 year by the FDA.due to the increased risk of side effects.
What Can be Explored with the Candesartan Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Candesartan Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Candesartan
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 Candesartan 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 Candesartan 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 Candesartan Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other.
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.