ACE inhibitors drug Market Overview
The ACE inhibitors drug market is predicted to develop at a compound annual growth rate (CAGR) of 5.92% from 2024 to 2033, when it is projected to reach USD 14.32 billion, based on an average growth pattern. The market is estimated to reach a value of USD 8.5 billion in 2024.
A class of drugs known as angiotensin-converting enzyme (ACE) inhibitors is frequently used to treat diseases such chronic renal disease, heart failure, and hypertension. They function by preventing the angiotensin-converting enzyme, an essential component of the renin-angiotensin-aldosterone pathway, from acting. Both blood pressure and fluid balance are controlled by this mechanism. By blocking ACE, these medications lessen the release of aldosterone, which causes vasodilation and decreased fluid retention, as well as the synthesis of angiotensin II, a strong vasoconstrictor. Consequently, ACE inhibitors are useful in the treatment of cardiovascular and renal diseases because they relax blood vessels, reduce blood pressure, and enhance heart function.
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A number of important reasons are driving the demand for ACE inhibitor drugs. First off, there is a greater need for efficient pharmaceutical therapies due to the increased global prevalence of cardiovascular illnesses, hypertension, and chronic kidney ailments. In addition, the number of patients in need of cardiovascular treatment is increasing due to the aging population. Increased market growth is fueled by the focus on preventative healthcare and awareness efforts. The development of innovative ACE inhibitors with improved efficacy and fewer side effects as a result of research and development advancements also helps to expand the market. In addition, the growing cost of healthcare and the ease with which medical services may be accessed in developing nations expand the market's potential and promote ongoing innovation and competitiveness.
Competitive Analysis
- GlaxoSmithKline
- Teva Pharmaceutical Industries Ltd.
- Lupin Limited
- Cipla
- Torrent Pharmaceuticals Ltd.
- Sun Pharmaceutical Industries Ltd.
- Macleods Pharmaceuticals Limited
- Zydus Cadila
- Mylan
- Sandoz
- Accord Healthcare
- Dr. Reddy's Laboratories Ltd.
- Cadila Healthcare Limited
- Novartis AG
- Pfizer Inc.
- Merck & Co.
- AstraZeneca
- Sanofi
- Boehringer Ingelheim
Global ACE inhibitors drug Market- Segmental Analysis
By Drug
- Lisinopril
- Ramipril
- Enalapril
- Benazepril
- Fosinopril
- Captopril
- Moexipril
- Others
By Application
- Heart Failure
- Hypertension
- Diabetes
- Heart Attack
- Chronic Kidney Disease
- Others
By Dosage Form
- Oral Tablets
- Oral Solution
By Distribution Channel
- Retail Pharmacy
- Hospital Pharmacy
- E-Commerce Websites
- Online Drug Stores
Summary:
- ACE inhibitors drug Market Forecast and Growth by Revenue | 2034
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by product, types, end-user, applications, segments, and geography
- Competitive Landscape – Top key players and other prominent vendors
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Key questions answered in this report:
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