Global Cardiovascular Drugs Market Analysis


  • Type: Therapeutics Area
  • Published : March 2021
  • Region: Worldwide
  • Country: Other
  • Report ID : 258

  • Format: PPT, PDF

Global Cardiovascular Drugs Market – Growth, Trends, And Forecasts (2019 – 2028)


Report Overview

The global cardiovascular drugs market size stood at USD 49.08 billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

The major factors driving the growth of the market are the rising global prevalence of various coronary heart diseases such as stroke, cardiomyopathy causing a global burden of cardiac deaths and favourable reimbursement initiatives. For instance, according to the Global Health and Wellness Report published in 2019, nearly 40% of the adult population in the United States were diagnosed with a cardiovascular condition in the United States which directly resulted in a higher demand for highly efficient and immediate treatment. Also, the ongoing research activities by key players to develop technologically advanced cardiovascular drugs with reduced side effects such as biosimilars, monoclonal antibodies and peptide therapies to save the life of the patients are expected to further boost the growth of the global cardiovascular drugs market revenue throughout the forecast period.


Market Drivers

The rise in global prevalence of cardiac disorders is a major market driver globally. The growing geriatric population worldwide is fuelling the number of cases diagnosed with heart disorders due to the high susceptibility of this population pool to developing cardiac diseases. The major lifestyle changes and habit like alcohol, smoking, drugs abuse and obesity does lead to increase in the cardiovascular problems in the people ultimately leading to the growth of cardiovascular disease drugs market.

Better reimbursement policies and awareness of the severity of cardiovascular diseases have affected the growth of cardiovascular disease market. There is increase in people consuming drugs as they do not have to pay for the drugs and this attracts more people to become aware and use their insurance policies for reimbursement of drugs.

1. Global Cardiovascular Drugs Market Overview………………………………………
A. Market Size
2. Market Growth Drivers………………………………………………………………….
A. Rise in Global Prevalence of Cardiac Disorders
B. Growing R&D Investments and Reimbursement Policies
3. Major Cardiovascular Diseases…………………………………………………………………
A. Hypertension
B. Hyperlipidemia
C. Coronary Artery Disease
D. Arrhythmia
E. Others
4. Cardiovascular Market Segmentation……………………………………………………
A. Drug Class
I. Anti-hyperlipidaemias
I. Anti-hypertensive
II. Anti-coagulants
III. Anti-arrhythmic
IV. Others
B. Distribution Channel
I. Hospital
II. Pharmacies
III. Others
C. Geography
I. North America Market Analysis
II. Europe Market Analysis
III. Asia-Pacific Market Analysis
IV. Middle-East and Africa Market Analysis
5. Cardiovascular Disease Major Drugs Market Share………………………………
A. Market Analysis, Insights and Forecast – By Drug Type
6. Competitive Landscape…………………………………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles…………………………………………………………………..
A. BMS Company overview, Product & Services, Strategies & Financials
B. Pfizer Company overview, Product & Services, Strategies & Financials
C. Novartis Company, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape……………………………………
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth…………………………………………………………
A. New Trends and Development of Cardiovascular drug market
B. Future Opportunities
10. Conclusion

Market Segmentation

By Drug Class:

The Anti-coagulants in the drug class segment are expected to hold the largest market share in the cardiovascular drugs market. This dominance is due to the increased use of these drugs in various cardiac indications owing to their ability to reduce the risk of stroke and blood clots in people with atrial fibrillation, deep vein thrombosis (DVT), and pulmonary embolism (PE). On the other hand, anti-arrhythmic drugs are expected to lose the market due to rise in the adoption of medical devices such as defibrillators and cardiac resynchronization therapy (CRT) pacemakers in recent years due to their automated acute hemodynamic response based on real-time changes in a patient’s cardiac condition. In contrast, anti-hypertensives are anticipated to witness the fastest growth in the forecast period due to rising awareness among the patients and their rapid use in prevention of severe complications such as stroke and myocardial infarction propelling the market growth across the forecast period.

By Disease Indication:

On the basis of disease indication, the global cardiovascular drugs market can be segmented into hypertension, hyperlipidemia, coronary artery disease, arrhythmia and others. The hypertension segment is anticipated to grow at a faster CAGR. This is primarily due to increasing prevalence of hypertension and large number of patients across the world.

By Distribution Channel:

On the basis of distribution channel, the market for cardiovascular drugs can be segmented into hospital pharmacies, retail pharmacies, online pharmacies, and others. The hospital pharmacies segment is anticipated to have the dominant share because these medications are often prescribed after a thorough diagnosis which is often conducted at these institutions.

By Region:

North America is expected to dominate the overall cardiovascular drug market throughout the forecast period. The major factors attributing to the growth are deskbound lifestyle lacking physical activity, lack of proper diet, anxiety, and stress resulting in chronic diseases such as diabetes & obesity leading to rising in the prevalence of multiple cardiovascular diseases like CAD, strokes and atrial fibrillation in the United States necessitated the efficient CVD treatment.

Top 5 Major Players

The cardiovascular drugs market is moderately competitive and consists of several major players. Few of the key players are developing the novel product and technologies to compete with the existing products while others are acquiring and partnering with the other companies trending in the market. Some of the companies which are currently dominating the market are C. H. Boehringer Sohn AG & Co KG, Amgen Inc, Baxter International Inc, Pfizer Inc, and Novartis AG.


Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

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Stage I: Market Data Collection

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Market Trends: We generally look at macro parameter and micro indicators. The macro parameters includes changes in government policies, demand and supply of the market, government intervention programs and major market share. The micro indicators GDP growth, market size, market volume etc. We also understand nuances specific to each country like US, Canada, India, Germany, etc. and have worked across 60+ countries and hence no only understand global trends, but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
  • Analyzing current needs and determining penetration to estimate market

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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