The global cardiovascular drugs market is expected to continue its growth in the coming years due to increased prevalence of heart diseases and other cardiovascular-related diseases. With heart diseases and the number of diabetic patients on the rise, cardiovascular drugs market size is expected to expand, opening up new growth avenues for existing participating members and new market entrants.
Among the drugs used to treat cardiovascular diseases, the heart failure drugs market is one in particular expected to witness strong growth through 2022 due to the growing prevalence of chronic diseases such as diabetes. The lack of awareness and diabetes treatment facilities in regions like Africa is resulting in an increased number of diabetic patients. The diabetic population is increasing in countries such as the US, China, and India, which in turn, is driving the adoption rate of congestive heart failure drugs. Due to these factors, we forecast the global heart failure drugs market to grow at a CAGR of 10% between 2018-2022. Other insights provided within Technavio’s cardiovascular drugs market reports include:
Within our cardiovascular drugs industry research, we provide deep insights into the market landscape, its segments, and their market share. Our research experts segment this market by major cardiovascular disease types such as congenital heart disease, coronary artery disease, hypertension, heart failure, and more. The heart failure drugs segment, in particular, is witnessing strong growth owing to an increased number of diabetic patients, with the majority of the diabetic population being in countries such as the US, China, and India.
Within the cardiovascular drugs market, our research analysis focuses on the latest developments and clinical trials for cardiovascular drugs and the cardiovascular diseases in which they treat. Our areas of expertise include research areas such as:
We at Technavio, with our comprehensive understanding of the cardiovascular market, have been monitoring the latest industry trends to develop an in-depth portfolio of cardiovascular market reports that are based on a broad knowledge of this healthcare sphere. Our market research portfolio covers the following:
In addition to market research analysis of cardiovascular disease types, we also monitor and track the latest developments for clinical trials of cardiovascular drugs. Our cardiovascular drugs pipeline analysis reports cover the major developments for new and better drugs that will be used for the treatment various cardiovascular diseases including ischemic heart disease, stroke, peripheral vascular disease, heart failure, rheumatic heart disease, and congenital heart disease. In our recent pipeline analysis report for congenital heart disease, our research analysts predict that with the introduction of promising approaches for surgery or cardiac catheterization and heart transplantation, the global congenital heart disease market will witness growth in the over the next few years.
Technavio keeps itself abreast of the latest developments in the cardiovascular drugs pipeline by tracking clinical cardiovascular research trials across the globe. Trials for coronary artery disease, heart disease, and heart failure, are some of the most popular ongoing cardiovascular drugs clinical trials.
Cardiovascular drug clinical trials are used as a proving ground for developing new or better drugs and vaccines to treat cardiovascular diseases. Our cardiovascular clinical trials analysis encompasses all phases of development starting from discovery projects to phase 1, phase 2, and phase 3 of clinical trials, ending with the registration of new drugs.