Global Pulmonary Arterial Hypertension Market, by Drug Type (Endothelin Receptor Antagonists (ERAs), Phosphodiesterase-5 (PDE-5) Inhibitors, Soluble Guanylate Cyclase (sGC) Stimulators, Prostacyclin Analogue, Calcium Channel Blockers, and Others), by Route of Administration (Oral, Inhaled, Intravenous, and Subcutaneous), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 5,821.90 million in 2018, and is expected to exhibit a CAGR of 5.9%, over the forecast period (2019-2027), as highlighted in a new report published by Coherent Market Insights.
Increasing incidence of chronic
lung or heart problems are expected to drive growth of the pulmonary arterial
hypertension market over the forecast period. For instance, according to the
Centers for Disease Control and Prevention (CDC), in 2014, in the U.S. an
estimated prevalence of one or two cases of pulmonary hypertension occurs in
every 1 million U.S. population. Centers for Disease Control and Prevention
(CDC), also reports that idiopathic pulmonary hypertension exist about 40.0% of
all the cases, whereas the prevalence of the disease among patients with
systemic sclerosis is about 10.0%, with sickle cell disease is about 3.0%, and
among HIV patients is 0.5%. Furthermore, the Centers for Disease Control and
Prevention (CDC), states that the disease is 2-4 times more frequent among
women than men, which majorly diagnosed at the age of around 45 years old.
Major players are focused on drug
launches and regulatory approvals, which is expected to propel the market
growth over the forecast period. For instance, in September 2019, United
Therapeutics received the New Drug Application (NDA) approval by the U.S. Food
and Drug Administration (FDA), for the drug, Trevyent. Trevyent is a drug
device combination product, which comprise PatchPump technology that enables
treprostilin administration by subcutaneous route. Moreover, in October 2019,
United Therapeutics received an approval from the U.S. Food and Drug
Administration (FDA) for Orenitram, treprostilin tablets. The tablets are
expected to delay the progression of pulmonary arterial hypertension disease.
* The sample copy includes: Report Summary, Table of
Contents, Segmentation, Competitive Landscape, Report Structure, Methodology.
Request a sample copy
of this report: https://www.coherentmarketinsights.com/insight/request-sample/203
Browse 39 Market Data Tables and
25 Figures spread through 163 pages and in-depth TOC on 'Pulmonary Arterial
Hypertension Market’- global forecast to 2027, by Drug Type (Endothelin
Receptor Antagonists (ERAs), Phosphodiesterase-5 (PDE-5) Inhibitors, Soluble
Guanylate Cyclase (sGC) Stimulators, Prostacyclin Analogue, Calcium Channel
Blockers, and Others), by Route of Administration (Oral, Inhaled, Intravenous,
and Subcutaneous), by Distribution Channel (Hospital Pharmacies, Retail
Pharmacies, and Online Pharmacies), and by Region (North America, Latin
America, Europe, Asia Pacific, Middle East, and Africa)'
North America is expected to hold
a dominant position in the pulmonary arterial hypertension market, owing to
rising cases of pulmonary arterial hypertension and ongoing development and
regulatory approvals for the associated drugs, which in turn is expected to
fuel growth of the regional market over the forecast period. For instance,
according to the CVS Health, the article published in April 2018 reports that
pulmonary arterial hypertension is considered as a deadly disease, which
affects between 10,000 and 20,000 people in the U.S. and it affects women
mostly. According to the same source, pulmonary arterial hypertension is a
progressive condition, if remained untreated, around 70% of patients may
survive for a year after diagnosis and only about one-third make it to 5 years.
Moreover, several major players
in the market are focusing on developing and gaining regulatory approvals of
the product, which is expected to facilitate growth of the market over the
forecast period. For instance, in March 2019, the U.S. Food & Drug Administration
approved the very first generics drug for pulmonary arterial hypertension
(PAH), Ambrisentan (Letairis).
Browse Research
Report: https://www.coherentmarketinsights.com/market-insight/pulmonary-arterial-hypertension-pah-market-203
Key Takeaways of the Pulmonary
Arterial Hypertension Market:
The global pulmonary arterial
hypertension market is expected to exhibit a CAGR of 5.9% over the forecast
period, owing to rising cases that leads to pulmonary arterial hypertension
which includes, congestive heart failure, pulmonary embolism, and others. For
instance, according to the American College of Cardiology Foundation published
an article Heart Disease and Stroke Statistics-2019, a report from the American
Heart Association, which states that around 6.2 million U.S. adults had heart
failure (HF) in 2013-2016, whereas, in 2014, atrial fibrillation and pulmonary
embolism was the principal diagnosis in approximately 454,000 and 178,000
respectively in U.S. hospitalizations.
Among drug type, endothelin
receptor antagonists (ERAs) segment held a dominant position in the pulmonary
arterial hypertension market in 2018, owing to the FDA approvals, which is
expected to propel the market growth. For instance, in September 2017, the U.S.
Food & Drug Administration (FDA) approved Tracleer (bosentan) for the
treatment of pediatric pulmonary arterial hypertension (PAH). This drug is approved
for the pediatric patients aged 3 years and older with idiopathic or congenital
PAH to improve pulmonary vascular resistance (PVR).
Companies operating in the global
pulmonary arterial hypertension market include United Therapeutics Corporation,
GlaxoSmithKline plc, Novartis AG, AstraZeneca, Bayer AG, Merck KGaA, Pfizer
Inc., Gilead Sciences, Inc., Actelion Pharmaceuticals Ltd, Arena
Pharmaceuticals, and Daiichi Sankyo Company, Limited
Buy-Now this research
report: https://www.coherentmarketinsights.com/insight/buy-now/203
About
Coherent Market Insights:
Coherent
Market Insights is a prominent market research and consulting firm offering
action-ready syndicated research reports, custom market analysis, consulting services,
and competitive analysis through various recommendations related to emerging
market trends, technologies, and potential absolute dollar opportunity.
Contact
Us:
mailto:sales@coherentmarketinsights.com
U.S.
Office:
Name: Mr. Shah
Coherent
Market Insights 1001 4th Ave,
# 3200
Seattle, WA 98154, U.S.
US : +1-206-701-6702
UK : +44-020-8133-4027
JAPAN : +050-5539-1737
No comments:
Post a Comment