LONDON--(BUSINESS WIRE)--Technavio has been monitoring the cardiovascular therapeutics market and it is poised to grow by USD 16.19 billion during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- Based on segmentation by product, which is the leading segment in the market?
The antihypertensive drugs segment is expected to be the leading segment in the global market during the forecast period.
- What is a major trend in the market?
The advent of novel oral anticoagulants (NOACs) is a major growth factor for the market.
- At what rate is the market projected to grow?
Growing at a CAGR of over 4%, the incremental growth of the market is anticipated to be USD 16.19 billion during the forecast period.
- Who are the top players in the market?
- Astellas Pharma Inc., Eli Lilly and Co., GlaxoSmithKline Plc, Johnson & Johnson Services Inc., Merck & Co. Inc., Mylan NV, Pfizer Inc., Sanofi, Sun Pharmaceutical Industries Ltd., and Teva Pharmaceutical Industries Ltd. are some of the major market participants.
- What is the key market driver?
Increasing use of advanced diagnostics is the major factor driving the market.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Astellas Pharma, Inc., Eli Lilly and Co., GlaxoSmithKline Plc, Johnson & Johnson Services Inc., Merck & Co., Inc., Mylan NV, Pfizer Inc., Sanofi, Sun Pharmaceutical Industries Ltd., and Teva Pharmaceutical Industries Ltd. are some of the major market participants. The increasing use of advanced diagnostics will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Cardiovascular Therapeutics Market 2020-2024: Segmentation
Cardiovascular Therapeutics Market is segmented as below:
- Antihypertensive Drugs
- Hypolipidemic Drugs
- Antithrombotic Drugs
- Other Drugs
- North America
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Cardiovascular Therapeutics Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The cardiovascular therapeutics market report covers the following areas:
- Cardiovascular Therapeutics Market Size
- Cardiovascular Therapeutics Market Trends
- Cardiovascular Therapeutics Market Analysis
This study identifies the advent of novel oral anticoagulants (NOACs) as one of the prime reasons driving the cardiovascular therapeutics market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Cardiovascular Therapeutics Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist cardiovascular therapeutics market growth during the next five years
- Estimation of the cardiovascular therapeutics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the cardiovascular therapeutics market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of cardiovascular therapeutics market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Antihypertensive drugs - Market size and forecast 2019-2024
- Hypolipidemic drugs - Market size and forecast 2019-2024
- Antithrombotic drugs - Market size and forecast 2019-2024
- Other drugs - Market size and forecast 2019-2024
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- Asia - Market size and forecast 2019-2024
- ROW - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Advent of novel oral anticoagulants (NOACs)
- Identification of new pathogenic targets
- Strong incidence of coronary heart disease (CHD)
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Astellas Pharma, Inc.
- Eli Lilly and Co.
- GlaxoSmithKline Plc
- Johnson & Johnson Services Inc.
- Merck & Co., Inc.
- Mylan NV
- Pfizer Inc.
- Sun Pharmaceutical Industries Ltd.
- Teva Pharmaceutical Industries Ltd.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.