Aneurysmal subarachnoid hemorrhage (aSAH) is a condition in which brain aneurysm ruptures, resulting in bleeding in the subarachnoid space. In severe cases, bleeding may cause brain damage, which leads to paralysis, coma, or even death. The National Institutes of Health (NIH) stated that aSAH is a global health concern, with high fatality and permanent disability rates.
The main symptoms of aSAH include severe headache, nausea, vomiting, stiff neck, photophobia, blurred vision, loss of consciousness, and seizures. The diagnosis process of aSAH includes computed tomography (CT), lumbar puncture, angiogram, and magnetic resonance imaging (MRI).
The major factors that drives the global aSAH market are rise in prevalence of diseases such as stroke & hypertension, and surge in geriatric population. In addition, lifestyle that include increase in alcohol consumption and smoking increase risk of aSAH, which, in turn, stimulates the market growth. However, associated side effects of drugs and medication consumed during the treatment of aSAH restrain the market growth. Furthermore, increase in awareness regarding the treatment of aSAH is expected to provide numerous opportunities for the market growth in future.
The aSAH market is segmented on the basis of drug class and region. On the basis of drug class, the market is segmented into opioid analgesics, calcium channel blockers, anticonvulsants, stool softeners, osmotic agents/diuretics, and other drugs. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Depending on drug class, the calcium channel blocker segment dominated the market and is expected to continue this trend during the forecast period, owing to increasing prevalence rate of cardiovascular diseases, changing lifestyle and hypertension. Rising assistance to people with anxiety disorders or bipolar disorder is also expected to help in the growth of the aneurysmal subarachnoid hemorrhage drugs market. In addition, increase patient awareness level, availability of the treatment options and vulnerable geriatric population are some of the influencing factors propelling the growth of the calcium channel blocker aSAH drugs market.
Region wise, North America dominated the market in 2020, owing to favorable healthcare infrastructure, which facilitated access to advanced aSAH drugs. In addition, government initiatives, including the Precision Medicine and Affordable Care Act, along with well-planned reimbursement policies contributed to the market growth in North America. Moreover, surge in awareness among people and high purchasing parity increase demand for these devices. However, Asia-Pacific is expected to witness considerable market growth during the forecast period, due to rise in government support to enhance healthcare infrastructure. Economic developments in countries, including India and China, with higher disposable incomes fuel the product demand.
The major players operating in the global aSAH drugs market are Azurity Pharmaceuticals, Johnson & Johnson, MediCure, NeurOp, Orexo AB, Pfizer, Inc., Pharmaxis, Ltd., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., and Vitrais, Inc. These players adopted product launch, collaboration, and merger & acquisition as their key developmental strategies.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current aSAH drugs market trends, estimations, and dynamics of the aneurysmal subarachnoid hemorrhage drugs market analysis from 2020 to 2030 to identify the prevailing aneurysmal subarachnoid hemorrhage drugs market opportunities.
- The aSAH Drugs Market analysis research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the aneurysmal subarachnoid hemorrhage drugs market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global aSAH drugs industry trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Drug Class
- Calcium Channel Blocker
- Anticonvulsant
- Stool Softener
- Osmotic Agents/Diuretics
- Other Drugs
- Opioid Analgesic
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Turkey
- South Africa
- Rest of LAMEA
Key Market Players
- Azurity Pharmaceuticals
- Johnson and Johnson
- medicure
- NeurOp
- orexo ab
- Pfizer, Inc.
- Pharmaxis, Ltd.
- Sun Pharmaceutical Industries Ltd.
- teva pharmaceutical industries ltd.
- Vitrais, Inc
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Table of Contents
Executive Summary
According to this report titled, 'Aneurysmal Subarachnoid Hemorrhage Drugs Market,' the aneurysmal subarachnoid hemorrhage drugs market size was valued at $323.51 million in 2020, and is estimated to reach $456.31 million by 2030, growing at a CAGR of 3.6% from 2021 to 2030.Aneurysmal subarachnoid hemorrhage (aSAH) is a type of stroke, which is caused by bleeding in subarachnoid space of the brain. Major reasons for aneurysmal subarachnoid hemorrhage include brain aneurysm, arteriovenous malformation, or head injury.
Rise in the cases of berry aneurysm, high blood pressure, drug use, and rise in geriatric population are the major factors that contribute to the growth of the market. Moreover, increase in prevalence of hypertension and stroke boost the market growth. ASAH is prevalent among higher age group mostly in women. The population is predicted to encounter numerous severe disorders with increase in age, which include stroke and cerebral aneurysms. Hence, surge in geriatric population is expected to fuel the growth of aSAH Drugs Market size across globe throughout the forecast period.
Medication or drugs used during treatment of aSAH prevent blockages in the brain; however, they have certain side effects. For instance, nimodipine is a key drug that reduces chances of secondary cerebral ischemia, which is one of the major complications of subarachnoid hemorrhage. However, this drug has certain side effects, which include flushing, feeling sick, increasing heart rate, headaches, and rash. This factor is expected to impede growth of the aSAH market.
Subarachnoid hemorrhage (SAH) is a type of stroke, which is caused by a ruptured aneurysm, arteriovenous malformation (AVM), or head injury. One-third of the total patients survive with good recovery, another one-third survive with a disability, and remaining one-third die before receiving medical attention of total patient base of subarachnoid hemorrhage. Despite widespread availability of modern diagnostic and treatment modalities, many patients fail to reach specialized centers until hours or days following hemorrhage. Thus, there is a need to create general awareness among primary and community physicians about optimal diagnostic and therapeutic maneuvers in patients with suspected SAH. Campaigns that include brain aneurysmal awareness month are expected to create lucrative opportunities for the growth of the aSAH drugs market.
The aSAH drugs market share in this report is studied on the basis of drug class and region. On the basis of drug class, the market is classified into opioid analgesic, calcium channel blocker, anticonvulsants, stool softeners, osmotic agents/diuretics, and other drugs. The calcium channel blocker segment dominated the market and is expected to continue this trend during the forecast period, owing to increasing prevalence rate of cardiovascular diseases, changing lifestyle and hypertension. Rising assistance to people with anxiety disorders or bipolar disorder is also expected to help in the growth of the aneurysmal subarachnoid hemorrhage drugs market. In addition, increase patient awareness level, availability of the treatment options and vulnerable geriatric population are some of the influencing factors propelling the growth of the calcium channel blocker aSAH drugs market.
Region wise, North America dominated the market in 2020, owing to favorable healthcare infrastructure, which facilitated access to advanced aSAH drugs. In addition, government initiatives, including the Precision Medicine and Affordable Care Act along with well-planned reimbursement policies contributed to the market growth in North America. Moreover, surge in awareness among people and high purchasing parity resulted in increase in demand for these devices. However, Asia-Pacific aSAH Drugs Industry is expected to witness considerable market growth during the forecast period, due to rise in government support to enhance healthcare infrastructure. Economic developments in countries, including India and China with higher disposable incomes fuel the demand for the products.
Companies Mentioned
- Azurity Pharmaceuticals
- Johnson and Johnson
- medicure
- NeurOp
- orexo ab
- Pfizer, Inc.
- Pharmaxis, Ltd.
- Sun Pharmaceutical Industries Ltd.
- teva pharmaceutical industries ltd.
- Vitrais, Inc
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 180 |
Published | March 2022 |
Forecast Period | 2020 - 2030 |
Estimated Market Value ( USD | $ 323.51 million |
Forecasted Market Value ( USD | $ 456.31 million |
Compound Annual Growth Rate | 3.5% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |