The global hypertension drugs market is estimated to grow at a CAGR of 3.3% during the forecast period from 2024 to 2030. The demand for hypertension drugs is primarily being boosted by the growing prevalence of hypertension, the rising number of obese and overweight individuals, growing awareness of high blood pressure and related consequences, and rising cases of psychiatric comorbidities associated with uncontrolled hypertension among others further contributing in the overall growth of the hypertension drugs market during the forecast period from 2024-2030.
Hypertension is the major risk factor for cardiovascular diseases particularly coronary heart disease and stroke and also for diseases like chronic kidney disease, heart failure, arrhythmia, and dementia. So with the increasing prevalence of hypertension, the risk for other deadly diseases is going to increase and therefore will increase the need for hypertension drugs to avoid worse health outcomes.
The rising cases of psychiatric comorbidities such as depression, anxiety disorders, and others responsible for uncontrolled hypertension are likely to drive the market for hypertension drugs. According to WHO 2022, worldwide around 280 million people were suffering from depression in 2019.
The increasing number of overweight and obese individuals worldwide is another factor stimulating the growth of the hypertension drugs market. According to the World Obesity Federation 2022, it has been predicted that by 2030 about 1 billion people around the world, including 1 in 5 women and 1 in 7 men, will be living with obesity. Obese and overweight individuals are always at increased risk for hypertension and other lifestyle-related disorders.
However, side effects associated with hypertension drugs and an increasing number of hypertension drug recalls may restrict the growth of the hypertension drug market.
The COVID-19 pandemic had a significant impact on the growth of the hypertension drugs market. This was owing to lockdown impositions as a measure to prevent the spread of COVID-19 infection which led to a halt in manufacturing, processing, supply, distribution, import, export, and other related activities of the hypertension drugs market. The patients with hypertension were not on priority leading to a lack of doctor visits and fewer prescriptions for hypertension drugs. Nevertheless, the hypertension drugs market is in a recovery phase owing to the resumption of activities across all the sectors including healthcare and pharmaceutical, and due to the rise in the number of overweight and obese individuals post-pandemic, thereby providing ample opportunities for the hypertension drugs to grow at significant revenue during the forecast period.
In the pharmacological class segment of the hypertension drugs market, the angiotensin-converting enzyme (ACE) inhibitors category is expected to amass a significant revenue share in the year 2023. This can be ascribed to the role of ACE inhibitors in the management of high blood pressure.
ACE inhibitors work by inhibiting the action of the angiotensin-converting enzyme which is involved in the production of angiotensin II, a substance responsible for the release of hormones such as aldosterone and norepinephrine and causing the narrowing of blood vessels leading to high blood pressure.
These medications help relax the veins and arteries to lower blood pressure. ACE inhibitors widen or dilate the blood vessels leading to improvement in the amount of blood flow and lowering of blood pressure. They allow the heart to work less strenuously to pump blood and help protect the kidney from any kind of damage due to hypertension.
For example, captopril (CAPOTEN) is an ACE inhibitor that is indicated for the treatment of hypertension. It works by causing the relaxation of blood vessels so that blood flows more easily.
Therefore, considering the advantages associated with angiotensin-converting enzyme inhibitors (ACE) and their growing popularity, this product category is expected to generate considerable revenue thereby pushing the overall growth of the global hypertension drugs market during the forecast period.
As per the Centers for Disease Control and Prevention 2023, between 2017 and March 2020 about 48.1% of US adults aged 18 and above were suffering from hypertension. As per the same source around 56.8 million people visited physician's offices with essential hypertension as the primary diagnosis.
The above-mentioned source further stated that the number of visits to emergency departments with essential hypertension as the primary diagnosis was about 1.0 million in 2020 in the United States.
The increasing number of obese and overweight individuals in the region is going to accelerate the growth of the hypertension drugs market. As per data provided by the National Health and Nutrition Examination Survey (NHANES) (2023), the prevalence of obesity in 2020 was 41.9% in the US. Obesity is one of the major risk factors for hypertension.
Also, advanced product launches with numerous products receiving regulatory approval are further expected to fuel the market of hypertension drugs in the United States. For example, in August 2022, Alembic Pharma received the US Food and Drug Administration for chlorthalidone tablets indicated for the treatment of high blood pressure.
Hence, the above-mentioned factors are going to propel the growth of the hypertension drugs market in the region.
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Hypertension Drugs Market Dynamics:
As per the World Health Organization 2022, the number of individuals aged 30-79 years suffering from hypertension increased from 650 million in 1990 to 1.28 billion in 2019. As per the same source, in 2019, over 1 billion people with hypertension lived in low- and middle-income countries with Dominican Republic, Jamaica, and Paraguay recording the highest prevalence for hypertension in females while Hungary, Paraguay, and Poland had the highest rates of hypertension for males.Hypertension is the major risk factor for cardiovascular diseases particularly coronary heart disease and stroke and also for diseases like chronic kidney disease, heart failure, arrhythmia, and dementia. So with the increasing prevalence of hypertension, the risk for other deadly diseases is going to increase and therefore will increase the need for hypertension drugs to avoid worse health outcomes.
The rising cases of psychiatric comorbidities such as depression, anxiety disorders, and others responsible for uncontrolled hypertension are likely to drive the market for hypertension drugs. According to WHO 2022, worldwide around 280 million people were suffering from depression in 2019.
The increasing number of overweight and obese individuals worldwide is another factor stimulating the growth of the hypertension drugs market. According to the World Obesity Federation 2022, it has been predicted that by 2030 about 1 billion people around the world, including 1 in 5 women and 1 in 7 men, will be living with obesity. Obese and overweight individuals are always at increased risk for hypertension and other lifestyle-related disorders.
However, side effects associated with hypertension drugs and an increasing number of hypertension drug recalls may restrict the growth of the hypertension drug market.
The COVID-19 pandemic had a significant impact on the growth of the hypertension drugs market. This was owing to lockdown impositions as a measure to prevent the spread of COVID-19 infection which led to a halt in manufacturing, processing, supply, distribution, import, export, and other related activities of the hypertension drugs market. The patients with hypertension were not on priority leading to a lack of doctor visits and fewer prescriptions for hypertension drugs. Nevertheless, the hypertension drugs market is in a recovery phase owing to the resumption of activities across all the sectors including healthcare and pharmaceutical, and due to the rise in the number of overweight and obese individuals post-pandemic, thereby providing ample opportunities for the hypertension drugs to grow at significant revenue during the forecast period.
Hypertension Drugs Market Segment Analysis:
Hypertension Drugs Market by Pharmacological Class (Beta-Blockers, Diuretics, Angiotensin Converting Enzyme (ACE) Inhibitors, Angiotensin II Receptor Antagonists, Renin Inhibitors, and Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World)In the pharmacological class segment of the hypertension drugs market, the angiotensin-converting enzyme (ACE) inhibitors category is expected to amass a significant revenue share in the year 2023. This can be ascribed to the role of ACE inhibitors in the management of high blood pressure.
ACE inhibitors work by inhibiting the action of the angiotensin-converting enzyme which is involved in the production of angiotensin II, a substance responsible for the release of hormones such as aldosterone and norepinephrine and causing the narrowing of blood vessels leading to high blood pressure.
These medications help relax the veins and arteries to lower blood pressure. ACE inhibitors widen or dilate the blood vessels leading to improvement in the amount of blood flow and lowering of blood pressure. They allow the heart to work less strenuously to pump blood and help protect the kidney from any kind of damage due to hypertension.
For example, captopril (CAPOTEN) is an ACE inhibitor that is indicated for the treatment of hypertension. It works by causing the relaxation of blood vessels so that blood flows more easily.
Therefore, considering the advantages associated with angiotensin-converting enzyme inhibitors (ACE) and their growing popularity, this product category is expected to generate considerable revenue thereby pushing the overall growth of the global hypertension drugs market during the forecast period.
North America is expected to dominate the overall Hypertension Drugs Market:
Among all the regions, North America is estimated to account for the largest share of the hypertension drugs market in the year 2023. Owing to the significance of key growth factors such as the increasing cases of hypertension, the escalating number of obese and overweight individuals in the region, sophisticated healthcare infrastructure, and fast regulatory approval for new products among others in the region the market for hypertension drugs is expected to grow during the forecast period.As per the Centers for Disease Control and Prevention 2023, between 2017 and March 2020 about 48.1% of US adults aged 18 and above were suffering from hypertension. As per the same source around 56.8 million people visited physician's offices with essential hypertension as the primary diagnosis.
The above-mentioned source further stated that the number of visits to emergency departments with essential hypertension as the primary diagnosis was about 1.0 million in 2020 in the United States.
The increasing number of obese and overweight individuals in the region is going to accelerate the growth of the hypertension drugs market. As per data provided by the National Health and Nutrition Examination Survey (NHANES) (2023), the prevalence of obesity in 2020 was 41.9% in the US. Obesity is one of the major risk factors for hypertension.
Also, advanced product launches with numerous products receiving regulatory approval are further expected to fuel the market of hypertension drugs in the United States. For example, in August 2022, Alembic Pharma received the US Food and Drug Administration for chlorthalidone tablets indicated for the treatment of high blood pressure.
Hence, the above-mentioned factors are going to propel the growth of the hypertension drugs market in the region.
Hypertension Drugs Market Key Players:
Some of the key market players operating in the hypertension drugs market include Pharmanovia, Boehringer Ingelheim Ltd., DAIICHI SANKYO COMPANY, LIMITED, Lupin, Novartis AG, Merck & Co., Inc., Pfizer Inc., Sanofi, Noden Pharma DAC, Bayer, Zydus Cadila, Alembic Pharmaceuticals Limited, Astellas Pharma Inc., Dr. Reddy’s Laboratories Ltd., Hanmi Pharm. Co., Ltd., Mankind Pharma, GLENMARK PHARMACEUTICALS LTD., Ajanta Pharma, and others.Recent Developmental Activities in the Hypertension Drugs Market:
- In December 2022, Glenmark received the US FDA approval for the high blood pressure medicine Nicardipine Hydrochloride.
- In September 2022, Lupin announced the launch of Sildenafil for oral suspension, indicated for the treatment of pulmonary arterial hypertension.
Key Takeaways from the Hypertension Drugs Market Report Study
- Market size analysis for current hypertension drugs market size (2023), and market forecast for 6 years (2024-2030)
- The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the Hypertension drugs market.
- Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
- Key companies dominating the global hypertension drugs market.
- Various opportunities available for the other competitor in the hypertension drugs market space.
- What are the top-performing segments in 2023? How these segments will perform in 2030?
- Which are the top-performing regions and countries in the current hypertension drugs market scenario?
- Which are the regions and countries where companies should have concentrated on opportunities for hypertension drugs market growth in the coming future?
Target Audience who can be benefited from this Hypertension Drugs Market Report Study
- Hypertension drugs providers
- Research organizations and consulting companies
- Hypertension drugs- related organizations, associations, forums, and other alliances
- Government and corporate offices
- Start-up companies, venture capitalists, and private equity firms
- Distributors and Traders dealing in hypertension drugs
- Various End-users who want to know more about the hypertension drugs market and the latest innovations and developments in the hypertension drugs market.
Frequently Asked Questions for the Hypertension Drugs Market:
1. What are hypertension drugs?
Hypertension drugs are medications meant for the treatment and management of patients suffering from hypertension. These medications lower blood pressure if lifestyle changes are not enough to bring one’s blood pressure to the target level.2. What is the market for global hypertension drugs?
The global hypertension drugs market is estimated to grow at a CAGR of 3.3% during the forecast period from 2024 to 2030.3. What are the drivers for the global hypertension drugs market?
The growth of the hypertension drugs market is primarily being boosted by the increasing number of patients with hypertension, the surge in cases of psychiatric comorbidities worsening hypertension, and rising awareness campaigns on hypertension, among other factors that are contributing to the overall growth of the hypertension drugs market during the forecast period from 2024-2030.4. Who are the key players operating in the global hypertension drugs market?
Some of the key market players operating in the hypertension drugs market include Pharmanovia, Boehringer Ingelheim Ltd., DAIICHI SANKYO COMPANY, LIMITED, Lupin, Novartis AG, Merck & Co., Inc., Pfizer Inc., Sanofi, Noden Pharma DAC, Bayer, Zydus Cadila, Alembic Pharmaceuticals Limited, Astellas Pharma Inc., Dr. Reddy’s Laboratories Ltd., Hanmi Pharm. Co., Ltd., Mankind Pharma, GLENMARK PHARMACEUTICALS LTD., and others.5. Which region has the highest share in the hypertension drugs market?
North America is expected to dominate the overall hypertension drugs market during the forecast period from 2024-2030. Factors such as the increasing number of obese and overweight individuals, the rising prevalence of hypertension, sophisticated healthcare infrastructure, regulatory approval for new products, and high awareness are driving the growth of the hypertension drugs market in the region.This product will be delivered within 2 business days.
Table of Contents
1. Hypertension Drugs Market Report Introduction6. COVID-19 Impact Analysis on Hypertension Drugs Market9. KOL Views10. Project Approach11. About the Publisher12. Disclaimer
2. Hypertension Drugs Market Executive Summary
3. Regulatory Analysis
4. Hypertension Drugs Market Key Factors Analysis
5. Hypertension Drugs Market Porter’s Five Forces Analysis
7. Hypertension Drugs Market Layout
8. Hypertension Drugs Market Company and Product Profiles
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Pharmanovia
- Boehringer Ingelheim Ltd.
- DAIICHI SANKYO COMPANY, LIMITED
- Lupin
- Novartis AG
- Merck & Co., Inc.
- Pfizer Inc.
- Sanofi
- Noden Pharma DAC
- Bayer
- Zydus Cadila
- Alembic Pharmaceuticals Limited
- Astellas Pharma Inc.
- Dr. Reddy’s Laboratories Ltd.
- Hanmi Pharm. Co., Ltd.
- Mankind Pharma
- GLENMARK PHARMACEUTICALS LTD