This report covers the 7MM (US, France, Germany, Italy, Spain, UK, Japan) and provides an Excel-based forecast model for the heart failure market through 2032.
GlobalData estimates sales of HF therapeutics to be approximately $13.5 billion across the 7MM in 2022. By 2032, GlobalData expects the HF market to grow at a strong compound annual growth rate (CAGR) of 9.6%, reaching sales of $33.7 billion by the end of the forecast period.
Major drivers of HF market growth over the forecast period are the -
- Anticipated expanded indication for Bayer's Kerendia (finerenone)
- Launch of several oral and injectable agents
- Increase in the global prevalence of chronic HF
Major barriers that will restrict the growth of the HF market during the forecast period are the -
- High price of recently developed HF therapies
- General reluctance of cardiologists and other physicians to adopt and prescribe new HF therapies
- Widespread use of generic HF drugs, making it difficult for high-priced branded therapies to penetrate the market
Scope
- Overview of heart failure, including epidemiology, symptoms, diagnosis, and disease management.
- Annualized heart failure therapeutics market revenue, cost of therapy per patient, and treatment usage patterns forecast from 2022 to 2032.
- Key topics covered include strategic competitor assessment, market characterization, unmet needs, clinical trial mapping, and implications of these factors for the heart failure therapeutics market.
- Pipeline analysis: comprehensive data assessing emerging trends and mechanisms of action under development for heart failure treatment. The most promising candidates in late-stage development are profiled.
- Analysis of the current and future market competition in the global heart failure therapeutics market. Insightful review of the key industry drivers, restraints and challenges. Each trend is independently researched to provide qualitative analysis of its implications.
Reasons to Buy
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