SOURCE: MarketResearch.com

MarketResearch.com

April 02, 2012 05:08 ET

Market Research Forecasts Anti-Hypertensives Market at $33 Billion by 2017

ROCKVILLE, MD--(Marketwire - Apr 2, 2012) - MarketResearch.com has announced the addition of the new report "Anti-Hypertensives Market to 2017 - Patent Expiries of Blockbusters such as Diovan, Micardis, Avapro and Atacand to Accelerate Erosion," to their collection of Hypertension market reports. For more information, visit http://www.marketresearch.com/GBI-Research-v3759/Anti-Hypertensives-Patent-Expiries-Blockbusters-6871106/

GBI Research's analysis shows that the overall global anti-hypertensives market for two indications, hypertension and pulmonary arterial hypertension, was valued at $29.9 billion in 2010. It grew from $19.1 billion in 2002 at a CAGR of 5.8%.

The market is expected to witness a fluctuation due to patent expiries followed by generic erosion and the possible launch of novel molecules. The market is expected to witness comparatively slow growth with a CAGR of 1.2% between 2010 and 2017, to reach $32.6 billion in 2017.

A steady increase in the hypertension and PAH prevalence population and the use of fixed dose combination drugs will drive the growth of the anti-hypertensives market in the future. The market for hypertension market is expected to slow down due to patent expiries of major blockbuster drugs. Recent and upcoming patent expiries of drugs are the only barrier to the global anti-hypertensives market. However, the expected launch of novel molecules with disease modifying characteristics and better safety and efficacy will drive the market in the forecast period.

For more information, visit http://www.marketresearch.com/GBI-Research-v3759/Anti-Hypertensives-Patent-Expiries-Blockbusters-6871106/

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