Global Anti-hypertensive Drugs Market Size

Anti-hypertensive Drugs Market Analysis

The anti-hypertensive drugs market is expected to register a CAGR of 4.5% during the forecast period (2021 to 2026).

The COVID-19 outbreak had a significant impact on people with hypertension. Also, due to lockdown and other restrictions imposed by governements to curb the spread of the infection from the Covid-19 virus, the lifestyle of patients with hypertension was severely impacted. As per the study titled "COVID-19 in Patients with Hypertension" published in Advances in Experimental Medicine and Biology in July 2021, hypertension individuals who have COVID-19 have an increased risk of mortality that is at least two times higher; nevertheless, renin-angiotensin-aldosterone system (RAAS) inhibitors that have been offer protection for this subgroup of patients which in turn expected to boost the growth of the anti-hypertensive drugs market.

One of the leading factors responsible for the growth of the anti-hypertensive drugs market is the rising prevalence of hypertension among people around the world. The major known causes of hypertension are kidney diseases, diabetes, obstructive sleep apnea, and other cardiovascular diseases due to which the prevalence of hypertension has been observed a significant rise over the past few years. Also, some drugs can induce hypertension in patients with other diseases or disorders which in turn is expected to promote the growth of the studied market. As per the updated May 2021 data from the World Health Organization, about 1.13 billion people around the world have hypertension, of which two-third are living in low- and middle-income countries. In the report published in June 2020 titled 'A Global View on Prevalence of Hypertension and Human Development Index' to determine the relationship between the prevalence of hypertension and human development index (HDI) concluded that the prevalence of hypertension ranged from 35% to 41% among 182 countries around the world. Thus, the rising prevalence of hypertension is expected to drive the growth of the anti-hypertensive drugs market.

Certain other factors that will boost the growth of the anti-hypertensive drugs market include growing initiatives by private and government organizations and rising awareness about hypertension around the around. For instance, in May 2022, Glenmark Pharmaceuticals conclude the hypertension awareness symbol backed by the Association of Physicians of India (API) and Hypertension Society of India (HIS). Additionally, in May 2022, Namya Smile Foundation (NSF) organized an awareness campaign in India related to hypertension among people. The organization conducted a camp and checked the blood pressure and made them aware of various aspects of high blood pressure.

Whereas factors such as expiration of patent of multiple major drugs along with side effects associated with the hypertension treatment and rise in the availability of other non-pharmacological based therapy will restrict the growth of the anti-hypertensive drugs market. For Instance, In December 2021, AbbVie, the parent company of Allergan, lost the patent of its anti-hypertensive drug, Bystolic (Nebivolol). Nebivolol is a beta blocker used to treat high blood pressure and heart failure. Additionally, market participants frequently introduce new products and use a variety of growth tactics in their particular segments, which is likely to spur market expansion. For Instance, in December 2021, Dr Reddy's Laboratories has launched Valsartan tablets, used for treatment of high blood pressure and heart failure, in the United States market. The Valsartan tablet is the generic therapeutic equivalent of Diovan, approved by the United States Food and Drug Administration (USFDA). Similarly, in November 2021, Otsuka Pharmaceutical Co., Ltd. reported that Novartis Pharma K.K. (Novartis Pharma) has obtained approval in Japan for ENTREST 100 mg and 200 mg Tablets (generic name: sacubitril valsartan sodium hydrate) for the new indication of hypertension. This approval is Japan's first of an ARNI for the indication of hypertension.

Thus, all aforementioned factors expected to boost the market growth over the forecast period, However, multiple major drug patent expiration expected to hamper the market growth.