Market Size of Calcium Channel Blocker Industry
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.10 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Calcium Channel Blocker Market Analysis
The Calcium Channel Blocker Market is expected to register a CAGR of 5.1% during the forecast period.
The pandemic had a significant effect on market growth. For instance, the research study from Nature Journal published in January 2022 reported that anxiety related to the COVID-19 pandemic was linked to a temporary rise in the morning sleep blood pressure (SBP) among older patients and increased risk of cardiovascular events throughout the 1-year follow-up. As a result, continuous blood pressure monitoring became necessary both during and after the pandemic, which increased the demand for calcium channel blockers. Additionally, several projects involving blood pressure were initiated in 2020-21 to improve and support blood pressure. For example, the American Heart Association received USD 32 million in December 2020 through a series of cooperative agreements with the United States Department of Health and Human Services for a national initiative to improve COVID-19-related health outcomes by reducing high blood pressure among racial and ethnic populations, who have higher rates of high blood pressure and are at increased risk for COVID-19 and severe chronic conditions such as heart disease. Thus, the market had a significant impact on the market studied. However, currently, the market studied has reached its pre-pandemic stage in terms of demand for the products and is believed to witness strong growth in coming years.
The increasing prevalence rate of cardiovascular diseases and changing lifestyles of people are expected to boost the calcium channel blocker market growth.
Various research studies have been published to provide insight into calcium channel blockers. For instance, according to a research study by PubMed published in May 2022, calcium channel blockers (CCBs) like amlodipine significantly increase the therapeutic responses to gemcitabine in orthotopic xenografts and transgenic models of pancreatic ductal adenocarcinoma by inhibiting prosurvival Epidermal Growth Factor Receptor (EGFR). Therefore, the use of calcium channel blockers is increasing in orthopedic xenografts.
Hypertension, often referred to as elevated blood pressure, is one of the major causes associated with heart disease. Increasing heart disease is another factor in market growth. For instance, according to a news release issued by Boehringer Ingelheim GmbH in August 2021, heart failure is a chronic, incapacitating cardio-renal-metabolic disease that affects about 60 million individuals or more worldwide. As the prevalence of heart failure continues to rise, new therapeutic options are desperately needed. As a result, there was a global demand for the pharmaceuticals available to treat hypertension, which fueled the rise of the market under investigation. Thus, the abovementioned factors are expected to increase the market growth.
However, product recalls in recent years may hinder the market growth.
