Adrenergic Drug Market Trends

  • Report ID: 2541
  • Published Date: Nov 24, 2023
  • Report Format: PDF, PPT

Adrenergic Drug Market Trends

Growth Drivers

  • Surge in Prevalence of Cardiovascular Disease- According to the World Health Organization, on a worldwide scale cardiovascular diseases (CVDs) account for 17.9 million deaths every year, putting them as the leading cause of death. As a result, the demand for the adrenergic drug market is estimated to rise. An essential category of adrenergic drug referred to as beta-adrenergic blockers (β-blockers) is utilized for treating a variety of heart conditions, such as hypertension, angina pectoris, arrhythmias, thicker heart muscle (hypertrophic cardiomyopathy), and heart failure, which is caused by a reduced heart's ability to pump blood to the heart muscle and an irregular heartbeat. It has been confirmed that β-blockers lower the chance of dying from a heart attack or having another one in those who have already had one.
  • Rising Geriatric Population- The organs in your body age as well as people do. Numerous medical problems arise in old age as a result of this. About 76% of senior citizens have two or more chronic diseases, and nearly 91% have at least one. The cardiovascular system and blood vessels can alter with age, raising the risk of heart disease. Additionally, mental health deteriorates with age, precisely as physical health does. This indicates that at least one mental health disorder affects over 14% of those over the age of 60. Alzheimer's disease, sadness, and anxiety are prevalent among the elderly population. Therefore, the adrenergic drug market revenue is set to rise.
  • Growing Research & Development for the Launch of New Products- The pharmaceutical business all around the world creates various adrenergic medications each year that offer significant medicinal advantages. The risk for novel diseases emerging was recently brought to light by the COVID-19 pandemic. Both the treatment of emerging disease symptoms and immunization against the spread of emerging diseases necessitate the development of novel medications. Drugs that address the causes or symptoms of illnesses that have long been known about however were previously incurable can be developed when additional information is researched about the pathophysiology and metabolism of diseases. As a result, there has been surge in research & development activities for the launch of new medications.

Challenges

  • Side Effects of Adrenergic Drug - Variations in blood pressure and heart rate are among the most frequent side effects. Common side effects of selective binding to beta-1 receptors include hypertension, palpitations, and tachycardia. Anxiety and tachyarrhythmias can also be prevalent. Excessive dosages might cause harmful arrhythmias. Additionally, furthermore, caution has been advised while giving beta-2 agonists since patients ought to be watched for effects on the central nervous system, blood pressure, heart rate, and paradoxical bronchospasm. Additionally, angioedema, atrioventricular (AV) block, and hypersensitivity can happen when alpha-2 agonists are prescribed. Among the possible side effects of beta-1 agonists include tremors, migraines, and vomiting. Hence, the adrenergic drug market revenue is predicted to be restricted over the forecast period.
  • Lack of Approval for Adrenergic Drug by FDA
  • High Price of Adrenergic Drug

Adrenergic Drug Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 6%

Base Year Market Size (2023)

~ USD 3 Billion

Forecast Year Market Size (2036)

~ USD 9 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 2541
  • Published Date: Nov 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are surge in prevalence of cardiovascular disease, rising geriatric population, and growing research & development for the launch of new products.

The market size of adrenergic drug is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2024-2036.

The major players in the market are Pfizer, Inc., Novartis AG, GSK plc., AstraZeneca, and others.

The bronchodilators segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample