Cardiometabolic Drugs Market Size

Cardiometabolic Drugs Market size was valued at USD 53.05 Billion in 2023 and is expected to reach USD 114.55 Billion by the end of 2036, registering around 6.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of cardiometabolic drugs is evaluated at USD 56.29 Billion. The major factor for market growth is the growing chronic diseases among the population owing to the adoption of unhealthy lifestyles, reduced physical activity, and increased consumption of packaged along with junk food. As cardiometabolic drugs are efficient in treating such diseases, their high prevalence is expected to drive market growth. As per the data released by the Centers for Disease Control and Prevention (CDC), six out of ten Americans are diagnosed with at least one chronic disease such as heart disease and stroke, cancer, and diabetes. 

The growth of the market can be attributed to factors, such as growing awareness toward the development of novel drugs to minimize the side effects, and escalating demand for drugs to treat cardiometabolic diseases. Some of the cardiometabolic diseases are non-alcoholic liver diseases, heart stroke or attack, insulin resistance, diabetes, and others. In addition, the prevalence of a large pool of a large number of patients owing to the changing lifestyle coupled with the escalation in the usage rate of biomarkers for diagnostic and risk assessment procedures is estimated to propel market growth in the upcoming years. Moreover, the rising focus on developing novel and advanced medicine to treat diseases with reduced side effects is considered to be another factor for the expansion of market size. One of the other factors that are expected to create a positive outlook for revenue generation is the increased fast-paced lifestyles, constant change in eating habits, and escalation in stress levels which is fostering the burden of lifestyles diseases such as diabetes, obesity, hypertension, and others which in turn is generating the need for cardiometabolic drugs during the analysis period.