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Loop Diuretics Market size was valued at USD 2.49 billion in 2023 and is set to cross USD 5.86 billion by 2036, expanding at more than 6.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of loop diuretics is evaluated at USD 2.63 billion.
The growth of the market can be attributed to the growing prevalence of hypertension across the world as a result of large number of incidences of high blood pressure. Moreover, changing lifestyles and eating habits are also causing lifestyle-related diseases and several other chronic disorders, which is another factor expected to drive market growth in the coming years. According to the United Nations organization, the total number of deaths due to chronic diseases are expected to rise up to70% by 2030. The global of the burden is calculated to increase up to 56%. The demand for the loop diuretic market is also anticipated to rise significantly in the near future owing to the advancements in technology, growing cases of renal diseases, and increasing geriatric population globally. Along with these, increase in patient population and absence of appropriate treatment are evaluated to act as opportunities for market growth.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
6.8% |
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Base Year Market Size (2023) |
USD 2.49 billion |
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Forecast Year Market Size (2036) |
USD 5.86 billion |
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Regional Scope |
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The market is segmented based on indication into diabetes insipidus, edema, hypercalciuria, hypertension, and others, out of which, the hypertension segment is anticipated to grab the largest share by the end of 2029 on account of increasing occurrence of high blood pressure among the global population and rising number of people following a sedentary lifestyle. Furthermore, on the basis of route of administration, the oral segment in the global loop diuretics market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that oral administration of a medicine is one of the most convenient, and usually the safest and least expensive method as compared to other ways of drug administration.
Our in-depth analysis of the global market includes the following segments
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By Indication |
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By Drugs |
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By Route of Administration
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Geographically, the loop diuretics market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. Asia Pacific is set to dominate majority revenue share by 2036, owing to increasing prevalence of chronic diseases due to pollution and growing geriatric population in the region.
North America Market Analysis
Furthermore, the market in North America is evaluated to occupy the largest share in terms of revenue during the forecast period, owing to detrimental lifestyle changes and presence of leading healthcare service providers in the region. Along with this, North America also leads in terms of research and development of advanced loop diuretics, which is also expected to contribute to the market growth in the region. As per the analysis of Centres for Disease Control and Prevention, the top ten health problems in America are heart disease, cancer, stroke, respiratory disease, injuries, diabetes, Alzheimer's disease, influenza and pneumonia, kidney disease, and septicaemia.
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
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