Loop Diuretics Market Size

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.