(Health-NewsWire.Net, October 06, 2017 ) The past few decades have witnessed significant success in the development of highly effective drug therapies for common cardiovascular disease. The widespread use of these therapies along with the rising cardiovascular disease accounts for the increasing market for cardiovascular therapeutics.
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Cardiovascular therapeutic drugs refers to prescription medicines and drugs for diseases that are relating to the function and structure of the heart and blood vessels. Cardiovascular disease continues to be the major disease causing health problems and responsible for majority of the deaths worldwide. Major drug administered areas for cardiovascular problems includes heart failure, coronary artery diseases, blood clots, high cholesterol and others.
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Cardiovascular disorders remains the most common cause of mortality and morbidity in the world and is an emerging threat. The primary drivers for the market includes increasing aging population, growth in the per capita medical spending and the epidemic of general medical problems such as diabetes and obesity. However, increasing cost of drug development and shrinking target population are restraining the growth of the market. Despite the extensive prevalence of the cardiovascular diseases, drug development pipelines has been stagnant for variety of reason.
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Global cardiovascular therapeutic drugs market is segmented based on the type of disease and drug class. The market based on the disease is further segmented into Arteriosclerosis, Cardiac arrhythmias, Myocardial infarction, acute coronary syndrome, Peripheral artery disease, Coronary artery disease, hypertension, hyperlipidaemia, thrombosis, cardiac failure diseases and other cardiovascular diseases. Based on the drug class, the market is segmented into monotherapies and combination drug classes. Based on geography, market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
The major companies leading the cardiovascular therapeutic drugs industry includes AstraZeneca, Novartis, Bristol-Myers Squibb (BMS), Pfizer, Sanofi, Merck, Bayer, Takeda, boehringer ingelheim and Johnson & Johnson.
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