Treatment-Resistant Hypertension Management Market Share, Size, Global Business Growth, New Trends, Technological Innovations, Opportunities and Demand Forecast by 2023 to 2033
The global Treatment-Resistant Hypertension Management Market is anticipated to reach a market size of US$ 43 Million in 2023 and US$ 159.41 Million by exhibiting a CAGR of 14% from 2023 to 2033. From 2018 to 2022, the market for managing treatment-resistant hypertension experienced a CAGR of 11%.
The global Treatment-Resistant Hypertension Management Market is expected to grow at a steady pace in the coming years, driven by factors such as the increasing prevalence of hypertension, rising geriatric population, and growing awareness about the importance of blood pressure control. According to a new market research report published by Future Market insights, the global Treatment-Resistant Hypertension Management market is expected to grow at a CAGR of 14% during the forecast period of 2023-2033.
Hypertension is a common condition that affects millions of people worldwide. It is a major risk factor for cardiovascular disease, which is the leading cause of death globally. While hypertension can be managed through lifestyle modifications and medications, some patients have treatment-resistant hypertension, which is defined as blood pressure that remains above goal levels despite the use of three or more antihypertensive medications.
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The management of Treatment-Resistant Hypertension is a complex and challenging issue that requires a multidisciplinary approach. In addition to medications, lifestyle modifications such as weight loss, exercise, and dietary changes, and invasive procedures such as renal denervation and baroreceptor activation therapy may be necessary to achieve adequate blood pressure control.
The global market for Treatment-Resistant Hypertension management is segmented by treatment type, distribution channel, and geography. Geographically, North America is expected to be the largest market for Treatment-Resistant Hypertension management, driven by factors such as the high prevalence of hypertension in the region and the availability of advanced treatment options. However, the Asia-Pacific region is expected to grow at the fastest rate during the forecast period, driven by factors such as the increasing prevalence of hypertension in the region and the growing demand for advanced healthcare services.
In conclusion, the global market for Treatment-Resistant Hypertension management is expected to grow at a steady pace in the coming years, driven by factors such as the increasing prevalence of hypertension, rising geriatric population, and growing awareness about the importance of blood pressure control. The market is highly competitive, with key players focusing on product launches, collaborations, and acquisitions to strengthen their position in the market.
Key Takeaways from the Market Study
- From 2018 to 2022, the Treatment-Resistant Hypertension Management market grew at a CAGR of 11%.
- The global Treatment-Resistant Hypertension Management market is expected to grow with a 14% CAGR during 2023 to 2033.
- As of 2033, the Treatment-Resistant Hypertension Management Market is expected to reach US$ 159.41 Million.
- According to the FMI analysis, the hospitals segment accounts for the largest market share.
- North America is expected to possess 40% market share for the Treatment-Resistant Hypertension Management market.
- The East & South Asia market is predicted to increase significantly throughout the forecast period, with a share of 20% during the forecast period.
“A series of international level collaborations involving healthcare stakeholders across various institutional settings are fueling further clinical trials and research studies dedicated to discovering Treatment-Resistant Hypertension Management.” says an FMI analyst
Market Competition
Key players in the market include companies such as Competition Deep Dive, Janssen Biotech, Quantum Genomics SA, CinCor Pharma, Ionis Pharmaceuticals, Vifor Pharma, KBP Biosciences, Abbott, Kona Medical, Inc., Medtronic along with healthcare providers and technology companies among other global players.
- The findings of a phase II trial, conducted by a researcher from Queen Mary University of London in collaboration with colleagues at CinCor Pharma, USA, indicate that a novel drug named Baxdrostat can effectively decrease high blood pressure (hypertension) in patients who may not respond to existing treatments for the condition. Baxdrostat functions by hindering the body’s production of aldosterone, a hormone that governs the salt levels in the body. The drug successfully reduced the levels of aldosterone in the blood and urine. The study demonstrated that Baxdrostat resulted in a considerable decrease in blood pressure among patients who exhibit resistance to standard medications for hypertension, which is attributed, in part, to excessive production of the aldosterone hormone.
More Insights Available
FMI, in its new offering, presents an unbiased analysis of the global Treatment-Resistant Hypertension Management market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.
The study reveals essential insights on the basis of Distribution Channel, Treatment & Region.
Key Segments Profiled in the Treatment-Resistant Hypertension Management Industry Survey
Treatment:
- Diuretic therapy
- Combination therapy
- Mineralocorticoid receptor antagonists
Distribution Channel:
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa