"Global revenues from Hypertension drugs set to rise" says visiongain
November 13, 2005 (PRLEAP.COM) Health News
The report also finds that of the pharmaceutical products which target this specific condition, six of these drugs have reached blockbuster status, generating in excess of $1 billion. However, the mass market potential has led to physicians being left with an increasingly difficult choice as to which is the most suitable course of treatment for the welfare of their patients. "Hypertension is a major health problem in the world today, with the already large hypertensive population likely to increase over the next 10 years, especially due to ageing populations and the increasing prevalence of lifestyle factors conducive to hypertension and other cardiovascular problems," said report author, Dr Gordon Low.
The market is composed of five drug classes and the largest of those classes, in terms of revenue generation, is the angiotensin II blockers. This class generated $10.9bn in 2004, representing 43% of the entire market. This dominance is in spite of the fact that angiotensin II blockers are the newest class of drugs for Hypertension.
Hypertension is a worldwide epidemic, and is set to grow from approximately 1 billion sufferers in 2005, and that figure is set to grow by another 500 million by 2025.
This latest report from visiongain "The World Hypertension Market 2005-2010" analyses the market for the products that treat this condition, assesses the current market situation and forecasts where it is going over the medium-term.
ENDS
Notes for editors:
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