Research Nester published a report titled “Atenolol Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global atenolol market in terms of market segmentation by form, dosage type, application, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global atenolol market is anticipated to attain a substantial CAGR over the forecast period, i.e., 2022 – 2031. The market is segmented based on application into hypertension, angina, arrhythmias, and others, out of which, the hypertension segment is anticipated to hold a substantial share during the forecast period. The growth of the segment can be accredited to the increasing prevalence of high blood pressure, along with high mortality associated with hypertension across the world. According to the data by the World Health Organization (WHO), an estimated 1.28 billion adults aged 30-79 years worldwide have hypertension.
The global atenolol market is estimated to grow on the back of increasing cases of angina and hypertension globally. Moreover, poor lifestyle and dietary habits among the people are promoting the prevalence of heart-related diseases, which is further projected to boost the growth of the market. In addition to this, growing awareness regarding cardiac diseases and high global geriatric population are anticipated to propel the market growth.
On the basis of geographical analysis, the global atenolol market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period, owing to the increasing prevalence of cardiac diseases in the region. As per the statistics by the Center for Disease Control and Prevention, in the U.S., 116 million individuals have hypertension, and 0.5 million deaths were caused directly or indirectly by hypertension, in 2019.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
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Rising Incidences of Cardiac Related Disorders to Encourage the Market Growth
Atenolol is a beta blocker medication used to treat hypertension. Growing cases of hypertension, angina, arrhythmias, and other cardiac diseases are anticipated to increase the demand for atenolol. This is estimated to boost the market growth.
However, easy availability of other drugs to treat hypertension is expected to operate as key restraint to the growth of global atenolol market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global atenolol market which includes company profiling of Abbott Laboratories, Intas Pharmaceuticals Limited, F. Hoffmann-La Roche AG, Danaher Corporation, Bio-Rad Laboratories, Inc., Sysmex Corporation, Becton, Dickinson and Company, Zydus Pharmaceuticals Inc., Ipca Laboratories Limited, and Siemens Healthineers AG. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global atenolol market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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