Global Calcium Channel Blocker Market worth to gain $15.31 bn by 2022, according to new statistics released by the Zion Market Research, the market research group.
Calcium channel blockers are one of the most essential groups of drug that prevent or disrupt the movement of calcium (Ca2+) through calcium channels. Calcium channel blockers are also known as calcium channel antagonist and are commonly used for the treatment of hypertension. The excess outflow of calcium ions through the cell membrane is a major cause of hypertension. The Hypertension further produces the additive effect for the chronic ill condition which includes blood vessel stiffness, cardiac stroke, and cardiac arrest.
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The North America and European region are the most mature markets for calcium channel blocker and are expected to be the same in the near future. These account for the largest consumers and acquire approximately more than 60% of world market share of CCB. The demand for calcium channel blocker in both the regions remains stagnant due to the maturity stage and presence of other alternatives.
Asia Pacific and Latin America together held approximately 28% of total world demand in 2016 due to emerging markets in countries like India, China, and Brazil. The Asia-Pacific region is the most promising region for calcium channel blocker market and is expected to grow at the fastest CAGR in the near future. China is the biggest consumer followed by India in Asia pacific region. The demand for calcium channel blocker in Asia pacific market is anticipated to grow at a CAGR of 5.9% in term of consumption.
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Increasing demand for health management is likely to open growth opportunities for the market in the near future.Calcium channel blocker is a drug mainly used in the treatment of hypertension, angina pectoris and obesity which boost the growth of the market.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global calcium channel blockers which include Pfizer Inc., AstraZeneca Plc., Bayer Healthcare LLC., GlaxoSmithKline Plc., Sanofi S.A., Johnson & Johnson, Abcam, AbMole Bioscience, and Clearsynth.
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This report segments the global calcium channel blocker as follows:
Global Calcium Channel Blocker: Drug Type Segment Analysis
Global Calcium Channel Blocker: Application Type Segment Analysis
Global Calcium Channel Blocker: Regional Segment Analysis
The Middle East and Africa
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