DUBLIN, March 1, 2024 /PRNewswire/ — The “Acute Heart Failure (AHF) Therapeutics: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Acute Heart Failure (AHF) Therapeutics Market to Reach $2.9 Billion by 2030
The global market for Acute Heart Failure (AHF) Therapeutics estimated at US$599.7 Million in the year 2022, is projected to reach a revised size of US$2.9 Billion by 2030, growing at a CAGR of 21.7% over the analysis period 2022-2030.
Cardiac Glycosides, one of the segments analyzed in the report, is projected to record a 22.3% CAGR and reach US$762.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the B-Blockers segment is readjusted to a revised 25.1% CAGR for the next 8-year period.
The acute heart failure (AHF) market has been significantly impacted by the COVID-19 pandemic and the looming global recession. Despite the challenges, diuretics and vasodilators remain the first-line therapy for AHF, although the efficacy of other known drugs for AHF is limited, hindering their widespread use.
Market insights and trajectories indicate a complex landscape influenced by these factors, with varying degrees of competitive market presence among players worldwide in 2022. Recent market activity reflects ongoing efforts to size the AHF market and adapt to the evolving healthcare landscape. Looking ahead, the market outlook suggests continued focus on addressing the challenges posed by COVID-19 and economic uncertainties while exploring opportunities for innovation and growth in AHF therapeutics.
The U.S. Market is Estimated at $163.4 Million, While China is Forecast to Grow at 30.4% CAGR
The Acute Heart Failure (AHF) Therapeutics market in the U.S. is estimated at US$163.4 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$841.2 Million by the year 2030 trailing a CAGR of 30.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.3% and 18.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 17.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$433.4 Million by the year 2030.
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Market Outlook
- Recent Market Activity
- Sizing the AHF Market
- Acute Heart Failure – An Overview of the Disease and Available Therapeutics
- Diuretics and Vasodilators – The First Line Therapy for AHF
- Other Known Drugs for AHF – Lower Efficacy Thwarts Use
- Acute Heart Failure (AHF) Therapeutics – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
MARKET TRENDS & DRIVERS
- Conventional Therapies Leave Considerable Unmet Needs
- Novel Treatments Offer a Ray of Hope
- Key AHF Therapeutics in the Pipeline
- Serelaxin Nears Trial Readout form RELAX-AHF-2
- Ularitide – A Novel Drug in Development for AHF
- The Litany of Drug Failures Expands, Emphasis on Prevention Grows
- Other Promising Drugs under Development
- Research Findings
- Kidney Dysfunction – Predictor of Acute Heart failure
- Genetic Influence on Heart Disease among African Americans
- Higher Body Mass Index – A Key Risk Factor for AHF
- Supplemental Oxygen Therapy May not be for All Cases of AHF
- Macro Growth Drivers
- Alarming Levels of Cardiovascular Disease (CVD) Prevalence: Key Growth Driver for AHF Therapeutics
- Ballooning Elderly Population: The Vital Growth Driver for AHF Therapeutics
FOCUS ON SELECT PLAYERS (Total 93 Featured)
- Bayer AG (Germany)
- Bristol-Myers Squibb Company (USA)
- Cardiorentis AG (Switzerland)
- CVie Therapeutics Limited (Taiwan)
- Cytokinetics, Inc. (USA)
- Merck & Co. (USA)
- Novartis AG (Switzerland)
- Orion Corporation (Finland)
- PhaseBio Pharmaceuticals, Inc. (USA)
For more information about this report visit https://www.researchandmarkets.com/r/8td2mb
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