Angiotensin converting enzyme (ACE) inhibitors market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 8,520.26 million by 2028 and will grow at a CAGR of 3.87% in the above mentioned forecast period.
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The rapidly increasing incidence of cardiovascular diseases is amongst the essential factors intensifying the growth and demand of angiotensin converting enzyme (ACE) inhibitors market. In addition, rise in prevalence of high blood pressure is also contributing to rising in the global market. The growing risk of developing high blood pressure and cardiovascular disorders due to the changing lifestyle is also the key factor flourishing angiotensin converting enzyme (ACE) inhibitors market trends over the forecast period of 2021 to 2028. Likewise, the angiotensin converting enzyme inhibitors broaden the blood vessels by lowering the amount of angiotensin II in the body. These inhibitors also increase the amount of urine produced by kidneys. These results help lower pressure in the lowering blood volume, kidney and blood pressure and are also exceedingly influencing the growth of the angiotensin converting enzyme (ACE) inhibitors market.
Some other major drivers expected to fuel this market’s growth are the various evidence from clinical trials has shown that angiotensin converting enzyme inhibitors have the positive impact of any drug in cardiovascular medicine, dropping the risk of death, myocardial infarction, diabetes, stroke and renal impairment. They help patients with heart failure or left ventricular dysfunction, peripheral vascular disease, post-myocardial infarction, diabetes, stroke, transient ischaemic attack, or coronary artery disease, thus lifting the growth of the target market in the above mentioned forecast period. Also the developed healthcare infrastructure, high public awareness associated with diagnosis, treatment and management of lifestyle diseases also fuel market growth.
North America region leads the angiotensin converting enzyme (ACE) inhibitors market owing to the growing prevalence of hypertension within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the growing cardiac diseases in emerging countries like China and India in this region.
The major players covered in the angiotensin converting enzyme (ACE) inhibitors market report are Abbott, Bausch Health Companies Inc., AbbVie Inc., Pfizer Inc., DAIICHI SANKYO COMPANY, LIMITED, Novartis AG, Merck KGaA, La Jolla Pharmaceutical Company, Quantum Genomics, AstraZeneca, Johnson & Johnson Services, Inc., Eli Lilly and Company, Par Pharmaceutical, Sanofi, Bristol-Myers Squibb Company, Sandoz AG, Mayo Foundation for Medical Education and Research (MFMER), Bayer AG, Takeda Pharmaceutical Company Limited, GlaxoSmithKline plc and Teva Pharmaceutical Industries Ltd., among other domestic and global players.
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