The pulmonary arterial hypertension is a condition where the blood pressure in the pulmonary artery increases and will lead to dizziness, shortness of breath and other symptoms. With the rise in population and increasing illnesses among people, it has been noted that the patients with pulmonary hypertension symptoms are rising which boosts the demand of pulmonary hypertension treatment in the Pulmonary Arterial Hypertension Market.
Pulmonary Arterial Hypertension Market Estimations:
It is estimated in the Pulmonary Arterial Hypertension Market, the 2014 sales for pulmonary arterial hypertension (PAH) at approximately $3.45 billion across the 7MM covered in the report, which include the US, 5EU (France, UK, Italy, Germany and Spain) and Japan.
The Pulmonary Arterial Hypertension Market will grow moderately at a CAGR of 3.20% during the 10-year forecast period, generating sales of approximately $4.75 billion at the end of 2024. The US market is expected to grow the fastest of the three regions, recording a CAGR of 3.70% and generating around 75% of global sales in 2024.
The major drivers for this growth across the 7MM will be the launch of Actelion’s Uptravi and the increased use of double and triple combination therapy. The rise of elderly population around the world and growth of pulmonary hypertension symptoms will determine the demand for treatment and drugs sales in this market.
Complete research on Pulmonary Arterial Hypertension Market available at http://www.marketintelreports.com/report/gdhc050poa/opportunityanalyzer-pulmonary-arterial-hypertension–opportunity-analysis-and-forecast-to-2024
Key findings of the Pulmonary Arterial Hypertension Market:
In the Pulmonary Arterial Hypertension Market, the major drivers for growth across the 7MM in the PAH market during the forecast period will be the launch of the first-in-class prostacyclin receptor agonist, Uptravi marketed by Actelion and the increased use of combination therapy.
Uptravi has a promising future as a second-line therapy in the PAH market, and has the potential to displace oral treprostinil’s market position.
In the Pulmonary Arterial Hypertension Market, the highest revenue generators in the 7MM market at the end of 2024 will be Actelion’s Veletri, Opsumit and Uptravi and Bayer’s Adempas. The greatest unmet need in the PAH disease space is the need to develop novel drugs with curative or disease-stabilizing properties.
Low disease awareness, declining population in the 5EU (France, Germany, Italy, Spain and UK) and Japan, high cost of drugs and patent expirations of branded drugs are the major barriers for growth in the PAH market during the forecast period.
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Prominent companies in the Pulmonary Arterial Hypertension Market:
Some of the prominent companies in the Pulmonary Arterial Hypertension Market that manufacture PAH drugs and treatment in the global market at huge scale are as follows:
- Eli Lilly
- Gilead United Therapeutics
- Toray Pharmaceuticals
The Pulmonary Arterial Hypertension Market is a potential market with high scope in medical industry all across the globe through 2024. This market is expected to have high growth in many regions owing to the rise of population and improvising healthcare facilities. This market is expected to witness moderate demand for drugs in various regions depending on the supply capacity and demand through 2024.
Check research sample here http://www.marketintelreports.com/pdfdownload.php?id=gdhc050poa
On a related note, another research on
Pulmonary Arterial Hypertension – Pipeline Review, H1 2016 @ http://www.marketintelreports.com/report/gmdhc7707idb/pulmonary-arterial-hypertension–pipeline-review-h1-2016
Pulmonary Arterial Hypertension-Pipeline Insights, 2016 @ http://www.marketintelreports.com/report/dipr2016552/-pulmonary-arterial-hypertensionpipeline-insights-2016
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