The Global Eisenmenger Complex Management Industry is on track for significant growth, according to a recent analysis by Future Market Insights (FMI). The market is projected to reach a valuation exceeding US$7.7 billion in 2023 and is further anticipated to surge to US$12.9 billion by 2033. This translates to a remarkable Compound Annual Growth Rate (CAGR) of 5.3%.
Eisenmenger syndrome, a condition requiring comprehensive management, has seen an upswing in prevalence, driving the demand for advanced treatment solutions. The primary focus of treatment involves alleviating symptoms and addressing associated co-morbidities. Physicians commonly prescribe medications such as calcium channel blockers, antiarrhythmic agents, and blood-thinning agents to manage the condition effectively.
Request a Sample of this Report Now! https://www.futuremarketinsights.com/reports/sample/rep-gb-16451
Increasing government support to create orphan drugs and surging cases of COVID-19 across the world are anticipated to drive sales in the global market. Apart from this, the presence of a vast population above the age of 60 years with lower immunity levels who are often more prone to Eisenmenger syndrome and other related diseases, might propel demand for effective treatment. Government initiatives such as the Rare Disease Act 2002 and The Orphan Drug Act (ODA) 1983 are also expected to assist in market expansion.
On the other hand, robust drug pipeline and new product combination awaiting approval or launch are expected to heighten the market competitiveness which will directly benefit the targeted market. For instance, In December 2020, Acceleron Pharma received orphan drug designation for Sotatercept from the European Commission and is available for commercial use in the European markets. This will support market expansion in the forthcoming years.
The technological advancements are also continuously focusing upon the identification of new molecular pathways which contributes to the development of better treatments possible during the forecast period. All these factors propel growth of the market. However, patent expiration of drug molecules and side effects associated with the drugs is anticipated to restrain the growth of the Eisenmenger complex management market in the forecast period.
Key Takeaways from the Global Eisenmenger Complex Management Industry Study
- North America is expected to dominate the market of Eisenmenger syndrome with a 48.77 market share during the forecast period.
- The market in South Asia is projected to grow fastest with a CAGR of 5.5% in the forecast period
- By drug type, the endothelin receptor antagonist segment is expected to lead the market with a 48.1 % market share in 2023.
- By distribution channel, the hospital pharmacies segment is anticipated to dominate the market with a 65% market share by end of the forecast period.
“Robust drug pipeline and new product combination awaiting approval will fuel the targeted market growth”- says an FMI Analyst
Global Eisenmenger Complex Management Industry Competitive Landscape
The global Eisenmenger syndrome treatment market is highly competitive due to the presence of a large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition. The major players in the market are: Actelion Pharmaceuticals Ltd, Gilead Sciences, Inc., Pfizer, Inc., Teva Pharmaceutical Industries Ltd, AstraZeneca plc., Novartis AG, Merck and Co., Inc., GlaxoSmithKline plc., Mylan N.V, Bayer AG
Some recent developments in this industry are:
- In July 2022, Cereno Scientific announced that the first patient had been enrolled in the Phase II study in pulmonary arterial hypertension (PAH) with drug candidate CS1.
- In June 2022, Gossamer Bio, Inc. declared the publication of key preclinical data supporting the potential of erlotinib for the treatment of pulmonary arterial hypertension (PAH).
- In December 2021, Aerovate Therapeutics, a clinical-stage biopharmaceutical company based in the United States, started the Phase 2b/3 clinical trial for testing imatinib, its experimental inhaled formulation in people with Eisenmenger syndrome. The trial is set to help the company achieve the goal of enhancing the lives of patients suffering from rare cardiovascular diseases. This test will evaluate the ability of AV-101 to resist blood flow in the blood vessels of the lungs.
- In December 2021, Alembic Pharmaceuticals, a multinational pharmaceutical company headquartered in India, bagged approval from the United States Food and Drug Administration (USFDA) for the marketing of Selexipag tablets. These can now be used to treat pulmonary arterial hypertension. The company’s new drug is considered to be the generic equivalent to Uptravi, the Reference Listed Drug (RLD).
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global Eisenmenger complex management market, providing historical data for 2018-2022 and forecast statistics from 2023-2033.
To understand opportunities in the Eisenmenger complex management market, the market is segmented based on Drug type (Antiarrhythmic agents, Blood thinning agents, Endothelin receptor antagonist, others, By diagnosis (Blood tests, Electrocardiogram, chest X-ray, Echocardiogram, CT scan, MRI, Cardiac Catheterization) By distribution channel (Hospital pharmacies, Retail pharmacies, Online pharmacies) By end-user (Hospitals & Clinics, Laboratories, others) By region (North America, Latin America, Europe, South-Asia, East-Asia, Oceania, Middle East and Africa)
Click Here To Buy Your Full Report
https://www.futuremarketinsights.com/checkout/16451
Key Segments Profiled in the Global Eisenmenger Complex Management Industry Survey
By Drug Type:
- Antiarrhythmic Agents
- Blood Thinning Agents
- Endothelin Receptor Antagonist
- Others
By Diagnosis:
- Blood tests
- Electrocardiogram
- Chest X-ray
- Echocardiogram
- CT Scan
- MRI
- Cardiac Catheterization
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
By End User:
- Hospitals & Clinics
- Laboratories
- Others
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
