Accessibility of better treatment alternatives for hypertension has lead significant part of the hypertensive populace with controlled circulatory strain. But rising population with cardiovascular, and related issues urges need for various antihypertensive medications in the worldwide market. Telmisartan is a non-peptide angiotensin receptor blocker expected for treatment of hypertension and other cardiovascular issues. Telmisartan was supported by the US Food and Drug Administration (USFDA) in 1998, for the treatment of hypertension alone or in mix with different mixtures.
The global telmisartan market size was valued at US$ 3,880.9 million in 2019, and is projected to observe a CAGR of 1.4% over the forecast period (2021 – 2027).
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Increasing number of government initiatives for creating awareness regarding cardiovascular and blood pressure disorders is expected to drive growth of the Telmisartan market
The Texas Council on cardiovascular disease and stroke works with key players to carry out arrangement for lessening pace of cardiovascular disease and stroke load in Texas. The arrangement gives an outline of the present status of cardiovascular infection and stroke in Texas, rundown of discoveries from the coronary illness and stroke anticipation framework evaluation, just as data on mortality, dreariness, predominance, and related risk factors.
Rising prevelence of hypertension is creating disease burden and impelling interest for creating antihypertensive medications in the worldwide market. For example, the National Health and Nutrition Examination Surveys (NHANES) gave significant epidemiologic data on the pervasiveness and control of hypertension in the U.S., somewhere in the range of 1960 and 2014, which expressed that 26% of the world’s grown-up populace (972 million) was experiencing hypertension in 2000, while number expanded by 31% (1.39 billion) in 2010, and the number is assessed to arrive at 1.56 billion by 2025.
Additionally, growing marketing endorsements for generic versions of telmisartan is estimated to boost growth of telmisartan market. For example, in August 2017, Zydus Cadila received approval from the US FDA to market telmisartan and hydrochlorothiazide tablets, in the strengths of 40mg/ 12.5 mg, 80 mg/12.5 mg and 80mg/25 mg.
However, drug deficiencies are probably going to restrain the development of the Telmisartan market. For example in June 2018, US FDA detailed deficiency of Boehringer Ingelheim Pharmaceuticals, Inc.’s, telmisartan and amlodipine (Twynsta) tablets 80mg/10mg, 30 tally rankle, because of stopping of its business. Additionally, Drug Shortages Canada likewise detailed deficiency of Teva-Telmisartan 80mg tablet in Canada, because of absence of consenting to great assembling rehearses.
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Telmisartan Market- Regional Analysis
The Regional splitting up of the global Telmisartan market by Coherent Market Insights comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
). North America hold the significant offer in worldwide telmisartan market because of item dispatches in U.S. For example, in July 2014, Mylan Inc., a worldwide drug organization dispatched telmisartan tablets USP, 20 mg, 40 mg ,and 80 mg, which are the nonexclusive rendition of Boehringer Ingelheim’s Micardis tablets that got last endorsement from the US Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA).
Asia Pacific is projected to observe fastest development in the worldwide Telmisartan market because of expanding mindfulness among populace with respect to hypertension and related cardiovascular issues. For example, since 2005, World Hypertension Day is praised in Australia in the Month of May to help partners like Hypertension Societies, patient vested parties, and drug ventures.
Telmisartan Market- Competitive Landscape
The Main companies functioning in the Telmisartan market include Medtronic Plc., General Electric Company, C. R. Bard, Inc., ConvaTec Group plc. Smith Medical, Inc., KindWell Medical Equipment Co.,Ltd, Royax, Fuji Systems Corp., Teleflex Incorporated., Neurovision Medical Products, and Intersurgical GmbH.
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Main points in Telmisartan Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Telmisartan Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Telmisartan Industry Impact
Chapter 2 Telmisartan Competition by Types, Applications, and Top Regions and Countries
2.1 Telmisartan (Volume and Value) by Type
2.3 Telmisartan (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Telmisartan Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Telmisartan Market Analysis
Chapter 6 East Asia Telmisartan Market Analysis
Chapter 7 Europe Telmisartan Market Analysis
Chapter 8 South Asia Telmisartan Market Analysis
Chapter 9 Southeast Asia Telmisartan Market Analysis
Chapter 10 Middle East Telmisartan Market Analysis
Chapter 11 Africa Telmisartan Market Analysis
Chapter 12 Oceania Telmisartan Market Analysis
Chapter 13 South America Telmisartan Market Analysis
Chapter 14 Company Profiles and Key Figures in Telmisartan Business
Chapter 15 Telmisartan Market Forecast (2021-2027)
Chapter 16 Conclusions
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