Ace Inhibitors Market Overview
ACE Inhibitors Market is expected to reach around USD 7682.8 Million by 2025 and is expected to register a CAGR of 3.10% between 2019 and 2025. Angiotensin-converting enzyme inhibitors are being used to treat hypertension, coronary artery disease, heart failure, diabetes, chronic renal disease, scleroderma, and migraines, among other medical problems. Perindopril, captopril, trandolapril, enalapril, benazepril, lisinopril, and ramipril are the most commonly prescribed angiotensin-converting enzymes (ACE) inhibitors. For the treatment of hypertension, ACE inhibitors are the first line of defence.
One of the primary drivers of the angiotensin-converting enzymes (ACE) inhibitors market is the rising prevalence of hypertension.
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Ace Inhibitors Market Segmentation
Benazepril, captopril, fosinopril, enalapril, lisinopril, moexipril, ramipril, quinapril, perindopril, trandolapril, and combinations of ACE inhibitors make up the ACE medication section. The market trends for ACE inhibitors show that these inhibitors bind to tissue and plasma proteins.
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Ace Inhibitors Market Regional Classification
Middle East, Latin America, North America, Asia Pacific, Europe, and Africa are the regions where the worldwide angiotensin-converting enzyme (ACE) inhibitors market is segmented.
Due to increased approval actions by the US Food and Drug Administration, the angiotensin-converting enzymes (ACE) inhibitors market in North America is likely to account for the biggest market share (FDA).
Furthermore, due to increased product launches, Europe is likely to earn a substantial proportion of the worldwide angiotensin-converting enzymes (ACE) inhibitors market throughout the forecast period.
Due to increased awareness initiatives concerning hypertension and its prevention in the Asia Pacific, the angiotensin-converting enzyme (ACE) inhibitors market is predicted to develop significantly over the forecast period.
Ace Inhibitors Market Key Players
Some of the Key Players in the Global ACE Inhibitors Market are Bristol-Myers Squibb Company (US), Par Pharmaceutical Companies, Inc. (US), UCB, Inc. (Belgium), Pfizer, Inc.(US), AbbVie Inc.(US), AstraZeneca (UK), Bausch Health Companies Inc.(Canada), Novartis AG (Switzerland), Merck & Co., Inc.(US), Teva Pharmaceutical Industries Ltd.(Israel), Silvergate Pharmaceuticals, Inc. (US), and others.
Ace Inhibitors Industry News
Angiotensin-converting enzyme (ACE) inhibitors market trends are expected to flourish from 2021 to 2028, owing to the rising risk of acquiring high blood pressure and cardiovascular illnesses due to changing lifestyles. One of the key factors driving the increase and demand for angiotensin-converting enzyme (ACE) inhibitors is the rapidly rising frequency of cardiovascular disorders. Furthermore, an increase in the prevalence of high blood pressure is adding to the global market’s rise.
On the other hand, Angiotensin-converting enzyme inhibitors widen blood arteries by reducing angiotensin II levels in the body. These inhibitors also cause the kidneys to generate more urine. These findings aid in the reduction of blood volume, kidney function, and blood pressure, as well as affecting the market for angiotensin-converting enzyme (ACE) inhibitors.
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Varied data from clinical trials have demonstrated that angiotensin-converting enzyme inhibitors have the positive effect of any drug in cardiovascular medicine, myocardial infarction, diabetes, lowering the risk of death, stroke, and renal impairment, among others major drivers anticipated to fuel this market’s development.
Numerous big pharmaceutical firms are developing innovative medications that will help increase the angiotensin-converting enzyme (ACE) inhibitors market and provide considerable growth prospects for the industry. The market for angiotensin-converting enzyme (ACE) inhibitors, on the other hand, will be limited by the high cost of the medicine.
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