Over the projected period, the global metoprolol tartrate market is anticipated to be driven by the rising prevalence of angina, a type of chest discomfort. For instance, a 2021 article regarding the prevalence of angina among primary care patients with coronary artery disease that was published in the Jama Network journal, a database of scientific references, revealed that approximately 21.2% of patients experienced angina at least once monthly. By assessing angina symptoms in advance and identifying high-risk individuals and treating them with medication, morbidity can be decreased.
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Impact
The coronavirus (COVID-19) pandemic, which first appeared on December 31, 2019, in Wuhan, China, is the most current outbreak. On March 11, 2020, the World Health Organization classified COVID-19 as a pandemic. Up until 20 February 2022, the coronavirus sickness (COVID-19) caused roughly 426 million cases and 5,899,578 fatalities worldwide, according to the World Health Organization’s Coronavirus Illness (COVID-19) Epidemiological Update.
Additionally, over the projected period, the worldwide metoprolol tartrate market is anticipated to be driven by COVID-19’s growing influence on cardiovascular disorders. A pilot trial of intravenous metoprolol administration to patients with COVID-19-associated ARDS found that it was safe, reduced aggravated lung inflammation, and improved oxygenation in patients, which is expected to impel the use of metoprolol tartrate in the coming years. For example, on April 21, 2021, an article published by the American College of Cardiology discussed the impact of COVID-19 infection on cardiovascular diseases.
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Furthermore, during the course of the forecast period, the worldwide metoprolol tartrate market is anticipated to be driven by rising government initiatives to give pharmaceuticals to nations. For instance, on January 16, 2016, PHARMAC, a pharmaceutical management agency of the New Zealand government, granted Sole Supply Status to Apotex NZ Limited, a pharmaceutical company, to supply Apo-Metoprolol in the community and District Health Board (DHB) hospitals in New Zealand. In addition, the company will be funded and will be given an alternative brand allowance (ABA) to supply Apo-Metoprolol in New Zealand.
Key Takeaways
The rising presence of market participants around the world is anticipated to fuel the expansion of the global metoprolol tartrate market during the forecast period, which is likely to result in a CAGR of 3.3%. For instance, Gujarat, India-based CTX Lifesciences is a manufacturer of intermediates and active pharmaceutical ingredients (APIs). supplying metoprolol tartrate for the treatment of hypertension to all countries.
There are several significant companies that are active in the Rubicon Research Pvt. Ltd., global metoprolol tartrate market, Ipca Laboratories Ltd, Novartis Pharmaceuticals Canada Inc., Apotex Inc., AstraZeneca Pharma India Limited, Sandoz Canada Inc., Teva Pharmaceutical Industries Ltd., Aurobindo Pharma USA, Mylan N.V., Alembic Pharmaceuticals Limited, Dr. Reddy’s Laboratories Ltd., Validus Pharmaceuticals LLC, Sun Pharmaceutical Industries Inc., Hikma Pharmaceuticals PLC, and CTX Life Sciences Pvt. Ltd.
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- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Route of administration
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunity
- Impact Analysis
- Key Developments
- Industry Trends
- Regulatory Scenario
- Recent Product Approval/Launches
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Global Metoprolol Tartrate Market – Impact of Coronavirus (COVID-19) Pandemic
- Impact on Demand
- Impact on Healthcare
- Epidemiology
- Global Metoprolol Tartrate Market, By Route of Administration, 2017 – 2030,(US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Oral
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Injectable
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Introduction
- Global Metoprolol Tartrate Market, By Application, 2017 – 2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Hypertension
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Cardiovascular
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030, (US$ Mn)
- Introduction
- Global Metoprolol Tartrate Market, By Distribution Channel, 2017 – 2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Hospitals Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Retail Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Online Pharmacies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Introduction
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