Comprehensive Insights Into Angina Pectoris Drugs Market Trends, Growth Drivers, and Challenges
Global Angina Pectoris Drugs Market size and share is currently valued at USD 11.76 billion in 2024 and is anticipated to generate an estimated revenue of USD 17.25 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 3.9% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034
Market Overview
Angina pectoris, characterized by chest pain due to reduced blood flow to the heart, remains a prevalent manifestation of coronary artery disease. The increasing incidence of cardiovascular diseases (CVDs), lifestyle-related risk factors such as sedentary behavior and poor dietary habits, and the aging global population are primary drivers of market expansion.
Advancements in personalized cardiovascular medicine and novel drug delivery systems are further propelling market growth. Pharmaceutical companies are investing heavily in clinical trials to develop innovative treatments with improved efficacy, thereby enhancing patient outcomes.
Key Companies
- Pfizer Inc.
- AstraZeneca PLC
- GlaxoSmithKline PLC
- Novartis AG
- Merck & Co., Inc.
- Sanofi S.A.
- Eli Lilly and Company
- Bristol-Myers Squibb Company
- Johnson & Johnson
- Roche Holding AG
- Boehringer Ingelheim GmbH
- Abbott Laboratories
- Amgen Inc.
- Bayer AG
- Takeda Pharmaceutical Company Limited
Market Segmentation
By Type:
Stable Angina: This segment dominated the market with a revenue share of 52.2% in 2023. The prevalence of chronic stable angina is rising, often serving as the initial sign of ischemic heart disease.
Unstable Angina: Expected to experience the fastest growth of 5.5% over the forecast period, driven by factors such as the growing geriatric population and lifestyle choices contributing to the increasing prevalence of CVDs.
By Drug Class:
Beta Blockers: Leading the market with a revenue share of 38.8% in 2023, beta blockers are increasingly adopted as a first-line therapy for angina pectoris.
Anticoagulants: This segment is anticipated to grow significantly, propelled by the surge in angina pectoris cases and the introduction of novel oral anticoagulants (NOACs) offering safer and more effective alternatives.
By Distribution Channel:
Hospital Pharmacies: Dominated the market with a revenue share of 48.5% in 2023, attributed to advanced infrastructure and the rising number of patients seeking treatment for angina pectoris disorders.
Online Pharmacies: Projected to grow at the fastest CAGR of 5.7% over the forecast period, driven by the convenience of acquiring medications and the increasing adoption of digital health platforms.
By Route of Administration:
Oral: This segment is anticipated to witness growth due to the cost-effectiveness and convenience of oral medications, making them ideal for long-term treatment regimens.
Regional Analysis
North America: Leading the global market with a revenue share of over 40.0% in 2023, driven by advanced healthcare infrastructure, high prevalence of cardiovascular diseases, and significant investments in research and development.
Europe: Characterized by a strong emphasis on advanced medical treatments and robust healthcare systems, with countries like Germany, France, and the UK contributing significantly to market growth.
Asia Pacific: Expected to experience the fastest growth with a CAGR of 5.5%, fueled by increasing healthcare access, rising cardiovascular disease prevalence, and expanding economic development in countries such as China and India.
Latin America and Middle East & Africa: These regions are witnessing steady growth, supported by improving healthcare infrastructure and increasing awareness of cardiovascular diseases.
Explore More:
https://www.polarismarketresearch.com/industry-analysis/angina-pectoris-drugs-market
Future Outlook
The angina pectoris drugs market is poised for continued growth, driven by technological advancements, increasing demand for personalized medicine, and supportive government initiatives. As the field evolves, stakeholders must navigate challenges such as data privacy concerns and the need for standardized regulatory frameworks.
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