The global congestive heart failure treatment market size was valued at USD 19.5 billion in 2021 and is poised to grow at a significant CAGR of 7.2% during the forecast period 2022-28. Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Congestive Heart Failure Treatment Market: By Drug Class (Beta Blockers, ACE Inhibitors, Angiotensin Receptor Blockers, Diuretics, Inotropic Agents, Aldosterone Antagonist, Calcium Channel Blockers, Others), By Route Of Administration (Oral, Intravenous), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) - Global/Region/Country Forecast to 2028"
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An overview on the Congestive Heart Failure Treatment Market:
Congestive heart failure is a progressive and chronic condition, which affects the pumping ability of heart muscles. This chronic condition is often called as “heart failure”. It may also refer to the stage in which fluid builds up around the heart and results it to pump incompetently. Ventricles pump blood to the tissues and organs of body and the atria obtain blood from body since it flows back from the rest of body. Congestive heart failure occurs when ventricles are not able to pump enough volume of blood to the one’s body. Ultimately, other fluids and blood can back up inside the lower body, lungs, liver and abdomen.
Congestive heart failure treatment market is anticipated to witness considerable growth in demand over the evaluation time span due to the increasing cases of cardiovascular illnesses. Congestive heart failure is the most widespread medical condition causes death to several people worldwide. Nearly 6.5 million of people are treated for congestive heart failure and nearly 2 percent global population is hospitalized because of the congestive heart failure according to World Health Organization (WHO). The prescription of mineralocorticoids receptor antagonists (MRAs), like spironolactone because of their effectiveness in heart failure treatment is anticipated to boost the congestive heart failure (CHF) treatment markets during the evaluation time span.
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North America dominates the Congestive Heart Failure Treatment Market:
On the basis of regional analysis, congestive heart failure treatment market has been categorized into major regions such as Latin America, Europe, Middle East, Asia Pacific, Africa and North America. European and North America markets considerably witness high growth potential for congestive heart failure treatment because of the increasing cases of heart failures in such regions. Stroke and heart disease statistics 2017, congestive heart failure occupies nearly 8.5 percent of heart diseases in Untied States as per the details provided by American Heart Association. Latin America and Asia Pacific like emerging markets are set for witnessing considerable growth in the industry because of the factors such as change in demographics, healthcare expenditure, healthcare reforms and increasing treatment for congestive heart failure conditions.
The global congestive heart failure treatment market key players are AstraZeneca plc. (UK), Bristol-Myers Squibb Co. (U.S), GlaxoSmithKline plc (GSK) (UK), Merck & Co. Inc. (U.S), Mylan Inc. (U.S), Novartis AG (Switzerland), Pfizer Inc. (U.S), Sanofi (France) and Valeant Pharmaceuticals International Inc. (Canada)
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