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Arrhythmia Treatment Market Regional Demand, Top Players, Recent Trends
Market Analysis and Insights : Arrhythmia Treatment Market
Global Arrhythmia Treatment Market By Type (Supraventricular Arrhythmias, Ventricular Arrhythmias and Others), Treatment (Drugs, Devices, Surgery), Drugs (Antiarrhythmic Drugs, Calcium Channel Blockers, Beta Blockers, Anticoagulants Agents and Others), Devices (Implantable Cardioverter-Defibrillator (ICD), Pacemaker, Cardiac Resynchronization Therapy (CRT) and Others), Route of Administration(Oral, Parenteral), End- Users (Hospitals, Homecare, Cardiac Arrhythmia Services, Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies and Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Global arrhythmia treatment market is expected to grow at a substantial CAGR in the forecast period of 2019-2026. Growing cases of arrhythmias condition worldwide and presence of refined healthcare infrastructure are the key factors that fueling the market growth
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... Market Definition: Global Arrhythmia Treatment Market
Arrhythmia is cardiovascular disorders characterized by abnormal heart rhythm. It can cause heart rate to be slow or too fast, irregular or It may be so brief that it doesn’t change your overall heart rate, Arrhythmia could lead to more serious heart problem. Arrhythmia can have almost no symptoms but patient will feel fluttering in the chest or neck.
According to the statistics published in the Acesion Pharma, an estimated annual population of atrial fibrillation is up to 30 million worldwide of which nearly 10 million people living with this condition in the United States and European Union. These growing incidences of cardiac arrhythmia and vulnerable aging population are deriving the market growth.
Market Drivers
• Rise in cases of cardiovascular disease worldwide is driving the growth of the market
• Growing adoption rate of highly advanced technologies hearing is enhancing the market growth
• Huge financial support to the researchers for developing novel intervention is boosting the market growth
• Increase in demand of disease specific novel treatment can also act as a market driver
Market Restraints
• Lack of healthcare budget in some middle-income countries is restraining the market growth
• Patent expiration of branded drugs and introduction of generics is acting as a challenging factor for the growth of this market
• Rise in cases of product recalls are expect to cause a shortfall in the market
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Segmentation: Global Arrhythmia Treatment Market
By Type
• Supraventricular Arrhythmias
• Ventricular Arrhythmias
• Others
By Treatment
• Drugs
• Devices
• Surgery
By Drugs
• Antiarrhythmic Drugs
o Amiodarone
o Propafenone Hydrochloride
o Tocainide Hydrochloride
o Others
• Calcium Channel Blockers
o Felodipine
o Amlodipine
o Isradipine
o Flecainide
o Others
• Beta Blockers
o Acebutolol
o Atenolol
o Others
• Anticoagulants Agents
o Dabigatran
o Rivaroxaban
o Others
• Others
By Devices
• Implantable Cardioverter-Defibrillator (ICD)
• Pacemaker
• Cardiac Resynchronization Therapy (CRT)
• Others
By Route of Administration
• Oral
• Parenteral
By End Users
• Hospitals
• Homecare
• Cardiac Arrhythmia Service
• Others
By Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• South America
o Brazil
o Rest of South America
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
• Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
• Middle East & Africa
o South Africa
o Rest of Middle East & Africa
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Key Developments in the Market:
• In March 2019, Acesion Pharma has received USD 0.74 million (5mm DKK) fund from the Innovation Fund Denmark for developing a novel selective SK channels blockers for the treatment of Atrial fibrillation (AF). This fund will supports the existing drug research and development plans and expand the company’s cardiology portfolio.
• In June 2017, InCarda Therapeutics, Inc reported positive top-line clinical data from a phase I clinical trials study for InRhythm(inhaled flecainide) is developing for the treatment of symptomatic acute events of paroxysmal atrial fibrillation. The trial demonstrated well-tolerated and rapid delivery of drug to the heart with no serious adverse events. This clinical trial results can suggest that InRhythm could restore normal heart rate and rhythm in patients suffering with this condition throughout the world.
Competitive Analysis:
Global arrhythmia treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global arrhythmia treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
Few of the major competitors currently working in the global arrhythmia treatment market are Pfizer Inc, Sawai Pharmaceutical Co., Ltd, Baxter, Aurobindo Pharma, Zydus Cadila, WOCKHARDT, Teva Pharmaceutical Industries Ltd, Novartis AG, Mylan N.V., Sun Pharmaceutical Industries Ltd, Fresenius Kabi AG, GlaxoSmithKline plc, Arbor Pharmaceuticals, ANI Pharmaceuticals, Inc, Vintage Labs, Nexus Pharmaceuticals, Inc, AstraZeneca, Dr. Reddy’s Laboratories Ltd, Acesion Pharma, Johnson & Johnson Services, Inc, InCarda Therapeutics, Inc and others
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Research Methodology: Global Arrhythmia Treatment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
• Current and future of global arrhythmia treatment market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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