Global Angiotensin Receptor Blockers & Neprilysin Inhibitors Market: Overview
Angiotensin receptor blockers and neprilysin inhibitors is a combination of two drugs viz. a neprilysin inhibitor and an angiotensin receptor blocker. The inhibition of neprilysin helps in increasing the level of natriuretic peptides. Angiotensin receptor blockers & neprilysin inhibitors factor is very important for the maintenance of balance of sodium and fluids in the body through vasodilation, diuresis, and natriuresis. Angiotensin receptor blockers & neprilysin inhibitors helps in reducing the risk of heart failure and decreasing the blood pressure. The inhibition of activating angiotensin-II receptor causes decline in the production of aldosterone, vasodilation, and decrease in the production of vasopressin. This, in turn, results in decreased blood pressure. Risky complications of the heart failure are reduced with the use of a combination of neprilysin inhibitors and angiotensin receptor blockers.
The function of the heart is to pump the blood to the entire body and help in transferring nutrients and oxygen to every cell of the body. The failure of the heart to perform this key function adequately is simply known as congestive heart failure. The term ‘congestive heart failure’ can be used only if the heart receives a sufficient volume of the blood from the incoming blood vessels at a normal filling pressure, but is not able to pump enough blood to the body. On the other hand, if the heart itself does not receive a sufficient volume of the blood in the first place from the incoming blood vessels, the condition is not known as congestive heart failure. Congestive heart failure is the indication that occurs if the fluid backs up behind the failing ventricle, or if there is a decrease in the flow of blood from the heart (i.e. the cardiac output), or both.
Global Angiotensin Receptor Blockers & Neprilysin Inhibitors Market: Drivers and Restraints
The increasing prevalence of the congestive heart failure all over the globe is driving the angiotensin receptor blockers & neprilysin inhibitors market. According to Centers for Disease Control & Prevention (CDC), in the U.S., approximately 5.7 million adults are living with heart failure. Within around five years of the diagnosis of the heart failure, about 50% of them die. The cost incurred to the nation due to heart failures is approximately US$ 30.7 Bn every year. This includes medications to treat the heart failure, missed days of work, and health care services. Certain diseases that hamper the functioning of the heart are diabetes, heart attack, high blood pressure, coronary heart disease (the most common type of heart disease). The risk of the heart failure increases due to obesity; lack of enough physical activity; consumption of foods high in sodium, cholesterol, and fats; and smoking of tobacco.
Global Angiotensin Receptor Blockers & Neprilysin Inhibitors Market: Key Segments
The global angiotensin receptor blockers & neprilysin inhibitors market can be segmented based on distribution channel and region. Based on distribution channel, the Angiotensin Receptor Blockers & Neprilysin Inhibitors market can be classified into retail pharmacies, online pharmacies, and hospital pharmacies. The hospital pharmacies segment is anticipated to dominate the Angiotensin Receptor Blockers & Neprilysin Inhibitors market during the forecast period, owing to increased availability of angiotensin receptor blockers and neprilysin inhibitors in hospital pharmacies.
Geographically, the global angiotensin receptor blockers & neprilysin inhibitors market can be categorized into Latin America, Asia Pacific, Europe, North America, and Middle East & Africa. North America held the largest Angiotensin Receptor Blockers & Neprilysin Inhibitors market share in 2016, due to increased research and development of angiotensin receptor blockers and neprilysin inhibitors in the region. Europe held the second-largest Angiotensin Receptor Blockers & Neprilysin Inhibitors market share in 2016, due to increasing prevalence of heart failures in the region. The Angiotensin Receptor Blockers & Neprilysin Inhibitors market in Asia Pacific is anticipated to expand at a moderate pace from 2017 to 2025, owing to increasing initiatives regarding health care by governments in the region. The Angiotensin Receptor Blockers & Neprilysin Inhibitors markets in Middle East & Africa and Latin America are anticipated to expand at a moderate pace during the forecast period, due to growing awareness regarding angiotensin receptor blockers and neprilysin inhibitors in these regions.
Global Angiotensin Receptor Blockers & Neprilysin Inhibitors Market: Key Players
Only one company i.e. Novartis AG is a key player operating in the global angiotensin receptor blockers & neprilysin inhibitors market.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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