The 7 major angina markets reached a value of US$ 6.8 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 10.1 Billion by 2034, exhibiting a growth rate (CAGR) of 3.7% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 6.8 Billion |
Market Forecast in 2034
|
US$ 10.1 Billion |
Market Growth Rate (2024-2034)
|
3.7% |
The angina market has been comprehensively analyzed in IMARC's new report titled "Angina Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Angina refers to a medical condition characterized by chest pain that develops when the heart muscle doesn't receive enough blood flow and oxygen. The pain is usually described as a squeezing, pressure, heaviness, tightness, or burning sensation in the chest, but it can also be felt in the arms, neck, jaw, shoulder, back, or stomach. Various other symptoms may include shortness of breath, sweating, nausea, dizziness, fatigue, etc. The pain or discomfort is triggered by physical activity, emotional stress, exposure to cold weather, or after a heavy meal, and tends to go away with rest. Diagnosing angina usually involves a medical history and physical examination to evaluate symptoms, risk factors, and a family history of heart disease. An electrocardiogram (ECG) is often performed to measure the electrical activity of the heart and look for any abnormalities. Numerous other procedures include a stress test to monitor the heart's response to physical activity, an echocardiogram to visualize the heart's structure and function, as well as blood tests to check for elevated levels of certain proteins or enzymes that indicate heart damage. Additionally, a coronary angiogram is also performed to view the coronary arteries and detect any blockages or narrowing that may be causing the angina symptoms.
The rising cases of coronary artery diseases, in which the arteries supplying blood to the heart muscle are blocked or narrowed due to the buildup of plaque, are primarily driving the angina market. In addition to this, the increasing prevalence of various risk factors, such as coronary artery spasm, aortic valve stenosis, hypertrophic cardiomyopathy, arrhythmias, anemia, emotional stress, etc., is also bolstering the market growth. Moreover, the widespread adoption of several medications, including nitroglycerin, beta-blockers, calcium channel blockers, etc., for reducing blood pressure and improving the heart's energy metabolism is acting as another significant growth-inducing factor. Besides this, the inflating demand for transcutaneous electrical nerve stimulation (TENS), which involves delivering a small electrical current to the nerves to reduce pain and discomfort associated with the ailment, is also creating a positive outlook for the market. Furthermore, the introduction of several enhanced drug delivery systems, including implantable drug delivery devices and targeted drug delivery systems, to improve the effectiveness of anti-anginal drugs is expected to drive the angina market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the angina market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for angina and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the angina market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current angina marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Nitrostat (Nitroglycerin sublingual) | Pfizer |
Ranexa (Ranolazine extended release) | Gilead Sciences |
Lovenox (Enoxaparin sodium) | Sanofi |
Tiazac (diltiazem hydrochloride) | Forest Laboratories |
Plavix (Clopidogrel) | Sanofi |
IMB1018972 | Imbria Pharmaceuticals |
AdVEGFXC1 | Xylocor Therapeutics |
AR 36 | Arbor Pharmaceuticals |
Ninerafaxstat | Imbria Pharmaceuticals |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Angina: Current Treatment Scenario, Marketed Drugs and Emerging Therapies