Heart failure market to increase 5.2% CAGR by 2032 | Healthcare Asia Magazine
, Japan

Heart failure market to increase 5.2% CAGR by 2032

It is seen to increase to US$53b in 2032.

The market for heart failure is seen to grow from US$31.9b in 2022 to $53b in 2032 across seven major markets including the US, France, Germany, Italy, Spain, the UK, and Japan, GlobalData said in its latest forecast.

GlobalData also anticipates the launch of pipeline drugs Tirzepatide, omecamtiv mecarbil, Neucardin, and Kerendia (finerenone) to raise the market size and further promote the growth of the heart failure market.

Kajal Jaddoo, senior pharma analyst at GlobalData, said the pressure for pharmaceutical companies to be more innovative with their therapies and tackle unmet needs is increasing. 

“Companies are approaching the HF market with the strategies of optimizing treatment safety and compliance, as well as developing novel drug classes,” it said.

Jaddoo also pointed out that it will be easier for new drug entrants to capture HF market share if they offer a novel mechanism of action or help to improve compliance.
 

Follow the link for more news on

Join Healthcare Asia Magazine community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

NUHCS to start using breakthrough drug for rare lung condition
Winrevair, which treats hypertension from constricted lung arteries, costs  $3,700-$6,730
Healthcare
Singapore’s aged care homes fall short
Their services are routinary and not personalised mainly due to resource constraints.
Healthcare
Electronic health records with AI show promise
They are also at risk from backdoor attacks, data poisoning and unauthorised access.