The Global Market for Acute Heart Failure (AHF) Therapeutics is Projected to Reach US$1.2 Billion by 2022

New Drugs in the Pipeline to Drive the Market for Acute Heart Failure (AHF) Therapeutics, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market size, share and demand forecasts on the global Acute Heart Failure (AHF) Therapeutics market. The global market for Acute Heart Failure (AHF) Therapeutics is projected to reach US$1.2 billion by 2022, driven by the expected launch of new therapies and spurt in the incidence and prevalence of AHF largely due to the aging population.

Acute heart failure (AHF) has emerged as a serious health problem, affecting particularly the elderly, and is the major cause of hospitalization and death. AHF is a medical condition characterized by tissue hypoperfusion, tissue congestion, lowered cardiac output and higher pulmonary capillary wedge pressure/PCWP. High in-hospital mortality and frequent re-hospitalization typify the condition. Therapeutic management of AHF aims at improving symptomatic conditions such as peripheral edema, tissue congestion and dyspnea. Conventional therapies of loop diuretics and vasodilators, which have remained largely unchanged for decades, currently dominate the market. Diuretic represents the basis or gold standard for acute heart failure therapy, and is considered the first-line therapy for AHF, which aid in removal of volume and decongestion. Vasodilators, on the other hand, are recommended for use in AHF patients as an adjunctive therapy to diuretics in hypertensive or normotensive patients for quick relief from congestive symptoms. Limited efficacy of existing medications and lack of novel effective medications leave significant unmet needs in the market. Additionally, aging population and growing incidence and prevalence of acute heart failure, which are the major drivers of market growth, are pushing the need for more effective therapies.

New therapies are under development to provide better AHF management, with a focus on near-term improvements in dyspnea and reduction of CV related and overall mortality. Recombinant biological drugs represent the new and promising approach to AHF therapy, with Novartis’ Serelaxin and Cardiorentis’ Urodilatin representing the most immediate and promising prospects based on their promising Phase 2 trial data. However, the first in class products both faced their own share of troubles during their development, with Serelaxin once rejected by both FDA and EMA, while Urodilatin, a natriuretic peptide, failed to show desired efficacy in its phase III trials. Launch of new and effective therapies, which are likely to be sold at higher prices, are expected to invigorate growth in the market in the coming years.

As stated by the new market research report on Acute Heart Failure (AHF) Therapeutics, Japan represents the largest market worldwide. Aging society, high prevalence of heart failure cases, and higher adoption of AHF therapeutics put Japan at the forefront of the global AHF therapeutics market. The United States represents the fastest growing market worldwide, with a CAGR of 47.3% through the analysis period.

Major players covered in the report include Bayer AG, Bristol-Myers Squibb Company, Cardiorentis AG, CVie Therapeutics Limited, Cytokinetics Inc., Merck & Co., Novartis AG, Orion Corporation and PhaseBio Pharmaceuticals Inc., among others.

The research report titled “Acute Heart Failure (AHF) Therapeutics: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for Acute Heart Failure (AHF) Therapeutics in value terms for all major geographic markets such as US, Japan, Europe (France, Germany, Italy, UK, Spain and Rest of Europe) and Rest of World.

To connect with us, visit our LinkedIn page.


Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

Comments

Post a Comment

Popular posts from this blog

The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022

Rise of Surfing as a Lifestyle Sport Among all Age Groups Drives the Global Surfing Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Surfing market. The global market for Surfing is projected to reach US$9.5 billion by 2022 , driven by the growing interest in surfing both as a leisure and sporting activity, increased accessibility to surfing through surf parks and surf pools and technology innovations focused on developing sophisticated surf-wear and surf-gear.                               Surfing is a surface water sport where a participant riding a board (the surfboard) is carried away by a breaking wave. The surfing industry continues to evolve, driven by sustained efforts of s...
Read more

The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022

Intense Competition among Students and the Growing Need to Achieve Academic Excellence Drive the Global Private Tutoring Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Private Tutoring market. The global market for Private Tutoring Services is forecast to reach US$227 billion by 2022 , driven by the need to keep pace with classroom teaching, improve overall competency and enhance knowledge and skill level. Education is considered the social ladder to achieve success in personal and professional life. Higher education is associated with increased opportunities in the labor market, high remunerations, and improved social standing. People are therefore investing heavily in children’s education, including private tutoring or private supplementary tutoring which is emerging as a major phenomenon in the global education system...
Read more
Image
The global market for Material Handling Equipment is projected to reach US$190.3 billion by 2025, driven by the strong emphasis shed on production and operational efficiency and worker safety. The concept of “last mile” is widely popularized in supply chain management and transportation planning for its ability to increase customer satisfaction and profitability. Automation, optimization and delivery route planning are therefore vital strategies adopted by companies to improve their last mile performance. Of equal importance are the “first mile” operations involving indoor material handling on the plant floor. Raw material being the primary and most importance element in manufacturing needs to move through multiple stages of production and final packaging in a smooth and seamless manner to prevent logistical bottlenecks in production. Timely handling of materials is important to ensure that right materials in right quantities are delivered to the right locations at the right ti...
Read more