
Middle East and Africa Cardiometabolic Diseases Market
No. of Pages: 154 | Report Code: TIPRE00026138 | Category: Life Sciences
No. of Pages: 154 | Report Code: TIPRE00026138 | Category: Life Sciences
Market Introduction
The cardiometabolic disease is characterized by a group of abnormalities and symptoms that raise the risk of individuals developing cardiovascular disease. Hypertension, obesity, insulin resistance, dyslipidemia, poor cholesterol profile (LDL), and glucose tolerance are some of the symptoms. Individuals suffering from cardiometabolic syndrome are prone to several other life-threatening diseases such as type 2 diabetes, stroke, coronary artery disease (CAD), cardiovascular disease (CVD), and many others.
Moreover, the increasing prevalence of cardiometabolic diseases is expected to bolster the market growth during the forecast period. However, underdiagnosis of CVDs in low- and middle-income countries (LMICs) limits the growth of the Middle East and Africa cardiometabolic diseases market.
The pandemic has increased the demand for medical devices that can be used in a home care setting. The region has observed increasing numbers of patients admitted to intensive care units (ICU). A rising number of medications imposing multiple diagnostic and therapeutic challenges on stressed healthcare systems, leading to a rise in medical devices and pharmaceuticals. Also, the increasing number of cases of chronic conditions has increased, which resulted in an increased use of drugs for combating the virus. During the widespread COVID-19 pandemic, there have been worries about the potential of certain blood pressure medications such as angiotensin converting enzyme inhibitors (ACEi) and angiotensin-converting blockers (ARB). The current severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) uses the membrane-bound angiotensin-converting enzyme 2 (ACE2) receptors to facilitate entry into the host cell. This pandemic enhanced the business operation of the various drug manufacturers operating in the cardiometabolic diseases market in the region.
Market Overview and Dynamics
The Middle East and Africa cardiometabolic diseases market is projected to reach US$ 5,008.5 million by 2028 from US$ 4,300.9 million in 2021; it is anticipated to grow at a CAGR of 2.2% from 2021 to 2028. CMD-based drug candidate pipeline is expanding for a wide range of therapeutic applications, including hypertension, diabetes, and inflammatory disorders. Many big and small pharmaceutical companies are involved in developing several small-molecule drugs. For instance, AstraZeneca has more than 25 therapies and therapy combinations in its early-to-late-stage cardiovascular, renal, and metabolism (CVRM). Based on advanced technologies, several products are being introduced for the treatment of CMDs. Further, the increasing investment in research related to CMDs is propelling the cardiometabolic diseases market significantly. All these investments are reflected positively on this Middle East and Africa cardiometabolic diseases market’s growth.
Key Market Segments
In terms of type, the cardiovascular disease segment accounted for the largest share of the Middle East and Africa cardiometabolic diseases market in 2020. In terms of treatment, the ACE inhibitors segment accounted for the largest share of the Middle East and Africa cardiometabolic diseases market in 2020. In terms of dosage, the tablet segment accounted for the largest share of the Middle East and Africa cardiometabolic diseases market in 2020. In terms of route of administration, the oral segment accounted for the largest share of the Middle East and Africa cardiometabolic diseases market in 2020. In terms of end user, the hospital segment accounted for the largest share of the Middle East and Africa cardiometabolic diseases market in 2020. Further, based on distribution channel, the hospital pharmacy segment held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the cardiometabolic diseases market in Middle East and Africa are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Bayer AG, Novartis AG, Boehringer Ingelheim International Gmbh, Novo Nordisk A/S, and AstraZeneca.
Reasons to Buy Report
MIDDLE EAST AND AFRICA CARDIOMETABOLIC DISEASES MARKET SEGMENTATION
By Type
By Treatment
By Dosage
By Route of Administration
By End Users
By Distribution Channel
By Country
Companies Mentioned
Strategic insights for the Middle East and Africa Cardiometabolic Diseases provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 4,300.9 Million |
Market Size by 2028 | US$ 5,008.5 Million |
Global CAGR (2021 - 2028) | 2.2% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
The geographic scope of the Middle East and Africa Cardiometabolic Diseases refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Middle East and Africa Cardiometabolic Diseases Market is valued at US$ 4,300.9 Million in 2021, it is projected to reach US$ 5,008.5 Million by 2028.
As per our report Middle East and Africa Cardiometabolic Diseases Market, the market size is valued at US$ 4,300.9 Million in 2021, projecting it to reach US$ 5,008.5 Million by 2028. This translates to a CAGR of approximately 2.2% during the forecast period.
The Middle East and Africa Cardiometabolic Diseases Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Cardiometabolic Diseases Market report:
The Middle East and Africa Cardiometabolic Diseases Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Cardiometabolic Diseases Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Cardiometabolic Diseases Market value chain can benefit from the information contained in a comprehensive market report.