South and Central America Cardiometabolic Diseases Market

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 South and Central America cardiometabolic diseases market.

Brazil, Argentina, Uruguay, Chile, Peru, Colombia is concerned by the second wave of corona infection. Amongst which Brazil has registered the majority of the deaths. It is anticipated that the region will likely force a second lockdown, which will ultimately hamper the healthcare industry in the area. There have been intensive attempts to explore drug therapy to prevent and treat SARS-CoV-2 infection during this COVID-19 pandemic. Thus, the ongoing clinical studies regarding cardiometabolic diseases market for COVID in the region is likely to favor the growth of the market. 

Market Overview and Dynamics

The South and Central America cardiometabolic diseases market is projected to reach US$ 10,295.5 million by 2028 from US$ 8,472.6 million in 2021; it is anticipated to grow at a CAGR of 2.8% from 2021 to 2028. The healthcare industry's transformation from one-size-fits-all to a targeted approach is expanding the demand for personalized medicines. Due to advances in personalized medicine based on individual genetic structure, these medicines are steadily becoming the trademark of chronic disease treatments. The increasing research on the integration of personalized treatment for chronic diseases is opening new therapeutic avenues. Pharmaceutical giants have also been exploring personalized treatment options for CMDs. Recently, Novartis received rights from Akcea Therapeutics to develop and commercialize TQJ230, an investigational agent for targeted cardiovascular therapy. Millions of people have elevated lipoprotein (a), an independent inherited CVD risk factor that cannot be effectively addressed by diet and other lifestyle changes. If approved, TQJ230 could be the first-in-class treatment, explicitly targeting elevated Lp(a). Also, advancements in AI and data analytics are supporting disease management development by personalizing medicines to provide precise intervention. These factors have increased the growth trajectory of the South and Central America cardiometabolic diseases market.

Key Market Segments

In terms of type, the cardiovascular disease segment accounted for the largest share of the South and Central America cardiometabolic diseases market in 2020. In terms of treatment, the ACE inhibitors segment accounted for the largest share of the South and Central America cardiometabolic diseases market in 2020. In terms of dosage, the tablet segment accounted for the largest share of the South and Central America cardiometabolic diseases market in 2020. In terms of route of administration, the oral segment accounted for the largest share of the South and Central America cardiometabolic diseases market in 2020. In terms of end user, the hospital segment accounted for the largest share of the South and Central America 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 South and Central America 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, Kowa Company, Ltd., Boehringer Ingelheim International Gmbh, Novo Nordisk A/S, and AstraZeneca.

Reasons to Buy Report

• To understand the South and Central America cardiometabolic diseases market landscape and identify market segments that are likely to guarantee a strong return
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• To efficiently plan merger and acquisition, and partnership deals in the South and Central America cardiometabolic diseases market by identifying segments with the most promising probable sales
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• To obtain market revenue forecast of the South and Central America cardiometabolic diseases market based on various segments for the period 2021–2028

SOUTH AND CENTRAL AMERICA CARDIOMETABOLIC DISEASES MARKET SEGMENTATION

By Type

• Cardiovascular disease (CVD)
• Type 2 diabetes
• Hypertension
• Obesity

By Treatment

• ACE inhibitors
• Diuretics
• Glucophage
• Others

By Dosage

• Tablet
• Injection

By Route of Administration

• Oral
• Intravenous 

By End Users

• Hospital
• Clinic
• Homecare settings

By Distribution Channel

• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy

By Country

• South and Central America
• Brazil
• Argentina
• Rest of South and Central America

Companies Mentioned

• Bayer AG                         
• Novartis AG                   
• Boehringer Ingelheim International Gmbh
• Novo Nordisk A/S       
• AstraZeneca
• Kowa Company, Ltd.                 

South and Central America Cardiometabolic Diseases Strategic Insights

Strategic insights for the South and Central America 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.

South and Central America Cardiometabolic Diseases Report Scope

South and Central America Cardiometabolic Diseases Regional Insights

The geographic scope of the South and Central America 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.