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Global Critical Care Antiarrhythmic Drugs Market: By Drug Class: Bovine, Human, Recombinant, Others; By End Use: Hospitals, Diagnostics, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Critical Care Antiarrhythmic Drugs Market Outlook
The global critical care antiarrhythmic drugs market reached a value of about USD 951.68 million in 2021. The market is further expected to grow at a CAGR of 5.62% in the forecast period of 2022-2027 to reach a value of around USD 1321.32 million by 2027.
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North America to be a Significant Regional Market for Critical Care Antiarrhythmic Drugs
North America represents a significant share of the critical care antiarrhythmic industry due to advancements in cutting-edge medical research and development (R&D) activities. The introduction of favourable reimbursement policies by governments and advanced health care infrastructure in the region is expected to surge the demand for critical care antiarrhythmic medicines and bolster the market growth in the forecast period. As several government-funded organisations, academic institutions, and private entities are intensely initiating clinical trials and drug development activities for effective treatment of complicated cardiac disorders, the market is poised to grow robustly in the coming years.
Europe is witnessing rapid growth owing to the increasing geriatric population with various health-related issues. The introduction of various favourable initiatives by governments to bolster the accessibility of healthcare is propelling the market growth. Further, the rising awareness regarding atrial fibrillation and associated heart conditions is anticipated to propel the regional market growth, which is estimated to significantly contribute to the growth of the overall industry.
Critical Care Antiarrhythmic Drugs: Market Segmentation
Critical care antiarrhythmic drugs refer to medications that are used in the treatment of arrhythmias during serious cardiovascular issues. They follow up on the heart's electrical conduction system trying to keep up the sinus beat. Calcium channel blockers, anti-adrenergic agents, antiarrhythmic agents, diuretic agents, and angiotensin-converting enzyme (ACE) inhibitors are some of the medications used to treat cardiac problems. Antiarrhythmic medications work by inhibiting aberrant cardiac rhythms caused by atrial flutter, atrial and ventricular fibrillation, and other irregular electrical activity of the heart.
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By drug class, the market is divided into:
- Bovine
- Human
- Recombinant
- Others
Based on end-use, the market includes:
- Hospitals
- Diagnostics
- Others
The EMR report looks into the regional markets of critical care antiarrhythmic drugs like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing Regulatory Approvals of Novel Drug Formulations Boosting the Market Growth of Critical Care Antiarrhythmic Drugs
The growth of the critical care antiarrhythmic drugs industry can be attributed to the increasing approvals and active support for novel medication formulations for antiarrhythmic treatment by regulatory agencies. This, in turn, is encouraging major companies to innovate and bolster production, allowing them to meet the growing demand for effective cardiac treatments, hence driving the market growth. Moreover, the increasing prevalence of cardiovascular diseases in both developed and developing countries is expected to fuel the antiarrhythmic drugs industry in the forecast period. With the growing focus on heart health, the demand for critical care antiarrhythmic drugs is increasing, hence driving the market growth. The surging research and development (R&D) activities in drug discovery is anticipated to provide further impetus to the market growth in the coming years.
Key Industry Players in the Global Critical Care Antiarrhythmic Drugs Market
The report gives a detailed analysis of the following key players in the global critical care antiarrhythmic drugs market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Pfizer
- GlaxoSmithKline plc
- Sanofi
- Mylan N.V.
- Upsher-Smith Laboratories LLC
- Novartis AG
- Mayne Pharma
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2021 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Drug Class, End-use, Region |
| Breakup by Drug Class | Bovine, Human, Recombinant, Others |
| Breakup by End Use | Hospitals, Diagnostics, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Pfizer, GlaxoSmithKline plc, Sanofi, Mylan N.V., Upsher-Smith Laboratories LLC, Novartis AG, Mayne Pharma, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Critical Care Antiarrhythmic Drugs Market Analysis
8.1 Key Industry Highlights
8.2 Global Critical Care Antiarrhythmic Drugs Historical Market (2017-2021)
8.3 Global Critical Care Antiarrhythmic Drugs Market Forecast (2022-2027)
8.4 Global Critical Care Antiarrhythmic Drugs Market by Drug Class
8.4.1 Bovine
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Human
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Recombinant
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Others
8.5 Global Critical Care Antiarrhythmic Drugs Market by End Use
8.5.1 Hospitals
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Diagnostics
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Others
8.6 Global Critical Care Antiarrhythmic Drugs Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Pfizer
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 GlaxoSmithKline plc
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Sanofi
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Mylan N.V.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Upsher-Smith Laboratories LLC
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Novartis AG
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Mayne Pharma
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Critical Care Antiarrhythmic Drugs Market: Key Industry Highlights, 2017 and 2027
2. Global Critical Care Antiarrhythmic Drugs Historical Market: Breakup by Drug Class (USD Million), 2017-2021
3. Global Critical Care Antiarrhythmic Drugs Market Forecast: Breakup by Drug Class (USD Million), 2022-2027
4. Global Critical Care Antiarrhythmic Drugs Historical Market: Breakup by End Use (USD Million), 2017-2021
5. Global Critical Care Antiarrhythmic Drugs Market Forecast: Breakup by End Use (USD Million), 2022-2027
6. Global Critical Care Antiarrhythmic Drugs Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Critical Care Antiarrhythmic Drugs Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Critical Care Antiarrhythmic Drugs Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Critical Care Antiarrhythmic Drugs Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Critical Care Antiarrhythmic Drugs Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Critical Care Antiarrhythmic Drugs Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Critical Care Antiarrhythmic Drugs Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Critical Care Antiarrhythmic Drugs Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Critical Care Antiarrhythmic Drugs Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Critical Care Antiarrhythmic Drugs Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Critical Care Antiarrhythmic Drugs Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Critical Care Antiarrhythmic Drugs Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Critical Care Antiarrhythmic Drugs Market Structure
Key Questions Answered in the Report
In 2021, the global critical care antiarrhythmic drugs market attained a value of about USD 951.68 million.
The market is projected to grow at a CAGR of 5.62% between 2022 and 2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach nearly USD 1321.32 million by 2027.
The market is being aided by the expansion of health care infrastructure, the increasing geriatric population, and the surging clinical trials and drug development activities for effective treatment of complicated cardiac disorders.
The increasing approval of novel drugs, the rising prevalence of cardiovascular diseases, and the surging research and development (R&D) activities in drug discovery are estimated to propel the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drug classes of critical care antiarrhythmic drugs are bovine, human, and recombinant, among others.
The significant disease types of antiarrhythmic drugs in the market are hospitals and diagnostics, among others.
The major players in the industry are Pfizer, GlaxoSmithKline plc, Sanofi, Mylan N.V., Upsher-Smith Laboratories LLC, Novartis AG, and Mayne Pharma, among others.
Analyst Review
The global critical care antiarrhythmic drugs market attained a value of about USD 951.68 million in 2021, driven by the increasing prevalence of cardiovascular diseases. Aided by the research and development (R&D) activities and favourable reimbursement policies, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 5.62%. The market is projected to reach nearly USD 1321.32 million by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on drug class, the critical care antiarrhythmic drugs industry is divided into bovine, human, and recombinant, among others. On the basis of end-use, the market is segmented into hospitals and diagnostics, among others. The major regional markets for critical care antiarrhythmic drugs are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are Pfizer, GlaxoSmithKline plc, Sanofi, Mylan N.V., Upsher-Smith Laboratories LLC, Novartis AG, and Mayne Pharma, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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