The Global Acute Coronary Syndrome Therapeutic Market is estimated to be USD 9.21 Bn in 2023 and is expected to reach USD 12.4 Bn by 2028 growing at a CAGR of 6.13%.Leveraging cutting-edge precision medicine, the Market is witnessing a paradigm shift toward personalized treatments for better patient outcomes
- A variety of medications are used to treat acute coronary syndrome with the goal of immediately restoring blood flow to the heart. These include drugs that dissolve blood clots, ease pain, and lower blood pressure, as well as procedures like angioplasty or the implantation of stents that unblock clogged arteries.
- The need for acute coronary syndrome therapies is driven by the increasing prevalence of atherosclerosis, a condition marked by plaque accumulation in arteries, and unstable angina, a type of chest discomfort brought on by decreased blood supply to the heart. These issues worsen by lifestyle changes, including poor diets and inactivity, which highlights the need for efficient therapies to treat and prevent acute coronary events. To meet the needs of the expanding patient population, pharmaceutical companies and healthcare organizations are forced to create and administer innovative remedies.
- The acute coronary syndrome is becoming far more common as the world's population ages. Due to their weakened immune systems, elderly people are more prone to cardiovascular illnesses, particularly acute coronary attacks. With improved outcomes and a higher quality of life, this demographic change highlights the need for modern therapeutic choices suited to the unique needs of older patients.
- The opportunity is in refining reperfusion procedures to increase blood flow to the myocardium of the heart and lessen acute coronary syndrome-related damage. This strategy considerably improves patient survival rates by successfully preventing reinfarction through prompt and focused therapies, showing the potential for better outcomes and better care of acute coronary syndrome cases.
- However, the market is constrained by the dearth of licensed medications created especially for treating acute coronary syndrome. The lack of a variety of therapeutic choices compromises the effectiveness of care and may make it more difficult for medical practitioners to adequately meet the needs of each unique patient.
- Drug side effects in the treatment of acute coronary syndrome present a challenge to the market. Some drugs may have negative side effects that affect patient compliance and tolerance. In order to properly manage this illness, healthcare practitioners must continue to strike a balance between efficacy and tolerability.
Market Segmentations
- The Global Acute Coronary Syndrome Therapeutic Market is segmented based on Type, Treatment, and Geography.
- By Type, the Global Acute Coronary Syndrome Therapeutic Market is classified into Non-ST-Elevation Myocardial Infarction, ST-Elevation Myocardial Infarction, and Unstable Angina.
- ST-Elevation Myocardial Infarction (STEMI) holds a larger market share. due to its critical and urgent nature. A coronary artery is completely blocked in a STEMI, necessitating prompt medical attention such angioplasty to reestablish blood flow. The need for STEMI-related therapeutic treatments is driven by the urgency of the treatment.
- By Treatment, the Global Acute Coronary Syndrome Therapeutic Market is classified into Drug Treatment, Post Discharge Treatment, Prehospital Care, and Reperfusion Therapy.
- Drug Treatment holds a significant market share. Drug therapy are frequently used as a primary intervention for acute coronary syndrome to manage symptoms, dissolve blood clots, and stabilize patients before additional interventions. Their market leadership is a result of both their accessibility and efficacy.
- By Geography, the Global Acute Coronary Syndrome Therapeutic Market is classified into the Americas, Europe, Middle-East & Africa, and Asia-Pacific.
- The Americas hold a larger market share. This is because these regions have larger incidence rates, stronger healthcare infrastructure, and more awareness as well as access to innovative treatments.
Recent Development
- GSK reaches agreement to acquire late-stage biopharmaceutical company BELLUS Health - April 2023
- AstraZeneca starts 2023 with $1.8 billion cardiovascular acquisition - January 2023
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are AbbVie Inc., Bayer Ag, F. Hoffman-La Roche Ag, Sanofi SA, etc.Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxemburg, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Nigeria, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
- The report presents a detailed Ansoff matrix analysis for the Global Acute Coronary Syndrome Therapeutic Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
- The publisher analyses the Global Acute Coronary Syndrome Therapeutic Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
- Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Acute Coronary Syndrome Therapeutic Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The research report also provides a detailed market size analysis and projections in volume and value terms. The projections are calculated using verified research methodologies.
- Excel data sheet for the market size will also be provided with the report.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
- The report includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report includes Self-Assessment Form, which helps customers evaluate their position in the market compared to their competitors
- The report offers customized research - tailored uniquely to our customers with a quick turnaround time. We offer a 15% customization option at no extra charge to all our clients for any of our syndicated reports.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Impact Analysis - a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment.
- Market segmentation
- Competitive Analysis: Comparative analysis of competitor
- Historical, current, and projected size of the market based on value and volume
- Market size of the US states
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Acute Coronary Syndrome Therapeutic Market, By Type
7 Global Acute Coronary Syndrome Therapeutic Market, By Treatment
8 America’s Acute Coronary Syndrome Therapeutic Market
9 Europe's Acute Coronary Syndrome Therapeutic Market
10 Middle East and Africa's Acute Coronary Syndrome Therapeutic Market
11 APAC's Acute Coronary Syndrome Therapeutic Market
12 Competitive Landscape
13 Company Profiles
14 Appendix
Companies Mentioned
- AbbVie Inc.
- Aspen Pharmacare Holdings Ltd.
- AstraZeneca PLC
- Bayer Ag
- Boehringer Ingelheim International GmbH
- Bristol Myers Squibb Co.
- Daiichi Sankyo, Inc.
- Eli Lilly and Co.
- F.Hoffmann-La Roche Ag
- Gilead Sciences, Inc.
- GlaxoSmithKline PLC
- Johnson & Johnson
- Menarini Group
- Merck & Co., Inc.
- Mylan N.V.
- Novartis AG
- Otsuka Pharmaceutical Co. Ltd.
- Pfizer, Inc.
- Prestige Consumer Healthcare, Inc.
- Sanofi SA
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 155 |
Published | February 2024 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 9.21 Billion |
Forecasted Market Value ( USD | $ 12.4 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |