Market Size of Calcium Channel Blocker Industry
Study Period | 2021 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.10 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Calcium Channel Blocker Market Analysis
The Calcium Channel Blocker Market is expected to register a CAGR of 5.1% during the forecast period.
The pandemic had a significant effect on market growth. For instance, the research study from Nature Journal published in January 2022 reported that anxiety related to the COVID-19 pandemic was linked to a temporary rise in the morning sleep blood pressure (SBP) among older patients and increased risk of cardiovascular events throughout the 1-year follow-up. As a result, continuous blood pressure monitoring became necessary both during and after the pandemic, which increased the demand for calcium channel blockers. Additionally, several projects involving blood pressure were initiated in 2020-21 to improve and support blood pressure. For example, the American Heart Association received USD 32 million in December 2020 through a series of cooperative agreements with the United States Department of Health and Human Services for a national initiative to improve COVID-19-related health outcomes by reducing high blood pressure among racial and ethnic populations, who have higher rates of high blood pressure and are at increased risk for COVID-19 and severe chronic conditions such as heart disease. Thus, the market had a significant impact on the market studied. However, currently, the market studied has reached its pre-pandemic stage in terms of demand for the products and is believed to witness strong growth in coming years.
The increasing prevalence rate of cardiovascular diseases and changing lifestyles of people are expected to boost the calcium channel blocker market growth.
Various research studies have been published to provide insight into calcium channel blockers. For instance, according to a research study by PubMed published in May 2022, calcium channel blockers (CCBs) like amlodipine significantly increase the therapeutic responses to gemcitabine in orthotopic xenografts and transgenic models of pancreatic ductal adenocarcinoma by inhibiting prosurvival Epidermal Growth Factor Receptor (EGFR). Therefore, the use of calcium channel blockers is increasing in orthopedic xenografts.
Hypertension, often referred to as elevated blood pressure, is one of the major causes associated with heart disease. Increasing heart disease is another factor in market growth. For instance, according to a news release issued by Boehringer Ingelheim GmbH in August 2021, heart failure is a chronic, incapacitating cardio-renal-metabolic disease that affects about 60 million individuals or more worldwide. As the prevalence of heart failure continues to rise, new therapeutic options are desperately needed. As a result, there was a global demand for the pharmaceuticals available to treat hypertension, which fueled the rise of the market under investigation. Thus, the abovementioned factors are expected to increase the market growth.
However, product recalls in recent years may hinder the market growth.
Calcium Channel Blocker Industry Segmentation
As per the scope, calcium channel blockers/ calcium antagonists are drugs that are used against indications such as hypertension and chest pain. It slows the calcium movement that helps to widen the blood vessels and makes it easier for the heart to pump blood. The Calcium Channel Blocker Market is Segmented By Drug Class (Dihydropyridine, Benzothizepine, Phenylalkylamine), Distribution Channel (Hospitals, Retail Pharmacies, and Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.
By Drug Class | |
Dihydropyridine | |
Benzothizepine | |
Phenylalkylamine |
By Distribution Channel | |
Hospitals | |
Retail Pharmacies | |
Other Distribution Channels |
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Calcium Channel Blocker Market Size Summary
The calcium channel blocker market is poised for significant growth, driven by the increasing prevalence of cardiovascular diseases and lifestyle changes that contribute to hypertension. The market experienced a notable impact during the COVID-19 pandemic, which heightened the demand for continuous blood pressure monitoring and, consequently, calcium channel blockers. Initiatives by organizations such as the American Heart Association to address high blood pressure in vulnerable populations further fueled market expansion. As the market stabilizes to pre-pandemic levels, it is expected to continue its upward trajectory, supported by ongoing research and the growing need for effective hypertension management solutions.
North America is anticipated to maintain a substantial share of the global calcium channel blocker market, largely due to the region's rising cardiovascular disease rates and sedentary lifestyle trends. Government initiatives, such as Mexico's endorsement of the HEARTS project, aim to enhance hypertension prevention and management, thereby increasing the demand for blood pressure medications. The market is characterized by fragmentation, with major players like Pfizer Inc., Abbvie Inc., and Novartis AG leading the charge. Recent regulatory approvals, such as the FDA's approval of Norliqva and preliminary approval for Selexipag tablets, underscore the ongoing innovation and competitive dynamics within the market.
Calcium Channel Blocker Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Growing Burden of Cardiovascular Diseases
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1.2.2 Changing Lifestyles of People
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1.3 Market Restraints
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1.3.1 Product Recalls
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Drug Class
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2.1.1 Dihydropyridine
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2.1.2 Benzothizepine
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2.1.3 Phenylalkylamine
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2.2 By Distribution Channel
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2.2.1 Hospitals
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2.2.2 Retail Pharmacies
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2.2.3 Other Distribution Channels
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle-East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle-East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Calcium Channel Blocker Market Size FAQs
What is the current Calcium Channel Blocker Market size?
The Calcium Channel Blocker Market is projected to register a CAGR of 5.10% during the forecast period (2024-2029)
Who are the key players in Calcium Channel Blocker Market?
Pfizer Inc., Abbvie Inc., Silvergate Pharmaceuticals Inc., Novartis AG and GlaxoSmithKline are the major companies operating in the Calcium Channel Blocker Market.