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The global cardiogenic shock treatment market is witnessing significant growth due to increasing prevalence of cardiovascular diseases. Some of these diseases result in cardiogenic shock, such as heart attack, atrial fibrillation, myocarditis, cardiomyopathy, and others.
The treatments available for cardiogenic shock consist of medications and surgical procedures. There are many drugs available in the market for cardiogenic shock treatment. However, these drugs only treat the symptoms of cardiogenic shock.
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Rising Cases of Cardiovascular Diseases to Propel the Market Growth
The adoption of strenuous lifestyles is a significant contributing factor to the increasing risk of cardiovascular diseases, such as cardiogenic shock. This increase in the cases of cardiovascular conditions is leading to a higher demand for effective treatments, driving the advancements in therapeutics and investments in the market.
Limited Clinical Practices of Cardiogenic Shock Management May Limit Market Growth
The growth of the global cardiogenic shock treatment market is significantly restricted by the limited clinical practices/guidelines available for managing the condition. Although the incidence of cardiovascular diseases is on the rise, the lack of standardized and effective treatment protocols for cardiogenic shock poses major challenges. This gap in clinical practices leads to inconsistent treatment outcomes and hampers the development and adoption of innovative therapies.
Rise in Research and Development Activities to Create Growth Opportunities
The initiations of research and development activities to introduce a novel drug for the treatment of cardiogenic shock is expected to significantly contribute to the market growth during the forecast period.
The provision of personalized treatment based on the patient’s condition by incorporating factors such as the severity of shock and the type of cardiogenic shock, with its unchangeable risk factors for mortality, can help in making accurate clinical verdicts and predictions about the patient’s condition.
The report covers the following key insights:
By Drug Type | By Route of Administration | By Distribution Channel | By Geography |
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Based on drug type, market is divided into inotropes, vasopressors, antiplatelet, blood thinners and others.
The inotropes segment accounts for a substantial share of the global market as inotropes are the first line of treatment for hypotension and end-organ hypoperfusion caused by the cardiogenic shock.
In terms of route of administration, the market is divided into two segments, the oral and parenteral segments.
The parenteral segment accounts for a significant share of the market. The segmental growth is attributed to the development of new medications as well as the substantial usage of parenteral administration for cardiogenic shock treatment.
In terms of distribution channel, the market is segmented into hospital pharmacies, drug stores & retail pharmacies, and online pharmacies.
The hospital pharmacies accounted for a considerable share in the global cardiogenic shock treatment market. The segmental growth is due to the requirement that the treatment for cardiogenic shock should often be undertaken in hospital settings with trained healthcare professionals. This allows the proper and safe administration of complex therapeutics and hence these medications are prescribed in these settings. Furthermore, the various pharmaceutical companies are collaborating with healthcare settings to improve the treatment of such cardiovascular diseases using the clinical algorithm.
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By region, the market has been studied across Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.
In terms of region, the North America accounted for a significant share in the global market. The regional market growth is attributed to the advanced healthcare infrastructure, a high prevalence of cardiovascular diseases, and significant investments in medical research and development initiatives.
The Europe market accounted for a moderate share in the global market. The growth is due to the strong government support for various healthcare initiatives, which enhances the development and adoption of effective treatments.
The Asia Pacific region is expected to grow at a higher CAGR during the forecast period fuelled by the rapid expansion of healthcare infrastructure and the growing prevalence of various cardiovascular disease, which lead to cardiogenic shock treatment.
The global cardiogenic shock treatment market is fragmented, with the presence of large number of companies. For instance, in the U.S., Pfizer is the only manufacturer and produces about 30% of dobutamine in flexible containers. Dobutamine hydrochloride injection is a direct-acting inotropic agent that produces mild chronotropic, hypertensive, and arrhythmogenic effects compared to other drugs.
The report covers the profiles of the following key players:
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