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Global Cardiovascular Drugs Market Analysis The global cardiovascular drugs market reached USD 59.29 billion in 2024 and is projected to grow to USD 80.44 billion by 2032, with a compound annual growth rate (CAGR) of 3.9%. Market Leadership North America dominates the market with a 45.31% share in 2024, driven by: High prevalence of cardiovascular diseases New product launches Increased R&D initiatives Greater awareness of risk factors like diabetes Key Market Segments By Drug Type Anticoagulants hold the largest market share and highest CAGR Antihypertensive drugs represent the second-largest segment Other segments include antihyperlipidemic and antiplatelet drugs By Distribution Channel 1.Hospital pharmacies (dominant share) 2.Retail pharmacies (second largest) 3.Online pharmacies (highest projected CAGR) Major Industry Players Leading companies include: Bristol-Myers Squibb Company Pfizer Inc. Bayer AG Janssen Pharmaceuticals AstraZeneca Sanofi Novartis AG Market Drivers The market growth is propelled by: Increased awareness of cardiovascular health Rising demand for effective therapeutics
Introduction of advanced drugs like Eliquis Growing prevalence of cardiovascular diseases globally Clinical Development Insights Phase distribution of discontinued cardiovascular drugs (2011-2022): Phase 2: 45.2% Phase 1: 36.7% Phase 3 and Preclinical: <25% combined Recent Industry Developments Key developments in 2025: FDA approval of additional indication for Janssen's Xarelto Launch of Anthos Therapeutics by Novartis and Blackstone Introduction of valsartan-sacubitril by Natco Pharma Report- Fortune Business Insights - Cardiovascular Drugs Market Size, Share & Growth Report, 2032 https://www.fortunebusinessinsights.com/industry-reports/cardiovascular-therapeutics-market- 100379