loader
report-image

Beta blockers Drugs Market Analysis by Type (Human Cornea, Artificial Cornea), By Surgery Method (Penetrating Keratoplasty, Endothelial Keratoplasty), By Application (Keratoconus, Fuchs Dystrophy, Infectious Keratitis, Corneal Ulcers) and by Region: Global Forecast, 2024 - 2033

  • PUBLISHED ON
  • 2024-01-23
  • NO OF PAGES
  • 191
  • CATEGORY
  • Healthcare & Life Sciences

Market Overview

The Beta Blockers Drugs market is predicted to develop at a compound annual growth rate (CAGR) of 5.92% from 2024 to 2033, when it is projected to reach USD 15.32 billion, based on an average growth pattern. The market is estimated to reach a value of USD 10.46 billion in 2024.

                                

SOURCE: We Market Research

A class of drugs known as beta blockers mainly targets beta-adrenergic receptors, which are essential for controlling blood pressure and heart rate. Beta blockers lessen the workload on the heart and prevent the circulatory system from being overstimulated by preventing the effects of stress hormones like adrenaline. They are therefore useful in treating illnesses including hypertension, angina, and some heart rhythm abnormalities since this lowers blood pressure and heart rate. Furthermore, beta blockers are utilized to lessen migraine and anxiety symptoms. These medications' effects on the sympathetic nervous system mean that, despite their cardiovascular focus, their uses may be increasing.

The market for beta blocker medications is fueled by a number of factors that contribute to its widespread usage. The need for beta blockers has increased due to the rising incidence of cardiovascular disorders such heart failure and hypertension, which can be effectively treated by controlling blood pressure and heart function. Further driving market expansion are developments in medical research and technology, as well as rising awareness of the significance of cardiovascular health. Furthermore, the growing worldwide aging population, which is frequently at risk for cardiovascular problems, drives up demand for beta blockers. Furthermore, their uses in the management of migraines, anxiety, and other non-cardiovascular diseases support the market for beta blocker medications' steady expansion.

  

Market Scope

Report Attributes

Description

Market Size in 2024

USD 10.46 Billion

Market Forecast in 2033

USD 15.32 Billion

CAGR % 2024-2033

5.92%

Base Year

2023

Historic Data

2016-2022

Forecast Period

2024-2033

Report USP

 

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Drugs, by Indication, by End-Users and By Region

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

 

Beta blockers Drugs Industry: Dynamics & Restrains

Market Drivers

Rising Prevalence of Cardiovascular Diseases - The market for beta blocker medications is significantly influenced by the increased incidence of cardiovascular diseases throughout the world. Effective treatment solutions are in greater demand as the prevalence of diseases including hypertension, angina, and heart failure keeps rising. In order to help patients, manage these cardiovascular conditions, beta blockers are essential since they provide a way to reduce blood pressure, lower their risk of heart attacks, and enhance cardiac function in general. The rising prevalence of cardiovascular illnesses highlights the need for pharmacological therapies such as beta blockers, establishing them as essential elements in the all-encompassing worldwide treatment of cardiovascular health.

Increasing Awareness and Accessibility - The Beta Blockers Drugs Market is being driven by the increased awareness of these devices and the benefits they offer. Patients and medical professionals are becoming more aware of how well these implants work to cure different kinds of vision problems, which is leading more people to look into these options. Increased knowledge encourages a proactive approach to vision care, leading more people to investigate and choose Beta Blockers Drugs as a dependable option for treating eye disorders. This increase in demand stimulates research and innovation, which advances implant technologies and improves patient outcomes in addition to propelling market expansion.

Market restrains

Emerging Alternative Therapies - New alternative medicines offering creative methods to treat patients are stifling the market for beta blocker pharmaceuticals. As the pharmaceutical industry evolves, new drugs and treatment modalities with potentially improved efficacy and fewer side effects are posing a threat to established beta blockers. The commercial dominance of beta blockers may be threatened if patients and medical professionals choose one of these alternatives. The continuous introduction of new treatments has led to a more diverse market for cardiovascular medications. This has an impact on the demand for beta blockers and pushes them to continuously differentiate and adapt in order to maintain their market share in the face of evolving treatment options. The dynamic nature of the market highlights the need for ongoing research and development in order to address the problems presented by alternative treatments.

We Market Research: Beta blockers Drugs Dashboard

Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.

                                   

Beta blockers Drugs Segmentation

Market- By Drugs Analysis

By Drugs, the Beta Blockers Drugs Market is Categories into Metaprolol, Betaxolol, Acebutolol, Esmolol, Atenolol, and Others. The Atenolol segment accounts for the largest share of around 29% in 2022.

                                      

The market for beta blockers is dominated by the Atenolol sector, which is driven by the drug's extensive usage for hypertension, effectiveness in treating cardiovascular problems, established safety record, affordability, patient tolerance, and generic drug availability. Patients and medical experts alike continue to want atenolol because to its well-known brand, reasonable price, and low risk of adverse effects.

The following segments are part of an in-depth analysis of the global Beta Blockers Drugs market:

Market Segments

 

By  Indication

·         Angina Pectoris

·         Heart Failure

·         High Blood Pressure

·         Others

By  End-Users

·         Hospitals

·         Homecare

·         Specialty Clinics

·         Others

 

Beta blockers Drugs Industry: Regional Analysis

North America Market Forecast

North America dominate the Beta Blockers Drugs Market with the highest revenue generating market with share of more than 48%. In North America, particularly the United States, the key drivers for the beta blockers drugs market include a high prevalence of cardiovascular diseases, a well-established healthcare infrastructure, and a significant aging population. The increasing awareness of cardiovascular health, coupled with advancements in medical technology and healthcare services, contributes to a robust market for beta blockers.

                              


Europe Market Statistics

Europe is the second-largest market for Beta Blockers Drugs. Europe, encompassing countries like the United Kingdom, Germany, France, Italy, and Spain, experiences a rising demand for beta blockers due to a combination of factors. The aging population, lifestyle changes, and the increasing incidence of cardiovascular diseases contribute to the market growth. The well-developed healthcare systems in these countries, with a focus on preventive care and treatment, also play a pivotal role.

Asia Pacific Market Forecasts

Asia Pacific is expected to be the fastest-growing market for Beta Blockers Drugs during the forecast period. In the Asia-Pacific region, countries such as China and India are witnessing a surge in the prevalence of cardiovascular diseases as a result of urbanization, changing dietary habits, and an aging population. The expanding middle class, along with improvements in healthcare infrastructure, has led to increased awareness of health issues, further driving the demand for beta blockers.

 

Key Market Players

The Beta Blockers Drugs Market is dominated by a few large companies, such as

·         Pfizer

·         Novartis

·         Merck & Co.

·         AstraZeneca

·         Teva Pharmaceutical Industries

·         Lupin

·         GlaxoSmithKline plc.

·         Sun Pharmaceutical Industries Ltd.

·         Others

Recent Developments:

·         June 2022, Eagle Pharmaceuticals, Inc. declared that it has applied for approval of a new medication, landiolol, a beta-1 adrenergic blocker, to the U.S. Food and Drug Administration.

·         April 2022, An FDA approval has made Camzyos (mavacamten, 2.5 mg, 5 mg, 10 mg, and 15 mg capsules) available to adults with symptomatic New York Heart Association (NYHA) class II–III obstructive hypertrophic cardiomyopathy (obstructive HCM), to help with symptoms and functional capacity. This information was released by Bristol Myers Squibb.

1.      Global Beta Blockers Drugs Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Beta Blockers Drugs Market Scope and Market Estimation

1.2.1. Global Beta Blockers Drugs Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023 - 2033)

1.2.2. Global Beta Blockers Drugs Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2033

1.3.    Market Segmentation

1.3.1. Component of Global Beta Blockers Drugs Market

1.3.2. Technology of Global Beta Blockers Drugs Market

1.3.3. End-user of Global Beta Blockers Drugs Market

1.3.4. Region of Global Beta Blockers Drugs Market

2.      Executive Summary

2.1.    Global Beta Blockers Drugs Market Industry Trends under COVID-19 Outbreak

2.1.1. Global COVID-19 Status Overview

2.1.2. Influence of COVID-19 Outbreak on Global Beta Blockers Drugs Market Industry Development

2.2.    Market Dynamics

2.2.1. Drivers

2.2.2. Limitations

2.2.3. Opportunities

2.2.4. Impact Analysis of Drivers and Restraints

2.3.    Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.    Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.    Porter’s Five Forces Analysis

2.5.1. Bargaining Power of Suppliers

2.5.2. Bargaining Power of Buyers

2.5.3. Threat of Substitutes

2.5.4. Threat of New Entrants

2.5.5. Competitive Rivalry

2.6.    Value Chain / Ecosystem Analysis

2.7.    Russia-Ukraine War Impacts Analysis

2.8.    Economic Downturn Analysis

2.9.      Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

3.      Global Beta Blockers Drugs Market Estimates & Historical Trend Analysis (2019 - 2022)

4.      Global Beta Blockers Drugs Market Estimates & Forecast Trend Analysis, by DRUGS

4.1.    Global Beta Blockers Drugs Market Revenue (US$ Mn) Estimates and Forecasts, by DRUGS, 2019 to 2033

4.1.1. Metaprolol

4.1.2. Betaxolol

4.1.3. Acebutolol

4.1.4. Esmolol

4.1.5. Atenolol

4.1.6. Others

5.      Global Beta Blockers Drugs Market Estimates & Forecast Trend Analysis, by Indication

5.1.    Global Beta Blockers Drugs Market Revenue (US$ Mn) Estimates and Forecasts, by Indication, 2019 to 2033

5.1.1. Angina Pectoris

5.1.2. Heart Failure

5.1.3. High Blood Pressure

5.1.4. Others

6.      Global Beta Blockers Drugs Market Estimates & Forecast Trend Analysis, by End-user

6.1.    Global Beta Blockers Drugs Market Revenue (US$ Mn) Estimates and Forecasts, by End-user, 2019 to 2033

6.1.1. Hospitals

6.1.2. Homecare

6.1.3. Specialty Clinics

6.1.4. Others

7.      Global Beta Blockers Drugs Market Estimates & Forecast Trend Analysis, by Region

7.1.    Global Beta Blockers Drugs Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2033

7.1.1. North America

7.1.2. Europe

7.1.3. Asia Pacific

7.1.4. Middle East & Africa

7.1.5. South America

8.      North America Beta Blockers Drugs Market: Estimates & Forecast Trend Analysis

8.1.    North America Beta Blockers Drugs Market Assessments & Key Findings

8.1.1. North America Beta Blockers Drugs Market Introduction

8.1.2. North America Beta Blockers Drugs Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

8.1.2.1.   By DRUGS

8.1.2.2.   By Indication

8.1.2.3.   By End-user

8.1.2.4.   By Country

8.1.2.4.1.     The U.S.

8.1.2.4.2.     Canada

8.1.2.4.3.     Mexico

9.      Europe Beta Blockers Drugs Market: Estimates & Forecast Trend Analysis

9.1.    Europe Beta Blockers Drugs Market Assessments & Key Findings

9.1.1. Europe Beta Blockers Drugs Market Introduction

9.1.2. Europe Beta Blockers Drugs Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

9.1.2.1.   By DRUGS

9.1.2.2.   By Indication

9.1.2.3.   By End-user

9.1.2.4.        By Country

9.1.2.4.1.     Germany

9.1.2.4.2.     U.K.

9.1.2.4.3.     France

9.1.2.4.4.     Italy

9.1.2.4.5.     Spain

9.1.2.4.6.     Russia

9.1.2.4.7.     Rest of Europe

10.  Asia Pacific Beta Blockers Drugs Market: Estimates & Forecast Trend Analysis

10.1.  Asia Pacific Market Assessments & Key Findings

10.1.1.   Asia Pacific Beta Blockers Drugs Market Introduction

10.1.2.   Asia Pacific Beta Blockers Drugs Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

10.1.2.1.    By DRUGS

10.1.2.2.    By Indication

10.1.2.3.    By End-user

10.1.2.4.    By Country

10.1.2.4.1. China

10.1.2.4.2. Japan

10.1.2.4.3. India

10.1.2.4.4. Australia

10.1.2.4.5. South Korea

10.1.2.4.6. ASEAN

10.1.2.4.7. Rest of Asia Pacific

11.  Middle East & Africa Beta Blockers Drugs Market: Estimates & Forecast Trend Analysis

11.1.  Middle East & Africa Market Assessments & Key Findings

11.1.1.   Middle East & Africa Beta Blockers Drugs Market Introduction

11.1.2.   Middle East & Africa Beta Blockers Drugs Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

11.1.2.1.    By DRUGS

11.1.2.2.    By Indication

11.1.2.3.    By End-user

11.1.2.4.    By Country

11.1.2.4.1. U.A.E.

11.1.2.4.2. Saudi Arabia

11.1.2.4.3. Egypt

11.1.2.4.4. South Africa

11.1.2.4.5. Rest of Middle East & Africa

12.  South America Beta Blockers Drugs Market: Estimates & Forecast Trend Analysis

12.1.  South America Market Assessments & Key Findings

12.1.1.   South America Beta Blockers Drugs Market Introduction

12.1.2.   South America Beta Blockers Drugs Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

12.1.2.1.    By DRUGS

12.1.2.2.    By Indication

12.1.2.3.    By End-user

12.1.2.4.    By Country

12.1.2.4.1. Brazil

12.1.2.4.2. Argentina

12.1.2.4.3. Colombia

12.1.2.4.4. Rest of South America

13.  Competition Landscape

13.1.  Global Beta Blockers Drugs Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

13.2.  Global Beta Blockers Drugs Market Competition White Space Analysis, By End-user

13.3.  Global Beta Blockers Drugs Market Competition Heat Map Analysis, By End-user

13.4.  Global Beta Blockers Drugs Market Concentration & Company Market Shares (%) Analysis, 2022

14.  Company Profiles

14.1.                     Pfizer

14.1.1.   Company Overview & Key Stats

14.1.2.   Financial Performance & KPIs

14.1.3.   Product Portfolio

14.1.4.   Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

14.2.      Novartis

14.3.      Merck & Co.

14.4.      AstraZeneca

14.5.      Teva Pharmaceutical Industries

14.6.      Lupin

14.7.      GlaxoSmithKline plc.

14.8.      Sun Pharmaceutical Industries Ltd.

14.9.      Others

15.  Research Methodology

15.1.  External Transportations / Databases

15.2.  Internal Proprietary Database

15.3.  Primary Research

15.4.  Secondary Research

15.5.  Assumptions

15.6.  Limitations

15.7.  Report FAQs

16.  Research Findings & Conclusion

 

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

Frequently Asked Questions

What is the market size of Beta Blockers Drugs Market in 2024?

Beta blockers Drugs Market was valued at USD 10.46 Billion in 2024.

What is the growth rate for the Beta Blockers Drugs Market?

Beta blockers Drugs Market size will increase at approximate CAGR of 5.92% during the forecasted period.

Which are the top companies operating within the market?

Major companies operating within the Beta Blockers Drugs Market are Pfizer, Novartis, Merck & Co., AstraZeneca, Teva Pharmaceutical Industries, Lupin , GlaxoSmithKline plc., Sun Pharmaceutical Industries Ltd. and Other.

Which region dominates the Beta Blockers Drugs Market?

North America dominates the market with an active share of 48%.

CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $3750

Only Three Thousand Seven Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4750

Only Four Thousand Seven Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5750

Only Five Thousand Seven Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI