Showing posts with label Pulmonary Arterial Hypertension (PAH) Market. Show all posts
Showing posts with label Pulmonary Arterial Hypertension (PAH) Market. Show all posts

Thursday, 9 April 2015

Pulmonary Arterial Hypertension (PAH) Market Expected to Reach USD 5.19 Billion Globally in 2020

According to a new market report published by Transparency Market Research “Pulmonary Arterial Hypertension (PAH) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” the global PAH market was valued at USD 4.04 billion in 2013 and is expected to grow at a CAGR of 2.3% from 2014 to 2020, to reach an estimated value of USD 5.19 billion in 2020.

Pulmonary arterial hypertension (PAH) is a medical condition, characterized by restricted blood flow through the pulmonary arteries, which leads to a progressive increase in pulmonary vascular resistance and subsequently right heart failure. PAH is one of the five groups of pulmonary hypertension, classified by the World Health Organization (WHO). PAH occurs, when the pulmonary arteries become narrowed, thickened, or blocked. The advanced therapy to treat PAH includes prostacyclin and prostacyclin analogs, endothelin receptor antagonists (ERAs), phosphodiesterase-5 (PDE-5) inhibitors, and soluble guanylate cyclase (sGC) stimulators. This advanced therapy is directed towards PAH itself, and not at the underlying cause of PAH. In addition to the aforementioned classes of drugs, physicians also prescribe drugs such as calcium channel blockers, diuretics, digoxin and anticoagulants to patients with PAH.

Browse the full Pulmonary Arterial Hypertension (PAH) Market: http://www.transparencymarketresearch.com/pulmonary-arterial-hypertension-therapeutics.html

Based on the commercially-available drug classes, to treat PAH, the global PAH market has been segmented into prostacyclin and prostacyclin analogs, endothelin receptor antagonists (ERAs), phosphodiesterase-5 (PDE-5) inhibitors, and soluble guanylate cyclase (sGC) stimulators. Prostacyclin and prostacyclin analogs were the first medications approved by the U.S. FDA for the treatment of PAH. Currently, epoprostenol (Flolan and Veletri), treprostinil (Remodulin, Tyvaso and Orenitram), and iloprost (Ventavis) are the three drugs under this category, which are widely used to treat patients with PAH. A new drug called Uptravi (selexipag), which is a selective IP prostacyclin receptor agonist, is expected to be launched in 2016. This new drug is likely to drive growth of the prostacyclin and prostacyclin analogs market during the forecast period from 2014 to 2020.

Endothelin receptor antagonists (ERAs) that inhibit the interaction between endothelin and endothelin receptors have emerged as one of the mainstays in the treatment of PAH. Tracleer (bosentan) is the first U.S. FDA approved ERA that is being used to treat PAH. Letairis/Volibris (ambrisentan) and Opsumit (macitentan) are the other approved ERAs for treating PAH. Of these, Opsumit was approved by the U.S. FDA and the European Commission in December 2013. Opsumit is expected to emerge as the most selling PAH drug by the end of 2020. Tracleer is set to go off-patent in the U.S. and Europe in 2015 and 2017, respectively. Patent expiry of Tracleer is likely to cause a huge set back in growth of the ERAs market during the forecast period from 2014 to 2020.

Revatio (sildenafil) from Pfizer, Inc. and Adcirca (tadalafil) from Eli Lilly/United Therapeutics Corporation are the two U.S. FDA approved PDE-5 inhibitors that are used to treat PAH. Adempas (riociguat) is the only approved sGC stimulator for the treatment of PAH. Adempas is designed to treat PAH by stimulating the nitric oxide receptor sGC, which induces vasodilation. Adempas was first approved by the U.S. FDA in October 2013. During the forecast period between 2014 and 2020, riociguat would face stiff competition from drugs such as macitentan and treprostinil (extended release tablet), as they all are meant for oral administration. The novel mode of action of riociguat would also play a key role in driving growth of this segment during the forecast period.

Browse the full Press Release: http://www.transparencymarketresearch.com/pressrelease/pulmonary-arterial-hypertension-therapeutics-market.htm

The global pulmonary arterial hypertension (PAH) market was dominated by players such as Actelion Pharmaceuticals, Ltd., Gilead Sciences, Inc., GlaxoSmithKline plc, Pfizer, Inc., and United Therapeutics Corporation in 2013. Actelion Pharmaceuticals, Ltd. accounted for the largest share of the overall PAH market in 2013, as one of its products, Tracleer (bosentan), was the bestselling PAH drug in 2013. During the forecast period from 2014 to 2020, Bayer HealthCare, which recently launched a new drug Adempas (riociguat), is likely to witness substantial growth in the PAH space. Arena Pharmaceuticals, Inc., Dong-A ST Co., Ltd., Reata Pharmaceuticals, Inc., Merck Sharp & Dohme Corp., Novartis International AG, and Aires Pharmaceuticals, Inc. are some major companies with PAH drugs in their clinical pipeline.

The global PAH market is segmented as follows:

Global Pulmonary Arterial Hypertension Market, by Drug Class
  • Prostacyclin and Prostacyclin Analogs
  • Endothelin Receptor Antagonists (ERAs)
  • Phosphodiesterase-5 (PDE-5) Inhibitors
  • Soluble Guanylate Cyclase (sGC) Stimulators
Pipeline Analysis: Pulmonary Arterial Hypertension Market
  • Early-stage Drug Candidates (Phase I & Phase II)
  • Late-stage Drug Candidates (Phase III & Registration Phase)
Global Pulmonary Arterial Hypertension Market, by Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Mr. Nachiket
State Tower,
90 State Street, Suite 700,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Monday, 6 April 2015

Pulmonary Arterial Hypertension (PAH) Market Expected to Reach USD 5.19 Billion Globally in 2020: Transparency Market Research


According to a new market report published by Transparency Market Research “Pulmonary Arterial Hypertension (PAH) Market (Prostacyclin and Prostacyclin Analogs, ERAs, PDE-5 Inhibitors, sGC Stimulators and Selexipag) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020,” the global PAH market was valued at USD 4.04 billion in 2013 and is expected to grow at a CAGR of 2.3% from 2014 to 2020, to reach an estimated value of USD 5.19 billion in 2020.

Browse the full Pulmonary Arterial Hypertension (PAH) Market Report: http://www.transparencymarketresearch.com/pulmonary-arterial-hypertension-therapeutics.html

Pulmonary arterial hypertension (PAH) is a type of pulmonary hypertension that gets severe over time. PAH is characterized by high blood pressure in pulmonary arteries, however, it is different from having regular high blood pressure. It occurs when pulmonary arteries become narrow in diameter or get blocked. The available medications to treat PAH can only reduce symptoms, improve the quality of life, and slow down disease progression so that a patient with PAH can better with the disease. Prostacyclin and prostacyclin analogs, endothelin receptor antagonists (ERAs), and phosphodiesterase-5 (PDE-5) inhibitors are some major drug classes that are prescribed to patients suffering from PAH.

North America represented the largest regional market for PAH in 2013, with a revenue share of 44.6%. The U.S. and Canada are the two major markets of this region. During the forecast period between 2014 and 2020, the North American market for PAH therapeutics is expected to be driven by factors such as the introduction of newly-approved drugs and increasing market penetration by big pharmaceutical companies. In 2013, three drugs indicated for the treatment of PAH were approved by the U.S. FDA. These drugs are Opsumit (macitentan), Orenitram (treprostinil extended release), and Adempas (riociguat). The North American market witnessed the entry of a multibillion dollar company, Bayer HealthCare with its proprietary PAH drug Adempas. Various sources including WHO and CDC indicate that PAH affects nearly 30,000 people in the U.S. It is likely that a number of cases go undiagnosed due to non-specific symptoms of PAH such as shortness of breath, fatigue, and syncope.

In December 2013, the European Commission granted marketing authorization to Actelion Pharmaceuticals, Ltd. for the use of Opsumit (macitentan) in the treatment of PAH. Opsumit can be administered as monotherapy or in combination with other drugs indicated for PAH treatment. In March 2014, the European Commission approved the use of Adempas in the treatment of chronic thromboembolic pulmonary hypertension (CTEPH) and PAH. These two new drugs are expected to generate significant revenue during the forecast period between 2014 and 2020, thereby driving market growth. The European PAH market would be further driven by the anticipated launch of Uptravi (selexipag) in 2016.


Asia-Pacific held the third-largest share (13.0%) in the global PAH market in 2013, after North America and Europe. Though this region has a relatively large population of patients with PAH; hospitals, diagnostic centers, and physicians have limited experience with PAH diagnosis and treatment. Over the forecast period between 2014 and 2020, growing awareness regarding PAH diagnosis and treatment is likely to play a key role in the growth of the PAH market in the region.Rest of the World (ROW) includes Latin America, the Middle East, and Africa. Latin America includes the Central and South American countries such as Mexico, Brazil, Argentina, Venezuela, and Chile. Some of the major factors that are expected to drive market growth include rising health care expenditure, constantly improving health care infrastructure, and rising awareness regarding PAH. On the other hand, the high cost associated with PAH treatment compels physicians to prescribe support therapy to patients rather than PAH-specific therapy. It is primarily because majority of the patients in this region are unable to afford the treatment due to low disposable incomes.

Some major players operating in the PAH market include Actelion Pharmaceuticals, Ltd., Bayer HealthCare, Gilead Sciences, Inc., GlaxoSmithKline plc, Novartis International AG, Pfizer, Inc. and United Therapeutics Corporation.
 
The global PAH market is segmented as follows:

Global Pulmonary Arterial Hypertension Market, by Drug Class
  • Prostacyclin and Prostacyclin Analogs
  • Endothelin Receptor Antagonists (ERAs)
  • Phosphodiesterase-5 (PDE-5) Inhibitors
  • Soluble Guanylate Cyclase (sGC) Stimulators
Pipeline Analysis: Pulmonary Arterial Hypertension Market

  • Early-stage Drug Candidates (Phase I & Phase II)
  • Late-stage Drug Candidates (Phase III & Registration Phase)

Global Pulmonary Arterial Hypertension Market, by Geography

  • North America 
  • Europe 
  • Asia-Pacific 
  • Rest of the World (RoW)
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Mr. Nachiket Ghumare
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453