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Takotsubo Syndrome Therapeutics Market Analysis

  • Report ID: GMI6535
  • Published Date: Aug 2023
  • Report Format: PDF

Takotsubo Syndrome Therapeutics Market Analysis

Based on therapy, the takotsubo syndrome therapeutics market is segmented into dual antiplatelet therapy (DAPT), anticoagulants, beta-blockers, angiotensin-converting enzyme (ACE) inhibitors, aldosterone receptor blockers, statins, and diuretics. Dual antiplatelet therapy (DAPT) accounts for the largest share of 27.5% in 2022 and is expected to grow at a CAGR of 5.4% during the forecast period. Individuals with Takotsubo Syndrome might also present concomitant cardiovascular conditions like coronary artery disease (CAD) or a past occurrence of acute coronary syndrome (ACS). In specific scenarios, dual antiplatelet therapy (DAPT) could be employed to avert the formation of clots around existing stents or to address underlying coronary artery disease.
 

Takotsubo Syndrome Therapeutics Market, By Route of Administration

Based on route of administration, the takotsubo syndrome therapeutics market is segmented into oral and parenteral. In 2022, the oral segment accounted for largest share of 79.5% in the market. Oral medications are used to manage symptoms associated with takotsubo syndrome, such as anxiety, blood pressure control, or heart rate management. These medications would be selected based on the specific symptoms and patient's medical history. Additionally, oral medications are administered via the digestive system, avoiding the need for injections or invasive procedures. This is generally well-tolerated by TTS patients and can improve treatment adherence.
 

Based on distribution channel, the takotsubo syndrome therapeutics market is segmented into hospital pharmacies, retail pharmacies/ drug stores, and other distribution channels. The hospital pharmacies segment held the largest share of 59.9% in 2022. TTS can cause acute and severe symptoms that necessitate prompt medical treatment. In severe TTS cases with complications, patients need to be hospitalised. Hospital pharmacies ensure that relevant pharmaceuticals are available during the patient's stay, working with other healthcare practitioners to optimise therapy.
 

North America Takotsubo Syndrome Therapeutics Market,

North America takotsubo syndrome therapeutics market accounted for the largest share of 40.8% in 2022 and is anticipated to grow at 4.7% during the forecast timeframe. North America has well-developed healthcare infrastructure, including advanced medical facilities, experienced healthcare professionals, and access to cutting-edge medical technologies. This strong healthcare ecosystem supports the diagnosis, treatment, and management of Takotsubo Syndrome (TTS).
 

Furthermore, North America stands as a prominent center for medical research and advancements in the field of cardiology. Continuous research endeavors hold the potential to enhance comprehension of TTS pathophysiology, refine diagnostic methodologies, and expand treatment alternatives. Moreover, the aging demographic within North America heightens the probability of individuals encountering cardiovascular ailments, TTS included. With advancing age comes an elevated susceptibility to stressors associated with TTS, thereby contributing to the growth of the region.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Takotsubo syndrome therapeutics industry size was USD 242.3 million in 2022 and is estimated to grow at a CAGR of 4.7% to reach USD 384.2 million by end of 2032.

Dual antiplatelet therapy (DAPT) segment accounted for around 27.5% in 2022 and will record 5.4% CAGR from 2023 to 2032 as individuals with Takotsubo Syndrome might also present concomitant cardiovascular conditions like coronary artery disease (CAD) or a past occurrence of acute coronary syndrome (ACS).

What are the factors contributing to North America takotsubo syndrome therapeutics industry growth?

Sanofi SA, Pfizer Inc., AbbVie Inc., ANI Pharmaceuticals, Inc., Novartis AG, GlaxoSmithKline plc, Taro Pharmaceutical Industries Ltd., Amneal Pharmaceuticals LLC., Teva Pharmaceutical Industries Ltd., and Sun Pharmaceutical Industries Ltd.

Takotsubo Syndrome Therapeutics Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 135
  • Countries covered: 22
  • Pages: 200
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