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Takotsubo Syndrome Therapeutics Market size accounted for USD 242.3 million in 2022 and is estimated to grow at a CAGR of 4.7% to reach USD 384.2 million by 2032.
Cardiovascular diseases stand as the foremost contributor to mortality in both industrialized and developing economies. The rising prevalence of conditions such as valvular heart disease, congenital heart defects, and cardiac arrest is propelling the expansion of the takotsubo syndrome therapeutics sectors. As an illustration, the American Heart Association (AHA) has disclosed that heart disease ranks as the primary cause of death in North America. Even amidst substantial shifts in lifestyles due to swift urbanization and environmental changes, cardiovascular diseases persist as the leading culprits of mortality in China, accounting for a substantial 40% of all fatalities.
Additionally, the susceptibility to developing takotsubo syndrome escalates with age. With the advancing global population age, the probability of individuals encountering cardiovascular ailments, including restrictive cardiomyopathy, takotsubo syndrome, becomes more pronounced. This shift in demographics has the potential to stimulate the demand for therapeutic interventions.
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).
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.
What are the factors contributing to North America takotsubo syndrome therapeutics industry growth?
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.