The demand for effective treatments for hypertension and angina is rapidly increasing due to the growing prevalence of cardiovascular diseases. Hypertension, also known as high blood pressure, is a major risk factor for cardiovascular diseases and is a leading cause of morbidity and mortality globally. According to the World Health Organization, around 1.13 billion people globally have hypertension, and the number is expected to increase in the coming years. This increase in the prevalence of hypertension is due to various factors such as unhealthy diets, physical inactivity, and an increase in the aging population. Angina is also a growing concern, particularly in the aging population. It is a chest pain or discomfort that occurs when the heart does not receive enough oxygen-rich blood. The increasing number of people with lifestyle-related illnesses and the growing aging population is contributing to the growth of the market.
In view of these growing concerns, there is a significant demand for effective treatments for hypertension and angina. Nitrendipine, a calcium channel blocker, is one of the commonly prescribed medications for the treatment of hypertension and angina. This is an effective treatment option for hypertension as it helps to reduce blood pressure by relaxing the blood vessels, thereby improving blood flow and reducing the workload on the heart. It is also an effective treatment option for angina, as it helps to improve blood flow to the heart, reducing the frequency and severity of angina attacks.
Moreover, technological advancements in the production of nitrendipine tablets have played a significant role in the market's growth. These advancements have made the manufacturing process more efficient and cost-effective. They have also made it possible to produce higher-quality nitrendipine tablets with consistent composition, potency, and effectiveness.
The use of automated production systems is one of the key technological advancements in the production of nitrendipine tablets. These systems automate many of the manual processes involved in the production of nitrendipine tablets, lowering the risk of errors and increasing overall production efficiency. Automated systems also give manufacturers more control over the manufacturing process, allowing them to produce nitrendipine tablets of consistent quality and potency.
The use of continuous manufacturing processes is another significant technological advancement. Continuous manufacturing processes are gaining popularity in the pharmaceutical industry due to several advantages they offer over traditional batch-based manufacturing processes. Continuous manufacturing processes allow for the continuous and uninterrupted production of nitrendipine tablets, reducing production time and improving process efficiency.
New product launches to flourish in the market
Pfizer's "Nitol" Nitrendipine Tablets: Pfizer launched "Nitol" in 2022, a new product in the nitrendipine tablet market, which has received positive reviews from healthcare professionals for its effectiveness in managing hypertension. Also, Novartis' "Nirvas" Nitrendipine Tablets: Novartis launched "Nirvas" in 2022, which is a once-daily dose nitrendipine tablet that has been well-received in the market for its convenience and efficacy. Moreover, GlaxoSmithKline's "Niramol" Nitrendipine Tablets: GlaxoSmithKline launched "Niramol" in 2022, which is a new nitrendipine tablet that offers a sustained-release formulation for the management of hypertension. Similarly, Merck's "Nitrin" Nitrendipine Tablets: Merck introduced "Nitrin" in 2022, which is a new nitrendipine tablet with an improved pharmacokinetic profile and better bioavailability, making it a popular choice for the treatment of hypertension.
By application: The nitrendipine tablets market is divided into hypertension, chronic stable angina pectoris, and prinzmetal's variant angina. Nitrendipine tablets are used in the management of hypertension to lower high blood pressure. In the treatment of chronic stable angina pectoris, nitrendipine is used to reduce chest pain by increasing the supply of oxygen to the heart. And for Prinzmetal's variant angina, nitrendipine is used to prevent sudden, severe chest pain caused by a temporary reduction in blood flow to the heart.
By distribution channel: The nitrendipine tablets market is divided into retail pharmacies, hospital pharmacies, and online pharmacies. Nitrendipine tablets are readily available in retail pharmacies, where patients can purchase the medication without a prescription. In hospital settings, nitrendipine tablets are usually dispensed by a hospital pharmacy to patients admitted for treatment. Nitrendipine tablets can also be purchased online through various online pharmacies, which offer the convenience of ordering from the comfort of one's home. However, it is important to note that prescription medications like nitrendipine should only be purchased from trusted and licensed online pharmacies to avoid counterfeit or expired medications.
By region: The Asia-Pacific nitrendipine tablet market is expected to grow at a high CAGR due to various factors such as increasing incidence of hypertension, rising geriatric population, and growing awareness about hypertension management. Hypertension is a growing concern in the Asia-Pacific region, particularly in countries such as China, India, and Japan, where lifestyle changes and stress levels have led to a rise in hypertension cases. As a result, there is a growing demand for effective hypertension management, which is fuelling the growth of the nitrendipine tablet market in the region.
There is also a growing awareness of hypertension and its management in the Asia-Pacific region. Governments, health organizations, and pharmaceutical companies are investing in public education campaigns to raise awareness about hypertension and its treatment options. This is leading to an increased demand for nitrendipine tablets, as patients become more informed about the benefits of using nitrendipine for the management of hypertension. In addition, the growing healthcare infrastructure and increasing access to healthcare services in the Asia-Pacific region are also contributing to the growth of the nitrendipine tablet market. With growing disposable incomes and the availability of health insurance, patients are more likely to seek medical treatment for hypertension, which is driving the demand for nitrendipine tablets.
Competitive analysis and profiles of the major players in the nitrendipine tablets market, such as Actavis, Anant Pharmaceuticals Pvt. Ltd., Bayer AG, Boai Pharmaceutical, DTPHARM, Liye Pharmaceutical, Nanjing Pharmaceutical Factory, Teva Pharmaceutical Industries Ltd, and Xiyue Pharmaceutical. Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of the nitrendipine tablets market.
Nitrendipine Tablets Market Report Highlights
By Distribution Channel
Key Market Players
Bayer AG, DTPHARM, Liye Pharmaceutical, Nanjing Pharmaceutical Factory, Teva Pharmaceutical Industries Limited, Boai Pharmaceutical, Actavis, Xiyue Pharmaceutical, anant pharmaceuticals pvt. ltd.