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HEALTHCARE & PHARMACEUTICAL

Loop Diuretics Market Segmentation by Indication (Diabetes Insipidus, Edema, Hypercalciuria, Hypertension, and Others); by Drugs (Furosemide, Ethacrynic Acid, Torsemide, Bumetanide, and Others); and by Route of Administration (Oral, and Intravenous) – Global Demand Analysis and Opportunity Outlook 2030

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Extensive insights into the Growth of Loop Diuretics Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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IN THE NEWS

  • May 22, 2020: Roche acquired Stratos Genomics for the development of DNA based sequencing to use for diagnosis. The investment directly complements the development of company’s nanopore technology to provide end-to-end sequencing solution.

Loop Diuretics Market Highlights 2022-2030

The loop diuretics market is estimated to garner a sizeable revenue by growing with a CAGR of ~7% during the forecast period, i.e., 2022-2030. The growth of the market can be attributed to the growing prevalence of hypertension across the world as a result of large number of incidences of high blood pressure. Moreover, changing lifestyles and eating habits are also causing lifestyle-related diseases and several other chronic disorders, which is another factor expected to drive market growth in the coming years. According to the United Nations organization, the total number of deaths due to chronic diseases are expected to rise up to70% by 2030. The global of the burden is calculated to increase up to 56%. The demand for the loop diuretic market is also anticipated to rise significantly in the near future owing to the advancements in technology, growing cases of renal diseases, and increasing geriatric population globally. Along with these, increase in patient population and absence of appropriate treatment are evaluated to act as opportunities for market growth.

Global-Loop-Diuretics-Market-Overview

The market is segmented based on indication into diabetes insipidus, edema, hypercalciuria, hypertension, and others, out of which, the hypertension segment is anticipated to grab the largest share by the end of 2029 on account of increasing occurrence of high blood pressure among the global population and rising number of people following a sedentary lifestyle. Furthermore, on the basis of route of administration, the oral segment in the global loop diuretics market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that oral administration of a medicine is one of the most convenient, and usually the safest and least expensive method as compared to other ways of drug administration. CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

Global-Healthcare-Expenditure-per-Capita

According to the statistics by the World Health Organization, the global per capita healthcare expenditure amounted to USD 1,064.741 in the year 2017. The worldwide healthcare expenditure per person grew from USD 864.313 in 2008 to USD 1,110.841 in 2018, where the U.S. is the top country that amounted to healthcare expenditure of USD 10, 623.85 per capita in 2018. As of 2018, the domestic general government healthcare spending in the U.S. was USD 5355.79, which grew from USD 3515.82 in 2008. These are some of the factors responsible for market growth over the past few years. Moreover, as per the projections by the Centers for Medicare & Medicaid Services (CMS), the estimated average annual percent change related to National Health Expenditures (NHE) in the U.S. was 5.2% in 2020 as compared to 2019 (4.5%). Furthermore, the National Health Expenditures are projected to reach USD 6,192.5 Billion in 2028, where the per capita expenditure is estimated to touch USD 17,611 in the same year. These are notable indicators that are anticipated to create lucrative business opportunities in upcoming years.

Global Loop Diuretics Market Regional Synopsis

Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the Asia Pacific is predicted to grow at the highest CAGR over the forecast period owing to the increasing prevalence of chronic diseases due to pollution and growing geriatric population in the region. Furthermore, the market in North America is evaluated to occupy the largest share in terms of revenue during the forecast period, owing to detrimental lifestyle changes and presence of leading healthcare service providers in the region. Along with this, North America also leads in terms of research and development of advanced loop diuretics, which is also expected to contribute to the market growth in the region. As per the analysis of Centres for Disease Control and Prevention, the top ten health problems in America are heart disease, cancer, stroke, respiratory disease, injuries, diabetes, Alzheimer's disease, influenza and pneumonia, kidney disease, and septicaemia.

Loop-Diuretics-Market-Share

The global loop diuretics market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

Our in-depth analysis of the global loop diuretics market includes the following segments:

By Indication

  • Diabetes Insipidus
  • Edema
  • Hypercalciuria
  • Hypertension
  • Others

By Drugs

  • Furosemide
  • Ethacrynic Acid
  • Torsemide
  • Bumetanide
  • Others

By Route of Administration

  • Oral
  • Intravenous

Growth Drivers

  • Increasing Geriatric Population Worldwide
  • Rising Prevalence of Chronic Diseases

Challenges

  • Side-Effects Associated with the Use of Loop Diuretics Drugs

Top Featured Companies Dominating the Market

  • Pfizer Inc.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Merck & Co.
  • Meda Manufacturing GmbH
  • GlaxoSmithKline plc
  • F. Hoffmann-La Roche Ltd
  • Cipla Ltd
  • Endo International plc
  • Hikma Pharmaceuticals Inc.
  • Teva Pharmaceuticals Industries Ltd
  • Novartis AG

 

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