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Thiazide Diuretics Market

Segmentation by Use (Hypertension, Cardiovascular Disorders, Hepatic Disorders, Kidney Disorders, and Others); and by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Others) – Global Demand Analysis and Opportunity Outlook 2030

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Report ID: 3318 | Published On: Feb 09, 2023
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Global Thiazide Diuretics Market Regional Synopsis

Geographically, the global thiazide diuretics 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 incidences of hypertension-related disorders among the individuals and growing product penetration in the region. Furthermore, in 2030, the market in North America is evaluated to occupy the largest share in terms of revenue, owing to the rise in prevalence of diuresis, edema and other diuretic medical conditions, accompanied by the presence of leading market players in the region. Along with this, North America also leads in terms of clinical research, which is also expected to contribute to the market growth in the region. Alternatively, the market in Europe is also anticipated to occupy a significant market share over the forecast period on account of the rapid increase in the number of cases and awareness about cardiovascular disorders in the region. As per the data published in the journal Annals of Global Health in 2020, cardiovascular diseases (CVD) are the leading cause responsible for deaths in Europe and accounts for 45% of the total number of deaths. More than 4 million individuals in Europe suffer death annually from cardiovascular diseases.

Global-Thiazide-Diuretics-Market-Share

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The global thiazide 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


Global-Thiazide-Diuretics-Market-Overview
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Major Macro-Economic Indicators Impacting the Market Growth
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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.


Market Segmentation

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

By Use

  • Hypertension
  • Cardiovascular Disorders
  • Hepatic Disorders
  • Kidney Disorders
  • Others

By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Others

Growth Drivers

  • Increasing Prevalence of Hypertension and Associated Disorders
  • Rising Geriatric Population Globally

Challenges

  • Strict Medical Regulations Governing the Market
  • Harmful Effects of Ionic Imbalance Caused by Thiazide Diuretics Use


Global-Healthcare-Expenditure-per-Capita

Key Questions Answered in the Report

1) What are the major factors driving the growth of the thiazide diuretics market?

Ans: The increasing prevalence of hypertension and associated disorders and rising geriatric population are the key factors driving market growth.

2) What would be the CAGR of thiazide diuretics market over the forecast period?

Ans: The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2022-2030.

3) What are the challenges affecting the thiazide diuretics market growth?

Ans: Strict healthcare regulations governing the market and the harmful effects of ionic imbalance caused by thiazide diuretics use are estimated to hamper market growth.

4) Which region will provide more business opportunities for growth of thiazide diuretics market in future?

Ans: The market in Asia Pacific region will provide ample growth opportunities owing to the increasing incidence of hypertension-related disorders among the individuals.

5) Who are the major players dominating the thiazide diuretics market?

Ans: The major players dominating the thiazide diuretics market are Pfizer Inc., Merck Sharp & Dohme Corp., Sanofi SA, and Bayer AG, among others.

6) How are the company profiles selected?

Ans: The company profiles are selected on the basis of revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the thiazide diuretics market?

Ans: The market is segmented by use, distribution channel, and by region.

8) Which segment under the distribution channel segment captures the largest market size in the thiazide diuretics market?

Ans: With respect to distribution channel, the hospital pharmacies’ segment is anticipated to hold the largest market share owing to the preference of the population with hypertension and associated disorders choose hospital facilities for treatment.

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