Hypertrophic Cardiomyopathy (HCM) Therapeutics Market: Climbing Rate of Congestive Heart Failure Provides Fillip to Sales

The global hypertrophic cardiomyopathy (HCM) therapeutics market has been anticipated in a report penned by Transparency Market Research (TMR) to witness the dominance of industry players with a high sales rate. With that mentioned, generic players could make their presence known in the market but at a gradual pace. Leading players, viz. Merck & Co., Pfizer, Inc., and Sanofi S.A., have been foretold to account for a majority of the market share, which could reveal the significantly consolidated nature of the market. An intense level of competition could take shape among leading players as they mainly focus on product portfolio differentiation and expansion to garner a sustainable growth.

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Rising Use of Calcium Channel Blockers Being Witnessed in Obstructive HCM Treatment

Antiarrhythmic drugs, anti-coagulating agents, calcium channel blockers, and beta blockers are the most recommended therapies for the treatment of HCM. By drug class, the calcium channel blockers segment held the leading share of 37.4% in the HCM therapeutics market in 2014. This drug provides an effective alternative to beta-blocker therapy particularly used in obstructive HCM treatment. As per TMR, the calcium channel blockers segment is expected to rise at a CAGR of 1.8% from 2015 to 2023.

The beta adrenergic blocking agents emerged as the second-largest segment in 2014. The most common beta adrenergic blocking agents preferred in HCM treatment include atenolol, metoprolol, propranolol, and sotalol.

Due to the increasing sedentary lifestyle and unhealthy choices, experts project the incidence of heart disease to rise considerably in the forthcoming years. This will subsequently boost demand for HCM therapeutics through the forecast period.

Rising Prevalence of Obesity to Fuel Demand for HCM Therapeutics in North America

North America, Europe, Asia Pacific, and Rest of the World constitute the key markets by geography for HCM therapeutics. Among these regions, with a share of 31.1%, North America emerged as the leading contributor to the market in 2014, followed by Europe. Both these regions boast a sophisticated healthcare infrastructure, which augurs well for the HCM therapeutics market.

The increasing prevalence of obesity among the younger population in North America and their preference towards a sedentary lifestyle, are primary factors augmenting demand for HCM therapeutics from the region. The rising cases of cardiac arrests reported every year in North America will seal the region’s dominance in the market through the forecast period. In North America, the U.S. reports the highest demand for HCM therapeutics.

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