Indian indapamide market is estimated to grow at a CAGR of around 4.0% during the forecast period owing to the significant prevalence of chronic diseases in the region. According to the Cardiological Society of India, the Trivandrum heart failure registry had registered 1,205 admissions due to heart failure in 2018, of which 834 in men, indicating around 69% of total heart failures in Trivandrum. In addition, the most common cause of heart failure includes ischemic heart disease, which is accounted for 72% of heart failures in India in 2018. Heart failure with preserved ejection fraction (HFpEF) accounted for 26%. This, in turn, is expected to drive the demand for indapamide tablets that enable to treat fluid retention (edema) in patients suffering from congestive heart failure.
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Indian indapamide market is segmented on the basis of product and application. Based on the product, the market is bifurcated into 1.25 mg indapamide and 2.5 mg indapamide. Among these, the market for 1.25 mg indapamide held a significant market share owing to the extensive application of the drug in treating high blood pressure or hypertension. Based on the application, the market is segmented into high blood pressure, heart failure, and others. The high blood pressure segment is projected to have a significant share in the market. Growing incidence of hypertension is contributing to market growth as indapamide drugs are significantly used to treat hypertension while reducing the risk of developing serious heart conditions.
The companies which are contributing to the growth of the Indian indapamide market include Glenmark Pharmaceuticals Ltd, Shandong Yinfeida Pharmaceutical Co., Ltd., Suzhou Lixin Pharmaceutical Co., Ltd., Merck KGaA, Sanofi S.A., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations to stay competitive in the market.
Indian Indapamide Market- Segmentation
By Product
- 25 MG
- 5 MG
By Application
- High Blood Pressure
- Heart Failure
- Others
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