The global benazepril market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Benazepril is a medicine that is used to treat high blood pressure, heart failure, and diabetic kidney disease. It is an initial treatment for high blood pressure, and it is taken by mouth. It is an ACE inhibitor that actually works by relaxing blood vessels which ultimately eases blood flow. Thus, the growing prevalence of cardiac-related disorders that pressurizes the cardiac arteries is majorly attributed to the surge in the demand for benazepril. Adding to this, the growing prevalence of high blood pressure all over the globe is further anticipated to boost the demand for benazepril, being a potent treatment option.
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Another key factor that demands benazepril as an effective treatment alternative includes the growing prevalence of diabetes, which further is responsible for kidney diseases. As per the International Diabetes Federation (IDF), the total adult population in the US with diabetes was 31.0 million in 2019 while in Canada, it was 2.8 million. The US has the largest population of children and adolescents with type 1 diabetes (175,900). Moreover, there were around 189,000 mortalities due to diabetes in the US in 2019, which represents one of the highest numbers of mortalities all around the globe. The increased prevalence of diabetes leading to diabetic kidney disease directly impacts the market growth. However, there are certain side effects associated with benazepril including headache, dizziness, fatigue, somnolence, postural dizziness, nausea, and cough. These side effects may hinder the market growth during the forecast period.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
· By Type
· By Dosage Form
• Regions covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
• Competitive Landscape: Novartis International AG, Teva Pharmaceutical Industries Ltd., and Sun Pharmaceutical Industries Ltd., among others.
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Global Benazepril Market Report by Segment
By Type
• Purity:98%
• Purity:99%
By Dosage Form
• Tablet
• Capsule
• Others
Global Benazepril Market by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
· Latin America
· Middle East & Africa
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