UK prazosin market is estimated to decline during the forecast period. however, some factors are positively influencing the market growth. According to the British Heart Foundation, more than one-fourth of the fatalities in the UK occur due to CVD, and it is responsible for around 1.6 million fatalities each year. Moreover, more than 7 million people live with one or the other type of heart diseases in UK in 2018. The rise in the aging population is increasing the prevalence rate of CVD including stroke and other heart diseases. According to the British Heart Foundation, over 170,000 fatalities occur every year due to heart attacks, in the UK. Of the total population, 110,000 men and 60,000 women lose their lives annually in UK due to heart attacks each year. Stroke causes more than 40,000 fatalities each year and around 1.3 million people suffer from stroke each year. Around 2 million people are living with CVD in 2018 in the country.
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UK prazosin market is segmented on the basis of application. Based on the application, the market is segmented into cardiovascular disease, neurological syndromes, prostate disorders, and kidney disorders. The CVD segment accounted for a significant share in the UK prazosin market. CVDs claim to take more lives each year than all forms of cancer and chronic lower respiratory diseases altogether. Thus, Prazosin is one of the treatments used for CVD mainly high BP and strokes. For instance, Minipress is specified for the treatment of hypertension, to control BP. Lowering blood pressure decreases the risk of fatal and nonfatal cardiovascular events, mainly strokes and myocardial infarction.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
UK Prazosin Market by Application
- Cardiovascular Disease( CVD)
- Neurological Syndromes
- Prostate Disorders
- Kidney Disorders
Company Profiles
- Apotex Inc.
- Axon Medchem LLC
- Cayman Chemical Co.
- Merck KGaA
- Pfizer Inc.
- R&D Systems Inc.
- Renata Ltd.
- Mylan N.V.
- Sun Pharmaceuticals Industries Ltd.
- Teva Pharmaceuticals Industries Ltd.
The Report Covers
- Comprehensive research methodology of the UK prazosin market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the UK prazosin market.
- Insights about market determinants which are stimulating the UK prazosin market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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