Market Overview:
The global benazepril hydrochloride market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing prevalence of hypertension and other applications. Benazepril hydrochloride is a drug used in the treatment of hypertension and congestive heart failure (CHF). It belongs to a class of drugs called angiotensin converting enzyme inhibitors (ACE inhibitors). These drugs work by blocking the action of angiotensin II, which is a hormone that causes blood vessels to narrow. This reduces blood pressure and helps improve heart function.
Product Definition:
Benazepril Hydrochloride is a medication used to treat high blood pressure and congestive heart failure. It works by relaxing the blood vessels and decreasing the workload of the heart.
Above 98% Purity:
98% purity or more is called as a high-purity product. It has been widely used in the preparation of Benazepril Hydrochloride, which is a potent and long-lasting antihypertensive drug. Increasing demand for hypertension drugs with less side effects and higher efficiency is expected to drive the market growth of 98% pure or more products over the forecast period.
98% Purity:
98% Purity is a high purity grade of Benazepril Hydrochloride. It has no major substitite and is used as an active pharmaceutical ingredient in the preparation of various medicines for treating hypertension, cardiac failure, and congestive heart failure.
Application Insights:
Hypertension was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Benazepril hydrochloride is used for the treatment of hypertension as it reduces blood pressure more effectively than other anti-hypertensive drugs. It works by relaxing blood vessels, reducing heart rate and lowering blood sugar levels which enhances metabolism of angiotensin II thereby reducing blood pressure.
The product finds extensive usage in various applications such as renal failure, pre-eclampsia, glaucoma, ophthalmic disorders (such as eye drops), urinary tract infections (UTIs) & bladder problems etc., owing to its excellent antibacterial property which helps prevent UTIs & bladder problems caused due to E coli infection or other bacteria. In addition, it also has a positive impact on vision improvement in patients suffering from glaucoma thus providing an added advantage over other products available in the market at present time.
Regional Analysis:
North America dominated the global market in terms of revenue in 2017. The region is expected to witness a CAGR of XX% over the forecast period on account of increasing cases of hypertension and other cardiovascular diseases, growing geriatric population, and rising awareness about product benefits among people. In addition, high availability and low cost are some additional factors that will drive regional growth during the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions during the same year owing to rapid economic development coupled with improving healthcare infrastructure in emerging countries such as China & India & Japan etc., which will lead to an increase in drug consumption over next eight years (to 2030). Moreover Benazepril Hydrochloride Market by Type Above 98% Purity Asia Pacific was valued at USD X million while Above 98% Purity North America was valued at USD X million according to IMS Health Inc.
Growth Factors:
- Increasing prevalence of hypertension and other cardiovascular diseases: The global benazepril hydrochloride market is expected to grow at a CAGR of 5.5% from 2016 to 2021, owing to the increasing prevalence of hypertension and other cardiovascular diseases. Benazepril hydrochloride is used for the treatment of high blood pressure and congestive heart failure (CHF).
- Rising geriatric population: The global geriatric population is expected to grow at a CAGR of 7.9% from 2016 to 2021, which will lead to an increase in the demand for benazepril hydrochloride products for the treatment of various age-related disorders such as hypertension and CHF.
- Technological advancements in drug delivery systems: The development of novel drug delivery systems has led to an increase in the uptake rate benazepril hydrochloride products among patients globally. This is attributed due its easy administration, improved patient compliance, and reduced side effects associated with traditional oral dosage forms such as tablets or capsules.. These technological advancements are likely fuel market growth during the forecast period..
Scope Of The Report
Report Attributes
Report Details
Report Title
Benazepril Hydrochloride Market Research Report
By Type
Above 98% Purity, 98% Purity
By Application
Hypertension, Other
By Companies
Zhejiang Kinglyuan Pharmaceutical, ScinoPharm, Aarti Industries, Sun Pharma, Albemarle, Farmhispania, Zhejiang Huahai Pharmaceutical, Wisdom Pharmaceutical, Shenzhen Salubris Pharmaceuticals, Fujian Huitian Bio-Pharma
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Benazepril Hydrochloride Market Report Segments:
The global Benazepril Hydrochloride market is segmented on the basis of:
Types
Above 98% Purity, 98% Purity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hypertension, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zhejiang Kinglyuan Pharmaceutical
- ScinoPharm
- Aarti Industries
- Sun Pharma
- Albemarle
- Farmhispania
- Zhejiang Huahai Pharmaceutical
- Wisdom Pharmaceutical
- Shenzhen Salubris Pharmaceuticals
- Fujian Huitian Bio-Pharma
Highlights of The Benazepril Hydrochloride Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Above 98% Purity
- 98% Purity
- By Application:
- Hypertension
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Benazepril Hydrochloride Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Benazepril hydrochloride is a medication used to lower blood pressure. It works by relaxing blood vessels and reducing the amount of fluid that flows through them. This reduces the pressure inside your veins and arteries. Benazepril hydrochloride is usually taken once or twice a day, with or without food.
Some of the major players in the benazepril hydrochloride market are Zhejiang Kinglyuan Pharmaceutical, ScinoPharm, Aarti Industries, Sun Pharma, Albemarle, Farmhispania, Zhejiang Huahai Pharmaceutical, Wisdom Pharmaceutical, Shenzhen Salubris Pharmaceuticals, Fujian Huitian Bio-Pharma.
The benazepril hydrochloride market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Benazepril Hydrochloride Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Benazepril Hydrochloride Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Benazepril Hydrochloride Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Benazepril Hydrochloride Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Benazepril Hydrochloride Market Size & Forecast, 2020-2028 4.5.1 Benazepril Hydrochloride Market Size and Y-o-Y Growth 4.5.2 Benazepril Hydrochloride Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Above 98% Purity
5.2.2 98% Purity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hypertension
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Benazepril Hydrochloride Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Benazepril Hydrochloride Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Above 98% Purity
9.6.2 98% Purity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hypertension
9.10.2 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Above 98% Purity
10.6.2 98% Purity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hypertension
10.10.2 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Above 98% Purity
11.6.2 98% Purity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hypertension
11.10.2 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Above 98% Purity
12.6.2 98% Purity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hypertension
12.10.2 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Above 98% Purity
13.6.2 98% Purity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hypertension
13.10.2 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Benazepril Hydrochloride Market: Competitive Dashboard
14.2 Global Benazepril Hydrochloride Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zhejiang Kinglyuan Pharmaceutical
14.3.2 ScinoPharm
14.3.3 Aarti Industries
14.3.4 Sun Pharma
14.3.5 Albemarle
14.3.6 Farmhispania
14.3.7 Zhejiang Huahai Pharmaceutical
14.3.8 Wisdom Pharmaceutical
14.3.9 Shenzhen Salubris Pharmaceuticals
14.3.10 Fujian Huitian Bio-Pharma