PUBLISHER: IMARC | PRODUCT CODE: 1379026
PUBLISHER: IMARC | PRODUCT CODE: 1379026
Telmisartan Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
The global telmisartan market size reached US$ 3.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2028, exhibiting a growth rate (CAGR) of 3.0% during 2022-2028.
Telmisartan is a non-peptide angiotensin receptor blocker (ARB), which is used as a prescription drug for the treatment of hypertension and cardiovascular disorders. It is commonly available in tablets and oral oil suspension variants and is administered with other medications to enhance its efficacy. It exhibits antihypertensive properties and inhibits aldosterone production in the body, thereby leading to a decrease in sodium and water absorption and subsequent reduction in the blood pressure. Telmisartan also relaxes the blood vessels and promotes kidney function. However, it may cause various side effects, such as dizziness, lightheadedness, cough and sinus pain.
Telmisartan Market Trends:
Significant growth in the pharmaceutical industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing prevalence of high blood pressure, diabetes and various kidney-related disorders is providing a thrust to the market growth. Telmisartan has been proven effective in modifying genes for insulin sensitization and regulating glucose and lipid metabolism, which aids in managing chronic diabetic kidney disease and other disorders caused by sedentary lifestyles. Pharmaceutical manufacturers are also launching generic versions of telmisartan medications to provide cost-effective treatment to hypertension and cardiovascular ailments. Additionally, drug manufacturers are investing significantly in the research and development (R&D) of advanced telmisartan medications for the treatment of diabetic nephropathy, which is also contributing to the growth of the market. Other factors, including the rising geriatric population, along with significant improvements in the healthcare infrastructure, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global telmisartan market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on indication and distribution channel.
Breakup by Indication:
Hypertension
Cardiovascular Risk Reduction
Breakup by Distribution Channel:
Hospital Pharmacies
Drug Stores and Retail Pharmacies
Online Stores
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, Aurobindo Pharma USA, Boehringer Ingelheim International GmbH, Cipla Limited, Hikma Pharmaceuticals plc, Jubilant Cadista Pharmaceutical, Sanofi S.A., Solco Healthcare (Prinston Pharmaceutical Inc.) and Torrent Pharmaceuticals Ltd.
Key Questions Answered in This Report:
- How has the global telmisartan market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global telmisartan market?
- What are the key regional markets?
- What is the breakup of the market based on the indication?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global telmisartan market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Telmisartan Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Indication
- 6.1 Hypertension
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Cardiovascular Risk Reduction
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Distribution Channel
- 7.1 Hospital Pharmacies
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Drug Stores and Retail Pharmacies
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Online Stores
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Abbott Laboratories
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Aurobindo Pharma USA
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.3 Boehringer Ingelheim International GmbH
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Cipla Limited
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Hikma Pharmaceuticals plc
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 Jubilant Cadista Pharmaceutical
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Sanofi S.A.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Solco Healthcare (Prinston Pharmaceutical Inc.)
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Torrent Pharmaceuticals Ltd
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.1 Abbott Laboratories
List of Figures
- Figure 1: Global: Telmisartan Market: Major Drivers and Challenges
- Figure 2: Global: Telmisartan Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Telmisartan Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Telmisartan Market: Breakup by Indication (in %), 2022
- Figure 5: Global: Telmisartan Market: Breakup by Distribution Channel (in %), 2022
- Figure 6: Global: Telmisartan Market: Breakup by Region (in %), 2022
- Figure 7: Global: Telmisartan (Hypertension) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Telmisartan (Hypertension) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Telmisartan (Cardiovascular Risk Reduction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Telmisartan (Cardiovascular Risk Reduction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Telmisartan (Hospital Pharmacies) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Telmisartan (Hospital Pharmacies) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Telmisartan (Drug Stores and Retail Pharmacies) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Telmisartan (Drug Stores and Retail Pharmacies) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Telmisartan (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Telmisartan (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: North America: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: North America: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: United States: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: United States: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Canada: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Canada: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Asia-Pacific: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Asia-Pacific: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: China: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: China: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Japan: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Japan: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: India: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: India: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: South Korea: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: South Korea: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Australia: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Australia: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Indonesia: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Indonesia: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Others: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Others: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Europe: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Europe: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Germany: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Germany: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: France: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: France: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: United Kingdom: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: United Kingdom: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Italy: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Italy: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Spain: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Spain: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Russia: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Russia: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Others: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Others: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Latin America: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Latin America: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Brazil: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Brazil: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Mexico: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Mexico: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Others: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Others: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Middle East and Africa: Telmisartan Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Middle East and Africa: Telmisartan Market: Breakup by Country (in %), 2022
- Figure 65: Middle East and Africa: Telmisartan Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Global: Telmisartan Industry: SWOT Analysis
- Figure 67: Global: Telmisartan Industry: Value Chain Analysis
- Figure 68: Global: Telmisartan Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Telmisartan Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Telmisartan Market Forecast: Breakup by Indication (in Million US$), 2023-2028
- Table 3: Global: Telmisartan Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 4: Global: Telmisartan Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Telmisartan Market: Competitive Structure
- Table 6: Global: Telmisartan Market: Key Players
