Global Telmisartan Market is a non-peptide angiotensin receptor blocker (ARB) that is prescribed to treat hypertension and cardiovascular problems. It is generally available in tablet and oral oil suspension forms, and it is often used with other drugs to increase its potency. It has antihypertensive characteristics and suppresses the production of aldosterone in the body, resulting in a decrease in sodium and water absorption and, as a result, a reduction in blood pressure. Telmisartan also increases renal function by relaxing blood arteries. However, it may induce dizziness, lightheadedness, coughing, and sinus pain among other adverse effects.
Significant expansion in the pharmaceutical business around the world is one of the primary drivers driving the market’s favourable outlook. Furthermore, the rising prevalence of hypertension, diabetes, and other kidney-related diseases is propelling market expansion. Telmisartan has been shown to be helpful in changing genes for insulin sensitization and regulating glucose and lipid metabolism, which aids in the management of chronic diabetic kidney disease and other sedentary-related illnesses. Generic versions of telmisartan drugs are also being introduced by pharmaceutical companies in order to provide cost-effective treatment for hypertension and cardiovascular disease. Furthermore, drug makers are investing heavily in the research and development (R&D) of enhanced telmisartan drugs for the treatment of diabetic nephropathy, which is fueling Market expansion.
On January 30, 2020, the World Health Organisation (WHO) declared the COVID-19 outbreak a public health emergency of worldwide significance. COVID-19 has affected around 210 countries worldwide. Telmisartan tablet manufacturing and distribution companies have been impacted to a limited extent by COVID-19 due to shutdowns in various COVID-19 affected nations and an increase in the number of healthcare professionals becoming ill in the aftermath of the COVID-19 pandemic, resulting in a supply shortfall.
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Segment Overview
Telmisartan is a medication used to treat high blood pressure, also known as hypertension. It belongs to a class of drugs called angiotensin receptor blockers (ARBs), which work by blocking the action of a hormone called angiotensin II that causes blood vessels to narrow.
In terms of the market segment, telmisartan is primarily marketed as a prescription drug. It is sold under various brand names, including Micardis, Pritor, Kinzal, and Telma, among others. The market for telmisartan is dominated by pharmaceutical companies that manufacture and distribute the drug worldwide. The primary target market for telmisartan is individuals with high blood pressure, particularly those who have not responded well to other hypertension medications.
In addition to its primary use for hypertension, telmisartan has also been used in the treatment of other medical conditions, such as diabetic nephropathy (kidney disease) and cardiovascular disease. These additional uses have expanded the market segment for telmisartan beyond hypertension, making it a versatile drug that can be used to treat a range of health issues.
Key Player:
Some of the major players in the telmisartan market include Boehringer Ingelheim, Teva Pharmaceuticals, Novartis, Lupin Pharmaceuticals, Mylan, and Zydus Cadila. These companies are investing in research and development to develop new formulations and expand their product portfolios.
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Regional Analysis:
Telmisartan is a medication used to treat high blood pressure. It belongs to a class of drugs called angiotensin receptor blockers (ARBs). Telmisartan is sold under various brand names, including Micardis, Pritor, and Kinzal.
Telmisartan is a global drug and is widely available in many countries around the world. The drug is manufactured by several pharmaceutical companies, including Boehringer Ingelheim, Glenmark Pharmaceuticals, and Teva Pharmaceuticals.
In terms of market geography, telmisartan is commonly used in countries such as the United States, Canada, Europe, Japan, Australia, and several Asian countries. The drug is also used in many developing countries, where high blood pressure is a growing health concern.
COVID Impact
Telmisartan is an angiotensin II receptor blocker (ARB) that is used to treat high blood pressure. As for its market, the COVID-19 pandemic has had a mixed impact on the telmisartan market.
On the one hand, the demand for telmisartan has increased due to COVID-19-related complications such as hypertension, heart failure, and kidney disease. COVID-19 can cause respiratory distress syndrome, which can lead to a sudden increase in blood pressure and heart rate, making telmisartan an important drug in managing COVID-19 patients with underlying hypertension.
On the other hand, the pandemic has disrupted global supply chains, which has affected the production and distribution of telmisartan. The restrictions on movement and transportation, as well as the temporary shutdown of some manufacturing facilities, have led to a shortage of raw materials and delays in the delivery of finished products. This has caused fluctuations in the availability and price of telmisartan in some markets.
In summary, while COVID-19 has increased the demand for telmisartan, it has also caused disruptions in the supply chain, leading to fluctuations in availability and price.
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