Orthostatic Hypotension Drugs Market Size, Share, Growth, And Industry Analysis, By Type (Midodrine, Northera (Droxidopa), Fludrocortisone and Other Drugs), By Application (Hospital, Medical Research Institute, Clinic, Drug Store/Pharmacies, Others), Regional Forecast By 2031

Updated On: 08 April 2024

Orthostatic Hypotension Drugs Market Report Overview

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The global orthostatic hypotension drugs market size was USD 641.98 million in 2021, as per our research, the market is expected to reach USD 1471.36 million in 2031, exhibiting a CAGR of 8.65% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the orthostatic hypotension drugs market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Orthostatic hypotension, sometimes called postural hypotension, is a medical disorder that is characterized by light-headedness brought on by low blood pressure. Standing up after a prolonged sitting period and feeling queasy is a regular occurrence. It can be caused by dehydration, cardiac, endocrine, nervous system, and diseases, among other things. Additionally, it has been discovered that senior nursing home patients are more prone to O.H. than people out in the society. When a person develops orthostatic hypotension, both their diastolic and systolic blood pressures fall by at least 10 and 20 mm Hg, respectively.

On the strength of advancements in blood pressure monitoring techniques and equipment, the market for orthostatic hypotension drugs is growing globally. The goal of medical research is to create practical solutions that will raise peoples' health standards. Furthermore, a reasonable system of identification within the healthcare industry is required due to the interactions among different kinds of disorders. Sudden episodes of blood pressure drops can occur for a variety of reasons. Consequently, the global market for drugs used to treat orthostatic hypotension has a sizable customer base at its fingertips. The requirement has also been fueled by the increasing prevalence of cardiovascular illnesses.

COVID-19 Impact: Decrease in Demand for the Drugs as Consumers wanted to Cut out Non-essential Spending’s

The epidemic has had a negative influence on most industries worldwide. This can be ascribed to the enormous disruptions that various precautionary lockdowns and other limitations that were imposed by governing agencies around the world caused in their respective production and supply-chain operations. The same is true of the market for drugs to treat orthostatic hypotension worldwide. Additionally, consumer demand decreased as a result of people being more eager to cut non-essential spending from their own expenditures as the overall economic situation of the majority of people had been adversely impacted by this outbreak. Over the course of the forecast period, the aforementioned factors are anticipated to have a negative impact on the revenue trajectory of the worldwide orthostatic hypotension drugs sector.

Latest Trends

"Growing Use of Combination Therapy to Treat Patients with OH "

OH is a persistent, disabling condition that can be challenging to manage in certain patients. A number of medications are used to enhance function, standing time, and postural problems. Orthostatic stress varies throughout the day, therefore treating OH patients with a single medication may not be sufficient. As a result, the treatment of symptomatic OH is becoming more and more focused on the use of medication combinations, such as midazolam and fludrocortisone, midazolam and pyridostigmine, or midazolam and octreotide. For instance, combined therapy is taken into consideration for patients with OH who are resistant to treatment. If these medications don't work as a stand-alone treatment, fludrocortisone and midodrine in small doses can be combined. As a result of these therapeutic advancements, the market for orthostatic hypotension drugs is anticipated to show promising growth over the course of the forecast period.

Orthostatic Hypotension Drugs Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Midodrine, Northera (Droxidopa), Fludrocortisone and Other Drugs

• By Application Analysis

Based on application, the market can be divided into Hospital, Medical Research Institute, Clinic, Drug Store/Pharmacies and Others

Driving Factors

"Growing Risk of Chronic Health Conditions is Expected to Expand the Drugs Industry"

The prevalence of diabetes, cardiovascular disease, and neurological disorders is increasing worldwide, which is increasing the risk of O.H. It is connected to the autonomic nerve system becoming dysfunctional. Another common condition that increases the risk of O.H. and damages human nerves is dehydration. Due to the increase in the frequency of chronic health conditions associated with a high risk of O.H., the global market for orthostatic hypotension drugs is anticipated to expand throughout the projected timeline.

"Growing Demand for Diagnosis Tests Creates Opportunities for the Development of New Drugs"

Exercise, namely walking on a treadmill, is used to administer a stress test. To make their hearts work harder, people who are unable to work out may indeed be put on medication. Then, the heart is observed using echocardiography, electrocardiography, or other testing. Therefore, these tests are frequently used to determine the patient's state in order to facilitate a speedy recovery, which opens up several prospects for the procedures involved in developing new drugs.

Restraining Factors

"Lack of Clinical Findings could Slow Down the Widening of the Market  "

The orthostatic hypotension drugs market growth could experience slow expansion over the forecast period due to a number of factors, including the use of non-pharmacological alternative treatments such as first therapy, reduced diagnosis rates, a severe shortage of clinical findings, and unfavorable safety characteristics of O.H. drugs. Narcotics, a few antidepressants, a few antipsychotics, pain medications, and medications for Parkinson’s disease and impotence are some of the medications that can increase the likelihood of orthostatic hypotension.

Orthostatic Hypotension Drugs Market Regional Insights

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"Rising Per Capita Spending on Pharmaceutical in the Region is Driving the Market Growth "

During the projection period, North America will account for a significant portion of the market's growth. The hypotension drug industry in North America is mostly centered in the United States and Canada. The market in this area will expand more quickly than the business in the rest of the world. Over the projected period, the expansion of the orthostatic hypotension drugs market share in North America would be aided by the increasing per capita pharmaceutical spending.

Key Industry Players

"Key Players are Engaged in Launching Strategies and Mergers to Increase their Global Share"

Businesses involved in the drugs sector are becoming increasingly engaged with launching strategies including direct advertising, CSR programmes, and others in an effort to increase their global significance. In order to increase their separate consumer bases, several major market participants in the worldwide orthostatic hypotension drugs industry are currently concentrating more on forming successful partnerships, mergers, and alliances. By being able to serve their assigned target bases both domestically and abroad, companies stand to increase them. Over the course of the forecast year, it is projected that this factor, together with promising developments in developing countries from the Asia Pacific area, including China, India, Taiwan, Indonesia, and others, would greatly increase the commercial opportunities for interested parties.

List of Market Players Profiled

• Novartis AG (Switzerland)
• Mylan NV (U.S.)
• H. Lundbeck AS (Denmark)
• Pfizer Inc. (U.S.)
• Amneal Pharmaceuticals Inc. (U.S.)

Report Coverage

This report covers the orthostatic hypotension drugs market. The CAGR expected to be in during the forecast period, and also the USD value in 2021 and what it is expected to be in 2031. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.