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The Anti-Neprilysin Market is Poised to Grow Rapidly by Innovative Drug Development
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Posted: Aug 30, 2024
The anti-neprilysin market comprises drugs that inhibit the enzymatic activity of neprilysin. Neprilysin is a zinc-dependent metalloprotease enzyme that degrades various biologically active peptides, including natriuretic peptides, bradykinin, and substance p. Inhibition of neprilysin results in increased levels of these peptides, leading to beneficial effects in conditions like heart failure and hypertension.
The global anti-neprilysin market is estimated to be valued at US$ 1382.2 Mn in 2024 and is expected to exhibit a CAGR of 4.6% over the forecast period 2024 to 2031.
Key players operating in the anti-neprilysin market are BIOPROJET, Novartis AG, Pharmaleads SA, Theravance Biopharm, Cipla Inc, Oceanic Pharmachem Pvt. Ltd. The anti-neprilysin drugs are increasingly being studied for the treatment of several cardiovascular and pulmonary diseases due to their unique mechanisms of action. Ongoing research aims to explore the clinical potential of neprilysin inhibitors in conditions like acute heart failure, renal disease, and pulmonary arterial hypertension.
The growing global burden of cardiovascular diseases and the realization that inhibition of neprilysin could provide new treatment approaches are fueling demand in the anti-neprilysin market. Major pharmaceutical companies are investing heavily in research and development to expand the therapeutic applications of neprilysin inhibitors. Several pipeline drugs are under various stages of clinical trials, which is expected to take the market to new heights.
Key Takeaways
Key players operating in the anti-neprilysin market are BIOPROJET, Novartis AG, Pharmaleads SA, Theravance Biopharm, Cipla Inc, Oceanic Pharmachem Pvt. Ltd.
The growing global burden of cardiovascular diseases is driving increasing demand for more effective treatment options, fueling growth of the anti-neprilysin market.
Major companies are undertaking extensive R&D for developing novel anti-neprilysin drugs and evaluating their efficacy in various disease conditions, aiming to expand to global markets.
Market Key Trends
One of the key drivers being observed in the Anti-Neprilysin Market Demand is the development of innovative drug formulations through advanced drug delivery approaches. Companies are investing in polymeric nanoparticle and liposomal formulations to enhance the bioavailability, efficacy and pharmacokinetic profile of anti-neprilysin drugs. Such innovative formulations hold promise to accelerate clinical adoption and commercial success of these therapies.
Porter’s Analysis
Threat of new entrants: Low barriers as generic drugs are produced but brand recognition and patents provide advantages to established players.
Bargaining power of buyers: Moderate to high as major pharmaceutical companies negotiate on large volume purchases and government agencies bargaining on behalf of public.
Bargaining power of suppliers: Low as raw materials for Anti-Neprilysin drugs are common and widely available.
Threat of new substitutes: Moderate threat as new treatment options for conditions like heart failure are continuously researched.
Competitive rivalry: High among major players to gain market share and expand indications through clinical trials as the market is growing.
Geographical Regions
North America dominates the Anti-Neprilysin market currently with a share of over 35% in terms of value led by United States. This is attributed to high healthcare spending and adoption of brand therapies.
Asia Pacific is poised to be the fastest growing region during the forecast period driven by rising heart disease prevalence, growing healthcare infrastructure and increasing disposable incomes in countries like China and India.
Europe accounts for around 30% market share currently led by countries like Germany, United Kingdom and France. However, pricing pressures are challenges due to stringent regulations.
Japan also has a significant share currently owing to high healthcare access and aging population vulnerable to conditions requiring Anti-Neprilysin drugs.
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About the Author
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, https://www.linkedin.com/in/ravina-pandya-1a3984191)
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