Market Highlights
Prils are small molecules or active pharmaceutical ingredients (API). APIs are important biological components which are used in drugs because of their therapeutic properties. There are various types of APIs used by pharmaceutical companies to develop therapeutic products for the treatment of various chronic diseases such as hypertension, heart diseases, and kidney diseases.
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Segment analysis
On the basis of type, the global prils market is segmented into benazepril, cilazapril, quinapril, and ramipril. These APIs are prescribed as antihypertension drugs with different concentrations. Ramipril is an angiotensin-converting enzyme (ACE) inhibitor and mostly preferred drug for the treatment of hypertension. The use of ramipril reduces the risk of stroke, heart attack, and also decreases kidney-related problems. This drug normalizes blood vessels and offers normal blood flow. Ramipril is expected to dominate the prils type segment as it is a highly prescribed drug to patients with heart diseases because it easily binds to a higher degree of binding to angiotensin-converting enzyme (ACE) in vascular tissue and prevents the rise of hypertension.
Similarly, there are other APIs such as benazepril, cilazapril, and quinapril possessing similar properties and are preferred to treat various chronic diseases
The global prils market, based on application, is segmented into hypertension, heart failure, chronic kidney disorders, and others. On the basis of segment, hypertension is estimated to dominate the global prils market owing to the increasing prevalence of cardiovascular diseases and rising geriatric population with heart-related problems. Increasing smoking also causes cardiovascular diseases. The heart failure segment is expected to be the second largest market in 2018.
Regional Analysis
Geographically, the global prils market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, the Americas dominated the global prils market and is expected to remain dominant during the review period. Europe accounted for a significant market share and is projected to be the second-largest market during the forecast period. Rise in therapeutics industry due to the increasing prevalence of various chronic diseases is boosting the global prils market.
