Germany Prazosin Market Growth, Size, Share, Industry Report and Forecast 2020-2026

Posted August 14, 2020 by mansi3210

Germany Prazosin Market Size, Share & Trends Analysis by Application, and Forecast 2020-2026
Germany prazosin market is estimated to decline at a CAGR of around -2.6% during the forecast period. However, the presence of a quality healthcare system and favorable government policies in the country is somehow driving the market in the region. As per the Institute for Health Metrics and Evaluation, around 192,000 cases of strokes were registered in the country in 2017 with a slight increment from 2014. Ischemic stroke is the leading stroke among all others in the country. The use of prazosin in PTSD cure is also considerable in Germany. In 2019, a study was conducted to determine PTSD and depression rates among paramedics. The PTSD rate among emergency medical service staff is considered to be higher than those in the general population. Around 2,731 paramedics and emergency physicians participated in the survey. The survey concluded that 5.4% of respondents had a positive PTSD screening result. In particular, older employees were significantly more likely to test positive for PTSD, the rate is 12.2% of those over 50 years, compared to 2.8% of those under 30 years.

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Germany prazosin market is segmented on the basis of application. Based on the application, the market is segmented into cardiovascular disease, neurological syndromes, prostate disorders, and kidney disorders. The CVD segment accounted for a significant share in the Germany prazosin market. CVDs claim to take more lives each year than all forms of cancer and chronic lower respiratory diseases altogether. Thus, Prazosin is one of the treatments used for CVD mainly high BP and strokes. For instance, Minipress is specified for the treatment of hypertension, to control BP. Lowering blood pressure decreases the risk of fatal and nonfatal cardiovascular events, mainly strokes and myocardial infarctions.

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Germany Prazosin Market Segmentation

By Application

• Cardiovascular Disease(CVD)
• Neurological Syndromes
• Prostate Disorders
• Kidney Disorders

Company Profiles

• Apotex Inc.
• Axon Medchem LLC
• Cayman Chemical Co.
• Merck KGaA
• Pfizer Inc.
• R&D Systems Inc.
• Renata Ltd.
• Mylan N.V.
• Sun Pharmaceuticals Industries Ltd.
• Teva Pharmaceuticals Industries Ltd.

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Categories Business , Health , Medical
Tags market analysis , market forecast , market research , pharmaceutical
Last Updated August 14, 2020