Propranolol Hydrochloride Market Clinical Application, by Distribution Channal, by Region, Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

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Propranolol Hydrochloride Market Clinical Application, by Distribution Channal, by Region, Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

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The global propranolol hydrochloride market size is accounted to register a significant CAGR of 2.6% during the forecast period 2021 to 2027 and expected to reach around USD 880 million by 2027. In 2019, the market size was estimated at USD 707 million. The increasing incidence of cardiac complications is a major factor to drive the market growth. Furthermore, the rising prevalence of hypertension and changing lifestyle in developed economies are some other factors to propel the market. Moreover, the increasing investment in research and development and advancement in the pharmaceuticals industry is expected to fuel the market over the forecast period. However, side effects associated with it such as allergic reaction, change in blood sugar, and breathing problem is expected to restrain the market growth. – PowerPoint PPT presentation

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Title: Propranolol Hydrochloride Market Clinical Application, by Distribution Channal, by Region, Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

1
Global Propranolol Hydrochloride Market

Propranolol Hydrochloride Market Clinical
Application, by Distribution Channal, by Region,
Size, Share, Growth, Global Trends, Industry
Analysis and Forecast to 2027

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2
Global Propranolol Hydrochloride Market

Market Synopsis
The global propranolol hydrochloride market
size is accounted to register a significant CAGR
of 2.6 during the forecast period 2021 to 2027
and expected to reach around USD 880 million by
2027. In 2019, the market size was estimated at
USD 707 million. The increasing incidence of
cardiac complications is a major factor to drive
the market growth. Furthermore, the rising
prevalence of hypertension and changing lifestyle
in developed economies are some other factors to
propel the market. Moreover, the increasing
investment in research and development and
advancement in the pharmaceuticals industry is
expected to fuel the market over the forecast
period. However, side effects associated with it
such as allergic reaction, change in blood sugar,
and breathing problem is expected to restrain the
market growth.