North America region dominates the adenosine market due to increase in geriatric population and cardiac diseases as well as the presence of most of the key players. Europe is the next leading market after North America. The change in lifestyle, increase number of alcohol and tobacco consumers, as well as an increased number of research and development activities, are supposed to boost the demand for Adenosine Market in the European Region. The demand for adenosine is supposed to increase from the APAC region with an increasing number of patients and rising awareness about heart health and increase in disposable income.
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Change in lifestyle, unhealthy eating habits, sedentary work life has increased the number of heart-related diseases. Arrhythmia is one major and rapidly rising cardiac issue all around the globe. Arrhythmia is the condition with an irregular heartbeat and can lead fatal heart conditions. Arrhythmia can be effectively treated with drugs like adenosine. Adenosine is an important chemical found in cells many living organisms and is used as medicine. Adenosine as a drug is white crystalline powder used as the antiarrhythmic agent. Adenosine is used as a potent vasodilator and is used for the treatment of certain types of supraventricular tachycardia and abnormal heartbeats. Derivatives of adenosine with phosphate namely Adenosine triphosphate (ATP) and adenosine monophosphate (AMP) have a major role in biochemical processes like energy transfer and signal transduction.
Increase in a number of patients suffering from obesity, increase in the number of chronic diseases, unhealthy lifestyle leading to an increase in a number of arrhythmia incidents are supposed to be driving factors of adenosine market. Adenosine not only plays important role in biological processes but also has an important role in the cardiovascular system. Adenosine is given an IV to patients in order to treat pulmonary hypertension and some surgical pains along with abnormal heartbeats. The rise in consumption of alcohol & cigarette, work pressure, unhealthy eating lifestyles are secondary drivers of adenosine market. Adenosine is also used in controlling the blood pressure during anesthesia during surgery. Adenosine is also used for diagnostic purposes. It is used during the cardiac stress test which is a routine test as well as done to diagnose some of the heart problems. Due to the rise in health concern, consumers intend to have a routine heart check-up thus increasing demand for adenosine. Adenosine also acts as a sleep-regulating substance. Adenosine reacts with phosphate to give ATP and AMP. ATP is a source of energy and used intravenously to treat pulmonary hypertension, acute kidney failure, cystic fibrosis etc. while AMP is used for treating some blood disorders. With the number of increasing heart problem and applications of adenosine in the pharmaceutical sector, the global demand in the market for adenosine is expected to increase during the forecast period.
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Some of the key players in the Adenosine market are Akron Inc., Pfizer Inc., Teva Pahrmaceuticals USA Inc., Wockhart USA Inc., West-Ward Pharmaceuticals, Mingxin Pharmaceuticla, Yasama, Meihua Group. More companies are interested to invest in Adenosine market as it is a growing sector.
Adenosine has application in treatment as well as diagnosis of some of the major heart issues thus increased demand with an increase in the number of heart patients all around the world. There has been a lot of research and development based activities with adenosine and its use. Adenosine is used along with Thallium-201 in order to treat myocardial perfusion scintigraphy. ATP is recently being introduced as in various performance-enhancing supplements. AMP is involving in signal transduction in various pathways in the body. AMP is largely explored in anticancer drug development.
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Adenosine Market Poised to Expand at a Robust Pace Over 2018-2026
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