by Indication (Hypertension and Cardiovascular Risk Reduction) and Distribution Channel (Hospital Pharmacies, Drug Stores & Retail Pharmacies, and Online Pharmacies): Global Opportunity Analysis and Industry Forecast, 2020–2027." According to the report, the global telmisartan market size generated $3.45 billion in 2019, and is expected to reach $4.25 billion by 2027, manifesting a CAGR of 3.4% from 2020 to 2027.
Drivers, restraints, and opportunities-
Growth in geriatric population all across the globe, rise in healthcare expenditure, increase in awareness regarding treatment of high blood pressure, and surge in prevalence of hypertension across the globe fuel the growth of the global telmisartan market. However, drug shortages of telmisartan tablets hinder the market growth. On the other hand, high growth potential in developing countries is expected to create new opportunities in the next few years.