Nifedipine Medication Market, By Dosage Form (Tablets, Extended-release Tablets, Capsules, and Others (Sublingual tablets/spray, Patches and Others)), By Indication (Hypertension, Angina Pectoris, Raynaud\\\'s Phenomenon, and Others (Pre-term labor, vasospastic conditions and Others)), By Distribution Channel (Hospitals Pharmacies, Retail Pharmacies and Online Pharmacies), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East
North America is expected to dominate the market during the forecast period, which accounted for a share of 37.2% in 2022 This is due to the increasing prevalence of chronic diseases such as heart failure, arrhythmias, and hypertension in the region.
Europe is expected to be the second-largest market for nifedipine medication, which accounted for a share of 28.5% in 2022. This is due to the rising awareness about the benefits of nifedipine and the increasing healthcare expenditure in the region.
Asia Pacific is expected to be the fastest-growing market for nifedipine medication, registering a CAGR of 9.2% during the forecast period. This is due to the increasing prevalence of chronic diseases such as heart failure, arrhythmias, and hypertension in the region, along with the rising healthcare expenditure.