The global cardiovascular drugs market, a part of the healthcare industry, declined at a compound annual growth rate (CAGR) of around -0.1% during the historic period. The healthcare industry showed a decline. The decline in the market is due to patent expiries of a major brands of cardiovascular drugs such as Lipitor, Plavi and others. Loss of patency has increased the market scope for generic versions of the drug with a huge difference in the prices.
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