How Big Is the Hypertrophic Cardiomyopathy Market | Growth Analysis & Forecast 2031

Code: MTA6839 Publication Date: Jul 2025

How big is the Hypertrophic Cardiomyopathy Market?

According to 6Wresearch internal database and industry insights, the Global Hypertrophic Cardiomyopathy Market was valued at USD 1.5 Billion in 2024 and is projected to reach USD 3.3 Billion by 2031, growing at a compound annual growth rate (CAGR) of 9.72% during the forecast period of 2025–2031.

The market is driven by growing awareness, increased diagnosis rates, advancements in genetic testing, and the development of novel therapies, especially for obstructive HCM.

Key Growth Drivers of the Hypertrophic Cardiomyopathy Market

  • Growing adoption of genetic testing and personalized medicine
  • Rising prevalence of cardiovascular diseases and aging population
  • Increased research on targeted therapies for obstructive and non-obstructive HCM
  • Development of disease-specific drugs like myosin inhibitors
  • Supportive government initiatives and clinical trial funding

Hypertrophic Cardiomyopathy Market Trends

The hypertrophic cardiomyopathy market is witnessing a surge in clinical trials and regulatory approvals for targeted therapies such as mavacamten. Increasing usage of cardiac MRI and echocardiography in early diagnosis is also boosting the market. Patient awareness campaigns and routine screening in athletes have improved diagnosis rates. Moreover, pharmaceutical companies are investing in HCM-specific therapies, moving beyond beta-blockers and calcium channel blockers, towards precision treatments targeting genetic mutations and sarcomeric proteins.

Emerging Developments in the Hypertrophic Cardiomyopathy Market

The current technology focuses on treating the cause of HCM by optimization of RNA-based therapy and gene editing operations. The early diagnosis and tracking of the levels of disease are being facilitated by wearable cardiac monitoring gadgets. Application of AI in the diagnosis of HCM using imaging technologies is being looked into. As well as this, the designation of some HCM treatments as orphan drugs is also persuading firms to be more innovative in the rare diseases market.

Major Companies in the Hypertrophic Cardiomyopathy Market

  • Bristol Myers Squibb
  • MyoKardia Inc. (acquired by BMS)
  • Cytokinetics Inc.
  • Pfizer Inc.
  • Abbott Laboratories
  • Gilead Sciences
  • Eli Lilly and Company
  • Merck & Co.
  • Novartis AG
  • Amgen Inc.

How Big Is the Hypertrophic Cardiomyopathy Market : FAQ's

It was valued at USD 1.5 Billion in 2024 and is projected to reach USD 3.3 Billion by 2031.
The hypertrophic cardiomyopathy market is expected to grow at a CAGR of 9.72% from 2025 to 2031.
Growing diagnosis rates, genetic testing, and development of targeted therapies.
Beta-blockers, myosin inhibitors like mavacamten, and calcium channel blockers.
North America leads, owing to high awareness, advanced healthcare systems, and strong R&D infrastructure.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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