According to the latest report by IMARC Group, titled, “Hyperlipidemia Drugs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025", the global hyperlipidemia drugs market grew at a CAGR of around 3% during 2014-2019.
Hyperlipidemia refers to a health condition where an excessive quantity of lipids, such as cholesterol and triglycerides, is produced into the blood. This condition may lead to cardiac stroke, peripheral vascular disorders, atherosclerosis, diabetes, obesity, hypertension, and various cardiovascular diseases. Some of the hyperlipidemia drugs include statins, bile acid sequestrants, cholesterol absorption inhibitors, PCSK9 inhibitors, fibric acid derivatives, etc. These drugs help in reducing cholesterol production levels in the liver along with lowering the quantity of lipids from the bloodstream.
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Global Hyperlipidemia Drugs Market Trends
The rising prevalence of numerous lifestyle disorders, such as hypertension, obesity, cardiovascular diseases, etc., due to sedentary consumer lifestyles, is driving the demand for hyperlipidemia drugs. Furthermore, the increasing geriatric population who are more prone to the risk of high cholesterol and cardiovascular diseases, is also augmenting the market growth. Additionally, the development of novel drug classes with improved endothelial function and stable atherosclerotic plaques is further propelling the demand for hyperlipidemia drugs. Besides this, the reduction in the prices of PCSK9 inhibitors, such as Repatha and Praluent, is expected to replace several expensive therapies, thereby catalyzing the global market for hyperlipidemia drugs.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Hyperlipidemia Drugs Market 2020-2025 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of the key players being Amgen Inc., AstraZeneca PLC, Daiichi Sankyo Company Limited, Eli Lilly and Company, Esperion Therapeutics Inc., GlaxoSmithKline Pharmaceuticals Limited (GlaxoSmithKline Plc), Immuron Limited, Ionis Pharmaceuticals Inc., Merck & Co. Inc., Pfizer Inc. and Sanofi S.A.
The report has segmented the market on the basis of Drug Type, End User and Region.
Breakup by Drug Type:
Statins
Bile Acid Sequestrants
Cholesterol Absorption Inhibitors
PCSK9 Inhibitors
Fibric Acid Derivatives
Others
Breakup by End User:
Hospitals
Clinics
Others
For more information about this report visit: https://www.imarcgroup.com/hyperlipidemia-drugs-market
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
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