IMARC Group latest research study “Antihyperlipidemic Drugs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global antihyperlipidemic drugs market size reached US$ 12.0 Billion in 2022. Looking forward, the market is expected to reach US$ 16.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.6% during 2023-2028.
What Are Antihyperlipidemic Drugs in Market?
Antihyperlipidemic drugs are medications used to lower serum levels of cholesterol and lipids (fats) in the blood. Some of the commonly available antihyperlipidemic drugs include bile acid sequestrants, fabric acid derivatives, cholesterol absorption inhibitors, antihyperlipidemic agents, PCSK9 inhibitors, and statins. They are prescribed along with different medications to manage lipid levels in the blood of patients, which can cause various diseases, such as hypertension, diabetes, obesity, and hyperlipidemia. In addition, these drugs help to increase the high-density lipoprotein (HDL) cholesterol in the body to prevent coronary heart conditions.
Request a PDF Sample for more detailed market insights: https://www.imarcgroup.com/antihyperlipidemic-drugs-market/requestsample
Antihyperlipidemic Drugs Market Trends and Drivers:
The market is primarily driven by the rising prevalence of hyperlipidemia among individuals due to sedentary lifestyles, consumption of fast foods, and nicotine addiction. In addition, the increasing geriatric population that is more susceptible to developing cardiovascular diseases is contributing to market growth.
Moreover, the increasing incidences of several medical conditions such as diabetes, pregnancy, kidney, and peripheral artery diseases that are likely to result in hyperlipidemia represent another major growth-inducing factor. Besides this, there has been escalated product demand due to the growing prevalence of genetic and acquired lipid and lipoprotein metabolism disorders among the pediatric population to reduce hospitalization rates and premature deaths.
Furthermore, antihyperlipidemic drugs are widely prescribed for reducing low-density lipoprotein (LDL) cholesterol and increasing high-density lipoprotein (HDL) to minimize the risk of coronary artery disease (CAD) in individuals, which is creating a positive market outlook across the globe.
Antihyperlipidemic Drugs Market Report Scope
Market size value in 2022
US$ 12.0 Billion
Market forecast in 2028
US$ 16.0 Billion
CAGR of 4.6% from 2023 to 2028
Base year for estimation
Global Antihyperlipidemic Drugs Market 2023-2028 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Antihyperlipidemic Drugs Companies:
Amgen Inc. (NASDAQ: AMGN)
AstraZeneca plc (LON: AZN)
Daiichi Sankyo Company Limited (TYO: 4568)
Merck & Co. Inc.
The report has segmented the market on the basis of region, drug class, route of administration and distribution channel.
Breakup by Drug Class:
- Bile Acid Sequestrants
- Cholesterol Absorption Inhibitors
- Fibric Acid Derivatives
- PCSK9 Inhibitors
Breakup by Route of Administration:
Breakup by Distribution Channel:
- Hospital Pharmacies
- Retail Stores
- Online Retailers
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=5622&flag=C
If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Browse More Trending Industry Research Reports:
Artificial Cornea and Corneal Implant Market Report
Healthcare Cyber Security Market Report
Catheter-Directed Thrombolysis Devices Market Report
Intraoral Scanners Market Report
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Address:134 N 4th St.
Country: United States