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Global Antihyperlipidemic Drug Market Research Report 2024

Global Antihyperlipidemic Drug Market Research Report 2024

Publishing Date : Sep, 2023

License Type :
 

Report Code : 1790068

No of Pages : 94

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Synopsis
Antihyperlipidemic drugs, also known as lipid-lowering drugs, are medications used to manage high levels of cholesterol and triglycerides in the blood. These drugs work by various mechanisms to reduce lipid levels, helping to prevent or manage conditions such as hyperlipidemia, atherosclerosis, and cardiovascular disease.
Global Antihyperlipidemic Drug market is projected to reach US$ 18970 million in 2029, increasing from US$ 12600 million in 2022, with the CAGR of 6.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Antihyperlipidemic Drug market research.
The global antihyperlipidemic drug market refers to the market for medications used to treat high levels of lipids (fat molecules) in the blood, particularly cholesterol and triglycerides. Antihyperlipidemic drugs are commonly prescribed to manage conditions such as hypercholesterolemia and hypertriglyceridemia, which are risk factors for cardiovascular diseases.
The market for antihyperlipidemic drugs is driven by several factors, including the increasing prevalence of cardiovascular diseases globally, rising awareness about the importance of lipid management, and high demand for effective treatment options. Lifestyle modifications such as diet and exercise play a significant role in managing hyperlipidemia, but medications are often prescribed when lifestyle changes alone are insufficient.
Different classes of antihyperlipidemic drugs are available, including statins, fibrates, bile acid sequestrants, cholesterol absorption inhibitors, and PCSK9 inhibitors. Statins are the most commonly prescribed class of drugs and are highly effective at lowering LDL cholesterol levels, while other classes of drugs may target different aspects of lipid metabolism.
Geographically, North America holds a significant share in the global antihyperlipidemic drug market, primarily due to the high prevalence of cardiovascular diseases, well-established healthcare infrastructure, and the presence of key market players. Europe is another prominent market, driven by factors such as increasing government initiatives for early detection and management of hyperlipidemia and favorable reimbursement policies.
Asia-Pacific is witnessing significant growth in the antihyperlipidemic drug market, attributed to factors such as rapid urbanization, changing lifestyles, and increasing healthcare expenditure in countries such as China and India.
Key players in the global antihyperlipidemic drug market include Pfizer Inc., AstraZeneca plc, Merck & Co., Inc., Novartis AG, and Amgen Inc., among others. These companies focus on research and development activities, strategic collaborations, and mergers and acquisitions to develop innovative drugs and expand their market presence.
However, the market for antihyperlipidemic drugs faces challenges such as potential side effects and adverse drug interactions, non-adherence to treatment regimens, and the availability of generic alternatives. Additionally, lifestyle modifications continue to be an essential component of lipid management and may sometimes be preferred over long-term medication use.
In summary, the global antihyperlipidemic drug market is driven by factors such as the increasing prevalence of cardiovascular diseases, growing awareness about lipid management, and the availability of different classes of drugs. North America currently leads the market, but Asia-Pacific is witnessing rapid growth. Key players in the market continue to invest in research and development to offer innovative treatment options and meet the evolving needs of patients with hyperlipidemia.The global antihyperlipidemic drug market refers to the market for medications used to treat high levels of lipids (fat molecules) in the blood, particularly cholesterol and triglycerides. Antihyperlipidemic drugs are commonly prescribed to manage conditions such as hypercholesterolemia and hypertriglyceridemia, which are risk factors for cardiovascular diseases.
The market for antihyperlipidemic drugs is driven by several factors, including the increasing prevalence of cardiovascular diseases globally, rising awareness about the importance of lipid management, and high demand for effective treatment options. Lifestyle modifications such as diet and exercise play a significant role in managing hyperlipidemia, but medications are often prescribed when lifestyle changes alone are insufficient.
Different classes of antihyperlipidemic drugs are available, including statins, fibrates, bile acid sequestrants, cholesterol absorption inhibitors, and PCSK9 inhibitors. Statins are the most commonly prescribed class of drugs and are highly effective at lowering LDL cholesterol levels, while other classes of drugs may target different aspects of lipid metabolism.
Geographically, North America holds a significant share in the global antihyperlipidemic drug market, primarily due to the high prevalence of cardiovascular diseases, well-established healthcare infrastructure, and the presence of key market players. Europe is another prominent market, driven by factors such as increasing government initiatives for early detection and management of hyperlipidemia and favorable reimbursement policies.
Asia-Pacific is witnessing significant growth in the antihyperlipidemic drug market, attributed to factors such as rapid urbanization, changing lifestyles, and increasing healthcare expenditure in countries such as China and India.
Key players in the global antihyperlipidemic drug market include Pfizer Inc., AstraZeneca plc, Merck & Co., Inc., Novartis AG, and Amgen Inc., among others. These companies focus on research and development activities, strategic collaborations, and mergers and acquisitions to develop innovative drugs and expand their market presence.
However, the market for antihyperlipidemic drugs faces challenges such as potential side effects and adverse drug interactions, non-adherence to treatment regimens, and the availability of generic alternatives. Additionally, lifestyle modifications continue to be an essential component of lipid management and may sometimes be preferred over long-term medication use.
In summary, the global antihyperlipidemic drug market is driven by factors such as the increasing prevalence of cardiovascular diseases, growing awareness about lipid management, and the availability of different classes of drugs. North America currently leads the market, but Asia-Pacific is witnessing rapid growth. Key players in the market continue to invest in research and development to offer innovative treatment options and meet the evolving needs of patients with hyperlipidemia.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Antihyperlipidemic Drug market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Sanofi
Boehringer Ingelheim
Merck KGaA
Johnson and Johnson
Bayer AG
Pfizer
Takeda Pharmaceutical Co
AstraZeneca
Daiichi Sankyo
Novartis International AG
AbbVie
Amgen
Bristol Myers Squibb
Segment by Type
Statins
PCSK9 Inhibitors
Bile Acid Chelators
Cholesterol Absorption Inhibitors
Others
Segment by Application
Hospital Pharmacy
Online Pharmacy
Clinics
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Antihyperlipidemic Drug report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies' Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Antihyperlipidemic Drug Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Statins
1.2.3 PCSK9 Inhibitors
1.2.4 Bile Acid Chelators
1.2.5 Cholesterol Absorption Inhibitors
1.2.6 Others
1.3 Market by Application
1.3.1 Global Antihyperlipidemic Drug Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Hospital Pharmacy
1.3.3 Online Pharmacy
1.3.4 Clinics
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Antihyperlipidemic Drug Market Perspective (2018-2029)
2.2 Antihyperlipidemic Drug Growth Trends by Region
2.2.1 Global Antihyperlipidemic Drug Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Antihyperlipidemic Drug Historic Market Size by Region (2018-2023)
2.2.3 Antihyperlipidemic Drug Forecasted Market Size by Region (2024-2029)
2.3 Antihyperlipidemic Drug Market Dynamics
2.3.1 Antihyperlipidemic Drug Industry Trends
2.3.2 Antihyperlipidemic Drug Market Drivers
2.3.3 Antihyperlipidemic Drug Market Challenges
2.3.4 Antihyperlipidemic Drug Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Antihyperlipidemic Drug Players by Revenue
3.1.1 Global Top Antihyperlipidemic Drug Players by Revenue (2018-2023)
3.1.2 Global Antihyperlipidemic Drug Revenue Market Share by Players (2018-2023)
3.2 Global Antihyperlipidemic Drug Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Antihyperlipidemic Drug Revenue
3.4 Global Antihyperlipidemic Drug Market Concentration Ratio
3.4.1 Global Antihyperlipidemic Drug Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Antihyperlipidemic Drug Revenue in 2022
3.5 Antihyperlipidemic Drug Key Players Head office and Area Served
3.6 Key Players Antihyperlipidemic Drug Product Solution and Service
3.7 Date of Enter into Antihyperlipidemic Drug Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Antihyperlipidemic Drug Breakdown Data by Type
4.1 Global Antihyperlipidemic Drug Historic Market Size by Type (2018-2023)
4.2 Global Antihyperlipidemic Drug Forecasted Market Size by Type (2024-2029)
5 Antihyperlipidemic Drug Breakdown Data by Application
5.1 Global Antihyperlipidemic Drug Historic Market Size by Application (2018-2023)
5.2 Global Antihyperlipidemic Drug Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Antihyperlipidemic Drug Market Size (2018-2029)
6.2 North America Antihyperlipidemic Drug Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Antihyperlipidemic Drug Market Size by Country (2018-2023)
6.4 North America Antihyperlipidemic Drug Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Antihyperlipidemic Drug Market Size (2018-2029)
7.2 Europe Antihyperlipidemic Drug Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Antihyperlipidemic Drug Market Size by Country (2018-2023)
7.4 Europe Antihyperlipidemic Drug Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Antihyperlipidemic Drug Market Size (2018-2029)
8.2 Asia-Pacific Antihyperlipidemic Drug Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Antihyperlipidemic Drug Market Size by Region (2018-2023)
8.4 Asia-Pacific Antihyperlipidemic Drug Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Antihyperlipidemic Drug Market Size (2018-2029)
9.2 Latin America Antihyperlipidemic Drug Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Antihyperlipidemic Drug Market Size by Country (2018-2023)
9.4 Latin America Antihyperlipidemic Drug Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Antihyperlipidemic Drug Market Size (2018-2029)
10.2 Middle East & Africa Antihyperlipidemic Drug Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Antihyperlipidemic Drug Market Size by Country (2018-2023)
10.4 Middle East & Africa Antihyperlipidemic Drug Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Sanofi
11.1.1 Sanofi Company Detail
11.1.2 Sanofi Business Overview
11.1.3 Sanofi Antihyperlipidemic Drug Introduction
11.1.4 Sanofi Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.1.5 Sanofi Recent Development
11.2 Boehringer Ingelheim
11.2.1 Boehringer Ingelheim Company Detail
11.2.2 Boehringer Ingelheim Business Overview
11.2.3 Boehringer Ingelheim Antihyperlipidemic Drug Introduction
11.2.4 Boehringer Ingelheim Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.2.5 Boehringer Ingelheim Recent Development
11.3 Merck KGaA
11.3.1 Merck KGaA Company Detail
11.3.2 Merck KGaA Business Overview
11.3.3 Merck KGaA Antihyperlipidemic Drug Introduction
11.3.4 Merck KGaA Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.3.5 Merck KGaA Recent Development
11.4 Johnson and Johnson
11.4.1 Johnson and Johnson Company Detail
11.4.2 Johnson and Johnson Business Overview
11.4.3 Johnson and Johnson Antihyperlipidemic Drug Introduction
11.4.4 Johnson and Johnson Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.4.5 Johnson and Johnson Recent Development
11.5 Bayer AG
11.5.1 Bayer AG Company Detail
11.5.2 Bayer AG Business Overview
11.5.3 Bayer AG Antihyperlipidemic Drug Introduction
11.5.4 Bayer AG Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.5.5 Bayer AG Recent Development
11.6 Pfizer
11.6.1 Pfizer Company Detail
11.6.2 Pfizer Business Overview
11.6.3 Pfizer Antihyperlipidemic Drug Introduction
11.6.4 Pfizer Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.6.5 Pfizer Recent Development
11.7 Takeda Pharmaceutical Co
11.7.1 Takeda Pharmaceutical Co Company Detail
11.7.2 Takeda Pharmaceutical Co Business Overview
11.7.3 Takeda Pharmaceutical Co Antihyperlipidemic Drug Introduction
11.7.4 Takeda Pharmaceutical Co Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.7.5 Takeda Pharmaceutical Co Recent Development
11.8 AstraZeneca
11.8.1 AstraZeneca Company Detail
11.8.2 AstraZeneca Business Overview
11.8.3 AstraZeneca Antihyperlipidemic Drug Introduction
11.8.4 AstraZeneca Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.8.5 AstraZeneca Recent Development
11.9 Daiichi Sankyo
11.9.1 Daiichi Sankyo Company Detail
11.9.2 Daiichi Sankyo Business Overview
11.9.3 Daiichi Sankyo Antihyperlipidemic Drug Introduction
11.9.4 Daiichi Sankyo Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.9.5 Daiichi Sankyo Recent Development
11.10 Novartis International AG
11.10.1 Novartis International AG Company Detail
11.10.2 Novartis International AG Business Overview
11.10.3 Novartis International AG Antihyperlipidemic Drug Introduction
11.10.4 Novartis International AG Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.10.5 Novartis International AG Recent Development
11.11 AbbVie
11.11.1 AbbVie Company Detail
11.11.2 AbbVie Business Overview
11.11.3 AbbVie Antihyperlipidemic Drug Introduction
11.11.4 AbbVie Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.11.5 AbbVie Recent Development
11.12 Amgen
11.12.1 Amgen Company Detail
11.12.2 Amgen Business Overview
11.12.3 Amgen Antihyperlipidemic Drug Introduction
11.12.4 Amgen Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.12.5 Amgen Recent Development
11.13 Bristol Myers Squibb
11.13.1 Bristol Myers Squibb Company Detail
11.13.2 Bristol Myers Squibb Business Overview
11.13.3 Bristol Myers Squibb Antihyperlipidemic Drug Introduction
11.13.4 Bristol Myers Squibb Revenue in Antihyperlipidemic Drug Business (2018-2023)
11.13.5 Bristol Myers Squibb Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Published By : QY Research

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