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Lipid Regulators Market Analysis

  • Report ID: GMI8442
  • Published Date: Mar 2024
  • Report Format: PDF

Lipid Regulators Market Analysis

The global market based on type is segmented into statins and non-statins. The statins segment dominated the global market in 2023 with 60.1% market share and is anticipated to grow at CAGR of 4.1% during the analysis period.

 

  • Statins have become the standard of care for lipid management and cardiovascular risk reduction. They are recommended as first-line therapy in treatment guidelines issued by organizations such as the American College of Cardiology (ACC), thereby leading to widespread acceptance and adoption by healthcare providers.

     

  • Owing to the factors such as their proven efficacy in lowering LDL cholesterol levels and reducing cardiovascular risk, wide acceptance, favorable safety profile and diverse range of products including both branded and generic formulations further propel the growth of this segment.

 

Lipid Regulators Market, By Distribution Channel (2023)

The market based on indication is categorized into hypercholesterolemia, hypertriglyceridemia, coronary artery disease, and other indications. The hypercholesterolemia segment accounted for highest market share and was valued at USD 13.1 billion in 2023.

 

  • Hypercholesterolemia is highly prevalent globally, affecting millions of individuals across various age groups. The condition is particularly common in developed countries where diets are high. As a result, the sheer number of individuals with hypercholesterolemia drives the demand for lipid regulators, making it a dominant segment in the lipid regulators market.

     

  • Furthermore, statins have demonstrated robust efficacy in lowering LDL cholesterol levels and reducing the risk of cardiovascular events in individuals with hypercholesterolemia. Thus, the support in treatment guidelines results in widespread adoption and prescription of statins for hypercholesterolemia management.

     

The market based on route of administration is classified into oral and injectable. The oral segment held highest market share in 2023 and is anticipated to be valued at USD 37.3 billion by 2032.

 

  • Lipid regulators are predominantly administered orally. Most lipid regulators, including statins, fibrates, bile acid sequestrants, ezetimibe, and nicotinic acid derivatives, are available in oral formulations. Also, oral administration is preferred due to its convenience, patient acceptance, and ease of self-administration, contributing to the adoption rate of oral lipid regulators in clinical practice.

     

  • Further factors such as wide availability, established efficacy, flexible dosing, and cost-effectiveness collectively reinforce the prominence of oral segment in the global market.

     

Global market based on distribution channel into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment held majority of market share and is projected to grow at 3.7% CAGR from 2024 – 2032.

 

  • Hospital pharmacies dominate the overall market due their central role in medication management, coupled with their clinical expertise.

     

  • Also, a diverse patient population with cardiovascular conditions, and availability of wide range of lipid regulatory drugs is expected to further augment the market growth.

 

North America Lipid Regulators Market, 2020 – 2032 (USD Billion)

North America lipid regulators market accounted for USD 13.6 billion revenue in 2023 and is projected to reach USD 18.1 billion by 2032.

 

  • North America region faces a significant burden of cardiovascular disease. Unhealthy dietary habits, sedentary lifestyles, obesity, and other lifestyle factors contribute to the widespread occurrence of CVD especially dyslipidemia in the population. It is a major risk factor for coronary artery disease, stroke, and peripheral artery disease, necessitating the widespread use of lipid regulator therapies in the region.

     

  • Furthermore, advanced healthcare infrastructure, a robust pharmaceutical industry, favorable regulatory policies, supportive reimbursement schemes, and increasing awareness collectively contributes to the North America market demand.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market size for lipid regulators was valued at USD 32.4 billion in 2023 and is set to register 3.8% CAGR from 2024 to 2032, driven by the rising prevalence of dyslipidemia and cardiovascular disease, advancements in drug development, and growing awareness of the importance of lipid management in reducing cardiovascular risk.

The statins segment accounted for 60.1% market share in 2023 and is anticipated to record 4.1% CAGR from 2024 to 2032 as they are recommended as first-line therapy in treatment guidelines issued by organizations such as the American College of Cardiology (ACC).

North America market for lipid regulators accounted for USD 13.6 billion in 2023 and is projected to reach USD 18.1 billion by 2032, as the region faces a significant burden of cardiovascular disease.

AbbVie Inc, Amgen Inc., AstraZeneca plc, Bristol-Myers Squibb, Dr. Reddy's Laboratories Ltd., Merck & Co., Novartis AG, Pfizer, Inc., Sanofi, and Teva Pharmaceuticals.

Lipid Regulators Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 355
  • Countries covered: 19
  • Pages: 203
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