The report talks about the shift in demands and emerging trends that are expected to drive the growth of the Hypercholesterolemia market. The rising demand for the Hypercholesterolemia market is expected to drive the demand for Hypercholesterolemia market, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
The global hypercholesterolemia market size was USD 12.95 Billion in 2021 and is expected to register a revenue CAGR of 15.7% during the forecast period, according to latest analysis by Emergen Research. Rising prevalence of cardiovascular diseases and chronic disorders and rising number of clinical studies and trials for treatment of hypercholesterolemia are crucial factors driving market revenue growth. In addition, rapid advancement of clinical drug development for hypercholesterolemia in the recent years is another factor expected to drive revenue growth of the market.
Hypercholesterolemia is defined as high amounts of Low-Density lipoprotein Cholesterol (LDL-C) or non-High-Density Lipoprotein cholesterol (HDL-C), dyslipidemia comprises excessive triglycerides, low levels of HDL-C, and qualitative lipid abnormalities.
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Report Scope:
Forecast Period: 2022- 2030
CAGR: 15.7%
Base Year: 2021
Number of Pages: 250
The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.
Leading Players Profiled in the Report:
Some major companies in the global market report include Novartis AG, Regeneron Pharmaceuticals, Inc., Merck KGaA, Pfizer, Ltd., Astrazeneca, AbbVie Inc., Eli Lilly and Company, Esperion Therapeutics, Sanofi S.A., and AMGEN, Inc.
Some Key Highlights from the Report
- The genetic disease segment accounted for largest revenue share in 2021. Familial Hypercholesterolemia (FH) is a common genetic condition caused by a mutation in one or more of the genes involved in catabolism of Low-Density Lipoprotein cholesterol (LDL-C).
- Autosomal dominant inheritance is the pattern for familial hypercholesterolemia induced by mutations in LDLR, APOB, or PCSK9 genes. FH's clinical profile must also be separated from that of other hereditary dyslipidemias, such as Familial Combined Hyperlipidaemia (FCHL) and Polygenic Hypercholesterolaemia, with Increased Lp (a), both of which may be associated with an increased risk of vascular disease.
- Growth of this segment is being stimulated by an increase in screening programs for familial hypercholesterolemia, as well as cost of these programs and clinical development of new treatments for this illness. These are major factors driving growth of this segment.
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Emergen Research has segmented the global hypercholesterolemia market based on disease type, treatment type, distribution channel, and region:
· Disease Type Outlook (Revenue, USD Billion; 2019-2030)
- Genetic
- Acquired
· Treatment Type Outlook (Revenue, USD Billion; 2019-2030)
- Statins
- Bile-acid Binding Resins
- Niacin
- PCSK9 Inhibitors
- Cholesterol Absorption Inhibitors
- Fibric Acid Derivatives
- Others
· Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
In conclusion, the report is designed to provide an in-depth analysis of all the key change calculation factors that replicate the decisions that trigger the change, which pushes the player’s winning position profitable on the growth curve despite massive competition in the target Hypercholesterolemia market.
Key Questions Answered in the Report:
What is the growth rate of the Hypercholesterolemia market? What is the anticipated market valuation of Hypercholesterolemia industry by 2030?
What are the key growth driving and restraining factors of the Hypercholesterolemia market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Hypercholesterolemia industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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