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Lipid regulators market size, share, trends and analysis

aanikhil | August 13, 2019 | 0 | Pharmaceutical and Healthcare

Lipid regulators market

Lipid regulators market:

In 2015, the market for lipid regulators amounted to $XX billion and the market size is expected to expand to $XX billion by 2021 with CAGR at XX%. Lipid regulators or lipid-regulating medicines are used to treat complications of dyslipidemia, cardiovascular issues, osteoporosis and post-menopause. Thats why these lipid regulators are among the most prescribed drugs in the class. A study shows that for these statins over 255.4 million prescriptions are filled every year. The statin market is being energized by lipid regulators including a complete spectrum of statin and non-statin products.

Global market segmentation for lipid regulators is predominantly based on type’s statins and non-statins and geographic regions. Statins also include sub-segments such as branded statins, combinations of statins and generic statins, whereas non-statins are sub-divided into derivatives of fibric acid, bile acid sequestrants, derivatives of nicotinic acid and other new products.

North America is leading the global lipid regulator market followed by Europe. However, emerging nations such as India and China are contributing to these markets profits by placing Asia Pacific in the list of top areas holding greater market share for lipid regulators. This can be due to rising disease incidences and rising therapeutic demand. Abbott Laboratories, Andrx Corporation, Astrazeneca, Atellas Pharma, Inc., Bristol-Myers Squibb, Pfizer, Novartis, Merck, Teva Pharmaceuticals and Bentley Pharmaceuticals, among others, are main competitors for this industry.

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Drivers:

Increasingly aggressive rules are boosting the statin market. Other factors driving this market are the growing amount of therapy population, aging population, demand for advancing therapy, enhanced patient compliance and public support.

Opportunity:

Expanding population base, increased prevalence of diseases, large patient population and upsurge in disposable income of the population are some of the drivers that shove the usage of lipid regulators, and help in development of the market.

Restraints:

Lipid Regulators low knowledge primarily restricts the potential of the worldwide economy. Furthermore, the failure of physicians to adhere to the National Cholesterol Education Program NCEP, the introduction of combination drugs and the introduction of generic low price.

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This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

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