The Infinium Global Research analyzes the Hypercholesterolemia Drugs Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global hypercholesterolemia drugs market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of hypercholesterolemia drugs. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the hypercholesterolemia drugs market during the period. The global hypercholesterolemia drugs market is projected to grow at a CAGR of 4.7% over the forecast period of 2018-2024.
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The presence of high level of cholesterol in the blood is known as Hypercholesterolemia or High cholesterol. Fatty deposits in the walls of the coronary arteries is formed due excess cholesterol present in the blood. As the cholesterol accumulates, it causes atherosclerotic plaques to form, which narrows and hardens the artery walls and reduces the supply of blood to the heart. This increases the risk of angina and heart attack. High-density lipoprotein (HDL) cholesterol, Low-density lipoprotein (LDL) cholesterol, Very low-density lipoprotein (VLDL) cholesterol are the types of Human blood cholesterol.
Growing Responsiveness to Heart Diseases Associated with Aging Population is the Key Factor Driving the Growth of the Market.
Growing responsiveness to heart diseases associated with aging population is the key factor driving the growth of the market. Additionally, availability of funding and activities to promote health awareness programs by healthcare centers, rise in incidence of cardiovascular diseases and increasing awareness among people for reducing the harmful cholesterol levels to control heart diseases such factors are likely to boost the growth in this market.
Statins is expected to be largest segment among the drug class in 2016. Statins helps to reduce blood cholesterol levels, bring down the danger of chest pain, heart attack, and stroke caused by a blocked blood vessel.
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North America is Expected to Be Largest Market for Hypercholesterolemia Drugs
Among the geographies, North America is expected to be largest market for hypercholesterolemia drugs due to increasing incidences of heart diseases and related disorders in the region. While, Asia-Pacific is expected to grow fast during the forecast period, owing to the presence of a large pool of patient and growing government initiatives in countries like China and India is likely to augment the growth in this region.
Hypercholesterolemia Drugs Market: Segmentation
The report on global hypercholesterolemia drugs market covers segments such as, drug class, type of disease and mechanism of action. On the basis of drug class the global hypercholesterolemia drugs market is categorized into statins and non-statins. On the basis of type of disease the global hypercholesterolemia drugs market is categorized into FH and non-FH. On the basis of mechanism of action, the global hypercholesterolemia drugs market is categorized into bile acid sequestrants, HMG-coa reductase inhibitors, fibric acid derivatives, nicotinic acid and others.
Key Players in the Hypercholesterolemia Drugs Market
The report provides profiles of the companies in the global hypercholesterolemia drugs market such as, Aegerion Pharmaceuticals, Amgen Inc., AbbVie Inc., Eli Lilly, Merck &Co.Inc., Pfizer Inc., Sanofi S.A., Teva Pharmaceuticals, Cipla Limited and Novartis.
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- Comprehensive analysis of global as well as regional markets of the hypercholesterolemia drugs.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.