PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1388770
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1388770
Dyslipidemias, prevalent disorders among patients, pose significant risks for the development and progression of cardiovascular diseases. These disorders are characterized by elevated levels of total cholesterol (TC), triglycerides (TGs), and low-density lipoprotein cholesterol (LDL-C). Medications known as dyslipidemia drugs are utilized to treat this medical condition, which is defined by abnormal lipid (fat) levels in the bloodstream. The cornerstone of treatment to lower cholesterol levels involves conventional lipid-lowering therapies (LLTs), such as statins, ezetimibe, and PCSK9 inhibitors, in conjunction with maintaining a healthy lifestyle. Statins work by reducing cellular cholesterol content through the selective inhibition of the enzyme HMG-CoA reductase.
The incidence of dyslipidemia has increased due to factors such as sedentary lifestyles, unhealthy dietary habits, and obesity. This trend is expected to continue as socio-economic development leads to further lifestyle changes. According to the National Center for Biotechnological Information, the prevalence of dyslipidemia is currently at 66.7%, with high LDL-C, elevated triglyceride, elevated total cholesterol, and low HDL-C being prevalent in 49.5%, 40.2%, 30.8%, and 16.5% of cases, respectively. The dyslipidemia drugs market is expected to grow to meet the rising demand for effective treatments. Furthermore, Innovations in drug formulations and mechanisms of action present prospects for novel and enhanced medications. However, the availability of alternative therapies may hamper the market growth.
The Global Dyslipidemia Drugs Market is segmented on the basis of Drug Class, Application, and Region.
The market is divided into two categories based on Drug Class: Non-statins drugs and statins drugs. statins drugs dominate the market. Statins are frequently prescribed drugs for the treatment of dyslipidemia, particularly in the management of elevated levels of cholesterol. They are highly effective in reducing LDL (low-density lipoprotein) cholesterol, commonly known as bad cholesterol, and are therefore one of the most commonly prescribed medications for this condition.
The market is divided into three categories based on Application: Hospital pharmacy, Retail pharmacy, and Others. Hospital pharmacy dominates the market. The management and Application of dyslipidemia drugs are of utmost importance in hospital settings, as patients with cardiovascular conditions, including dyslipidemia, often receive their initial or ongoing treatment from hospital pharmacies.
This market is extensive over North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. These areas are further subdivided based on the countries bringing commerce. Because of biotechnological advancements and upgrades in healthcare facilities North America is likely to lead in the expansion of the Dyslipidemia Drugs market. The healthcare infrastructure in North America is highly developed and technologically advanced, facilitating the effective diagnosis, treatment, and control of a range of medical conditions, such as dyslipidemia. The U.S. Health Care from a Global Perspective showed that in 2021, the U.S. disbursed 17.8 % of GDP on medical care, nearly double as much as the median OECD nations. Also, there is a significant concentration of biotechnology and pharmaceutical firms in the area, which are currently involved in extensive research and development activities. Europe is the second largest Dyslipidemia Drugs market, due to growing investment in Research and development of Dyslipidemia Drugs.
Pharmaceutical marketing services (PMS) are essential for pharmaceutical companies as they establish connections between the company and physicians. They also serve as a bridge between physicians and patients, both locally and globally. The competitive landscape of dyslipidemia drugs includes prominent pharmaceutical companies, their primary products, market share, and strategies to address this medical condition. In this competitive market, strategies involve continuous research and development efforts to create more effective and safer medications, assertive marketing campaigns to influence physicians and patients, and strategic collaborations to strengthen market dominance.
on July 2023, Novartis said that the US FDA had authorized a label modification for Leqvio (inclisiran) to allow for earlier usage as an addition to diet and statin treatment in patients with high LDL-C who are at greater risk of heart disease.
The scope of this report covers the market by its major segments, which include as follows: