PUBLISHER: DataM Intelligence | PRODUCT CODE: 1512653
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1512653
Overview
The global dyslipidemia market reached US$ 146 million in 2023 and is expected to reach US$ 219 million by 2031, growing at a CAGR of 5.6% during the forecast period 2024-2031.
Dyslipidemia is an elevation of plasma cholesterol, triglycerides (TGs), or both, or a low high-density lipoprotein cholesterol (HDL-C) level that contributes to the development of atherosclerosis. Dyslipidemia may be primary (genetic) or secondary. Diagnosis is by measuring plasma levels of total cholesterol, TGs, and individual lipoproteins. Treatment involves dietary changes, exercise, and lipid-lowering drugs.
The primary factors driving the market are the increasing prevalence of cardiovascular diseases and dyslipidemia, advanced therapies for the treatment, and the rising geriatric population.
Market Dynamics: Drivers
Increasing Prevalence of Cardiovascular Diseases and Dyslipidemia
The demand for the global dyslipidemia market is driven by multiple factors. Dyslipidemia is one of the important contributors to cardiovascular disease and type 2 diabetes. Dyslipidemia, characterized by abnormal lipid levels in the blood, is a significant risk factor for cardiovascular diseases (CVDs) such as heart attacks and strokes. The rising burden of CVDs and the demand for dyslipidemia management and treatment are expected to drive this market growth.
In addition, the prevalence of dyslipidemia, which includes conditions like high cholesterol, high triglycerides, and low HDL cholesterol, is rising globally due to factors like obesity, sedentary lifestyles, and poor dietary habits that are driving this market growth.
According to the population medicine research publication in June 2023, the prevalence of dyslipidemia was 80.4%, 21.7% high total cholesterol (TC), 35.5% high triglycerides (TG), 20.2% high low-density lipoprotein cholesterol (LDL-C) and 68.9% low high-density lipoprotein cholesterol (HDL-C).
As per NCBI publication in July 2022, among the newly developed drugs is inclisiran, a small interfering RNA targeting hepatic PCSK9 synthesis led to increased LDL receptor recycling and potent LDL cholesterol reduction by 51% when used together with other lipid-lowering agents.
Restraints
Factors such as the high cost of R&D, stringent regulatory requirements, patent expiry of existing drugs, patient compliance issues, and lack of awareness, high cost of the newly launched drugs among individuals, are expected to hamper the market.
The global dyslipidemia market is segmented based on drug class, distribution channel, and region.
The statin drugs segment accounted for approximately 59.6% of the global dyslipidemia market share
The statin drugs segment is expected to hold the largest market share over the forecast period. Statins are currently the first line of drugs in the treatment of dyslipidemia in children and adolescents. It would reduce the risk of major vascular events by lowering low-density lipoprotein cholesterol (LDL-C).
Moreover, key players in the market more focus on the treatment of dyslipidemia, and product launches and approvals would drive this segment growth. For instance, in June 2024, Daewoong Bio launched a new product that combines hyperlipidemia drug rosuvastatin with the dietary supplement Omega-3. It offers improvements in lipids and instability and tolerability compared to rosuvastatin alone.
Also, in July 2023, Novartis announced that the US Food and Drug Administration (FDA) has approved a label update for Leqvio (inclisiran) to enable earlier use in patients with elevated LDL-C who have an increased risk of heart disease, as an adjunct to diet and statin therapy.
North America accounted for approximately 43.2% of the global dyslipidemia market share
North America region is expected to hold the largest market share over the forecast period. owing to the increasing prevalence of hypercholesteremia, increasing healthcare expenditure and the presence of a well-established healthcare infrastructure drive this market growth in this region.
Moreover, the rising prevalence of dyslipidemia in this region propels this market growth.
According to new data from the Strong Heart Study (SHS), in March 2024, the young American Indian population, more than 70% of young adults and more than 50% of adolescents had dyslipidemia, and some had subclinical or clinical cardiovascular disease (CVD).
Moreover, the major number of key player presence, government awareness programs, and drug launches would help this market growth. For instance, in April 2024, the Canadian Cardiovascular Society (CCS) launched a national lipid screening awareness campaign to encourage people at risk of ASCVD to get their cholesterol, triglycerides, and Lp(a) levels tested and seek support from their healthcare provider.
Also, in November 2023, at the American Heart Association (AHA) Scientific Sessions in Philadelphia, Arrowhead Pharmaceuticals launched plozarsiran and zodasiran hold the potential to treat dyslipidemia.
By Drug Class
The major global players in the dyslipidemia market include AstraZeneca, Merck & Co., Inc., Pfizer Inc., Sanofi, Abbott, Mylan N.V., Novartis Pharmaceuticals Corporation, Teva Pharmaceutical Industries Ltd, Lupin and Esperion Therapeutics, Inc among others.
The global dyslipidemia market report would provide approximately 54 tables, 49 figures, and 182 Pages.
Target Audience 2024
LIST NOT EXHAUSTIVE