PUBLISHER: Value Market Research | PRODUCT CODE: 1547886
PUBLISHER: Value Market Research | PRODUCT CODE: 1547886
The global demand for Lipid Disorder Treatment Market is presumed to reach the market size of nearly USD 16.03 Billion by 2032 from USD 8.57 Billion in 2023 with a CAGR of 7.21% under the study period 2024-2032.
Lipid disorder is a metabolic condition that affects blood lipid levels. The condition causes high blood levels of low-density lipoprotein (LDL) cholesterol, and fats called triglycerides or both. High levels of LDL cholesterol and triglycerides increase the risk of developing heart disease. These levels can be reduced by some primary options such as eating less fat, exercising regularly and losing weight if one is obese. However, these options are not always effective. In such cases medication is prescribed to control the level, medications, such as statins, are effective in lowering cholesterol levels for many patients. Other medications, including bile acid sequestrants, fibric acid derivatives, cholesterol absorption inhibitors, and niacin can also help control lipid levels.
The rising global burden and growing geriatric population will be driving the growth of the market. The increasing prevalence of lipid disorders has become a global public health problem. In 2017, 4.32 million deaths were estimated owing to high low-density lipoprotein cholesterol globally. Globally geriatric population who are more prevelant to lipipd disorder is growing considerably faster than the population as a whole, and it is expected to continue growing more rapidly at least till 2050. Apart from ageing, gender, genetic susceptibility, chronic diseases, medications, certain lifestyles including excessive intake of foods high in saturated or trans fats, physical inactivity, obesity and smoking also contribute to blood lipid disorders. To bring awareness about prevention, management, and treatment of blood lipid disorders, the Government is promoting a healthy diet and physical activity participation, early detection and management of blood lipid disorders as well as update and review of drug lists and clinical protocols regularly to ensure impartial access to drugs and therapies of proven safety and efficacy. The overall scenario is predicted to make healthy growth of the market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Lipid Disorder Treatment. The growth and trends of Lipid Disorder Treatment industry provide a holistic approach to this study.
This section of the Lipid Disorder Treatment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Lipid Disorder Treatment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Lipid Disorder Treatment market include Pfizer Inc., Novartis AG, AstraZeneca, Merck & Co. Inc., Emcure Pharmaceuticals Ltd., Teva Pharmaceuticals Industries Ltd., Mylan N.V., Kowa Pharmaceuticals America Inc., Glenmark Pharmaceuticals Ltd., Sun Pharmaceuticals Industries Ltd., Wockhardt Limited. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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