Cholesterol-lowering Drug Market Insights 2021: Top Impacting Factors, Growth Analysis and Industry Predictions
The projections in this report are made by analyzing the current trends and future market potential from 2020 to 2030 in terms of value.
PORTLAND, OR, UNITED STATES, November 8, 2021 /EINPresswire.com/ -- According to the report by Allied Market Research, titled, “Cholesterol-lowering Drug Market Analysis Report by Drug Class (Statins, Bile Acid Sequestrants, Cholesterol Absorption Inhibitors, Fibric Acid Derivatives, PCSK9 Inhibitors, Combination, and Others) and Disease Type (Hypercholesterolemia, Cardiovascular Diseases, and Hyperlipidemia): Global Opportunity Analysis and Industry Forecast, 2021–2030” The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
Cholesterol is an organic molecule that belongs to the group of steroids and is a type of lipid. It is biosynthesized by all animal cells, and is an essential structural component of animal cell membranes. The significance of cholesterol is the biosynthesis of steroid hormones such as estrogen and testosterone, as well as bile acid and vitamin D. About 80% of cholesterol production occurs in liver and intestines, and the rest comes from dietary sources such as meat, poultry, eggs, fish, and dairy products. Although cholesterol is fundamentally required by the body, more than 240 mg/dl is considered as high cholesterol. A total cholesterol of 200 mg/dl or lower is acceptable, and 200–240 mg/dl is considered borderline high. This elevated level of cholesterol in the blood is termed as hypercholesterolemia. High cholesterol may be a consequence of unhealthy diet, obesity, genetic diseases, or other diseases such as type 2 diabetes and an underactive thyroid.
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Covid-19 Scenario:
1) The Covid-19 pandemic and followed by lockdown has affected several manufacturing industries.
2) The prolonged lockdown resulted in a disrupted supply chain and increased the prices of raw materials.
3) However, as the world has been recovering from the pandemic, the market is estimated to get back on track.
Emergence of more effective therapies such as PCSK9 inhibitors, bempedoic acid, and the upcoming drug by The Medicines Company, inclisiran is anticipated to expand the range of clinical indications. Inclisiran is an upcoming drug, which may enter the market by 2020, and is expected to become the third potent drug after the two PCSK9 inhibitors, Repatha (Amgen) and Praluent (Sanofi/Regeneron). Former CEO of the Medicines Company, Dr. Clive Meanwell indicated that the company is likely to keep cost lower than that of PCSK9 inhibitors to bring the medicine to the masses. Furthermore, inclisiran has significant advantage over the two, for its requirement of only 2 dose per year. For comparison, PCSK9 needs to be dosed every two weeks.
This report segments the cholesterol-lowering drug market based on drug class, disease type, and region.
Depending on drug class, the market can be classified as statins, bile acid sequestrants, cholesterol absorption inhibitors, fibric acid derivatives, PCSK9 inhibitors, combination, and others. By disease type, it categorized into hypercholesterolemia, cardiovascular diseases, and hyperlipidemia. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The Major Key Players Are:
AstraZeneca, Merck & Co., Pfizer Inc., Kowa Company, Daiichi Sankyo Company, Limited, AbbVie Inc., Novartis AG, Sanofi S.A., Amgen Inc., and Bristol-Myers Squibb (BMS).
Key Benefits For Stakeholders:
• The study provides an in-depth analysis of the Cholesterol-lowering Drug Market along with the current trends and future estimations to elucidate the imminent investment pockets.
• It offers Cholesterol-lowering Drug Market analysis from 2020 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
• A comprehensive analysis of four regions is provided to determine the prevailing opportunities.
• The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global Cholesterol-lowering Drug Market growth.
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Table of Content
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities…
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FREQUENTLY ASKED QUESTIONS?
Q1. What is the market value of Cholesterol-lowering Drug Market report in forecast period?
Q2. What would be forecast period in the market report?
Q3. What is the market value of Cholesterol-lowering Drug Market in 2020?
Q4. Which is base year calculated in the Cholesterol-lowering Drug Market report?
Q5. Does the Cholesterol-lowering Drug Market company is profiled in the report?
Q6. Which are the top companies hold the market share in Cholesterol-lowering Drug Market?
Q7. Does the Cholesterol-lowering Drug Market report provides Value Chain Analysis?
Q8. What are the key trends in the Cholesterol-lowering Drug Market report?
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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