PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1381671
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1381671
Hyperlipidemia drugs, also known as lipid-lowering drugs or lipid-lowering agents, are medications used to manage and treat high levels of lipids (fats) in the blood, particularly cholesterol and triglycerides. Hyperlipidemia is a condition characterized by elevated levels of lipids, which can lead to an increased risk of cardiovascular diseases such as heart attacks and strokes. The Hyperlipidemia Drugs market is expanding because of factors such as the rising prevalence of cardiovascular diseases and the rise in the prevalence of hyperlipidemia across the globe.
The rising prevalence of hyperlipidemia, primarily attributed to unhealthy lifestyles, sedentary habits, and poor dietary choices, has driven the demand for lipid-lowering medications. The World Health Organisation (WHO) estimates that hypercholesterolemia causes more than 2.6 million deaths annually. Additionally, Hyperlipidemia, also known as high cholesterol, is a significant risk factor for cardiovascular diseases such as heart disease and stroke. The rising prevalence of cardiovascular disease worldwide has been a driving factor in the growth of Hyperlipidemia Drugs. The American College of Cardiology reports that by 2030, there would be around 29 million Americans with a diagnosis of cardiovascular disease, up from 6.95 million in the year 2021. In 2020, 244.1 million people worldwide were living with ischemic heart disease. Thus, the rising prevalence of cardiovascular diseases is driving the market growth. In addition, increasing clinical trials on drug development and rising healthcare expenditure are creating new opportunities for market growth. However, the availability of different treatments, adverse effects, and safety concerns stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Hyperlipidemia Drugs Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of key market players, rising prevalence of cardiovascular disease, advancement in drug development, rising number of clinical trials activities and healthcare expenditure in the region. Whereas, Asia Pacific is projected to grow a significant rate owing to factors such as the rising prevalence of heart diseases, rising healthcare expenditure, rising healthcare expenditure, active participation of government in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable