Dyslipidemia Drugs Market analysis by production revenue consumption by 2022
Global Dyslipidemia Drugs Market is expected to grow at a
significant CAGR in the upcoming years as the scope and its applications are
increasing across the globe. Dyslipidemia is a chronic metabolic syndrome that
refers to an abnormal level of blood lipids wherein there may be either lipoprotein
overproduction or deficiency.
Dyslipidemia can affect any lipid parameter such as HDL
cholesterol levels, LDL cholesterol levels, triglycerides, or a combination of
these lipids. There are numerous causes of Dyslipidemia such as mutated genes,
diabetes, poor or high fat, liver diseases, alcohol abuse, cigarette smoking,
etc. There are various types of drugs available in the market to treat
Dyslipidemia namely Bile Acid Resins, Niacins, Statins, etc. The treatment of
Dyslipidemia also include exercise, reduced saturated fats in the diet, etc.
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The key factors that propel the growth of the Dyslipidemia Drugs
Market include increasing demand, growing awareness among people, changing
lifestyle, and rising research & development undertakings. In addition,
some of the other factors such as obesity, high prevalence of abnormalities
associated with, triglyceride & cholesterol, intake of unhealthy food, and
lack of physical activities also fuel the market growth.
On the other hand, there are also factors that may hamper the
growth of the market such as patent expiry. Dyslipidemia Drugs Market is
classified on the basis of product type, applications, distribution channel and
geography. Dyslipidemia Drugs Market is segmented by product type as
Combination Drugs, Bile Acid Resins, Fibric Acid and Omega-3 Fatty Acid Derivatives,
Niacins, Statins, and others.
Dyslipidemia Drugs Industry is classified on applications as
hospital pharmacies, retail pharmacies, online pharmacies and others.
Dyslipidemia Drugs Market is classified on the basis of geography as North
America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and
Middle East and Africa.
The North American region consists of the U.S., and Canada. Latin
America region consists of Mexico and Brazil. The Western European region
consists of Germany, Italy, France, England and Spain. The Eastern European
region consists of Poland and Russia. Asia Pacific region consists of China,
India, ASEAN, and Australia & New Zealand. The Middle East and African
region consists of GCC, South Africa and North Africa.
Some of the key players that fuel the growth of the Dyslipidemia
Drugs Market include AstraZeneca, Abbott Laboratories, Amgen, Bristol-Myers
Squibb Company, Bayer, Merck, Mylan, Novartis, Pfizer, Shionogi, Takeda
Pharmaceutical, Teva Pharmaceutical, and others. The key players are focusing
on inorganic growth to sustain themselves amidst fierce competition. As such,
mergers, acquisitions, and joint ventures are the need of the hour.
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