October 16, 2019 by Amanpreet
Fact.MR has actively published a new research report titled “Dyslipidemia Therapeutics Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028”, added to its extensive online portal. The purpose of this assessment is to enlighten the readers about the exact scenario prevailing across the dyslipidemia therapeutics market. This study states that combination therapies for dyslipidemia have received significance in the recent past, believed as an efficient solution for offsetting concerns associated to varied usefulness of statins in regard to affected patients.
Based on research specifics, the revenues from dyslipidemia therapeutics market exceeded US$ 36 billion in 2018. It was noticed that low-density lipoproteins (LDL) held around two-thirds of revenues from dyslipidemia therapeutics globally in 2018. Since high LDL levels are linked to increased risks of strokes, heart attacks and other cardiovascular problems, different governments worldwide are introducing various campaigns for raising awareness regarding the adverse influence of high LDL levels in human blood.
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Statins Continue to Act as the Preferred Drug Class under Dyslipidemia Therapeutics
According to research findings, the sales of statins for dyslipidemia therapeutics is expected to surpass $20,000 million in 2019. Therefore, statins persist to remain the leading line of drugs recommended by doctors for the treatment of dyslipidemia. It is observed that statin drugs are considered useful in reducing LDL levels, due to their effectiveness in dropping LDL level approximately by 60%.
Furthermore, the usefulness of statin drugs has been highlighted through clinical trials which represented reduction of risk for cardiovascular diseases. In addition, its ability to support blood vessel relaxation also underwrites the lowering blood pressure in affected patients. This intelligent Fact.MR study later drops light on the growing prevalence of chemoprophylaxis, triggered by consumption of statins is further projected to encourage demand for dyslipidemia therapeutics in the near future.
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North America Maintains its Status of Being a Lucrative Marketplace
The North American population follows a lifestyle that includes high consumption of fast food, followed by stressful living. Hence, these aspects are seen as the key reasons that are motivating the growing occurrences heart diseases across the region. As per data revealed by the Centers for Disease Control and Prevention (CDC), cardiovascular diseases were spotted to be the foremost cause of deaths across the United States of America during the year 2017. Thus, the sales of dyslipidemia therapeutic drugs are expected to remain high during the forecast period. The researched statistics highpoint that dyslipidemia therapeutics market would experience a growth of 2.9% in 2019. After North America, China is set to emerge as a promising marketplace which would deliver beneficial opportunities for the dyslipidemia therapeutics market, since increasing incidences of cardiovascular diseases have been reported in the country.
Presently, the global dyslipidemia therapeutics market remains united, with major players accounting close to 60% shares. The report highlights that co-promotion of dyslipidemia therapeutic drugs merged with local or regional players, new product launches, aggressive marketing and high investments in R&D of novel drugs are seen as the primary drivers targeted by leading dyslipidemia therapeutics market performers. For the meantime, local players continue to emphasize on intensifying their manufacturing capacity in order to fulfill the growing demand for dyslipidemia drugs at the regional levels.
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This assessment delivers a clear insight about the various market players together with comprehensive profiling. Some of the topmost companies operating in the dyslipidemia therapeutics market include Merck & Co., Novelion Therapeutics, Pfizer, Abbott Laboratories, Mylan and Novartis AG.
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