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Hypercholesterolemia Drugs Market Revenue, Opportunity, Segment and Key Trends 2018-2024
Posted: Nov 29, 2018
Our latest research report entitled Hypercholesterolemia Drugs Market (by drug class (statins and non-statins), type of disease (FH and non-FH), mechanism of action (bile acid sequestrants, HMG-coa reductase inhibitors, fibric acid derivatives, nicotinic acid and others)) provides complete and deep insights into the market dynamics and growth of Hypercholesterolemia Drugs. Latest information on market risks, industry chain structure Hypercholesterolemia Drugs cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Hypercholesterolemia Drugs growth factors.
The forecast Hypercholesterolemia Drugs Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Hypercholesterolemia Drugs on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to report the global hypercholesterolemia drugs market is projected to grow at a CAGR of 4.7% over the forecast period of 2018-2024.
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The presence of high level of cholesterol in the blood is known as Hypercholesterolemia or High cholesterol. Fatty deposits in the walls of the coronary arteries is formed due excess cholesterol present in the blood. As the cholesterol accumulates, it causes atherosclerotic plaques to form, which narrows and hardens the artery walls and reduces the supply of blood to the heart. This increases the risk of angina and heart attack. High-density lipoprotein (HDL) cholesterol, Low-density lipoprotein (LDL) cholesterol, Very low-density lipoprotein (VLDL) cholesterol are the types of Human blood cholesterol.
Growing responsiveness to heart diseases associated with aging population is the key factor driving the growth of the market. Additionally, availability of funding and activities to promote health awareness programs by healthcare centers, rise in incidence of cardiovascular diseases and increasing awareness among people for reducing the harmful cholesterol levels to control heart diseases such factors are likely to boost the growth in this market.
Statins is expected to be largest segment among the drug class in 2016. Statins helps to reduce blood cholesterol levels, bring down the danger of chest pain, heart attack, and stroke caused by a blocked blood vessel.
Among the geographies, North America is expected to be largest market for hypercholesterolemia drugs due to increasing incidences of heart diseases and related disorders in the region. While, Asia-Pacific is expected to grow fast during the forecast period, owing to the presence of a large pool of patient and growing government initiatives in countries like China and India is likely to augment the growth in this region.
Segment Covered
The report on global hypercholesterolemia drugs market covers segments such as, drug class, type of disease and mechanism of action. On the basis of drug class the global hypercholesterolemia drugs market is categorized into statins and non-statins. On the basis of type of disease the global hypercholesterolemia drugs market is categorized into FH and non-FH. On the basis of mechanism of action the global hypercholesterolemia drugs market is categorized into bile acid sequestrants, HMG-coa reductase inhibitors, fibric acid derivatives, nicotinic acid and others.
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