Press release
Dyslipidemia Therapeutics Market: Collaborative and Integrated Efforts towards Drug Development to be a Key Growth Influencer || Key Players: Merck & Co., Pfizer, Novelion Therapeutics, Mylan, Abbott Laboratories, and Novartis AG.
The dyslipidemia therapeutics market report provides an accurate forecast of the dyslipidemia therapeutics market which is meant to aid stakeholders and business professionals in streamlining their strategies to obtain maximum profitability.
Dyslipidemia is a condition caused due to the presence of an abnormal amount of lipids such as triglycerides, fat phospholipids, and cholesterol in the blood. The presence of these lipids increases the chances of stroke, heart attacks, atherosclerosis, and other circulatory problems. Therapies and drugs used in the treatment of dyslipidemia are termed as dyslipidemia therapeutics which includes drugs such as statins, non-statins, fibrates, inhibitors, and bile acid resins.
According to a recently released Fact.MR study, revenues from dyslipidemia therapeutics market surpassed US$ 36 billion in 2018. Low-density lipoproteins held approximately two-thirds of revenues from dyslipidemia therapeutics worldwide in 2018. As high LDL levels have been associated with increased risks of heart attacks, strokes, and other cardiovascular problems in humans, governments around the world are launching various campaigns to raise awareness about the adverse impact of high LDL levels in the blood.
The robust and elaborate research methodology employed during the compilation of the report has been explained under the section. A two-phase research process involving primary and secondary researches was used to uncover all the insights and figures presented in the report. While the primary research phase involved rigorous interviews with industry savants, secondary research was conducted by thoroughly studying company press releases, trade journals, paid sources, and other industry-related publications. Results from both the steps of the research were triangulated to create an accurate and authentic forecast of the dyslipidemia therapeutics market.
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Shifting consumer preference towards using nutraceuticals to combat health concerns has triggered multiple researches on effectiveness of nutraceuticals in reducing lipid levels in patients. Statin intolerance is a common occurrence in patients, and nutraceuticals provide a natural alternative to keep lipids in check. Consumption of statins has been linked with certain side effects that has significantly raised concerns regarding statins among healthcare professionals and patients alike. New-onset diabetes, muscle pain, and increased incidences of hemorrhagic stroke have been reported among patients consuming statins.
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Dyslipidemia Therapeutics Market – Segmentation
The dyslipidemia therapeutics market report offers a detailed analysis of the dyslipidemia market on the basis of different segments. A comprehensive analysis of each of the dyslipidemia therapeutics market segments on the basis of value, Y-o-Y growth, revenue share, and CAGR has been provided in the report.
The dyslipidemia therapeutics market has been segmented on the basis of drug class, distribution channel, type, and region.
The growing prevalence of cardiovascular disorders worldwide has prompted individuals to effectively manage their LDL levels. To capitalize on the current trends prevalent in the dyslipidemia therapeutics market, pharmaceutical companies continue to strive towards developing new and improved therapies to lower LDL levels, and effectively manage the percentage of other lipids in the blood. A range of new treatments such as combination therapies, gene editing, and novel target drugs are under development, particularly for dyslipidemia therapeutics.
The report on the dyslipidemia therapeutics market also provides a detailed analysis of the key players operating in the dyslipidemia therapeutics market. The dyslipidemia therapeutics market report provides a comprehensive profile of leading players functioning in the dyslipidemia therapeutics market which include Merck & Co., Pfizer, Novelion Therapeutics, Mylan, Abbott Laboratories, and Novartis AG.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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