New Report: Hyperlipidemia Drug Market 2019 Size, Growth Analysis Report, Forecast to 2025
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Further, according to the American Heart Association (AHA), historical data shows 79.8% of adults who were at least 40 years old use of statins for lowering cholesterol from 2002 to 2013 studies. Such an extensive rise in the number of statinusers is driving the growth of the hyperlipidemia drug market. However, increasing side effects associated withstatin drugs is expected to hinder the growth of the statin drug market. Statins drugs have side effects and some patients are unable to bear it. For instance, atorvastatin and rosuvastatin are high-intensity statins which cause rare side effects like new-onset diabetes and muscle symptoms.
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Hence, the demand for non-statin drugs is expected to contribute to hyperlipidemia drug market growth in the near future. In 2020, the FDA has approved two non-statin drugs after a long period of the last 2 decades. For instance, in February 2020, The FDA approved the first non-statin oral medication for high cholesterol commercialized in the US and around the world. The drug, bempedoic acid, is the first in a new class of drugs to treat low-density-lipoprotein cholesterol.
Further, in February 2020, Esperion Therapeutics Inc received FDA approval for its Nexletol, a new type of cholesterol-lowering drug. This drug will help people manage their high cholesterol and reduce the risk of heart diseases. Further, other non-statin drugs for lowering cholesterol include PCSK9-targeting drugs such as Amgen’s Repatha (evolocumab), Sanofi’s Praluent (alirocumab) and inclisiran, developed by Alnylam Pharmaceuticals and The Medicines Company and currently under FDA review.
Global Hyperlipidemia Drug Market Segmentation
By Drug Class
• HMG-CoA Reductase Inhibitors (Statins)
• PCSK9 Inhibitors
• Cholesterol Absorption Inhibitors
• Fabric Acid Derivatives (Fibrates)
• Niacin (Nicotinic Acid)
• Bile Acid Sequestrants (BAS)
• Combination Therapy and Compliance
Global Hyperlipidemia Drug Market Segmentation by region
• United States
• Rest of Europe
• Rest of the Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
• Abbott Laboratories
• Amgen, Inc.
• AstraZeneca PLC
• Bristol-Myers Squibb Co.
• Daiichi Sankyo Co., Ltd.
• Dr.Reddy's Laboratories, Ltd.
• GlaxoSmithKline PLC
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