Press release
Leading Element Driving Change in the Fibrate Drugs Market in 2025: Rising Incidence Of Cardiac Diseases Fuels Growth In Fibrate Drug Market Driver
Fibrate Drugs Market Share
The surge in heart-related illnesses is anticipated to fuel the expansion of the fibrate pharmaceutical market. These maladies encompass a spectrum of conditions impacting the heart and blood vessels, including coronary heart disease and congenital heart disease, among others. Fibrates are employed in the treatment of these diseases, providing prevention against further cardiac episodes and strokes in patients with pre-existing circulatory system conditions, which contributes to the growth of the fibrate pharmaceutical market. To illustrate, data from the non-profit Singapore Heart Foundation (SHF) in May 2024 showed that ischemic heart diseases caused 5,302 deaths, a slight rise from 5,290 in 2022. In addition, deaths as a result of hypertensive diseases increased to 3.7% in 2022 from 3.4% in 2021. Consequently, the rise in heart disease prevalence is driving the fibrate drugs market's growth.
Get Your Fibrate Drugs Market Report Here:
https://www.thebusinessresearchcompany.com/report/fibrate-drugs-global-market-report
What growth opportunities are expected to drive the fibrate drugs market's CAGR through 2034?
The market for fibrate drugs has experienced a consistent growth over the past few years. The market size, estimated at $3.49 billion in 2024, is expected to increase to $3.62 billion in 2025, with a compound annual growth rate (CAGR) of 3.8%. The market's growth during the historical period can be credited to developments such as the advent of lipid management, emphasis on cholesterol management, clinical research and trials, reduction in cardiovascular risk, and combined treatments.
In the upcoming years, the market size for fibrate drugs is anticipated to witness significant growth, escalating to $4.81 billion in 2029, with a compound annual growth rate (CAGR) of 7.4%. This projected surge in the forecast period can be attributed to the evolution of treatment guidelines, a focus on residual risk, progression in precision medicine, and innovation in drug delivery. Among the key trends expected during the forecast period are alternative formulations, the integration of telemedicine, the use of fibrates in high-risk groups, targeting triglyceride levels, and an emphasis on increasing HDL.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=11932&type=smp
How are the latest trends influencing the growth of the fibrate drugs market?
Leading organizations in the fibrate drugs market are pursuing the development of novel solutions such as fixed-dose combinations to maintain their market standing. Fixed-dose combinations are a type of pharmaceutical concoction containing two or more active ingredients in a single dosage form, providing easier administration and possible enhanced therapeutic results. For instance, in May 2023, U.S. biopharmaceutical firm Intercept Pharmaceuticals Inc. was granted approval by the U.S. Food and Drug Administration (FDA) for orphan drug designation for the fixed-dose combination of obeticholic acid (OCA) and bezafibrate. This combination, a peroxisome proliferator-activated receptor (PPAR) agonist, is being tested as a potential treatment for individuals with primary biliary cholangitis (PBC). OCA, marketed as Ocaliva by Intercept in the United States for PBC treatment, is a farnesoid X receptor (FXR) agonist, while bezafibrate, a pan-PPAR agonist, does not currently have approval in the United States for any specific indication.
Which growth-oriented segments of the fibrate drugs market are leading the industry's development?
The fibrate drugs market covered in this report is segmented -
1) By Drug Type: Clofibrate, Fenofibrates, Fenofibric Acids, Gemfibrozil, Other Drugs
2) By Indication: Hypercholesterolemia, Heart Attacks, Other Indications
3) By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmacy
4) By End User: Hospitals, Homecare, Specialty Clinics, Other End Users
Subsegments:
1) By Clofibrate: Standard Clofibrate, Combination Products
2) By Fenofibrates: Fenofibrate Capsules, Fenofibrate Tablets, Combination Products
3) By Fenofibric Acids: Fenofibric Acid Capsules, Combination Products
4) By Gemfibrozil: Standard Gemfibrozil, Combination Products
5) By Other Drugs: Other Fibrate Formulations, Emerging Fibrate Drugs
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=11932
What regions are leading the charge in the fibrate drugs market?
North America was the largest region in the fibrate drugs market in 2024. The regions covered in the fibrate drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the fibrate drugs market?
Major companies operating in the fibrate drugs market include Pfizer Inc., F. Hoffmann-La Roche AG, Merck & Co Inc., AbbVie Inc., Bayer AG, Novartis AG, Sanofi SA, Kowa Company Ltd., Bristol-Myers Squibb Co, Abbott Laboratories, AstraZeneca plc, GlaxoSmithKline Plc, Takeda Pharmaceutical Company, Boehringer Ingelheim International GmbH, Teva Pharmaceutical Industries Ltd., Mylan N.V., Daiichi Sankyo Co Ltd., Macleods Pharmaceuticals Ltd., Sun Pharmaceutical Industries Ltd., Dr. Reddy's Laboratories Ltd., Aurobindo Pharma Limited, Cipla Inc., Zydus Lifesciences Ltd, Lupin Limited, Glenmark Pharmaceuticals, Torrent Pharmaceuticals Ltd., Natco Pharma, Hetero Drugs Ltd
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=11932&type=smp
What Is Covered In The Fibrate Drugs Global Market Report?
• Market Size Forecast: Examine the fibrate drugs market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the fibrate drugs market for a structured understanding.
• Key Players Overview: Analyze major players in the fibrate drugs market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the fibrate drugs market.
• Segment Contributions: Evaluate how different segments drive overall growth in the fibrate drugs market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the fibrate drugs market.
• Industry Challenges: Identify potential risks and obstacles affecting the fibrate drugs market.
• Competitive Landscape: Review strategic developments in the fibrate drugs market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Leading Element Driving Change in the Fibrate Drugs Market in 2025: Rising Incidence Of Cardiac Diseases Fuels Growth In Fibrate Drug Market Driver here
News-ID: 3896726 • Views: …
More Releases from The Business Research Company
Strategic Forecast for the Commercial Real Estate Industry: Market Outlook 2025- …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Commercial Real Estate Market Size Growth Forecast: What to Expect by 2025?
The size of the commercial real estate market has significantly expanded over the past few years. The market, which is expected to increase from $5,935.22 billion in 2024 to $6,281.58 billion in 2025, will experience a compound…
The Rise Of Coffee Consumption Is Fueling The Growth Of The Market Due To Its In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Coffee Shops Market Size Growth Forecast: What to Expect by 2025?
The size of the coffee shop market has seen robust growth in the past few years. The market, which is projected to be at $83.27 billion in 2024, is expected to reach $89.17 billion by 2025 with a…
Driving Chimney Waterproofing Services Market Growth in 2025: The Role of Rising …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Chimney Waterproofing Services Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a substantial growth in the market size for chimney waterproofing services. The market is projected to expand from $1.53 billion in 2024 to $1.67 billion in 2025, demonstrating a compound annual…
Emerging Trends to Drive Ceramic Coated Separators Market Growth at 20.9% CAGR T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Ceramic Coated Separators Market Size Growth Forecast: What to Expect by 2025?
The market size of ceramic coated separators has seen a remarkable increase in recent times, and it is set to expand from the value of $1.47 billion in 2024 to reach the value of $1.78 billion in…
More Releases for Drug
Injectable Drug Delivery Market Injectable Drug Delivery Market
Leading market research firm SkyQuest Technology Group recently released a study titled ' Injectable Drug Delivery Market Global Size, Share, Growth, Industry Trends, Opportunity and Forecast 2024-2031,' This study Injectable Drug Delivery report offers a thorough analysis of the market, as well as competitor and geographical analysis and a focus on the most recent technological developments. The research study on the Injectable Drug Delivery Market extensively demonstrates existing and upcoming…
Global Advanced Drug Delivery Systems Market Size - By Product Type(Oral Drug De …
Market Overview and Report Coverage
Advanced Drug Delivery Systems (ADDS) refer to innovative technologies designed to improve the administration and efficacy of therapeutics, enhancing the way medications are delivered to targeted areas within the body. These systems aim to optimize treatment outcomes by increasing the bioavailability, reducing side effects, and facilitating controlled drug release. Employing methods such as nanoparticles, liposomes, and implantable pumps, ADDS are revolutionizing personalized medicine and expanding therapeutic…
Global Cancer Antibody Drug Conjugate Market Size, Drug Sales, Drug Dosage, Pric …
Global Cancer Antibody Drug Conjugate Market Size, Drug Sales, Drug Dosage, Price, and Clinical Trials Outlook 2029 Report Highlights:
* Global Antibody Drug Conjugates Market Opportunity: > 40 Billion By 2029
* Global and Regional Antibody Drug Conjugate Market Insight
* Approved Drugs Sales Insight Global and Regional, Yearly and Quarterly, 2019 -2023
* Approved Antibody Drug Conjugates - Availability, Dosage and Price Insight
* Insight On Antibody Drug Conjugates In Clinical Trials: > 550…
Alcohol Testing And Drug Testing Equipment Market 2025 Segmentation, Application …
Market Study Report, LLC, has compiled an exhaustive research study of the ‘Alcohol Testing And Drug Testing Equipment market’, detailing every single market driver and intricately analyzing the business vertical. This ‘Alcohol Testing And Drug Testing Equipment market’ study will aid in seeking out new business opportunities and fine-tuning existing marketing strategies through insights regarding SWOT analysis, market valuation, competitive spectrum, regional share, and revenue predictions.
Alcohol abuse and drug…
How much Diabetes Drug Market Impact Worldwide Medical Drug Industry?
Diabetes Drug Market From an insight perspective, the market report focuses on various levels of analyses — industry analysis, market rank analysis, and company profiles, which together comprise and discuss basic views on the competitive landscape, high-growth regions, and countries as well as their respective regulatory policies, Types ,Applications and opportunities in the market.
Diabetes is a metabolic disorder in which the body glucose level is elevated. There are two types of diabetes…
Hepatitis Drug Market Hepatitis Drug Clinical Pipeline Report 2023
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990
Report Table of Contents
1. Introduction to Hepatitis Disease
1.1 Prologue
1.1.1 History of Hepatitis
1.1.2 Causes of Hepatitis Disease
1.2 Types of Viruses which are Responsible for Hepatitis Disease
2. Global Prevalence of Hepatitis Infection
3. Available Drug Classes for Hepatitis Disease Treatment
3.1 Interferon Alfa Therapy
3.2 Protease Inhibitors Therapy
3.3 Polymerase…
