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Increasing Cardiovascular Disease Drive Market Growth: A Key Factor Shaping the Future of the Praluent Market in 2025
What market dynamics are playing a key role in accelerating the growth of the praluent market?The Praluent market is also poised for growth due to the increasing prevalence of cardiovascular diseases. Factors such as unhealthy diets, physical inactivity, and rising tobacco and alcohol use have contributed to the global rise in cardiovascular conditions like coronary artery disease, heart attacks, and strokes. Praluent, a PCSK9 inhibitor, helps lower LDL cholesterol, reducing the risk of cardiovascular events. The Office for National Statistics reported that around 6.4% of people in the UK had cardiovascular conditions in 2021, and this rise in prevalence is driving the growth of the Praluent market.
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How will the growth rate of the praluent market shape industry trends by 2034?
The praluent market size has observed XX (HCAGR) in recent years. It is projected to expand from $XX million in 2024 to $XX million in 2025, at a compound annual growth rate (CAGR) of XX%. The historical growth is attributed to the aging population, growing investment in cholesterol management drugs, enhanced awareness of healthcare, a higher need for advanced hypercholesterolemia treatments, and the rising global prevalence of hypercholesterolemia and cardiovascular diseases.
The Praluent market size is expected to see XX (FCAGR) in the next few years. It will grow to $XX million in 2029 at a compound annual growth rate (CAGR) of XX%. The growth in the forecast period can be attributed to the increasing prevalence of cardiovascular diseases, growing awareness of hyperlipidemia management, rising demand for effective cholesterol-lowering treatments, expanding use of PCSK9 inhibitors, increasing adoption of personalized medicine, and rising healthcare investments. Major trends in the forecast period include the development of higher-dose formulations, advancements in drug delivery devices, integration with digital health technologies for remote monitoring, advancements in biotechnology, and the adoption of personalized medicine.
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What are the most significant trends transforming the praluent market today?
One key trend in the praluent market is geared towards the creation of pioneering solutions, like therapies that lower low-density lipoprotein cholesterol (LDL-C), to improve and escalate the accuracy and effectiveness of patient healthcare. LDL-C lowering therapies are medical interventions aimed at decreasing the amount of LDL cholesterol, typically referred to as 'bad cholesterol,' in the bloodstream, thereby diminishing the probability of heart-related conditions such as heart attacks and strokes. As an illustration, in March 2024, Regeneron Pharmaceuticals Inc., an American biotechnology firm, was granted approval by the U.S. Food and Drug Administration (FDA) to broaden the use of its praluent (alirocumab) injection to treat children with genetically high cholesterol. This authorization has expanded to incorporate its application along with diet and other LDL-C-reducing therapies for pediatric patients aged 8 years and above who suffer from heterozygous familial hypercholesterolemia (HeFH). This method specifically caters to the requirements of children and decreases cardiovascular threats in young patients.
Which primary segments of the praluent market are driving growth and industry transformations?
The praluent market covered in this report is segmented -
1) By Indication: Primary Hypercholesterolemia; Mixed Dyslipidemia; Established Atherosclerotic Cardiovascular Disease (ASCVD)
2) By Distribution Channel: Hospitals And Clinics; Retail Pharmacies; Specialty Pharmacies
3) By End-User: Ambulatory Care; Home Care
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Which geographical regions are pioneering growth in the praluent market?
North America was the largest region in the praluent market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the praluent market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the praluent market landscape?
Major companies operating in the praluent market are Sanofi S.A.; Regeneron Pharmaceuticals Inc.
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What Is Covered In The Praluent Global Market Report?
•Market Size Forecast: Examine the praluent market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the praluent market for a structured understanding.
•Key Players Overview: Analyze major players in the praluent market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the praluent market.
•Segment Contributions: Evaluate how different segments drive overall growth in the praluent market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the praluent market.
•Industry Challenges: Identify potential risks and obstacles affecting the praluent market.
•Competitive Landscape: Review strategic developments in the praluent market, including expansions, agreements, and new product launches.
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