Discover the Global Cholesterol-slashing Drugs Market Size & Share, Growth, Trends, and Forecast 2017 - 2025

"The Report Cholesterol-slashing Drugs Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

The main objective of this report is to define, describe, and forecast the global “Cholesterol-slashing Drugs ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Cholesterol is fat like substance that travels through bloodstream. Combination of cholesterol and protein is called lipoproteins. There are two types of lipoproteins. Low-density lipoproteins (LDL), also known as bad cholesterol, is carried from liver to the cells of body. High-density lipoproteins (HDL), also known as good cholesterol, is carried from cells back to liver where it is broken down. Low-density lipoproteins carry cholesterol to the different parts of the body that needs it. Large quantity of low-density lipoprotein in blood causes it to cling to the walls of blood vessels and eventually form clogs. Narrowed or blocked blood vessels prevent blood from reaching the heart, brain, and other organs of the body. This can lead to stroke, heart attack, or even heart failure. According to the Centers for Disease Control and Prevention, people having high cholesterol have twice the risk of heart disease compared to people with normal cholesterol level. Heart disease is a leading cause of death. According to the Centers for Disease Control and Prevention, heart disease accounts for about 610,000 deaths in the U.S. each year i.e., one in every four deaths.

Lifestyle changes such as healthier diet and exercise can prevent or treat high cholesterol level, while in some cases medications are needed for treatment. Current therapeutic options include statins (atorvastatin, lovastatin), resins (colestipol), cholesterol absorption inhibitors (ezetimibe), and lipid lowering therapies (gemfibrozil, clofibrate). Cholesterol-slashing drugs is new class of drug and was approved by the Food and Drug Administration in 2015. Cholesterol-slashing drugs are PCSK9 inhibitors (proprotein convertase subtilisin kexin type 9). Only two PCSK9 inhibitors are available in the cholesterol-slashing drugs market: Praluent (alirocumab) and Repatha (evolocumab). PCSK9 inhibitors act by targeting a PCSK9 protein in the liver. By reducing the amount of PCSK9 in the body, PCSK9 inhibitors allow it to remove cholesterol more efficiently. According to some studies, patients treated with cholesterol-slashing drugs were 27% less likely to have a heart attack as compared to patients taking statins alone and 21% less likely to have a stroke. This is anticipated to fuel the growth of the cholesterol-slashing drugs market during the forecast period. Moreover, high prevalence rate and increase in geriatric population boost the growth of the cholesterol-slashing drugs market. However, high cost of therapy and less availability of safety data restrain the cholesterol-slashing drugs market.

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In terms of region, the cholesterol-slashing drugs market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America leads the global market, followed by Europe, due to higher incidence and prevalence rates, rise in geriatric population, and increase in demand for advanced treatment options. Asia Pacific is an emerging market for cholesterol-slashing drugs due to developing health care infrastructure, increase in patient awareness, and rising government expenditure on health care. However, poor patient awareness, high cost of therapy, and lack of availability of different treatment options are factors that restrain the cholesterol-slashing drugs market in regions such as Middle East & Africa.

Major players operating in the cholesterol-slashing drugs market include Amgen, Inc., Regeneron Pharmaceuticals, Inc., The Medicines Company, Sanofi, Eli Lilly and Company, Alnylam Pharmaceuticals, and Esperion Therapeutics, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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