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Dyslipidemia Market 2020-2026 to Witness Contraction, as Uncertainty Looms Following Global Coronavirus Outbreak

Dyslipidemia Market

A proficient data and brilliant forecasting techniques used in this Dyslipidemia Market report are synonymous with accurateness and correctness. The document is a meticulous analysis of existing scenario of the market, which covers several market dynamics. This market research report endows with the plentiful insights and business solutions that will support to stay ahead of the competition. The most precise way to forecast what future holds is to understand the trend today and hence Dyslipidemia Marketing report has been structured by chewing over numerous fragments of the present and upcoming market scenario.

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This Dyslipidemia Market report is the consequence of incessant efforts lead by clued-up forecasters, innovative analysts and bright researchers who indulge in detailed and attentive research on different markets, trends and emerging opportunities in the consecutive direction for the business needs. Company snapshot, geographical presence, product portfolio, and recent developments are taken into account for studying the company profiles that are part of this report. Quality and transparency has been strictly maintained while carrying out research studies to offer an exceptional market research report for a niche. A thoughtful knowledge of industrial unanimity, market trends and incredible techniques via this Dyslipidemia Market report gives an upper hand in the market.

Global dyslipidemia market is expected to rise gradually to an estimated value of USD 27.52 billion by 2026, registering a CAGR of 10.50% in the forecast period of 2019-2026 with the annual sales of USD 12.38 billion in the year of 2018. This rise in market value can be attributed to the increase in prevalence and awareness along with concerns regarding the health of patients.

Few of the major competitors currently working in the Dyslipidemia market are AstraZeneca (UK), Merck, Pfizer, Sanofi, Alnylam Pharmaceuticals, Amarin Corporation,  Amgen, Bristol-Myers Squibb, Catabasis Pharmaceuticals, Cerenis, Cipla Inc., CJ HealthCare, CKD Bio, Daewoong Pharmaceutical, Daiichi Sankyo, Eli Lilly, Esperion Therapeutics, GlaxoSmithKline, JW Pharmaceuticals, Kadmon Pharmaceuticals, Lupin Pharmaceuticals and few among others.

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Market Definition: Global Dyslipidemia Market

Dyslipidemia is a condition in which the levels of lipids (cholesterol, triglycerides, or both) or low high-density lipoprotein (HDL) cholesterol level elevated due to multiple reasons including lifestyle, genetics-disorders, drugs etc.

According to World Health Organization, there were approximately 17.9 million people in 2016, who died from cardiovascular diseases, almost more than half of these cases could have been avoided with the availability of proper medical treatment. This significant number is expected to act as a driver to the market growth.

Segmentation: Global Dyslipidemia Market

Dyslipidemia Market : Dyslipidemia Market : By Product type

  • Statin Drugs
  • Non-Statin Lipid–Lowering Drugs
  • Primary dyslipidemia
  • Secondary dyslipidemia

Dyslipidemia Market : By Distribution Channel

  • Hospitals Pharmacies
  • Drug Store
  • Online Pharmacies
  • Retail Pharmacies

Dyslipidemia Market : By End- User

  • Hospital and Clinics
  • Medical laboratories
  • Others

Dyslipidemia Market : By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Dyslipidemia Market Drivers

  • Increase in global geriatric population
  • Increase in prevalence of lifestyle diseases
  • Rise in acceptance of telemental health
  • Increase in availability of generic drugs

Dyslipidemia Market Restraints

  • Lack of R&D initiatives in this area.
  • patent expiry for some blockbuster drugs
  • Fewer Government initiatives taken in this direction.

Key Developments in the Dyslipidemia Market:

  • In the year 2018, Sanofi and Regeneron Pharmaceuticals, Inc. announced that Praluent (alirocumab) in phase 3 clinical trialdemonstrated the risk of major adverse cardiovascular events (MACE) in patients who had suffered a recent acute coronary syndrome (ACS) event such as a heart attack.
  • In the year 2018, Amgen Inc. announced the launch of Repatha (Evolocumab) in the US for the indication of heart attacks and stroke due to high cholesterol at a reduced price to gain more customers.
  • In the year 2015, WuXi PharmaTech announced its partnership with Eli Lilly to develop, manufacture, and commercializes in China a Lilly-discovered oral experimental drug for cardiovascular risk in patients with dyslipidemia.

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