How much is the hypolipidemics market worth, and how is it expected to expand?
The hypolipidemics market size has grown steadily in recent years. It will grow from $29.95 billion in 2024 to $31.26 billion in 2025 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to increasing prevalence of hyperlipidemia, lifestyle changes, aging population, awareness and screening, statin dominance.
The hypolipidemics market size is expected to see steady growth in the next few years. It will grow to $35.53 billion in 2029 at a compound annual growth rate (CAGR) of 3.3%. The growth in the forecast period can be attributed to personalized medicine, expanding patient pool, emerging markets, government initiatives, combination therapies. Major trends in the forecast period include shift from ldl to non-hdl cholesterol management, digital health and telemedicine, market consolidation and competition, patient-centric approaches.
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Which industry factors have accelerated the hypolipidemics market’s expansion?
Shifts in diet and changes in lifestyles of people are driving the growth of the hypolipidemic drugs market. An increase in the consumption of unhealthy food, and the rising prevalence of smoking and drinking have led to an increase in the level of cholesterol intake in people. For instance, in July 2023, according to Office for National Statistics, a UK-based government department, According to responses from a new measure collected between May and June 2023, over 86% of adults in Great Britain reported making at least some changes to their lifestyle to address environmental concerns. The rising levels of cholesterol due to changes in lifestyles of the people is rising demand for hypolipidemic drugs as they aid in lowering the cholesterol levels.
What are the primary segments of the hypolipidemics market?
The hypolipidemics market covered in this report is segmented –
1) By Product Type: Cholic Acid Regulator, HMG-CoA Reductase Inhibitors, Adenylate Cyclase Inhibitors, Nicotinic Acid Drugs, Other Types
2) By Drug Type: Statins, Bile Acid Sequestrants, Cholesterol Absorption Inhibitors, PCSK9 Inhibitors, Other Drug Types
3) By Application: Hospital, Clinics, Pharmacy, Cardiovasology
Subsegments:
1) By Cholic Acid Regulator: Bile Acid Sequestrants, Fibrates
2) By HMG-CoA Reductase Inhibitors: Atorvastatin, Rosuvastatin, Simvastatin, Lovastatin, Pravastatin, Fluvastatin
3) By Adenylate Cyclase Inhibitors: Cilostazol, Milrinone
4) By Nicotinic Acid Drugs: Niacin (Vitamin B3), Extended-release Niacin
5) By Other Types: Omega-3 Fatty Acid Derivatives, PCSK9 Inhibitors, Ezetimibe, Bempedoic Acid
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Which firms are leading the hypolipidemics market?
Major companies operating in the hypolipidemics market include Abbott Laboratories Limited, Apotex Fermentation Inc., Biocon Limited, Cadila Healthcare Limited, Chunghwa Chem Syn& Biotech Co. Ltd., Concord Biotech Limited, Croda Europe Limited, Daiichi Sankyo Company Limited, Dr. Reddy’s Laboratories Ltd., DSM Sinochem Pharma India Pvt. Ltd., Hikal Chemicals Industries Limited, Ipca Laboratories Ltd., Lek Pharmaceuticals D.d, Lupin Limited, Merck Sharp & Dohme B.V, Mylan N.V, Nexchem Pharmaceutical Co. Ltd., Olon S.p.A, Sun Pharmaceutical Industries Limited, Teva Pharmaceutical Industries Ltd., Zhejiang Jiangbei Pharma Co. Ltd., Moehs Iberica S.L. ES, Pfizer Inc., Recordati S.p.A., AstraZeneca Plc, Amgen Plc, Daiichi Sankyo Company Limited, Kowa Company Ltd., Sanofi-Aventis, Novartis AG, Viatris Inc., Pfizer Inc., GlaxoSmithKline plc, Cipla Limited, Torrent Pharmaceuticals Ltd., Zydus Lifesciences Limited, Wockhardt Limited, Alembic Pharmaceuticals Limited, Jubilant Life Sciences Limited, Hetero Drugs Limited, Ind-Swift Laboratories Ltd., Intas Pharmaceuticals Ltd., Unichem Laboratories Ltd.
What are the top industry trends projected to impact the hypolipidemics market?
Companies in this market are increasingly investing in using data generated from wearables in clinical trials to improve the speed, and efficiency of trials, and therefore reduce overall costs. By continuously capturing data from patients via wearable technologies, clinical trial sponsors may be able to reduce the burden of frequent site visits, which could improve patient dropout rates and overall clinical trial efficiencies. The use of wearables helps to tackle the challenge of patient recruitment, helps in monitoring patients, gives accurate and real-time data, and gives earlier decision-making opportunities, while the patient is undergoing a clinical trial. Pharmaceutical companies such as Sanofi and Pfizer have already invested in wearable technology to treat hypolipidemia.
Which geographic trends are shaping the hypolipidemics market, and which region has the highest market share?
North America was the largest region in the hypolipidemic drugs market in 2023. The Middle East is expected to be the fastest-growing region in the hypolipidemic drugs market during the forecast period. The regions covered in the hypolipidemics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Hypolipidemics Market Report 2025 Offer?
The hypolipidemics market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Hypolipidemic drugs refer to any substance that lowers the blood’s concentration of lipids and lipoproteins (lipid-protein complexes). Lipoproteins can build up in blood arteries and bind cholesterol. Its alternate name is lipid-lowering medication.
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