Low-Density Lipoprotein Test Market Trends, Size, Industry

The Low Density Lipoprotein Test Global Market Report 2023, provides comprehensive information on the low density lipoprotein test market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Low Density Lipoprotein Test Global Market Report 2023, the global low-density lipoprotein test market size is expected to grow from $7.80 billion in 2022 to $8.13 billion in 2023 at a compound annual growth rate (CAGR) of 4.14%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The low-density lipoprotein test market size is expected to reach $9.47 billion in 2027 at a CAGR of 3.91%.

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Product innovations are a key trend gaining popularity in the low-density lipoprotein test markets. Major companies operating in the low-density lipoprotein test market are introducing innovative products to sustain their position in the market. For instance, in December 2021, Novartis AG, a Switzerland-based multinational pharmaceutical corporation, launched Leqvio (Inclisiran), a first-in-class siRNA (small interfering RNA therapy) to lower low-density lipoprotein cholesterol. This medication provides effective and sustained reductions in low-density lipoprotein cholesterol. Leqvio is the first and only small interfering RNA (siRNA) medication for lowering LDL-C (bad cholesterol) that has received FDA approval, requiring just two maintenance doses per year. For some patients with atherosclerotic cardiovascular disease (ASCVD) receiving maximally tolerated statin therapy, Leqvio offers an effective and long-lasting LDL-C decrease of up to 52% in comparison to placebo. Leqvio is a ground-breaking method to reduce LDL-C that also opens up new opportunities for how healthcare systems can affect cardiovascular disease.

The low density lipoprotein test market is segmented:

1) By Product Type: LDL-C, LDL-P, LDL-B, Other Products

2) By Component: Kits, Reagents, Devices, Other Components

3) By Disease Type: Diabetes, Stroke, Atherosclerosis, Obesity, Dyslipidaemia, Carotid Artery Disease, Peripheral Arterial Disease, Angina, Other Disease Types

4) By Distribution Channel: Direct Tenders, Retail

5) By End User: Hospitals, Clinics, Ambulatory Care, Research Laboratory, Other End Users

North America was the largest region in the low density lipoprotein test market in 2022.

The table of contents in TBRC’s low density lipoprotein test market report includes:

1. Executive Summary
2. Low-Density Lipoprotein Test Market Characteristics
3. Low-Density Lipoprotein Test Market Trends And Strategies
4. Low-Density Lipoprotein Test Market – Macro Economic Scenario
5. Low-Density Lipoprotein Test Market Size And Growth.

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26. Africa Low-Density Lipoprotein Test Market
27. Low-Density Lipoprotein Test Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Low-Density Lipoprotein Test Market
29. Low-Density Lipoprotein Test Market Future Outlook and Potential Analysis
30. Appendix

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