The latest report by MarkNtel Advisors, titled “Hypercholesterolemia Market Report By Solution (Communication, Sensing, Data Management, Cloud and Edge Computing), By Industry Stream (Upstream, Downstream, Midstream), By Application (Preventive Maintenance, Pipeline & Equipment Monitoring, Fleet and Asset Management, Security Management, Asset Management, Others (Data Management and Hazardous Management)), other and Region 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the Hypercholesterolemia Market research report.
What is the market outlook for Hypercholesterolemia?
The Hypercholesterolemia Market size is estimated to grow at a CAGR of around 3.2% during the forecast period 2023–28.
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Major Companies Operating in the Hypercholesterolemia Industry:
AbbVie Inc., Aegerion Pharmaceuticals, Amgen Inc., Astrazenca, Eli lily and Company, Espersion Therapeutics, Merck KGaA, Novartis AG, Pfizer, Regeneron Pharmaceuticals, Sanofi, Teva Pharmaceutical
Hypercholesterolemia Market Report Segmentation:
By Disease Type
-Genetic
-Acquired
- Between the two, the Genetic segment acquired the largest market share in the historical period with Familial Hypercholesterolemia (FH) as a common genetic disorder, remained prominent.
By Treatment Type
-Stains
-Bile Acid Binding Resins
-Niacin
-PCSK9 Inhibitors
-Cholesterol Absorption Inhibitors
-Fibric Acid Derivatives
-Others
By Distribution Channel
-Retail Pharmacies
-Hospitals Pharmacies
-Online Pharmacies
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Regional Insights:
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: GCC, South Africa, Egypt, Rest of MEA
Global Hypercholesterolemia Market Possible Restraint: Adverse effects of low-cholesterol drugs and hinder the Market growth
Drugs used for the treatment for hypercholesterolemia contain some side effects such as aches, muscle and joint pain, vomiting, diarrhea, nausea, gas, or constipation. Impediments with muscles and the risk of diabetes enhanced by use of these statins are the major side effects. Most adverse effects of the hypercholesterolemia drugs are associated with liver damage and type 2 diabetes. For instance, CETP inhibitors, a drug class used for hypercholesterolemia have been withdrawn in the later stages of the clinical trial due to adverse effects. Due to these side effects, the Hypercholesterolemia Drug Market would be negatively affected.
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