Familial Hypercholesterolemia Treatment Market to 2031 – Impact Analysis of COVID-19 on the Industry
The global familial hypercholesterolemia treatment market is exhibiting steady growth and the trend is expected to continue over the forecast period between 2021 and 2031. According to a study by Fact.MR, rising incidence of cardiovascular diseases such as atherosclerosis and stroke has increased the demand for familial hypercholesterolemia treatment.
According to the National Institutes of Health, for every 100 people, there is a 0.3% prevalence of a heterozygous form of familial hypercholesterolemia and homozygous form of familial hypercholesterolemia occurs in 1 in million population.
North America has emerged as the leading market for familial hypercholesterolemia treatment due to increasing incidence of heart diseases and related disorders in the region. Asia, followed by Europe is predicted to witness a high growth rate in coming years in the hypercholesterolemia market.
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Key Segments of Familial Hypercholesterolemia Treatment Market Covered in the Report
Based on indication type, the Familial Hypercholesterolemia Treatment Market has been segmented as
- Heterozygous familial hypercholesterolemia
- Homozygous familial hypercholesterolemia
Based on the drug, the Familial Hypercholesterolemia Treatment Market has been segmented as
- Statins
- Bile-acid-binding resins
- Cholesterol absorption inhibitors
- Combination cholesterol absorption inhibitor and statin
- Fibrates
- Niacin
- Omega-3 fatty acid supplements
Based on the route of administration, the Familial Hypercholesterolemia Treatment Market has been segmented as
- Oral
- Injectable
Based on the distribution channel, the Familial Hypercholesterolemia Treatment Market has been segmented as
- Institutional Sales
- Hospitals
- Speciality Clinics
- Research Institutes
- Retail Sales
- Retail Pharmacies
- Online Pharmacies
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Based on the region, the Familial Hypercholesterolemia Treatment Market has been segmented as
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
Competitive Landscape
Key players operating in the familial hypercholesterolemia treatment market profiled by Fact.MR includes Hypercholesterolemia market AstraZeneca Plc., Amgen, Inc., CJ Healthcare, Aegerion Pharmaceuticals, Merck & Co., Esperion Therapeutics, Novartis AG and Pfizer, Eli Lilly and Company, Tekmira Pharmaceuticals Corporation, AbbVie, Inc. New drug launches along with strategic mergers & acquisition remains the core strategy for maintaining their lead in the market.
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