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Global Cholesterol Lowering Biologic Drugs Market by Type (For Oral Administration, Injectable Drugs), By Application (Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Sales) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: PH-205
  • Author: Up Market Research
  • Rating: 4.8
  • Total Reviews: 84
  • No. Of Pages: 231
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  • Pub. Date: 2021-03-01
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The Global Cholesterol-Lowering Biologic Drugs Market size is expected to grow from USD 2.0 billion in 2021 to USD 3.7 billion by 2028, at a CAGR of 7.2% during the forecast period (2021-2028). The growing geriatric population coupled with increasing awareness among individuals about the benefits of pharmacological management and its superiority over other modes of therapy are some factors that will drive growth in the coming years. On the other hand, limitations such as the high cost of treatment and lack of adequate reimbursement policies restrict the growth potential for these drugs globally.

 

Cholesterol-Lowering Biologic Drugs is a medication that helps to reduce blood cholesterol levels. Cholesterol-Lowering Biologics are used in the treatment of high cholesterol and other conditions which contribute to increased risk or progression of atherosclerosis, such as Diabetes Mellitus Type II, Familial Hypercholesterolemia (FH), or Heart Attack predisposed condition for a patient who cannot tolerate Statins due to side effects.

 

On the basis of Type, the market is segmented into Oral Administration and Injectable Drugs.

 

Oral Administration:

Oral Administration means the method of taking a medication that is in pill form by mouth. The use of this type of administration can be either swallowing the medication with water or using it to coat an area on your tongue, for example, if you need to dissolve a tablet before it enters your stomach. Oral tablets are most often used when someone needs their blood sugar levels checked and oral liquid medications may also be prescribed.

 

Injectable Drugs:

Injectable drugs are a type of medication that enters the body through injection. Injections can be given intravenously, intramuscularly, or subcutaneously. Painless and simple to administer, injections offer precise dosing with few side effects. The main advantages of injectables include convenience for patients who do not wish to take oral medications because they cannot swallow them as well as ease and speed in which a patient may receive treatment during an emergency situation where it is difficult to give someone medicine orally. Examples of some common types of injectable medications are insulin shots, antibiotics administered via IVs to fight infection more quickly in hospital settings, and vaccines delivered by immunization nurses at doctors' offices or schools.

 

On the basis of Application, the market is segmented into Hospital Pharmacies, Retail Pharmacies, Drug Stores and Online. The segment of Retail Pharmacy accounted for the largest share in 2018 due to the high adoption rate of pharmacy services by consumers globally.

The usage of cholesterol-lowering biologic drugs in drug stores is relatively low due to the high cost. However, manufacturers are trying hard to make them affordable for different segments of society and increase their use in retail pharmacies. For instance, a 50mg tablet from Biogen's Tecfidera costs about $600 USD (or Rs 32000 INR).

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe is anticipated to grow at a fast pace owing to the rising prevalence of cardiovascular diseases and increasing demand for cholesterol-lowering biologics drugs. The Asia Pacific, on the other hand, is projected to exhibit a high growth rate by 2028 as developing economies are expected to emerge with increased economic activities leading towards higher consumption of pharmaceutical products.

The Middle East & Africa region is also estimated to experience rapid growth during the forecast period due to North African countries such as Egypt which have seen an increase in population aged more than 65 years from 2010-2015 coupled with an aging population.

 

Growth Factors for The Global Cholesterol Lowering Biologic Drug Market:

The global cholesterol-lowering biologic drugs market is expected to show a significant growth rate during the forecast period. In recent years, there has been an increased awareness about cardiovascular disease and its risk factors such as high blood pressure and diabetes which will boost the demand for the cholesterol-lowering biologic drug in various markets across the globe. Another factor driving this market is rising incidences of lifestyle diseases including obesity, heart disease, stroke, etc., due to unhealthy habits like smoking or excessive intake of alcohol which has pushed up the need for these treatments.
 



Up Market Research published a new report titled “Cholesterol Lowering Biologic Drugs Market research report which is segmented by Types (For Oral Administration, Injectable Drugs), By Applications (Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Sales), By Players/Companies Amgen, Regeneron Pharmaceuticals, Alnylam Pharmaceuticals”.

 

Report Scope

Report Attributes Report Details
Report Title Cholesterol Lowering Biologic Drugs Market Research Report
By Type For Oral Administration, Injectable Drugs
By Application Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Sales
By Companies Amgen, Regeneron Pharmaceuticals, Alnylam Pharmaceuticals
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 231
Number of Tables & Figures 162
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Cholesterol Lowering Biologic Drugs Industry Outlook
 

Global Cholesterol Lowering Biologic Drugs Market Report Segments:

The market is segmented by Type For Oral Administration, Injectable Drugs and By Application Hospital Pharmacies, Retail Pharmacies, Drug Stores, Online Sales.

 

Some of the companies that are profiled in this report are:

  1. Amgen
  2. Regeneron Pharmaceuticals
  3. Alnylam Pharmaceuticals
 

Cholesterol Lowering Biologic Drugs Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Cholesterol Lowering Biologic Drugs Market
 

Overview of the regional outlook of the Cholesterol Lowering Biologic Drugs Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Cholesterol Lowering Biologic Drugs Market Overview
 

Highlights of The Cholesterol Lowering Biologic Drugs Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Cholesterol Lowering Biologic Drugs Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. For Oral Administration

                2. Injectable Drugs

       7. By Application:

                1. Hospital Pharmacies

                2. Retail Pharmacies

                3. Drug Stores

                4. Online Sales

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Cholesterol Lowering Biologic Drugs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Cholesterol Lowering Biologic Drugs Market Statistics
 

Reasons to Purchase the Cholesterol Lowering Biologic Drugs Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cholesterol Lowering Biologic Drugs Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Cholesterol Lowering Biologic Drugs Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Cholesterol Lowering Biologic Drugs Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Cholesterol Lowering Biologic Drugs Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Cholesterol Lowering Biologic Drugs Market Size & Forecast, 2018-2028 
      4.5.1 Cholesterol Lowering Biologic Drugs Market Size and Y-o-Y Growth 
      4.5.2 Cholesterol Lowering Biologic Drugs Market Absolute $ Opportunity 


Chapter 5 Global Cholesterol Lowering Biologic Drugs Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Cholesterol Lowering Biologic Drugs Market Size Forecast by Type
      5.2.1 For Oral Administration
      5.2.2 Injectable Drugs
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Cholesterol Lowering Biologic Drugs Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Cholesterol Lowering Biologic Drugs Market Size Forecast by Applications
      6.2.1 Hospital Pharmacies
      6.2.2 Retail Pharmacies
      6.2.3 Drug Stores
      6.2.4 Online Sales
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Cholesterol Lowering Biologic Drugs Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Cholesterol Lowering Biologic Drugs Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Cholesterol Lowering Biologic Drugs Analysis and Forecast
   9.1 Introduction
   9.2 North America Cholesterol Lowering Biologic Drugs Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Cholesterol Lowering Biologic Drugs Market Size Forecast by Type
      9.6.1 For Oral Administration
      9.6.2 Injectable Drugs
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Cholesterol Lowering Biologic Drugs Market Size Forecast by Applications
      9.10.1 Hospital Pharmacies
      9.10.2 Retail Pharmacies
      9.10.3 Drug Stores
      9.10.4 Online Sales
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Cholesterol Lowering Biologic Drugs Analysis and Forecast
   10.1 Introduction
   10.2 Europe Cholesterol Lowering Biologic Drugs Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Cholesterol Lowering Biologic Drugs Market Size Forecast by Type
      10.6.1 For Oral Administration
      10.6.2 Injectable Drugs
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Cholesterol Lowering Biologic Drugs Market Size Forecast by Applications
      10.10.1 Hospital Pharmacies
      10.10.2 Retail Pharmacies
      10.10.3 Drug Stores
      10.10.4 Online Sales
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Cholesterol Lowering Biologic Drugs Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Cholesterol Lowering Biologic Drugs Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Cholesterol Lowering Biologic Drugs Market Size Forecast by Type
      11.6.1 For Oral Administration
      11.6.2 Injectable Drugs
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Cholesterol Lowering Biologic Drugs Market Size Forecast by Applications
      11.10.1 Hospital Pharmacies
      11.10.2 Retail Pharmacies
      11.10.3 Drug Stores
      11.10.4 Online Sales
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Cholesterol Lowering Biologic Drugs Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Cholesterol Lowering Biologic Drugs Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Cholesterol Lowering Biologic Drugs Market Size Forecast by Type
      12.6.1 For Oral Administration
      12.6.2 Injectable Drugs
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Cholesterol Lowering Biologic Drugs Market Size Forecast by Applications
      12.10.1 Hospital Pharmacies
      12.10.2 Retail Pharmacies
      12.10.3 Drug Stores
      12.10.4 Online Sales
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Cholesterol Lowering Biologic Drugs Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Cholesterol Lowering Biologic Drugs Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Cholesterol Lowering Biologic Drugs Market Size Forecast by Type
      13.6.1 For Oral Administration
      13.6.2 Injectable Drugs
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Cholesterol Lowering Biologic Drugs Market Size Forecast by Applications
      13.10.1 Hospital Pharmacies
      13.10.2 Retail Pharmacies
      13.10.3 Drug Stores
      13.10.4 Online Sales
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Cholesterol Lowering Biologic Drugs Market: Competitive Dashboard
   14.2 Global Cholesterol Lowering Biologic Drugs Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Amgen
      14.3.2 Regeneron Pharmaceuticals
      14.3.3 Alnylam Pharmaceuticals
Segments Covered in the Report
The global Cholesterol Lowering Biologic Drugs market has been segmented based on

By Types
  • For Oral Administration
  • Injectable Drugs
By Applications
  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Online Sales
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Amgen
  • Regeneron Pharmaceuticals
  • Alnylam Pharmaceuticals

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