Lipid Regulators Market Share, Size, Trends, Industry Analysis Report, By Type (Statins, Non-statins); By Product; By Phase; By Region; Segment Forecast, 2024 - 2032
- Published Date:Jan-2024
- Pages: 119
- Format: PDF
- Report ID: PM4334
- Base Year: 2021
- Historical Data: 2019 – 2022
Report Outlook
Lipid Regulators Market size was valued at USD 7.25 billion in 2023. The market is anticipated to grow from USD 7.64 billion in 2024 to USD 11.75 billion by 2032, exhibiting a CAGR of 5.5% during the forecast period.
Market Overview
Lipids are chemical compounds available in the human body that are part of cell membranes and play a significant role in managing the input and output of particles in cells. The inappropriate levels of lipids can cause huge health problems among humans, which is driving the utilization of lipid regulators in the healthcare sector. The rising emphasis on lipid regulation is positively influencing the lipid regulator market.
- For instance, in February 2023, a study published in Biomedcentral explored the research progress on bioactive peptide regulation of lipids, specifically to encounter hyperlipidemia disease.
Moreover, the emergence of research activities focusing on lipids and other diseases is anticipated to boost the growth and demand for lipid regulators in the foreseeable future. For instance, a 2022 study evaluated the connection between Alzheimer's disease and lipid metabolism, clinical evidence, and the potential of therapeutics. Moreover, according to the World Aging Report 2022, the proportion of the global population aged 65 years or older is expected to increase from 10% in 2022 to 16% in 2050. By 2050, the worldwide count of individuals aged 65 years or above is anticipated to surpass twice the number of children under the age of 5. He is projected to be roughly equivalent to the number of children under the age of 12.
However, the side effects associated with lipid regulators in treating diseases are becoming a huge concern. The statin-induced diabetes, hepatotoxicity, and muscle effects after consuming lipid regulators are anticipated to hinder growth.
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Growth Drivers
- Growing health issues associated with inconsistent levels of lipids
The emergence of health problems associated with higher levels of lipids in the population is likely to enhance its demand. Lipid regulators are prominent in the management of lipids, primarily cholesterol, phospholipids, triglycerides, & fatty acids. According to the National Health and Nutrition Examination Survey (NHANES) report, approximately 44.9% of the adults received treatment for hyper-cholesterolemia between 2013 & 2016 in the U.S. As this trend continues further, there will be a significant demand for lipid regulators in the coming years.
- Increase in government initiatives to promote health among its population.
The rising government initiatives in supporting lipid regulation treatment for people suffering from improper levels of lipids in their bodies. The United States set the Healthy People 2030 goal to enhance the quality of life for its citizens by improving the accessibility of treatment. It set a goal to lower the cholesterol levels among its population to the mean level of 186.4 mg/dL. As countries step in to encounter health issues facing their citizens due to insignificant levels of lipids, there will be new growth opportunities for the market globally.
Restraining Factors
- Lower awareness about the lipid regulators
Limited knowledge of lipid regulators and the presence of competition from alternative drugs in the marketplace are expected to impede market growth. The ongoing trend of population preferences towards natural remedies, regular exercise, and modifications in dietary plans is expected to affect market growth negatively.
Report Segmentation
The market is primarily segmented based on type, product, phase, and region.
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By Type |
By Product |
By Phase |
By Region |
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By Type Analysis
The Statins segment is expected to witness the highest growth during the forecast period.
The statins segment is anticipated to grow at a reasonable CAGR during the projected period, mainly driven by its ability to lower LDL cholesterol compared to the other lipid-regulating drugs. It is the most effective in treating dyslipidemia. The available statins in the marketplace include atorvastatin, fluvastatin, pravastatin, rosuvastatin, and simvastatin. The ongoing awareness campaigns and government initiatives on cholesterol management are expected to contribute to the expansion of the lipid regulator market in the coming years.
However, ongoing studies on combination therapy are expected to contribute to the optimistic growth of non-statins in the marketplace, as they are used to combine with statins among certain people.
By Product Analysis
The cholesterol segment held the largest market share in 2023.
The cholesterol segment accounted for the largest market share in 2023. This is attributable to the rising prevalence of cases with higher cholesterol levels in the marketplace, driving the necessity of lipid regulators managing cholesterol.
By Phase Analysis
The clinical segment registered a significant market share in 2023.
The clinical segment held a significant market share in 2023, due to the continuous rise in research and development activities in testing the effectiveness of various drugs in managing lipid levels. Researchers are showing profound interest in developing new drugs, followed by approvals, driving the emergence of highly functional medicines in the marketplace and contributing to the growth of lipid regulators in the foreseeable future.
By Application Analysis
The retail segment registered the most dominant growth in 2023
The retail segment registered the largest market share over other applications in 2023 and is expected to continue its trend in the coming years. The higher rate of convenience in accessing medication from retail shops and the availability of over-the-counter options are contributing factors for the higher segmental growth over other applications.
Regional Insights
North America region registered the largest share of the global market in 2023
The North America region held the global market with the largest market share in 2023 and is expected to continue its dominance over the study period. The growth of the segment market can be largely attributed to the increasing prevalence of cardiovascular diseases among the population, primarily in the United States.
According to the Journal of the American College of Cardiology, cardiovascular diseases and their risk factors are expected to grow significantly by 2060. This is likely to be the main reason contributing to North America witnessing the largest share of the lipid regulator market in the world, as it necessitates the need for lipid regulators.
The Asia Pacific region will grow at a substantial pace, owing to the presence of a larger population base and the existence of a larger number of senior citizens in the region. As the elderly population is more vulnerable to cholesterol, type-2 diabetes, and other chronic diseases, there will be a significant demand for lipid regulators during the forecast period.
Key Market Players & Competitive Insights
Research initiatives for industry development to drive the competition
The lipid regulator market is slightly fragmented by a few larger players and is anticipated to witness competition in the coming years. The ongoing drug developments to deal with lipid regulation and rising approvals of drugs on the market are boosting further research activities among companies and government institutions. For instance, in May 2023, Regeneron Pharmaceuticals announced the extension of its drug, Evkeeza, as a lipid-lowering therapy to treat 5–11-year-old homozygous familial hypercholesterolemia children by the U.S. FDA.
Some of the major players operating in the global market include:
- AbbVie Inc
- Amgen
- Andrx Corporation
- AstraZeneca
- Bristol-Myers Squibb
- Merck KGaA
- Novartis
- Pfizer
- Teva Pharmaceuticals
Recent Developments in the Industry
- In September 2023, a study published in Science Direct focused on reviewing the recent advertisements for the regulation of lipids in coronary heart diseases.
- In September 2023, a research study evaluated the regulation of the distribution of cellular cholesterol through non-vesicular lipid transit at ER-Golgi contact sites.
Report Coverage
The lipid regulators market report emphasizes key regions across the globe to provide a better understanding of the product to the users. Also, the report provides market insights into recent developments and trends and analyzes the technologies that are gaining traction around the globe. Furthermore, the report covers an in-depth qualitative analysis pertaining to various paradigm shifts associated with the transformation of these solutions.
The report provides a detailed analysis of the market while focusing on various key aspects such as competitive analysis, type, product, phase, and futuristic growth opportunities.
Lipid Regulators Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 7.64 billion |
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Revenue Forecast in 2032 |
USD 11.75 billion |
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CAGR |
5.5% from 2024 – 2032 |
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Base year |
2023 |
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Historical data |
2019 – 2022 |
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Forecast period |
2024 – 2032 |
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Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
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Segments Covered |
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Regional scope |
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Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
Explore the 2024 market share, size, and revenue growth rate statistics in the field of Lipid Regulators Market, meticulously compiled by Polaris Market Research Industry Reports. This comprehensive analysis encompasses a market forecast outlook extending to 2032, along with an insightful historical overview. Experience the depth of this industry analysis by obtaining a complimentary PDF download of the sample report.
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FAQ's
The Lipid Regulators Market report covering key segments are type, product, phase, and region.
Lipid Regulators Market Size Worth $ 11.75 Billion By 2032
Lipid Regulators Market exhibiting a CAGR of 5.5% during the forecast period.
North America is leading the global market
key driving factors in Lipid Regulators Market are Growing health issues associated with inconsistent levels of lipids
