The Atherosclerosis Drugs Global Market Report 2023, provides comprehensive information on the atherosclerosis drugs 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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The global atherosclerosis drugs market is expected to grow from $46.8 billion in 2022 to $48.72 billion in 2023 at a compound annual growth rate (CAGR) of 3.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The atherosclerosis drugs market is expected to reach $54.89 billion in 2027 at a CAGR of 3%.
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Product innovation is a key trend gaining popularity in the atherosclerosis drugs market going forward. Major companies operating in the atherosclerosis drugs market are developing innovative drugs and getting approvals to sustain their position in the market. For instance, in December 2021, Novartis AG, a Switzerland-based pharmaceutical company, received the US Food and Drug Administration (FDA) approval for Leqvio (inclisiran), a first-of-its-kind siRNA to lower cholesterol and treat people with atherosclerotic cardiovascular disease. This new drug is in the form of subcutaneous injection and reduces the amount of LDL (low-density lipoproteins) cholesterol in the bloodstream for the treatment of adults with clinical atherosclerotic cardiovascular disease. It provides a new option for patients who are not able to achieve their LDL cholesterol goals with other therapies.
The atherosclerosis drugs market is segmented:
1) By Drug Class: Anti-Platelet Medications, Fibric Acid And Omega-3 Fatty Acid Derivatives, Angiotensin-Covering Enzyme (ACE) Inhibitors, Diuretics, Cholesterol Lowering Medication, Beta Blockers, Calcium Channel Blockers, Other Drug Classes
2) By Route Of Administration: Oral, Injectable
3) By Distribution Channel: Hospital Pharmacies, Online Pharmacies, Retail Pharmacies, Other Distribution Channels
North America was the largest region in the atherosclerosis drugs market in 2022.
The table of contents in TBRC’s atherosclerosis drugs market report includes:
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