Statin Market Application, Trends, Demand, Growth, Challenges and Competitive Outlook

Data Bridge Market Research analyses that the statin market, which was USD 15.38 billion in 2022, would rise to USD 22.21 billion by 2030 and is expected to undergo a CAGR of 4.70% during the forecast period 2023 to 2030.

Data Bridge Market Research analyses that the statin market, which was USD 15.38 billion in 2022, would rise to USD 22.21 billion by 2030 and is expected to undergo a CAGR of 4.70% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market research analysis data included in this report lend a hand to businesses for planning of strategies related to investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. What's more, Statin Market report presents the data and information for actionable, most recent and real-time market insights which makes it easier to even take critical business decisions.

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Market Definition:

Statins are the type of pharmaceutical drug advised to patients to reduce the cholesterol level in their bodies. It can be consumed by high-risk patients and patients suffering from the ill effects of high cholesterol. These drugs also help reduce vascular inflammation and oxidative stress in the body. Atorvastatin, lovastatin, rosuvastatin, and simvastatin are the most common statins.

Market Overview:

An increase in the incidence of cholesterol because of changing lifestyle are anticipated to surge the demand for statins globally. The fast pace of urbanization leads to cholesterol-related disorders and assures the high demand for statins. Much awareness about cholesterol and technologically advanced health administration amenities are pushing different manufacturers to increase the production of statins.

Market Scope and Size:

Type

  • Synthetic
  •  Natural

Drug Class

  • Atorvastatin
  • Lipitor
  • Others
  • Fluvastatin
  • Lescol
  • Canef
  • Vastin
  • Lovastatin
  • Mevacor
  • Others
  • Rosuvastatin
  • Crestor
  • Simvastatin
  • Zocor
  • Pitavastatin
  • Livalo

Application

  • Cardiovascular Diseases
  • Heart strokes
  • Attacks
  • Lifestyle Diseases
  • Obesity
  • Diabetes
  • Inflammation
  • Others

End User

  • Hospitals
  • Clinics
  • Others

Country Level Analysis:

The countries covered in the statin market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Key Players:

Some of the major players operating in the statin market are:

  • AstraZeneca (U.K.)
  • Pfizer Inc. (U.S.)
  • Aurobindo Pharma. (India)
  • Amgen Inc. (U.S.)
  • GSK plc (U.K.)
  • Biocon (India)
  • Novartis AG (Switzerland)
  • Abbott (U.S.)
  • Siemens Healthineers AG (Germany)
  • Quidel Corporation (U.S.)
  • Hoffman-La Roche Ltd. (Switzerland)
  • (U.S.)
  • D. (U.S.)

Download Sample PDF Copy of this Report to understand structure of the complete report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-statin-market

TABLE OF CONTENTS:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Continue………

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