Lipid Regulators Market Research Reveals Robust Growth Amidst Escalating Global Cardiovascular Disease Challenges
The global lipid regulators market is experiencing robust growth as the burden of cardiovascular diseases continues to rise worldwide. With the alarming prevalence of disorders like dyslipidemia, particularly among smokers, the risk of smoking-related atherosclerosis, heart attacks, strokes, and circulatory issues has intensified. Moreover, the elderly population, more vulnerable to cardiovascular illnesses, is expanding, making lipid-altering drugs a vital component in reducing cardiovascular risk among this demographic.
According to the 2022 American Heart Association (AHA) report, North Africa, the Middle East, Central and South Asia, and Eastern Europe had the highest prevalence rates of ischemic heart disease (IHD) globally in 2020, affecting approximately 244.1 million individuals. Lifestyle factors such as sedentary living, smoking, obesity, hypertension, and diabetes are contributing to the escalating burden of cardiovascular diseases. As a result, the lipid regulators market is poised for continuous growth in response to the escalating demand for these crucial pharmaceuticals.
Obesity Epidemic Drives Lipid Regulators Market Growth
The increasing prevalence of obesity is a significant factor propelling the lipid regulators market forward. In the United States, between March 2017 and March 2020, obesity rates surged from 30.5% to 41.9%, with extreme obesity increasing from 4.7% to 9.2%, as reported by the Centers for Disease Control and Prevention (CDC). Obesity is a primary contributor to chronic diseases globally and is a leading cause of preventable deaths in the U.S.
COVID-19 Impact on Lipid Regulators Market
During the COVID-19 pandemic, lipid-based supplements experienced surging demand, thanks to their health-promoting attributes. Research has shown that COVID-19 infection can impact lipid profiles, leading to dyslipidemia and highlighting the importance of proper medical care. Statin therapy emerged as a critical approach to improving COVID-19 outcomes, given its antiviral, anti-inflammatory, immunomodulatory, and cardioprotective effects. This trend has driven increased consumption of lipid nutritional products, aiding the recovery of COVID-19 patients and subsequently boosting the lipid regulators market.
Rising Elderly Population Spurs Market Growth
As the global elderly population continues to grow, the demand for lipid regulators is expected to rise significantly. The World Aging Report 2022 forecasts that the population aged 65 and older will increase from 10% in 2022 to 16% by 2050. This demographic shift is set to fuel demand for lipid regulators as the elderly are more susceptible to chronic illnesses, particularly cardiovascular disorders.
Branded Statins: Driving Force Behind Market Expansion
Branded statins such as Atorvastatin, Fluvastatin, Pravastatin, Rosuvastatin, and Simvastatin are more effective at reducing LDL-cholesterol levels compared to other lipid-regulating medications. The rising prevalence of dyslipidemia, especially among diabetic populations, is expected to drive the demand for these statins. Diabetes affects over 400 million individuals globally, with its treatment accounting for 12% of global healthcare spending. This increased prevalence of dyslipidemia due to rising diabetes rates is anticipated to fuel market growth.
Consumer Awareness: A Potential Hurdle
Despite the promising outlook, limited consumer awareness in developing nations could constrain market growth. Some factors, including unsuitability for patients with specific health conditions, sustainability issues related to fishing, and low catch limits, might hinder the market’s expansion.
Triglycerides Dominate Market Share
The triglycerides category currently commands the largest market share, driven by growing demand for derivatives such as medium-chain triglycerides and long-chain triglycerides in functional beverages and dietary supplements. Triglycerides serve as a significant energy source, making them essential in various functional foods and beverages. The phospholipids segment is also expected to witness substantial growth due to its ability to distribute omega-3 fats effectively in the body, making it a crucial component in functional foods and dietary supplements.
Food and Beverages Lead the Way
In 2021, the food and beverage category dominated the lipid regulators market, driven by global population growth and the demand for nutrient-rich foods and beverages. Lipids play a pivotal role in the pharmaceutical industry, including drug development and vaccine production, further boosting demand.
North America Takes the Helm
North America is anticipated to lead the lipid regulators market, primarily due to the high prevalence of obesity and diabetes in countries like the United States and Mexico. The rising incidence of diabetes, which elevates the risk of dyslipidemia, is expected to drive demand for lipid regulators in the region.
Asia Pacific: A Region on the Rise
The Asia Pacific lipid regulators market is set for stable revenue growth, driven by the increasing incidence of cardiovascular disorders and growing awareness of lipid regulator benefits. Rising disposable incomes in countries like China and India, along with a focus on regulatory bodies promoting drug safety and efficacy, are expected to further bolster market expansion.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 – By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/lipid-regulators-market
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