Malaysia Lipid Lowering Drugs Market Analysis

Malaysia Lipid Lowering Drugs Market Analysis

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Malaysia lipid lowering drugs market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. The increase in heart disease cases, higher awareness of the health risks associated with high cholesterol levels, and the availability of effective treatments are key factors driving the global market for lipid-lowering pharmaceuticals. The major key players in this market are Sanofi, Sun Pharmaceutical Industries Ltd., AstraZeneca, Pfizer Inc., Novartis AG, AbbVie Inc., Merck & Co. Inc., Amgen Inc., and Dr. Reddy's.

ID: IN10MYPH324 CATEGORY: Pharmaceuticals GEOGRAPHY: Malaysia AUTHOR: Vidhi Upadhyay

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Malaysia Lipid Lowering Drugs Market Analysis Summary

Malaysia Lipid Lowering Drugs Market is valued at around $50.8 Mn in 2022 and is projected to reach $66.3 Mn by 2030, exhibiting a CAGR of 3.38% during the forecast period 2023-2030.

A molecule that resembles fat called cholesterol is found in the blood and aids in the production of hormones, vitamin D, and other compounds that aid in food digestion. The synthesis of cholesterol in the body is assisted by the liver and intestines as well as foods consumed such as eggs, fish, meat, and others.

There are 2 types of cholesterol:

  1. Low Density Lipoprotein - It’s commonly known as bad cholesterol, which accounts for the majority of the body's cholesterol
  2. High Density Lipoprotein - Which aids in absorbing cholesterol and transporting it back to the liver

Additionally, a rise in high cholesterol increases the risk of heart disease by causing fatty deposits to form in blood vessels. Although the body needs cholesterol, levels more than 240 mg/dl are regarded to be high cholesterol and can interfere with the body's ability to operate normally. A poor diet, hereditary conditions, type 2 diabetes, renal disease, and other conditions can all contribute to high cholesterol.

The few classes of drugs used as lipid lowering drugs are:

  1. Statins
  2. PCSK9 Inhibitors
  3. Nicotinic Acid
  4. Bile Acid Sequestrants

The increase in heart disease cases, higher awareness of the health risks associated with high cholesterol levels, and the availability of effective treatments are key factors driving the global market for lipid-lowering pharmaceuticals. The major key players in this market are Sanofi, Sun Pharmaceutical Industries Ltd., AstraZeneca, Pfizer Inc., Novartis AG, AbbVie Inc., Merck & Co. Inc., Amgen Inc., and Dr. Reddy's.

Market Dynamics

Market Growth Drivers

The ageing of the population, rising rates of high cholesterol, increased demand for medications that lower cholesterol, management and treatment of cholesterol, among other reasons, are all having an effect on the market's growth. In addition, lack of exercise, a shift in lifestyle, consumption of trans and saturated fats, smoking, and other issues are key drivers of market expansion.

Competitive Landscape

Key Players

  • Sanofi
  • Sun Pharmaceutical Industries Ltd.
  • AstraZeneca
  • Pfizer Inc.
  • Novartis AG
  • AbbVie Inc.
  • Merck & Co. Inc.
  • Amgen Inc.
  • Dr. Reddy's

Developments in Malaysia Lipid Lowering Drugs Market

In March 2023, the US Food and Drug Administration (FDA) has authorised the extended use of Regeneron Pharmaceuticals, Inc.'s Evkeeza medication in children aged 5 to 11 years to treat an extremely rare condition that raises cholesterol levels.

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company Overview Product Applications and Services Recent Developments Partnerships Ecosystem Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Malaysia Lipid Lowering Drugs Market Segmentation

By Drugs Class

  • Statins and Combination
  • PCSK9 Inhibitors
  • Bile Acid Sequestrants
  • Fibrates
  • Cholesterol Absorption Inhibitors
  • Others

By Indications

  • Hypercholesterolemia
  • Coronary Artery Disease
  • High Triglycerides

By End Users

  • Hospitals
  • Specialty clinics
  • Others

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.


Stage I: Market Data Collection

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Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

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We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.



Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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Last updated on: 27 February 2024
Updated by: Keta Vora

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