Global Statins Market Growth 2025-2031
Description
The global Statins market size is predicted to grow from US$ 14890 million in 2025 to US$ 16680 million in 2031; it is expected to grow at a CAGR of 1.9% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Statins are special class of drugs that helps in lowering of blood cholesterol level in the body.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
LP Information, Inc. (LPI) ' newest research report, the “Statins Industry Forecast” looks at past sales and reviews total world Statins sales in 2024, providing a comprehensive analysis by region and market sector of projected Statins sales for 2025 through 2031. With Statins sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Statins industry.
This Insight Report provides a comprehensive analysis of the global Statins landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Statins portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Statins market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Statins and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Statins.
This report presents a comprehensive overview, market shares, and growth opportunities of Statins market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Astrovastatin
Fluvastatin
Lovastatin
Pravastatin
Simvastatin
Others
Segmentation by Application:
Hospitals
Clinics
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
AstraZeneca
Pfizer
GlaxoSmithKline
Novartis International
Merck
Biocon
Concord Biotech
Aurobindo Pharma
Key Questions Addressed in this Report
What is the 10-year outlook for the global Statins market?
What factors are driving Statins market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Statins market opportunities vary by end market size?
How does Statins break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Statins are special class of drugs that helps in lowering of blood cholesterol level in the body.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
LP Information, Inc. (LPI) ' newest research report, the “Statins Industry Forecast” looks at past sales and reviews total world Statins sales in 2024, providing a comprehensive analysis by region and market sector of projected Statins sales for 2025 through 2031. With Statins sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Statins industry.
This Insight Report provides a comprehensive analysis of the global Statins landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Statins portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Statins market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Statins and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Statins.
This report presents a comprehensive overview, market shares, and growth opportunities of Statins market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Astrovastatin
Fluvastatin
Lovastatin
Pravastatin
Simvastatin
Others
Segmentation by Application:
Hospitals
Clinics
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
AstraZeneca
Pfizer
GlaxoSmithKline
Novartis International
Merck
Biocon
Concord Biotech
Aurobindo Pharma
Key Questions Addressed in this Report
What is the 10-year outlook for the global Statins market?
What factors are driving Statins market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Statins market opportunities vary by end market size?
How does Statins break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
103 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Statins by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Statins by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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