Evolocumab, marketed under the brand name Repatha, is a monoclonal antibody used for the treatment of high cholesterol and to reduce the risk of cardiovascular events. Evolocumab is in a class of medications called PCSK9 inhibitors, which work by blocking the PCSK9 protein in the liver, leading to an increase in the number of LDL (low-density lipoprotein) receptors on the liver cells. This, in turn, helps the liver to remove more LDL cholesterol from the bloodstream, leading to lower LDL cholesterol levels.
Key points about the Evolocumab market included:
- Indications: Evolocumab is primarily used for individuals with hypercholesterolemia (high cholesterol) who have not adequately responded to diet, exercise, and statin therapy. It is also indicated for patients with atherosclerotic cardiovascular disease (ASCVD) who require further reduction of LDL cholesterol to reduce the risk of cardiovascular events such as heart attacks and strokes.
- Growing Demand: The market for Evolocumab was driven by the high prevalence of hypercholesterolemia and the increasing awareness of the importance of managing LDL cholesterol levels to reduce the risk of cardiovascular diseases.
- Competitive Landscape: Evolocumab faced competition from other lipid-lowering medications, including statins and other PCSK9 inhibitors, in the hypercholesterolemia treatment market.
- Research and Development: Continued research and clinical trials were conducted to explore the potential of Evolocumab in additional patient populations and to better understand its long-term safety and efficacy.
- High Cost: One significant challenge in the Evolocumab market was its relatively high cost, which could impact its accessibility to some patients and healthcare systems.
- Treatment Guidelines: Evolocumab’s inclusion in treatment guidelines and formularies by healthcare authorities and insurers influenced its utilization and market adoption.
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Market Segmentations:
Global Evolocumab Market: By Company
• BOCSCI
• Carbosynth
• TargetMol Chemicals
• Chemren Bio-Engineering
• DC Chemicals
• Hefei Enli Medical Technology
• Hefei Hirisun Pharmatech
• Hubei Kele Fine Chemical
• Hubei Xingcheng Biotechnology
• Hubei Zhongshan Medical Technology
• Nantong Feiyu Biological Technology
• Nantong Hi-Future Biotechnology
• Shanghai Biochempartner
• Shanghai Loulan Biotechnology
• Shanghai Macklin Biochemical
• Shanghai Minkai Biotechnology
• Shanghai Ruihui Chemical Technology
• Shanghai Yifei Biotechnology
• Sichuan Weiqi Biotechnology
• Taizhou KEDE Chemical
• Taizhou Kerui Bio-Technology
• WeiShi Reagent
• Wuhan Fortuna Chemical
• Wuhan Sunrise Technology Development
• Wuhan Weisman Bioengineering
• Wuhan Yingnuo Pharmaceutical Technology
Global Evolocumab Market: By Type
• Patent
• Generic
Global Evolocumab Market: By Application
• Chemical
• Pharmaceutical
Global Evolocumab Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Evolocumab market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, 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), and Argentina, Brazil, and Rest of South America as part of South America.
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