Scope of the Study
Fluvastatin is the very first synthetically-derived HMG-CoA reductase catalyst, which is a hydrophilic, antilipemic, and acidic agent that is used for the purpose of lowering cholesterol and triglyceride levels which are associated with the primary hypercholesterolemia as well as mixed dyslipidemia. This drug is used for slowing down the progression of coronary atherosclerosis in patients with CHD and also used as secondary prevention therapy in patients with CHD so as to reduce the risk of needing the coronary revascularization processes. Fluvastatin belongs to a class of medications called statins and apart from reducing plasma cholesterol levels, it is also used to prevent any cardiovascular disease. It is also the first composition that is structurally distinct from the other fungal derivatives of this therapeutic class.
The market study is being classified by Type (Tablets and Capsules), by Application (Cardiovascular Disease and Plasma Cholesterol Levels) and major geographies with country level break-up.
Novartis (Switzerland), Mylan Pharmaceuticals Inc. (United States), Teva Pharmaceuticals (Israel), Sandoz International GmbH (Germany), Physicians Total Care, Inc. (United States) and Carilion Materials Management (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Fluvastatin Sodium Drug market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Fluvastatin Sodium Drug market by Type, Application and Region.
On the basis of geography, the market of Fluvastatin Sodium Drug has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Geriatric Population in Major Economies
- Increasing Heart Attack And Stroke Cases
Market Trend
- Increasing Healthcare Spending and Demand for Drug Therapy
Restraints
- Stringent Government Rules and Regulation
- Side Effects Due to Fluvastatin Sodium Drug
Opportunities
- R&D and Product Innovation
- Potential Growth From Emerging Countries
Challenges
- Availability of Substitutes
FDA updated warnings for Heart Attack and Stroke Risk for Non-Steroidal Anti-Inflammatory Drugs.FDA clearing existing warnings in prescription drug labels and over the counter drug, the important labels to mention that non-steroidal anti-inflammatory drugs (NSAIDs) can increase the risk of a heart attack or stroke, may lead to death
Key Target Audience
Manufacturers of Fluvastatin Sodium Drug, Suppliers and Distributors of Fluvastatin Sodium Drug, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
Customization in the Report Available:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase