Rosuvastatin Market Scope
Rosuvastatin is a lipid-lowering drug that belongs to the statin class of medications. It is used to lower the risk of cardiovascular disease and manage elevated lipid levels by inhibiting the endogenous production of cholesterol in the liver. Rosuvastatin is used along with a proper diet to help lower "bad" cholesterol & fats and raise "good" cholesterol (HDL) in the blood. This drug is commonly known as Crestor and is consumed orally. The developing healthcare infrastructure globally has driven market expansion.
According to AMA, the Global Rosuvastatin market is expected to see growth rate of 3.94% Research Analyst at AMA estimates that Asia Pacific Players will contribute to the maximum growth of Global Rosuvastatin market throughout the predicted period.
AstraZeneca plc (United Kingdom), Teva Pharmaceutical Industries Ltd. (Israel), MSN Laboratories Private Limited (India), Cadila Pharmaceuticals (India), LGM Pharma LLC (United States), Changzhou Pharmaceutical Factory (China), Zhejiang Jingxin Pharmaceutical Co. Ltd. (China), Hec Pharma Co., Ltd. (China), Lunan Pharmaceutical Group (China), Lianyungang Runzhong Pharmaceutical Co.,Ltd.(China), Shandong bechem chemical co., ltd (China), CTX Life Sciences Pvt. Ltd. (India), Watson Labs, Inc. (India), Torrent Pharma Ltd. (India), Sun Pharmaceutical Industries Ltd. (India), Sandoz (Germany), Aurobindo Pharma Limited (India) and Apotex Inc. (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Rosuvastatin market by Type (High Purity and Low Purity) and Region with country level break-up.
On the basis of geography, the market of Rosuvastatin 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).
Influencing Trend:
Large Patient Pool In Asia Pacific Region
Market Growth Drivers:
Increasing Use for Prevention of Cardiovascular Disease:” Rosuvastatin is one of the two most commonly used statins and is more effective low-density lipoproteins (LDL) (known as bad cholesterol). It is majorly used to reduce mortality, cardiac events and improve quality of life.” and Prevalence of Obesity
Restraints:
Side Effects of Rosuvastatin and Lack of Medical Awareness
Opportunities:
Preference for Non-Surgical Treatment and The Rise in the Awareness Regarding Healthcare
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Rosuvastatin Providers, Raw Material Suppliers, Rosuvastatin Distributors/Traders/Suppliers, Government Regulatory and Research Organizations and End-Users
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.