The global PCSK9 inhibitor market is experiencing a surge in growth, with a projected valuation of US$15,140.3 million by 2034. This translates to a Compound Annual Growth Rate (CAGR) of 18.7%, building upon a market value of US$2,733.7 million in 2024, reflecting a significant year-over-year increase of 21.5%.

Evolocumab Leads the Way, Inclisiran Poised for Rapid Growth

The PCSK9 inhibitor market is witnessing dominance by the drug evolocumab, which is expected to hold a substantial market share of 71.3% in 2024. However, the future holds promise for inclisiran, with projected sales growth exceeding a remarkable 31.3% CAGR throughout the forecast period. This indicates a potential shift in the market landscape as inclisiran gains wider adoption.

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Market Driven by Growing Need for Cholesterol Control

The significant growth of the PCSK9 inhibitor market can be attributed to several factors:

  • Rising Prevalence of Cholesterol Issues: An increase in cholesterol-related health problems globally is creating a greater demand for effective treatment options.
  • PCSK9 Inhibitors Offer New Hope: PCSK9 inhibitors provide a powerful tool for managing cholesterol levels, offering a valuable option for patients who struggle to achieve optimal results with traditional therapies.

Key Takeaways from the Market Study

  • FMI projects the global PCSK9 Inhibitors market to expand at a 15.8% value CAGR by 2033
  • The global PCSK9 Inhibitors market is estimated at a market value of US$ 3 Billion
  • The global PCSK9 Inhibitors market is expected to garner a market value of US$ 13 Billion
  • Asia Pacific is expected to grow at a CAGR of 15% in the assessment period 2023-2033.
  • North America is expected to grow at a CAGR of 15.7% in the assessment period 2023-2033.
  • Europe is expected to grow at a CAGR of 15.3% in the assessment period 2023-2033.
  • The Repatha segment is expected to hold the largest market share for PCSK9 Inhibitors in the forecast period 2023-2033

“Asia Pacific is expected to have a significant market share. This is due to increased healthcare awareness, research activity, and government initiatives in the healthcare industry to create jobs in the region,” says an analyst at FMI.

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Market Competition

New product registrations for early diagnosis, strategic alliances for mergers, acquisitions, marketing, a large distribution channel, and significant R&D investment are some of the primary strategies employed by notable organisations operating in the PCSK9 inhibitors Market. The top players in the PCSK9 inhibitors industry have been identified and characterised for their distinct business features. Key players in the PCSK9 Inhibitors market are Amgen, Eli Lilly, Sanofi, Pfizer, Novartis, Roche, Merck, Alnylam, AstraZeneca and Affiris.

Recent Developments:

  • In December 2022, the boards of directors of Horizon Therapeutics plc and Amgen Inc., announced that they have agreed on the terms of a cash offer for the Company by Pillartree Limited (“Acquirer Sub”), a newly formed private limited company wholly owned by Amgen, which is unanimously recommended by the Company Board and under which Acquirer Sub will acquire the entirety of the Company’s issued and to be issued ordinary share capital.
  • In December 2022, Eli Lilly and Company announced that its purchase of Akouos, Inc. was completed successfully. The purchase broadens Lilly’s genetic medicines efforts to include Akouos’ portfolio of potential first-in-class adeno-associated viral gene treatments for the treatment of inner ear diseases such as sensorineural hearing loss.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the global PCSK9 Inhibitors market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of type (repatha, praluent, bococizumab and others), and application (clinical application, drug development and others), across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Key Players:

  • Amgen Plc.
  • Eli Lilly & Co.
  • Sanofi S.A
  • Pfizer Inc.
  • Novartis AG
  • Roche Diagnostics
  • Merck & Co. KGaA
  • Alnylam
  • AstraZeneca
  • Affiris

Key Segments Profiled in the PCSK9 Inhibitors Industry Survey

By Type:

  • Repatha
  • Praluent
  • Bococizumab
  • Others

By Application:

  • Clinical Application
  • Drug Development
  • Others