Global Bempedoic Acid API Market Growth 2023-2029
Bempedoic acid is an adenosine triphosphate-citrate lyase (ACL) inhibitor that reduces low-density lipoprotein cholesterol (LDL-C) by inhibiting the synthesis of cholesterol in the liver, an enzyme involved in the synthesis of fatty acids and cholesterol. Bempedoic acid is used to treat dyslipidaemia and other cardiometabolic risk factors by reducing LDL-C.
LPI (LP Information)' newest research report, the “Bempedoic Acid API Industry Forecast” looks at past sales and reviews total world Bempedoic Acid API sales in 2022, providing a comprehensive analysis by region and market sector of projected Bempedoic Acid API sales for 2023 through 2029. With Bempedoic Acid API sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bempedoic Acid API industry.
This Insight Report provides a comprehensive analysis of the global Bempedoic Acid API 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 Bempedoic Acid API portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bempedoic Acid API market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bempedoic Acid API 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 Bempedoic Acid API.
The global Bempedoic Acid API market size is projected to grow from US$ 50 million in 2022 to US$ 214.4 million in 2029; it is expected to grow at a CAGR of 214.4 from 2023 to 2029.
Esperion is the largest manufacturer of bempedoic acid API in the world, has a share about 99%. Geographically speaking, North America is dominating the global bempedoic acid API market, has a share nearly 80%. In terms of purity, 99% segment holds an important share of about 45%. In terms of application, pharmaceutical manufacturing segment accounts for nearly 80% of the global share.
This report presents a comprehensive overview, market shares, and growth opportunities of Bempedoic Acid API market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
0.98
0.99
Others
Segmentation by application
Pharmaceutical Manufacturing
Scientific Research
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 analyzing the company's coverage, product portfolio, its market penetration.
Esperion
Metrochem API Pvt Ltd
Lee Pharma
Conscientia Industrial Co., Ltd
Sun Pharmaceutical
China Fortune Way Company
Shanghai Yingrui Biopharma Co., Ltd.
Viruj Pharma
Henan Dongyao Medical Technology Co., Ltd.
Speranza Chemical Co., Ltd.
Rui Laboratories
Optimus Drugs Pvt LTD
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bempedoic Acid API market?
What factors are driving Bempedoic Acid API market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bempedoic Acid API market opportunities vary by end market size?
How does Bempedoic Acid API break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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