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LI2009380 |
Pages: NA |
Jun 2020 |
Lipids are fatty acids in nature and include multiple soluble vitamins (like vitamins A, D, E, and K), waxes, glycerides, steroids, phospholipids, and natural oils which are beneficial to the human body. They can be utilized for multiple medicinal purposes. Further, lipids active pharmaceutical ingredients refer to the organic compounds that are used as active ingredients in any drug and provide medicinal properties. They possess the capacity to treat, cure, or improve health in multiple disorders like cancer, cardiovascular diseases, and others. Owing to these benefits, the demand for lipids active pharmaceutical ingredients is increasing in the global healthcare industry.
Increasing neurological diseases, rising prevalence of cardiovascular disorders, rising cancer, and chronic diseases patients to drive the market growth
Neurological disorders such as Alzheimer's disease, dementia, epilepsy, stroke, sclerosis, migraine, Parkinson’s disease, and brain tumors are majorly increasing across the globe. Due to the growing occurrence of these diseases, it has become extremely vital to develop and provide appropriate medicines for their treatment. Lipids active pharmaceutical ingredients provide vital medicinal effects to these patients and help in the healing process owing to which their usage and incorporation in drugs have increased aggressively benefiting the market. Further, according to an updated report from the World Health Organization (WHO), more than 17 million people die annually due to cardiovascular diseases, making it the number one cause of deaths worldwide. Cardiovascular diseases have increased massively owing to improper lifestyle, negative habits, and no physical activities. This has caused a massive strain on the healthcare sector to opt for better medication to save as many people as possible dying from cardiovascular diseases. According to WHO, if the changes aren’t made in the healthcare sector and lifestyle soon then the annual figure of death by cardiovascular diseases could reach up to 23.6 million by the year 2030. These figures have made it necessary to incorporate better medicinal ingredients which enhance the healing process, due to which the demand for lipids active pharmaceutical ingredients has massively increased. Owing to all these factors the demand for lipids active pharmaceutical ingredients will increase majorly and will drive the market growth.
Stringent quality standards by various governments across the globe have significantly affected the market growth as manufacturers of lipids active pharmaceutical ingredients can’t improve the process design. These quality standards negatively impact the profitability of manufacturers as well as increase time and development costs. Some of these standards are GMP (Good Manufacturing Practices), ICH (International Conference on Harmonization), and cGMP (current GMP). Further, patent expirations have posed a great threat to revenue growth. All these factors are hindering the smooth supply of lipids active pharmaceutical ingredients on a wider and larger basis across the globe.
Growing awareness amongst the healthcare industry about the healing and curing benefits offered by lipids active pharmaceutical ingredients has positive effects on their adoption across the globe. Major research & development activities are being conducted by multiple organizations, companies, educational institutions to further enhance their effects when consumed by a patient to improve the treatment process. This has led to the wide adoption of lipids active pharmaceutical ingredients in various medicinal drugs and offered lucrative opportunities for market growth. Furthermore, growing demand for effective and fast-acting drugs by healthcare industries for the treatment of various health ailments like cancer, cardiovascular diseases, and others has also created major opportunities for growth. Also, the ongoing development of advanced and better drug production facilities has enabled manufacturers to produce lipids active pharmaceutical ingredients in large quantities. Owing to increased production their usage will increase for multiple purposes.
Simple lipids segment will have a dominating share in the global market and they are expected to register a significant revenue during the forecast period. They play an important role in cells, such as energy storage (oils and fats) and supply, acts as a carrier of electrons/oxygen, balances hormones, and is a constituent of membranes. They provide multiple healing benefits and have wide applications in the healthcare industry. Owing to all these benefits the demand for simple lipids is growing majorly.
The cardiovascular disease segment is anticipated to register maximum growth in lipids active pharmaceutical ingredients market during the forecast period. Rising cardiovascular patients and increased adoption by the healthcare industry of drug manufacturing for cardiovascular diseases are the major factors driving the market growth. Furthermore, growing research & development activities and rising investments in healthcare infrastructure have facilitated major incorporation of lipids active pharmaceutical ingredients in medicines. Due to all these factors, the cardiovascular disease application will be the most lucrative for lipids active pharmaceutical ingredients market.
Asia-Pacific region is expected to hold the largest share in the lipids active pharmaceutical ingredients market during the forecast timeframe. Asia-Pacific region is the fastest-growing economy, majorly investing in research & development activities to develop better drugs. In addition, growing cancer patients, cardiovascular diseases, and neurological disorders particularly in China, India, and Japan have led to massive incorporation of lipids active pharmaceutical ingredients in medicine production. Further, the major availability of active pharmaceutical manufacturers is also facilitating market growth, in the APAC region.
Source: Research Dive Analysis
Some of the significant global lipids active pharmaceutical ingredient market players include Sancilio & Company, Inc., Cerbios-Pharma SA, CordenPharma International, Merck KGaA, VAV Life Sciences, Avanti Polar Lipids., DSM Nutritional Products AG, Cayman Chemical, ESPERION Therapeutics, Inc., and ABITEC.
Global lipids active pharmaceutical ingredient market players are emphasizing more on merger & acquisition and advanced product development. These are the frequent strategies followed by established organizations. To emphasize more on the competitor analysis of market players, Porter’s five forces model is explained in the report.
Aspect |
Particulars |
Historical Market Estimations |
2018-2019 |
Base Year for Market Estimation |
2018 |
Forecast timeline for Market Projection |
2020-2027 |
Geographical Scope |
North America, Europe, Asia-Pacific, LAMEA |
Segmentation by Type |
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Segmentation by Application |
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Key Countries Covered |
U.S., Canada, Germany, France, Spain, Russia, Japan, China, India, South Korea, Australia, Brazil, and Saudi Arabia |
Key Companies Profiled |
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