PCSK9 Inhibitor Market Size, Share, Opportunities, And Trends By Drug Type (Repatha (Evolocumab), Praluent (Alirocumab), Bococizuma, Others), By Modality (Fully Humanized Monoclonal Antibodies, SiRNA), By Application (Clinical Application, Drug Development, Other), And By Geography - Forecasts From 2024 To 2029

  • Published : Mar 2024
  • Report Code : KSI061616735
  • Pages : 145

The PCSK9 inhibitor market has experienced significant growth due to its effectiveness in managing cholesterol levels, particularly in patients with familial hypercholesterolemia or those intolerant to statins.

These inhibitors, such as evolocumab and alirocumab, work by blocking PCSK9, a protein that regulates LDL cholesterol receptors, thus lowering LDL cholesterol levels. Despite initial concerns regarding their high cost, advancements in manufacturing and increased insurance coverage have expanded access. The market is driven by the rising prevalence of cardiovascular diseases and the continuous development of novel PCSK9 inhibitors with improved efficacy and safety profiles.

Additionally, collaborations between pharmaceutical companies and healthcare providers aim to enhance patient education and adherence to treatment regimens. As research progresses and more clinical data emerge, the PCSK9 inhibitor market is poised for further growth and innovation in lipid-lowering therapies.

Market Drivers 

  • High cholesterol prevalence is anticipated to boost the PCSK9 inhibitor market.

Globally, the prevalence of elevated cholesterol is driving the market for PCSK9 inhibitors, which are vital tools for controlling cardiovascular risk. The need for novel approaches to cholesterol problems is growing as people become more conscious of the disease's effects on heart health and the shortcomings of current therapies. Effective LDL cholesterol reduction is provided by PCSK9 inhibitors, especially for patients with statin resistance or familial hypercholesterolemia. Their growing popularity and the clinical data demonstrating their effectiveness highlight their critical role in the control of cardiovascular risk.

To address the growing burden of cardiovascular illnesses, the market for PCSK9 inhibitors is expected to rise steadily as long as healthcare systems prioritize preventative care. According to the CDC, a deposit known as "plaque" on the artery walls may result from excessive blood cholesterol. The arteries' interiors constrict as plaque accumulates over time. The heart and other organs' blood flow is obstructed by this constriction. A heart attack or chest pain may result from a blockage of the blood supply to the heart. In addition, heart disease and stroke—two of the biggest causes of mortality in the US—are made more likely by high cholesterol.

  • Increasing cardiovascular diseases is expected to boost the PCSK9 inhibitor market.

Globally, the prevalence of cardiovascular illnesses is increasing, which is driving up demand for PCSK9 inhibitors. As heart attacks and strokes continue to be the primary causes of death, it is imperative to effectively manage cholesterol. By considerably lowering LDL cholesterol levels and lowering the risk of cardiovascular events, PCSK9 inhibitors provide a powerful remedy. Many people still have trouble reaching their goal cholesterol levels even with current medicines like statins.

PCSK9 inhibitors fill this gap in the literature by offering a useful treatment alternative, particularly for people with symptomatic atherosclerotic cardiovascular disease or familial hypercholesterolemia. Their effectiveness—backed by clinical data—places them at the center of cardiovascular risk management plans, propelling industry expansion.

According to NCBI in 2022, PCSK9 inhibitors can be used as an alternative to statins and ezetimibe and are primarily utilized in the treatment of clinical hyperlipidemia, atherosclerosis, and associated ischemic cardiovascular disorders with notable outcomes. PCSK9 inhibitors can prevent damage to vascular endothelial cells, postpone the development of plaque, and save cardiac cells. Through several mechanisms, including LDL-R degradation mediating the increase in circulating low-density lipoprotein, binding with TLRs mediating the inflammatory response, and binding with the CD36 receptor promoting PA and thrombosis, PCSK9 contributes to the occurrence and development of cardiovascular diseases. Furthermore, PCSK9 inhibitors perform several functions in addition to lipid-lowering. Research now underway indicates that PCSK9 inhibitors may find use in the management of several illnesses, including sepsis, some malignancies, and certain viral infections.

  • Advancements in drug delivery are anticipated to boost the PCSK9 inhibitor market.

Novel formulations or alternate routes of administration are examples of advancements in PCSK9 inhibitor drug delivery that improve patient adherence and convenience, hence propelling market growth. The goals of innovations are to provide more patient-friendly options, lessen adverse effects, and increase dose frequency. For those with elevated cholesterol, particularly those with statin intolerance, familial hypercholesterolemia, or significant cardiovascular risk, these advancements improve accessibility. Improved delivery strategies boost prescription rates by winning over healthcare providers' trust.

All things considered, these developments drive the market for PCSK9 inhibitors forward by filling in therapy gaps, enhancing patient outcomes, and improving results in the management of cardiovascular disease. According to NCBI in 2022, the majority of PCSK9 inhibitor nucleic acid medications are ASOs, which work by binding to or severing PCSK9 mRNA to prevent intracellular protein translation and PCSK9 protein production. RNase H1 then occupies or cuts the targeted mRNA. Inclisiran, the PCSK9 nucleic acid inhibitor that Novartis now offers, is injected subcutaneously.

Asia Pacific region is expected to grow significantly

The inhibitor market is expanding significantly in the Asia-Pacific area for several reasons. The aging population, changing lifestyles, and rapid urbanization all contribute to the rise in the prevalence of diseases like diabetes, cancer, and cardiovascular ailments. Furthermore, growing healthcare spending, better access to novel treatments, and improvements in healthcare infrastructure all contribute to market expansion.

The demand for new inhibitors is also fueled by the region's growing academic and industrial research activities, as well as the biopharmaceutical sector's expansion. Because of this, the inhibitor market in Asia-Pacific is expected to grow significantly, providing pharmaceutical companies and researchers with chances to meet unmet medical needs and enhance patient outcomes.

 Market Restraints

  • High costs can constrain the market for PCSK9 inhibitors.

The high cost of PCSK9 inhibitors is a significant obstacle in the market since it can restrict patient access and affordability. Even though PCSK9 inhibitors are effective in lowering LDL cholesterol and preventing cardiovascular events, their high cost has raised questions about patient affordability, reimbursement, and healthcare budget constraints, which has prevented these medications from being widely adopted and used. To maximize their impact on cardiovascular health, this obstacle must be addressed through pricing strategies, reimbursement discussions, and cost-effective alternatives.

Market Development

  • November 2023- The completion of LIBerate-CVD and LIBerate-HR, the last two registration-enabling Phase 3 trials for patients with cardiovascular disease (CVD) or at very high and high risk of CVD, has been announced by IB Therapeutics Inc. (LIB), a privately held, late-stage biopharmaceutical company developing Lerodalcibep, a novel, third-generation PCSK9 inhibitor for patients at very high and high risk of CVD. These two trials are a component of the Phase 3 LIBerate Program, which enables registration. It consists of four major studies, including 2,387 patients dosed for a maximum of 52 weeks, with over 2,200 patients participating in a 72-week open-label extension study.
  • August 2023: Merck started the Phase 3 trial program for MK-0616, an oral PCSK9 inhibitor candidate, in August 2023. Adults with high cholesterol are being studied for therapy with MK-0616, an oral PCSK9 inhibitor.

Market Segmentation

  • By Drug Type:
    • Repatha (Evolocumab)
    • Praluent (Alirocumab)
    • Bococizuma
    • Others
  • By Modality:
    • Fully humanized monoclonal antibodies
    • siRNA
  • By Application:
    • Clinical Application
    • Drug Development
    • Other
  • By Geography:
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits for the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. PCSK9 INHIBITOR MARKET BY DRUG TYPE

5.1. Introduction

5.2. Repatha (Evolocumab)

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.3. Praluent (Alirocumab)

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospect

5.4. Bococizuma

5.4.1. Market Trends and Opportunities

5.4.2. Growth Prospects

5.5. Others

5.5.1. Market Trends and Opportunities

5.5.2. Growth Prospects

6. PCSK9 INHIBITOR MARKET BY MODALITY

6.1. Introduction

6.2. Fully humanized monoclonal antibodies

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.3. siRNA

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

7. PCSK9 INHIBITOR MARKET BY APPLICATION

7.1. Introduction

7.2. Clinical Application

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.3. Drug Development

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

7.4. Other

7.4.1. Market Trends and Opportunities

7.4.2. Growth Prospects

8. PCSK9 INHIBITOR MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Drug Type

8.2.2. By Modality

8.2.3. By Application

8.2.4. By Country

8.2.4.1. United States

8.2.4.1.1. Market Trends and Opportunities

8.2.4.1.2. Growth Prospects

8.2.4.2. Canada

8.2.4.2.1. Market Trends and Opportunities

8.2.4.2.2. Growth Prospects

8.2.4.3. Mexico

8.2.4.3.1. Market Trends and Opportunities

8.2.4.3.2. Growth Prospects

8.3. South America

8.3.1. By Drug Type

8.3.2. By Modality

8.3.3. By Application

8.3.4. By Country 

8.3.4.1. Brazil

8.3.4.1.1. Market Trends and Opportunities

8.3.4.1.2. Growth Prospects

8.3.4.2. Argentina

8.3.4.2.1. Market Trends and Opportunities

8.3.4.2.2. Growth Prospects

8.3.4.3. Others

8.3.4.3.1. Market Trends and Opportunities

8.3.4.3.2. Growth Prospects

8.4. Europe

8.4.1. By Drug Type

8.4.2. By Modality

8.4.3. By Application

8.4.4. By Country

8.4.4.1. United Kingdom

8.4.4.1.1. Market Trends and Opportunities

8.4.4.1.2. Growth Prospects

8.4.4.2. Germany

8.4.4.2.1. Market Trends and Opportunities

8.4.4.2.2. Growth Prospects

8.4.4.3. France

8.4.4.3.1. Market Trends and Opportunities

8.4.4.3.2. Growth Prospects

8.4.4.4. Italy

8.4.4.4.1. Market Trends and Opportunities

8.4.4.4.2. Growth Prospects

8.4.4.5. Spain

8.4.4.5.1. Market Trends and Opportunities

8.4.4.5.2. Growth Prospects

8.4.4.6. Others

8.4.4.6.1. Market Trends and Opportunities

8.4.4.6.2. Growth Prospects

8.5. Middle East and Africa

8.5.1. By Drug Type

8.5.2. By Modality

8.5.3. By Application

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.1.1. Market Trends and Opportunities

8.5.4.1.2. Growth Prospects

8.5.4.2. UAE

8.5.4.2.1. Market Trends and Opportunities

8.5.4.2.2. Growth Prospects

8.5.4.3. Others

8.5.4.3.1. Market Trends and Opportunities

8.5.4.3.2. Growth Prospects

8.6. Asia Pacific

8.6.1. By Drug Type

8.6.2. By Modality

8.6.3. By Application

8.6.4. By Country

8.6.4.1. Japan

8.6.4.1.1. Market Trends and Opportunities

8.6.4.1.2. Growth Prospects

8.6.4.2. China

8.6.4.2.1. Market Trends and Opportunities

8.6.4.2.2. Growth Prospects

8.6.4.3. India

8.6.4.3.1. Market Trends and Opportunities

8.6.4.3.2. Growth Prospects

8.6.4.4. South Korea

8.6.4.4.1. Market Trends and Opportunities

8.6.4.4.2. Growth Prospects

8.6.4.5. Taiwan

8.6.4.5.1. Market Trends and Opportunities

8.6.4.5.2. Growth Prospects

8.6.4.6. Thailand

8.6.4.6.1. Market Trends and Opportunities

8.6.4.6.2. Growth Prospects

8.6.4.7. Indonesia

8.6.4.7.1. Market Trends and Opportunities

8.6.4.7.2. Growth Prospects

8.6.4.8. Others

8.6.4.8.1. Market Trends and Opportunities

8.6.4.8.2. Growth Prospects

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Novartis AG

10.2. Regeneron Pharmaceuticals, Inc. (Sanofi)

10.3. Amgen Inc.

10.4. Innovent

10.5. LIB Therapeutics, LLC

10.6. Merck & Co., Inc.

10.7. AstraZeneca


Novartis AG

Regeneron Pharmaceuticals, Inc. (Sanofi)

Amgen Inc.

Innovent

LIB Therapeutics, LLC

Merck & Co., Inc.

AstraZeneca