Research Reports
Statin Market, Overview, Industry Size, Share, Trends, Report 2021-2026
Published by maria gbaf
Posted on November 8, 2021
4 min readLast updated: January 28, 2026
Global Banking & Finance Review®
Company
Published by maria gbaf
Posted on November 8, 2021
4 min readLast updated: January 28, 2026
The statin market is projected to grow at a 3.5% CAGR from 2021-2026, driven by rising cholesterol levels and lifestyle diseases.
According to latest report by IMARC Group, titled “Statin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global statin market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 3.5% during 2021-2026.
Statin is a special class of drugs that are used to lower cholesterol levels in the human body. It works by blocking the substance that creates low-density lipoprotein (LDL) cholesterol, thus lowering the risk of heart disease and strokes. It also inhibits the enzyme HMG-CoA reductase and increases the ability of the livers to remove LDL in the blood. In addition, statin helps stabilize the plaques on blood vessel walls and reduces blood clots. As a result, they are approved by the World Health Organization (WHO) and prescribed by doctors and healthcare professionals to decrease the mortality in high-risk patients.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Global Statin Market Trends:
The global statin market is primarily driven by the rising cholesterol levels due to the unhealthy lifestyle and dietary patterns of individuals. Desk-bound lifestyles and long office hours result in reduced indulgence in physical activities. As a result, a rising number of individuals have been suffering from lifestyle-related diseases, such as diabetes, obesity, and cardiovascular diseases (CVD), which escalate the demand for statins. In addition to this, the drug is also used to prevent cases of atherosclerosis, inflammation, and oxidative stress in the body. Moreover, extensive research and development (R&D) activities have led to the introduction of statin-ezetimibe combination therapy that aids in achieving near-normal lipid profiles in hypercholesterolemia patients. These factors are expected to fuel the market growth in the upcoming years.
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Global Statin Market 2021-2026 Analysis and Segmentation:
Competitive Landscape With Key Players :
Breakup by Type:
Breakup by Therapeutic Area:
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Breakup by Application:
Breakup by Distribution:
Breakup by Region:
Key highlights of the report:
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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The article discusses the trends, growth, and forecast of the global statin market from 2021 to 2026.
What factors are driving the growth of the statin market?
Which companies are key players in the statin market?
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