Type 2 Diabetes Mellitus Treatment Market Size, Share & Trends Analysis Report By Drug Class (Insulin, DPP-4 Inhibitors, GLP-1 Receptor Agonists), By Route of Administration (Oral, IV), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 203
Type 2 Diabetes Mellitus Treatment Market Size, Share & Trends Analysis Report By Drug Class (Insulin, DPP-4 Inhibitors, GLP-1 Receptor Agonists), By Route of Administration (Oral, IV), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030
Type 2 Diabetes Mellitus Treatment Market Growth & Trends
The global type 2 diabetes mellitus treatment market size is anticipated to reach USD 91.9 billion by 2030, growing at a CAGR of 6.9% from 2024 to 2030, according to a report by Grand View Research, Inc. This expansion is driven by the increasing global burden of type 2 diabetes and advancements in treatment options. As lifestyle changes, such as poor dietary habits and physical inactivity, contribute to higher obesity rates, the incidence of type 2 diabetes is on the rise. According to the International Diabetes Federation (IDF), over 500 million people worldwide are affected by diabetes, with Type 2 diabetes accounting for approximately 90% of these cases. This growing patient population fuels demand for effective and innovative treatments.
Advancements in diabetes management are boosting market growth. The development of new classes of medications, such as GLP-1 receptor agonists and SGLT2 inhibitors, has significantly improved treatment outcomes. These therapies not only lower blood glucose levels but also offer additional benefits like cardiovascular protection and weight management. The introduction of novel insulin formulations and technologies, including continuous glucose monitors and insulin pumps, further enhances patient care and drives market expansion. For instance, in January 2023, the Food and Drug Administration (FDA) approved Novo Nordisk’s diabetes medication, Rybelsus, as a first-line treatment for lowering blood sugar levels. With this approval, individuals with Type 2 diabetes, in collaboration with their healthcare providers, can now incorporate Rybelsus early in their treatment plan, offering a new option for managing their condition from the onset.
In addition, increasing healthcare investments and improved access to diabetes care contribute to market growth. Governments and healthcare organizations are investing in diabetes management programs, public awareness campaigns, and healthcare infrastructure improvements. These efforts aim to enhance early diagnosis, treatment adherence, and overall patient management.
Type 2 Diabetes Mellitus Treatment Market Report Highlights
In 2023, the insulin segment accounted for the largest revenue share of 32.8% in diabetes mellitus, type 2 treatment market. This growth primarily is attributed to the rising prevalence of type 2 diabetes around the world due to sedentary lifestyle
Subcutaneous are anticipated to achieve the highest CAGR of 9.4% in the diabetes mellitus, type 2 treatment market during the forecast period
The retail pharmacies segment accounted for the largest revenue share of around 70.0% in diabetes mellitus, type 2 treatment market in 2023
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Drug Class
1.2.2. Route of Administration
1.2.3. Distribution Channel
1.2.4. Regional scope
1.2.5. Estimates and forecasts timeline
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased database
1.4.2. GVR’s internal database
1.4.3. Secondary sources
1.4.4. Primary research
1.4.5. Details of primary research
1.4.5.1. Data for primary interviews in North America
1.4.5.2. Data for primary interviews in Europe
1.4.5.3. Data for primary interviews in Asia Pacific
1.4.5.4. Data for primary interviews in Latin America
3.3. Type 2 Diabetes Mellitus Treatment Market, Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Supplier power
3.3.1.2. Buyer power
3.3.1.3. Substitution threat
3.3.1.4. Threat of new entrant
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Technological landscape
3.3.2.3. Economic landscape
Chapter 4. Type 2 Diabetes Mellitus Treatment Market: Drug Class Estimates & Trend Analysis
4.1. Global Type 2 Diabetes Mellitus Treatment Market: Drug Class Dashboard
4.2. Global Type 2 Diabetes Mellitus Treatment Market: Drug Class Movement Analysis
4.3. Global Type 2 Diabetes Mellitus Treatment Market by Drug Class, Revenue
4.4. Insulin
4.4.1. Insulin market estimates and forecasts 2018 to 2030 (USD Million)
4.5. DPP-4 Inhibitors
4.5.1. DPP-4 Inhibitors market estimates and forecasts 2018 to 2030 (USD Million)
4.6. GLP-1 Receptor Agonists
4.6.1. GLP-1 Receptor Agonists market estimates and forecasts 2018 to 2030 (USD Million)
4.7. SGLT2 Inhibitors
4.7.1. SGLT2 Inhibitors market estimates and forecasts 2018 to 2030 (USD Million)
4.8. Others
4.8.1. Others market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 5. Type 2 Diabetes Mellitus Treatment Market: Route of Administration Estimates & Trend Analysis
5.1. Global Type 2 Diabetes Mellitus Treatment Market: Route of Administration Dashboard
5.2. Global Type 2 Diabetes Mellitus Treatment Market: Route of Administration Movement Analysis
5.3. Global Type 2 Diabetes Mellitus Treatment Market Estimates and Forecasts, By Route of Administration, Revenue (USD Million)
5.4. Oral
5.4.1. Oral market estimates and forecasts 2018 to 2030 (USD Million)
5.5. Subcutaneous
5.5.1. Subcutaneous market estimates and forecasts 2018 to 2030 (USD Million)
5.6. Intravenous
5.6.1. Intravenous market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 6. Type 2 Diabetes Mellitus Treatment Market: Distribution Channel Estimates & Trend Analysis
6.1. Global Type 2 Diabetes Mellitus Treatment Market: Distribution Channel Dashboard
6.2. Global Type 2 Diabetes Mellitus Treatment Market: Distribution Channel Movement Analysis
6.3. Global Type 2 Diabetes Mellitus Treatment Market Estimates and Forecasts, By Distribution Channel, Revenue (USD Million)
6.4. Retail Pharmacies
6.4.1. Retail Pharmacies market estimates and forecasts 2018 to 2030 (USD Million)
6.5. Hospital Pharmacies
6.5.1. Hospital Pharmacies market estimates and forecasts 2018 to 2030 (USD Million)
6.6. Other
6.6.1. Other market estimates and forecasts 2018 to 2030 (USD Million)
Chapter 7. Type 2 Diabetes Mellitus Treatment Market: Regional Estimates & Trend Analysis by Drug Class, Route of Administration, and Distribution Channel
7.1. Regional Dashboard
7.2. Market Size, & Forecasts Trend Analysis, 2018 to 2030: