Global Antidiabetic Drug Market Growth 2023-2029
Diabetes mellitus is a kind of chronic comprehensive disease mainly caused by glucose metabolism disorder due to absolute or relative deficiency of insulin or decreased insulin sensitivity of target cells. The occurrence of type 2 diabetes mellitus is a combination of peripheral insulin resistance and β cell dysfunction. the result of. When diabetes patients undergo diet and exercise therapy and diabetes care education, blood glucose control can still not reach the treatment goals, the need for drug treatment-Antidiabetic Drug
LPI (LP Information)' newest research report, the “Antidiabetic Drug Industry Forecast” looks at past sales and reviews total world Antidiabetic Drug sales in 2022, providing a comprehensive analysis by region and market sector of projected Antidiabetic Drug sales for 2023 through 2029. With Antidiabetic Drug sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Antidiabetic Drug industry.
This Insight Report provides a comprehensive analysis of the global Antidiabetic Drug 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 Antidiabetic Drug portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Antidiabetic Drug market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Antidiabetic Drug 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 Antidiabetic Drug.
The global Antidiabetic Drug market size is projected to grow from US$ 43640 million in 2022 to US$ 87090 million in 2029; it is expected to grow at a CAGR of 87090 from 2023 to 2029.
The global anti-diabetic drug market is expected to witness significant growth during the forecast period. This growth is attributed due to increasing prevalence of diabetes and rising demand for oral anti-diabetic drugs. In addition, sedentary lifestyle, increasing the percentage of obesity, high-stress levels are considered as a major driving factor for the growth of oral anti-diabetic drugs market. Furthermore, technological advancement and medical reimbursements can also help in fuelling the growth of oral antidiabetic drug market. However, the high cost of drugs is considered as a major restraint for the market. Nonetheless ongoing research and huge market potential can bring growth opportunities for anti-diabetic market within the forecast period.
This report presents a comprehensive overview, market shares, and growth opportunities of Antidiabetic Drug market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Alpha-Glucosidase Inhibitors
Biguanides, Sulphonylureas
Glp-1 Agonist
Meglitinides
Dpp-4 Inhibitors
Sglt–2
Thiazolodinediones
Segmentation by application
Type I Diabetes
Type II Diabetes
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.
Sanofi-Aventis
Eli Lilly
Oramed
Takeda
Boehringer Ingelheim
Novo Nordisk
Halozyme Therapeutics
Bristol-Myers Squibb
Pfizer
Tonghua Dongbao
Biocon
Wockhardt
Key Questions Addressed in this Report
What is the 10-year outlook for the global Antidiabetic Drug market?
What factors are driving Antidiabetic Drug market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Antidiabetic Drug market opportunities vary by end market size?
How does Antidiabetic Drug 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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