Uploaded on Aug 22, 2019
The global diabetes drugs market was valued at $34295 million in 2018 & is estimated to generate net revenue of approximately $60434.87 million by 2027, growing at a CAGR of 6.50% Read more: https://www.inkwoodresearch.com/reports/diabetes-drugs-market/
Global Diabetes Drugs market | Inkwood Research
GLOBAL DIABETES DRUGS
FOREMCAASRT 2K0E1T9-2027
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Insert or Drag & Drop your photo MARKET
GLOBAL DIABETES
DRUGS MARKET OVERVIEW
• The important driver for the growth in this
FORECAST 2019-2027 market is the increase in the prevalence of diabetes which is because of the increasing
obesity among people caused by unhealthy
diets and sedentary lifestyles.
• The diabetes drugs market segments
include diabetes type and product class.
• Diabetes drugs manufacturers offer products
for use by both the types (type 1 and type 2)
of diabetic patients.
• Growing elderly population is also
influencing the market growth in a big way
as the life expectancy rate is rising and the
birth rate is declining at the same time.
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KEY
• The growth in the global diabetes drugs
FmaIrNket iDs maIinNly dGriven by increased diabetic population anSd obesity rates in
recent years.
• The North American market holds the
largest share of the global market.
• The global diabetes drugs market is
expected to grow at a CAGR of 6.50%
during the forecast period of 2019-2027.
INTRODUCTI
ON
Global Diabetes Drugs market by
Diabetes type, by Product class, by
Non-Insulin & by geography.
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Infograp
hic
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NORTH AMERICA DIABETES DRUGS MARKET
• The expected CAGR of the North
American diabetes drugs market over
the forecast period of 2019-2027 is
4.98%.
• The region has the world’s most
established market for diabetes drugs
and holds more than half of the total
market share.
• The US market holds the maximum
share in the sale and distribution of
diabetes drugs.
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EUROPE DIABETES DRUGS MARKET
• The CAGR for the European market of
diabetes drugs is expected to be 5.09%
for the forecast period of 2019-2027.
• The increase in life expectancy
contributes to the increase in the
number of diseases prevailing in the
region, especially diabetes. Implications
caused by diabetes such as CVDs,
kidney failure, foot ulcers and damage
to the eyes have made people in Europe
more conscious about diabetes
management.
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ASIA PACIFIC DIABETES DRUGS MARKET
• The CAGR for the Asia Pacific diabetes
drugs market is expected to be 10.82%
for the forecast period of 2019-2027.
• Economic development and rise in
healthcare spending are expected to
increase the demand for diabetes drugs
further.
• Despite a large number of people with
diabetes in the region, awareness is still
low, and therefore the situation needs to
be addressed.
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COMPETITIVE
INSIGHTS
Leading brands in the global market of
diabetes drugs are Eli Lilly And Company,
AstraZeneca Plc., B.Braun Melsungen Ag,
Novo Nordisk A/S, Sanofi, Diavacs Inc.,
Xoma Corp., Albireo Pharma Inc.,
Macrogenics Inc., Astellas Pharma,
Glaxosmithkline, Merck, Pfizer and Xeris
Pharmaceuticals.
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