Diabetes Drugs Market by Drug Class (Insulin, GLP-1 Receptor Agonists, DPP-4 Inhibitors, SGLT2 Inhibitors, Others), by Diabetes Type (Type 1, Type 2), by Route of Administration (Oral, Subcutaneous, Intravenous), by Distribution Channel (Online pharmacies, Hospital Pharmacies, Retail Pharmacies), by North America (U.S., Canada), by Europe (Germany, France, U.K., Spain, Italy, Rest of Europe), by Asia Pacific (China, India, Southeast Asia, Japan, Australia, Rest of the Asia Pacific), by Latin America (Mexico, Brazil, Rest of Latin America), by Middle East & Africa (GCC, South Africa) Forecast 2024-2032
The Diabetes Drugs Market size was valued at USD 66.15 USD Billion in 2023 and is projected to reach USD 111.91 USD Billion by 2032, exhibiting a CAGR of 7.8 % during the forecast period. Diabetes medications are all diabetes drugs made to help people with diabetes mellitus maintain stable blood sugar levels. Insulin is a category of agents under which there are several types, such as biguanides, sulfonylureas, DPP-4 inhibitors, SGLT2 inhibitors, and GLP-1 receptor agonists. The regulation of blood glucose concentration depends on the presence of insulin which can be administered subcutaneously or through pumps. For instance , the group known as biguanides encompasses metformin improves the sensitivity towards insulin, and reduces hepatic production of glucose. Sulfonylureas cause the pancreas to produce more insulin. Through influencing hormones engaged in glucose metabolism they modulate sugar levels within the body system. SGLT2 inhibitors are drugs that prevent reabsorption of glucose by kidneys hence increasing it in urine for excretion from the body. Thus these medicines are needed in managing diabetes preventing complications like neuropathy retinopathy and cardiovascular diseases among others
Drug Class:
Diabetes Type:
Route of Administration:
Distribution Channel:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 7.8% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 7.8% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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