The global antidiabetic drug market is expected to grow from USD 56.93 billion 2017 to USD 81.82 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 5.32%.
“Changing lifestyle of people and irregular dietary habits
is one of the factors largely attributing to the growth of antidiabetic drug market globally”
The factors attributing to the growth of the market are changing lifestyle of people and irregular dietary habits, strong product pipeline of antidiabetics, globally rising prevalence of diabetes and increasing obesity among people, and increasing consumer awareness level and improved technology. However, some factors such as and prohibitive cost of insulin may hinder the market growth. The global antidiabetic drug market is expected to showcase the opportunities such as advancement in the healthcare and pharmaceutical sectors, ongoing research and development, and governments and private companies to work together for the supply of inexpensive drugs. In the near future, the market may face the possible challenges in the growth due to and wide availability of antidiabetics drugs. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global antidiabetic drug market market.
On the basis of disease , the global antidiabetic drug market is studied across Diabetes Mellitus Type 1 and Diabetes Mellitus Type 2.
On the basis of patient, the global antidiabetic drug market is studied across Adult, Geriatric, and Pediatric.
On the basis of type, the global antidiabetic drug market is studied across Alpha-glucosidase Inhibitors, Biguanides, DPP-IV (Dipeptidyl Peptidase) Inhibitors, GLP-1 (Glucagon-like Peptide) Agonists, Insulin, Meglitinides, SGLT-II (Sodium Glucose Transport Proteins) Inhibitors, Sulphonylureas, and Thiazolidinedione.
On the basis of geography, the global antidiabetic drug market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“AstraZeneca plc: The potential growing player for the global antidiabetic drug market”
The key players profiled in the global antidiabetic drug market are AstraZeneca plc, Biocon Limited, Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company, Eli Lilly and Company, Halozyme Therapeutics, Inc., Johnson & Johnson, Merck KGaA, Novo Nordisk A/S, Oramed Pharmaceuticals Inc., Pfizer Inc., Takeda Pharmaceutical Company Ltd, Tonghua Dongbao Pharmaceutical Co., Ltd., Wockhardt Limited, and sanofi-aventis U.S. LLC.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global antidiabetic drug market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global antidiabetic drug market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global antidiabetic drug market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global antidiabetic drug market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global antidiabetic drug market.
Summary:
Get latest Market Research Reports on Antidiabetic Drug . Industry analysis & Market Report on Antidiabetic Drug is a syndicated market report, published as Global Antidiabetic Drug Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q3 2018 Update). It is complete Research Study and Industry Analysis of Antidiabetic Drug market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.