For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
Diabetes is group of metabolic disorder, often referred as diabetes mellitus, results in high blood glucose levels. Body cells use glucose as a source of energy and insulin is important for the cells to absorb this glucose. When the body cells loose the capacity to respond to the insulin or body is not capable of producing sufficient insulin, it leads to an increase in blood glucose levels in the body. This condition is referred to as diabetes. Depending on the cause of development, it is divided into three types, which includes type 1 diabetes (body loses the capacity of producing sufficient insulin), type 2 diabetes (most common and body cells do not respond to insulin) and gestational diabetes (occurs in pregnant women). Among these, type 2 diabetes is the most common type and affects over 90% of the global diabetic patients.
LPI (LP Information)' newest research report, the "Diabetes Drug Therapy Industry Forecast" looks at past sales and reviews total world Diabetes Drug Therapy sales in 2022, providing a comprehensive analysis by region and market sector of projected Diabetes Drug Therapy sales for 2023 through 2029. With Diabetes Drug Therapy sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Diabetes Drug Therapy industry.
This Insight Report provides a comprehensive analysis of the global Diabetes Drug Therapy 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 Diabetes Drug Therapy portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Diabetes Drug Therapy market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Diabetes Drug Therapy 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 Diabetes Drug Therapy.
The global Diabetes Drug Therapy market size is projected to grow from US$ 9489 million in 2022 to US$ 18940 million in 2029; it is expected to grow at a CAGR of 10.4% from 2023 to 2029.
United States market for Diabetes Drug Therapy is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Diabetes Drug Therapy is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Diabetes Drug Therapy is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Diabetes Drug Therapy players cover Abbott Laboratories, Mannkind Corporation, Bristol Myers Squibb, Medtronic, AstraZeneca, Eli Lilly and Company, GlaxoSmithKline, Sanofi and Novo Nordisk, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Diabetes Drug Therapy market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
- Oral
- Subcutaneous
- Intravenous
Segmentation by application
- Online Pharmacies
- Hospital Pharmacies
- Retail Pharmacies
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.
- Abbott Laboratories
- Mannkind Corporation
- Bristol Myers Squibb
- Medtronic
- AstraZeneca
- Eli Lilly and Company
- GlaxoSmithKline
- Sanofi
- Novo Nordisk
- Novartis International AG