Press release
Global Diabetes Drugs Market: Segment Snapshot and Table of Content (2017-2025)
According to the research report, the global diabetes drugs market was valued at US$43.1 bn in 2016 at is expected to be worth US$58.4 bn by the end of 2025. During the forecast years of 2017 and 2025, the global market is expected to surge at a CAGR of 3.6%. Out of the various types of diabetes, the demand for drugs to treat Type 2 Diabetes is likely to be on the rise during the forecast period. In terms of geography, North America is expected to dominate the global market as healthcare expenditure in the region is poised to improve at a remarkable rate.
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The Global Diabetes Drugs market is segmented on the basis of Therapy, Disease Type, Distribution Channel and Geography.
In terms of disease type, the market is segmented into type 1 diabetes, type 2 diabetes, gestational diabetes, and impaired glucose tolerance and impaired fasting glycaemia. In terms of disease type, the diabetes drugs market has been segmented into type 1 diabetes, type 2 diabetes, gestational diabetes, and impaired glucose tolerance and impaired fasting glycaemia. The research report states that the Type 2 diabetes holds a leading share in the global market due to its higher prevalence. Accelerated pace of obesity amongst urban dwellers, improving access to healthcare, and rising disposable income are all expected to make positive impact on this segment. Sedentary lifestyle characterized by poor dietary habits is expected to spike the diagnostic rate of Type 2 diabetes. Meanwhile, Type 1 diabetes is expected to be the second leading segment. Gestational diabetes and impaired glucose tolerance and impaired fasting glycaemia are projected to grow during at a steady pace as well due to changing genetics.
The diabetes drugs market is classified on the basis of therapy type, disease type, distribution channels, and region. Based on the therapy type, the market is divided into glucagon-like peptide-1 (GLP-1) agonist, Dipeptidyl-peptidase-4 (DPP-4) inhibitors, sodium glucose co-transporter 2 (SGLT2) inhibitors, Insulin and others. Based on distribution channel, the market has been categorized into hospital pharmacies, retail pharmacies, and online pharmacies. Out of these distribution channels, hospitals pharmacies held a leading share in the global market due to availability of trained staff to sell medicines. Analysts expect that online pharmacies are also expected to show remarkable progress in the near future due to emergence of e-commerce and growing number of tech-savvy consumers.
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Geographically, the diabetes drugs market has been segmented into 5 major regions, which are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America accounted for the highest revenue in 2016, due to high prevalence of diabetes in the region. Europe is anticipated to hold second large market share in 2016 owing to increasing investment in research & development and promising pipeline of diabetes drugs in Europe. Asia Pacific is expected to grow fast, owing to the increasing awareness and promotion in the region. Middle East & Africa is anticipated to grow during the forecast period due to increasing prevalence of diabetes and growing disposable income especially in Middle East countries in the region. Latin America is expected to grow during the forecast period owing to overdependence of physicians and patients on insulin.
Summary of Table of Content
1. Preface
2. Assumptions and Research Methodology
3. Executive Summary: Global Diabetes Drugs Market
4. Market Overview
5. Global Diabetes Drugs Market Analysis and Forecasts, By Therapy
6. Global Diabetes Drugs Market Analysis and Forecasts, By Disease Type
7. Global Diabetes Drugs Market Analysis and Forecasts, By Distribution Channel
8. Global Diabetes Drugs Market Analysis and Forecasts, By Region
9. North America Diabetes Drugs Market Analysis and Forecast
10. Europe Diabetes Drugs Market Analysis and Forecast'
11. Asia Pacific Diabetes Drugs Market Analysis and Forecast
12. Middle East & Africa Diabetes Drugs Market Analysis and Forecast
13. Latin America Diabetes Drugs Market Analysis and Forecast
14. Competition Landscape
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