Press release
Diabetes Drugs Market By Products & Services (Insulin Derivatives, Rapid-acting insulin, Intermediate-acting insulin, Long-acting insulin) By Application (Type 1 Diabetes, Type 2 Diabetes) - Global outlook Analysis and Industry Forecast, 2017-2022
Diabetes Drugs Market
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Abbott Laboratories (U.S.), Novartis AG (Switzerland), Novo Nordisk (Denmark), Bayer Healthcare AG (Germany) , Johnson & Johnson (U.S) and Sanofi (France) are some of the key players in the Diabetes Drug Market with Novo Nordisk (Denmark) holding the significant market share because of its better global presence both at production and at an operational level. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.
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Drivers:
• Improved diagnosis and advances in treatment
• Increasing diabetic population
Restraints:
• Lack of awareness among people
• Increased Risk of Cardiovascular Complications
Opportunities:
• Launching of advance and new Anti-Diabetes Drugs
• High growth opportunity in the Emerging Market
Challenges:
• Other emerging therapy markets
• Patent Expiries and Rising Competition of Generic Drugs
The global diabetes drug market id segmented on the basis of products & services, by application and by region. On the basis of products and services, the Insulin Derivative segment is expected to hold the highest market share during the forecast period. Due to its high price, rising geriatric population and need & demand for insulin.
On the basis of application, the market is segmented as type 1 and type 2 diabetes, in which type 2 diabetes holds the highest market share owing to the 90% of diabetic patients suffering from type 2 diabetes.
Key Benefits for Stakeholders
• Diabetes Drug Manufacturers and biotechnological institute
• Blood banks, private hospitals and institutes
• Research and Consulting organization.
• Medical research laboratories
By Products & Services
Insulin Derivatives
• Rapid-acting insulin
• Intermediate-acting insulin
• Long-acting insulin
Oral Diabetic Medication Drugs
• Sulfonylurea
• Metformin
• Alpha-Glucosidase inhibitor
• Thiazolidinediones
• Biguanide
• Meglitinides
• GPP4-Inhibitors
• GLP-1
By Application
• Type 1 Diabetes
• Type 2 Diabetes
By Region
• North America
• Europe
• Asia-Pacific
• RoW
Key Market Players
• Abbott Laboratories
• AstraZeneca PLC
• Bayer Healthcare AG
• Dexcom Inc.
• GlaxoSmithKline PLC
• Johnson & Johnson
• Sanofi
• Merck & Co.
• Novartis AG
• Novo Nordisk
(Another brief information of 10 companies will be provided in the report.)
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About Us:
Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.
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