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Global Diabetes Care Drugs Market Trends, Size, Competitive Analysis and Forecast 2020-2026

12-09-2020 11:14 AM CET | Health & Medicine

Press release from: ORION MARKET RESEARCH

Global Diabetes Care Drugs Market Trends, Size, Competitive

The global diabetes care drug market is projected to grow at a CAGR of over 4% during the forecast period. Diabetes is among the major health issues across the globe and it has reached alarming levels. The key factor that drives the growth of the market includes the increasing prevalence of diabetes across the globe. As per the International Diabetes Federation (IDF), around 463 million peoples had diabetes globally in 2019. The global prevalence of diabetes is projected to augment to 578 million by 2030, and 700 million by 2045. It is expected that around 4 million mortalities were observed in 2019 in the age range of 20–79 years;in addition to this, more than one million children and adolescents are living with type 1 diabetes.

Request a Free Sample of our Global Diabetes Care Drugs Market : https://www.omrglobal.com/request-sample/diabetes-care-drugs-market

As per IDF, the annual global health expenditure on diabetes was around $760 billion in 2019. It is further estimated to reach $825 billion by 2030 and $845 billion by 2045. The expenditure includes consulting services, drugs and device costs, and other additional costs. There are different ways to treat diabetes which include weight loss, healthy eating, regular exercise, diabetes medication, or insulin therapy.Thus, this is likely to enhance the adoption of diabetes care drugs and thereby drives the market growth during the forecast period. However, the availability of alternatives such as diabetes care devices such as insulin pumps and others is projected to hamper market growth during the forecast period.

A full Report of Global Diabetes Care Drugs Market is Available at: https://www.omrglobal.com/industry-reports/diabetes-care-drugs-market

Global Diabetes Care Drugs Market Segmentation

By Drug Class

Insulins

Non-Insulin Injectable Drugs

Oral Anti-Diabetic Drugs

Combination Drugs

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Astellas Pharma Inc.

AstraZeneca Plc

Bayer AG

Bausch Health Companies Inc.

Biocon Ltd.

Boehringer Ingelheim International GmbH

Bristol Myers Squibb Co.

Eli Lilly and Co.

Generex Biotechnology Corp.

Johnson & Johnson Services Inc.

Merck & Co. Inc.

Midatech Pharma Plc

Mylan NV

Novartis International AG

Novo Nordisk A/S

Oramed Pharmaceuticals Inc.

Pfizer Inc.

Sanofi SA

Takeda Pharmaceuticals Co.Ltd.

Teva Pharmaceuticals Industries Ltd.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/diabetes-care-drugs-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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