Press release
Prevalence of Diabetes Drives Opportunities for Type-2 Diabetes Market
The Type-2 Diabetes Market Analysis, 2023, by MarkNtel Advisors, presents a well-researched, detail-driven, and accurate study for the stakeholders. This analysis entails prominent aspects like trends, & recent developments, drivers, opportunities, challenges, & restraints, among other parameters, influencing the overall industry expansion across different locations. This report comprises data from historic years (2018-21) & the base year (2022) to put together an estimation of the forecast period (2023-28).According to Type-2 Diabetes Market Research Report: Forecast (2023-2028), "The market is projected to grow at a CAGR of around 8.0% during the forecast period, i.e., 2023-28. The growth is aided by the increasing prevalence of type 2 diabetes stemming from unhealthy lifestyles, physical inactivity, and obesity. In addition, the rising geriatric population, along with the surging population with type-1 diabetes and the lack of proper healthcare infrastructure in emerging countries, are projected to boost the market growth."
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Segmentation & Regional Analysis
The Type-2 Diabetes Market is highly fragmented and comprises various bifurcations & geographies. These sections cover information on opportunities & challenges faced by the players, fluctuations in the demand, supply, revenue generation, size, sales, profits, volume, & price, among other parameters for the investors. The stakeholders can also attain an overview of the external factors influencing the industry expansion over the years. The Type-2 Diabetes industry bifurcates into the following segmentations:
By Drug Type
-Dipeptidyl Peptidase-4 (DPP-4) Inhibitors
-Alpha-glucosidase Inhibitors
-Biguanides
-Glucagon-Like Peptide-1 (GLP-1) Receptor Agonists
-Sodium-Glucose Cotransporter 2 Inhibitors (SGLT2)
-Sulfonylureas
-Other (Thiazolidinedione, Meglitinides, Glitazones, etc.)
By Gender
-Male
-Female
By Age Group
-Upto 19 years
-20 - 65 years
-Above 65 years
Check Out the Complete Research Study's Comprehensive Benchmark, Click Here - https://www.marknteladvisors.com/research-library/global-type-2-diabetes-market.html
North America's Surging Obesity Rate Generates Ample Opportunities
"Globally, North America captured a significant market share in the historical period and is expected to continue to do so in forthcoming years. The US acquires the major share attributed to the surge in the rate of obesity, cardiovascular, and chronic diseases in the country, proliferating type-2 diabetes growth. Furthermore, the growing prevalence of diabetes in adolescents, teenagers, and young adults, along with those over the age of 45, would fuel the market growth.", states the research report by Markntel Advisors.
"On the other hand, Asia-Pacific is expected to have major growth in the forthcoming years. It is aided by the astronomical increase in type-2 diabetes cases in Asia-Pacific. In addition, the increase in the geriatric population and growing lifestyle changes are expected to affect the industry growth," further states the research report.
Competitive Projection & Analysis
Out analysts at Markntel Advisor bring data in the section covering key strategies of the players adopted to sustain amidst the dynamic market & yield higher profits. This information comprises the recent developments, mergers & acquisitions, product/service launches, expansion plans, & opportunities utilized to attain revenue, alongside the role & participation of the governments and more.
The researchers have rigorously profiled each company operating in the industry, offering insights to the stakeholders about the competition and allowing them to strategize their tactics using the data put together in the report. The prominent players profiled in the report include Merck & Co, AstraZeneca, Novo Nordisk, Bristol-Myers Squibb, Eli Lilly, Sanofi, Boehringer Ingelheim, Pfizer, Takeda, Biocon, and Johnson & Johnson.
For Any Additional Information or Questions About This Report, Please Contact Us @ - https://www.marknteladvisors.com/query/talk-to-our-consultant/global-type-2-diabetes-market.html
Customization Offers
To avail of exciting offers & customization services on the report, reach out to MarkNtel Advisors and get a personalized analysis of the Type-2 Diabetes Market. Out researchers compile data for the stakeholders, incorporating all the prominent aspects influencing the industry expansion alongside the particular chapters requested. This detail-driven, unbiased, and accurate data on grounds curating the fundamentals underlying the market potential & lucrative opportunities shall benefit the investors in numerous ways in the future.
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MarkNtel Advisors LLP
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E-mail: - sales@marknteladvisors.com
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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