South Korea Dipeptide Peptidase 4 (DPP-4) Inhibitors Market Evolution Segmentation and Insight of Trends 2023 to 2028 with Top Countries Data

The South Korea Dipeptide Peptidase 4 (DPP-4) Inhibitors Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global South Korea Dipeptide Peptidase 4 (DPP-4) Inhibitors market. This report explores all the key factors affecting the growth of the global South Korea Dipeptide Peptidase 4 (DPP-4) Inhibitors market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Report Overview

The South Korea dipeptide peptidase 4 (DPP-4) inhibitors market size stood at around USD 415.5 million in 2019 and is projected to reach xx million by 2028, exhibiting a CAGR of around xx % during the forecast period.

Dipeptidyl peptidase-4 (DPP-4) inhibitors are a class of oral diabetes drugs. Also known as gliptins, they are usually prescribed for people with type 2 diabetes who have not responded well to drugs such asmetformin and sulphonylureas. DPP-4 inhibitors may help withweight lossas well as decreasing blood glucose levels.

They work by blocking the action of DPP-4, an enzyme which destroys a group of gastrointestinal hormones called incretins. Incretins help stimulate the production of insulin when it is needed and reduce the production ofglucagonby the liver when it is not needed. They also slow down digestion and decrease appetite.

Market Drivers

Increase in incidence of diabetes and its related complications such as cardiovascular disease, nephropathy, retinopathy, and neuropathy and rise in geriatric population fuel the market growth. DPP- 4 inhibitors also help in weight loss as they slow down the digestion and reduce appetite, so rise in the cases of obesity also propel the market drive. Furthermore, increasein clinical trials, research and development on the DPP-4 drugs is impacting the market positively. However, side effects such as urinary tract infection and respiratory tract infection restraints the market growth.

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Market Segmentation

By Drugs:

On the basis of drugs, the market is segmented into sitagliptin, saxagliptin, linagliptin, alogliptin, vildagliptin and others.

In 2018, MSD Korea's Januvia line (Januvia, Janumet, Janumet XR) led the market with over USD 135.4 million in outpatient prescriptions in the domestic DPP-4 inhibition mechanism diabetes treatment market.

Top Players

Competition in DPP-4 market is fierce. Leading companies in the domestic market are MSD Korea, Boehringer Ingelheim, LG Chem, Novartis Korea, Takeda Pharmaceuticals, Handok Pharmaceuticals, AstraZeneca, JW Pharmaceuticals, Dong-A ST.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global South Korea Dipeptide Peptidase 4 (DPP-4) Inhibitors Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global South Korea Dipeptide Peptidase 4 (DPP-4) Inhibitors Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the South Korea Dipeptide Peptidase 4 (DPP-4) Inhibitors market
Chapter 2: Exclusive Summary - the basic information of the South Korea Dipeptide Peptidase 4 (DPP-4) Inhibitors Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the South Korea Dipeptide Peptidase 4 (DPP-4) Inhibitors
Chapter 4: Presenting the South Korea Dipeptide Peptidase 4 (DPP-4) Inhibitors Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the South Korea Dipeptide Peptidase 4 (DPP-4) Inhibitors market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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