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Alpha Glucosidase Inhibitors Market Report 2023-2032: Market Size, Trends, Overview And Analysis | Pfizer Inc., Roche, Bayer AG, Novartis AG, Sanofi AS
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Alpha Glucosidase Inhibitors Global Market Report 2023 identifies Rising diabetes prevalence globally as the major driver for the Alpha Glucosidase Inhibitors market's growth in the forecast period. Diabetes is a long-term metabolic condition marked by high blood glucose (also known as blood sugar) levels, which can seriously harm the heart, blood vessels, eyes, kidneys, and nerves over time.
The global alpha glucosidase market size is expected to grow from $3.88 billion in 2022 to $4.22 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of alpha glucosidase market is expected to reach $5.66 billion in 2027 at a CAGR of 7.6%.
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Major competitors in the Alpha Glucosidase Inhibitors market are Pfizer Inc., Roche, Bayer AG, Novartis AG, Sanofi AS.
A key trend in the Alpha Glucosidase Inhibitors market includes Product innovation. Major companies operating in the alpha-glucosidase inhibitors market are developing innovative products to sustain their position in the market. For instance, in January 2023, TheracosBio, a US-based pharmaceutical company, received approval from the U.S. Food and Drug Administration (FDA) for Brenzavvy (bexagliflozin) to treat adults with type 2 diabetes. Brenzavvy is a unique oral inhibitor of sodium-glucose cotransporter 2 (SGLT2). It is suggested as a supplement to diet and exercise to help people with type 2 diabetes better regulate their blood sugar levels by inducing the kidneys to excrete sugar through urine.
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The Alpha Glucosidase Inhibitors market is segmented -
1. By Type: Dumping Syndrome, Type 2 Diabetes
2. By Drug class: Acarbose, Miglitol, Voglibose
3. By Constituent: Glucoamylase, Isomaltase, Maltase, Sucrase
4. By Distribution Channel: Online Pharmacies, Retail Pharmacies, Hospital Pharmacies
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Alpha Glucosidase Inhibitors market.
The Business Research Company's "Global Alpha Glucosidase Inhibitors Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Alpha Glucosidase Inhibitors Market Include:
1. Executive Summary
2. Alpha Glucosidase Inhibitors Market Characteristics
3. Alpha Glucosidase Inhibitors Market Trends And Strategies
4. Alpha Glucosidase Inhibitors Market - Macro Economic Scenario
……
26. South America Alpha Glucosidase Inhibitors Market
27. Brazil Alpha Glucosidase Inhibitors Market
28. Middle East Alpha Glucosidase Inhibitors Market
29. Africa Alpha Glucosidase Inhibitors Market
30. Alpha Glucosidase Inhibitors Market Competitive Landscape And Company Profiles
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