Know about Prediabetes Market future trends by drug class and age group, Forecast 2024 - 2031 | Novo Nordisk, Valbiotis, Resverlogix Corp., SciMar, Aphaia Pharma, AstraZeneca, Bristol Myers Squibb, Medtronic

Prediabetes refers to an intermediate stage of glucose dysregulation situated between standard glucose tolerance and diagnosed diabetes. People with prediabetes exhibit elevated blood glucose levels exceeding the normal range but haven't met the criteria for a diabetes diagnosis. Prediabetes usually develops when the body either stops producing enough insulin to properly manage blood sugar or becomes resistant to it. Prader-state diabetes is associated with a poor diet, hereditary susceptibility, obesity, and inactivity. Since prediabetes frequently manifests without symptoms, routine blood testing are essential for diagnosis. Modifications in lifestyle, such losing weight, eating well, and exercising more, can help stop or slow the onset of type 2 diabetes.

The Global Prediabetes Market in terms of revenue was estimated to be worth USD XX billion in 2023 and is poised to grow at a CAGR of 7.21 % from 2024 to 2031.

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Top Key Players Profiled in This Report:
Novo Nordisk, Valbiotis, RESVERLOGIX, Caelus Health, SciMar, Boston Therapeutics, Aphaia Pharma, AstraZeneca, Bristol-Myers Squibb, Medtronic and other prominent players.

Prediabetes Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

The key questions answered in this report: -

1. What will be the Market Size and Growth Rate in the forecast year?
2. What are the Key Factors driving Prediabetes Market?
3. What are the Risks and Challenges in front of the market?
4. Who are the Key Vendors in Prediabetes Market?
5. What are the Trending Factors influencing the market shares?
6. What are the Key Outcomes of Porter's five forces model?
7. Which are the Global Opportunities for Expanding the Prediabetes Market?

Various factors are responsible for the market's growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Prediabetes Market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Prediabetes Market's trajectory between forecast periods.

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Prediabetes Market Segmentation by Drug Class:
• Diguanide
• Thiazolidinediones
• Glucagon-like Peptide-1 Agonists (GLP-1)
• SGLT2 Inhibitors
• DPP-4 Inhibitors
• Others

Prediabetes Market Segmentation by Age Group:
• Children (12-18 years)
• Adults (18-49)
• Elderly (50+)

Prediabetes Market by Regions:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Emerging Trends in the Asia Pacific Prediabetes Market

Forecasts indicate that the Asia Pacific region will experience the most rapid Compound Annual Growth Rate (CAGR) in the forthcoming period. This growth can be attributed to several factors. Firstly, the escalating pace of urbanization coupled with the adoption of sedentary lifestyles has led to a surge in prediabetes cases. Secondly, genetic predispositions and dietary patterns, characterized by high consumption of sugary and processed foods, significantly contribute to this rise. Additionally, the aging populace and shifting demographics are further exacerbating the prevalence of prediabetes across the region.

In China, numerous factors influence the prediabetes market. Cultural attitudes towards health influence healthcare-seeking behaviors and management approaches for prediabetes. Furthermore, the aging demographic and escalating obesity rates compound the issue. As reported by Science Direct in March 2023, approximately one-third of China's population is grappling with prediabetes.

Japan anticipates the most rapid CAGR in its prediabetes market in the forecasted period. According to the National Center for Biotechnology Information (NCBI) in February 2023, skipping breakfast among overweight Japanese adolescents has been correlated with prediabetes. Encouraging a regular breakfast routine could serve as a preventive measure against prediabetes. Moreover, heightened awareness regarding this association might spur greater demand for diagnostic tests and screening services among healthcare providers, thereby propelling market growth.

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