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Diabetes Care Drugs Market Increasing Demand, Growth Analysis and Future Outlook by 2031
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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.
Diabetes Care Drugs Market Segmentation
By Drug Class
• Insulins
• Non-Insulin Injectable Drugs
• Oral Anti-Diabetic Drugs
• Combination Drugs
A full report of Diabetes Care Drugs Market is available at: https://www.omrglobal.com/industry-reports/diabetes-care-drugs-market
Diabetes Care Drugs Market- Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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.
• Johnson & Johnson Services Inc.
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