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Non-Insulin Anti-diabetes Drugs Market to Soar at 7.5% CAGR from 2022 to 2030, Led by Oral Drugs Segment Growth at 7.8%

06-04-2024 02:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

According to Dataintelo's latest report, the non-insulin anti-Diabetes Drugs market is set to experience a significant surge, with an estimated Compound Annual Growth Rate (CAGR) of 7.5% between 2022 to 2030. The increase is primarily ascribed to rising diabetes prevalence, an increase in awareness about the disease and the available treatment options, and recent advancements in non-insulin anti-diabetes drugs.

The report segments the market based on drug type into oral and injectable drugs. The oral drugs segment held the majority share in 2020 and is anticipated to expand at a CAGR of 7.8% from 2020 to 2030. Meanwhile, the injectable drugs segment is expected to exhibit a growth rate of 7% within the same forecast period.

The detailed market research report provides an in-depth analysis of the market dynamics, challenges and opportunities, competitive landscape, technological advancements, and other key factors driving the growth of the non-insulin anti-diabetes drugs market.

By strategically analyzing the industry trends and growth drivers, the report aims to help stakeholders, businesses, and investors make informed decisions. It provides comprehensive insights into the market, offering a clearer understanding of the ongoing trends and potential growth regions that could revolutionize the non-insulin anti-diabetes drugs market in the coming years. An increasing emphasis on improving diabetes management and patient care could further propel the demand for innovative and effective non-insulin anti-diabetes drugs.

The report is a valuable resource for pharmaceutical manufacturers, researchers, healthcare professionals, decision-makers, and others in the medical sector aiming to stay ahead in today's fast-paced and dynamic market. The substantial growth projections in the report reveal unexplored territories and new opportunities in the non-insulin anti-diabetes drugs market

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/155492

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The non insulin anti diabetes drugs market has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— Oral Drugs
โ— Injectable Drugs

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Hospital Pharmacies
โ— Retail Pharmacies
โ— Online Pharmacies

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— Sanofi
โ— Abbott
โ— AstraZeneca
โ— Eli Lilly
โ— Roche
โ— GlaxoSmithKline
โ— Johnson & Johnson
โ— Novartis



The non insulin anti diabetes drugs market is segmented based on type, application, and region. Under type, the main subcategories include oral and injectable drugs. Oral drugs are considered a convenient mode of administering non insulin anti-diabetes drugs and hence, have a significant share in the market. Injectable drugs are mostly used when oral medications are not effective in maintaining the blood glucose level.

In terms of regional breakdown, the market is dominated by North America due to well-established healthcare infrastructure and higher spending capacity of people. Asia Pacific region is witnessing a surge in demand for non insulin anti diabetes drugs due to the growing prevalence of diabetes in countries like India and China. The market in Europe and Latin America is also expected to exhibit considerable growth. Middle East and Africa are expected to offer lucrative opportunities for non-insulin anti-diabetes drugs market due to an increase in healthcare expenditure and rising awareness about diabetes. The key players in the non insulin anti diabetes drugs market include Sanofi, Abbott, AstraZeneca, Eli Lilly, Roche, GlaxoSmithKline, Johnson & Johnson, and Novartis

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/155492

Market Drivers:

1. Rising Global Prevalence of Diabetes: The increasing number of diabetic patients worldwide is the primary driver for the growth of the non-insulin anti-diabetes drugs market. The International Diabetes Federation reported that by 2045, there would be around 700 million people living with diabetes.

2. Sedentary Lifestyle: The increasing sedentary lifestyle is leading to obesity, which is considered a significant risk factor for type-2 diabetes, thereby driving the demand for such drugs.

3. Aging Population: An increase in the aging population is directly contributing to the growth of diabetic patients, hence increasing the need for non-insulin anti-diabetes drugs.

4. Government Initiatives: Governments' initiatives for diabetes management and the World Health Organisation (WHO)'s initiatives for creating awareness about diabetes management could provide a significant boost to the market.

Opportunities:

1. Technological advancements: Development of new classes of drugs such as GLP-1 receptor agonists, DPP-4 inhibitors and SGLT2 inhibitors offer vast opportunities for the market players.

2. Increased R&D investment: Rising research and development activities to manufacture more effective drugs presents a significant opportunity.

3. Expansion into emerging markets: Rapidly developing healthcare infrastructure and the increasing focus of international players on emerging markets such as Asia-Pacific and Latin America could lead to opportunities for growth.

4. Personalized Medicine: Advancements in genomics and personalized medicine offer the possibility of tailoring treatment to individual patients, improving efficacy and reducing side effects.

5. Collaboration and Partnership: Collaborations between pharmaceutical companies, and academia for drug development can provide lucrative growth prospects

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/155492

This report from Dataintelo should be bought by professionals involved in information technology, market research analysis, business investment planning, finance services, business planning services, company executives, and other decision-makers who want in-depth and accurate analysis for strategic planning.

Good things about Dataintelo include:

1. Comprehensive Reports: Dataintelo offers thorough, in-depth reports with a strong focus on accuracy, ensuring clients get all the information they need to make informed business decisions.

2. Industry Expertise: The firm has strong industry expertise and leverages that to provide detailed insight into various metrics, trends, and forecasts.

3. Use of Latest Technologies: It uses the latest analytical tools and data modelling techniques to interpret and compile data, making for highly detailed and reliable reports.

4. Customer Support: Dataintelo offers top-notch customer support to ensure satisfactory service to its clients.

5. Global Coverage: The firm has data points and analysis from around the globe, equipping its clients with a much needed international perspective.

6. Customized Reports: Dataintelo provides its clients with personalized reports, tailored to their unique business requirements.

7. Competitive Analysis: The reports provide competitive analysis, which helps companies discover and exploit new market opportunities.

8. Updated Information: The firm continually updates its data and analysis to ensure clients are working with the most recent and relevant information

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ:

๐ƒ๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

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