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Oral Insulin Therapies for Diabetes Management Swallowing Hope Beyond the Needle Focusing on market growth

06-19-2024 04:41 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: InsightAce Analytic Pvt.Ltd

/ PR Agency: InsightAce Analytic Pvt.Ltd
Oral Insulin Therapies for Diabetes Management Swallowing Hope

Oral Insulin Therapies Market to Record an Exponential CAGR by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Oral Insulin Therapies Market- by Drug Class (Fast-acting, Intermediate-acting and Long-acting), Application (Type 1 diabetes and Type 2 diabetes), Gender (Female and Male), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

Get a free sample copy of the report: https://www.insightaceanalytic.com/request-sample/1102

According to the latest research by InsightAce Analytic, the global Oral Insulin Therapies market expected to show a CAGR of 36.4% during a forecast period of 2024-2031.

Oral Insulin: A Promising New Option for Diabetes Management
Millions of people with diabetes rely on insulin to manage their blood sugar levels. Traditionally, insulin has been delivered through injections. However, a new option is emerging: oral insulin therapy. This offers hope for patients with type 1 and type 2 diabetes who may find injections inconvenient or burdensome.
The Growing Need for Diabetes Treatment

Diabetes is a chronic condition affecting millions globally, and its prevalence is rising rapidly, particularly in the United States. Factors like sedentary lifestyles, unhealthy eating habits, and an aging population are contributing to this increase. This growing patient population creates a significant demand for effective diabetes treatment options.

The Rise of Oral Insulin Therapy
Oral insulin therapy offers several potential advantages over injectable insulin, including:
• Improved convenience and compliance: Oral medication may be easier for some patients to take than injections.

• Reduced discomfort: Eliminates the need for needles.
Given these advantages, the market for oral insulin therapy is expected to experience significant growth. However, there are still challenges to overcome:

• Low Bioavailability: Currently, oral insulin medications have low bioavailability, meaning the body absorbs less of the drug compared to injections.

• FDA Approval Uncertainties: Regulatory hurdles and the need for further clinical trials may delay widespread availability.

Market Drivers and Opportunities
Despite these challenges, several factors are driving the growth of the oral insulin therapy market:

• Increasing Diabetes Prevalence: The growing number of diabetic patients creates a larger potential market for oral insulin.

• Favorable Government Policies: Government initiatives supporting diabetes research and access to treatment options can accelerate market expansion.

• Rising Healthcare Expenditure: Increased healthcare spending may lead to more patients having access to new diabetes medications like oral insulin.

• Affordability Programs: The development of beneficial payment plans can make oral insulin therapy more accessible to a wider patient population.

Research and Development
Ongoing research and development efforts by pharmaceutical companies are

focused on improving:
• Drug Delivery Systems: Scientists are working on methods to enhance oral insulin bioavailability.

• Safety and Efficacy: Clinical trials are ongoing to establish the long-term safety and effectiveness of oral insulin therapies.

Geographic Markets
The market for oral insulin therapies is expected to benefit from growth in

several regions:
• North America: The high prevalence of diabetes and well-established healthcare infrastructure in North America position it as a significant market for oral insulin.

• Asia Pacific: The rapidly growing diabetic population and increasing investment in diabetes research in the Asia Pacific region present a promising market opportunity.

Key Players in the Market
Several pharmaceutical companies are actively involved in the development and

production of oral insulin therapies. Some of the key players include:
• Abbott Laboratories
• GlySens Incorporated
• Echo Therapeutics Inc.
• Sanofi
• Medtronic Plc
• Novo Nordisk
• Hoffmann-La Roche Ltd.
• MannKind Corporation
• Dexcom Inc.
• Senseonics Holding Inc.

I hope this revision improves readability by separating the explanation of oral insulin therapy from the market analysis and highlighting the specific drivers, challenges, and opportunities.

Recent collaborations and agreements in the market:
In April 2019, the oral diabetes medication Zynquista (sotagliflozin) would be the first to receive U.S. approval. Sanofi is currently conducting clinical trials for SAR341402, a biosimilar to Insulin Aspart.

Curious about this latest version of the report? Obtain Report Details @ https://www.insightaceanalytic.com/enquiry-before-buying/1102

Market Segments
Global Oral Insulin Therapies Market, by Drug Class, 2022-2030 (Value US$ Mn)
• Oral Insulin Therapies Therapy Products
• Drug Therapy
• Nicotine Sublingual Tablets
• Nicotine Inhalers
• E-cigarettes

Global Oral Insulin Therapies Market, by Application, 2022-2030 (Value US$ Mn)
• Type 1 diabetes
• Type 2 diabetes

Global Oral Insulin Therapies Market, by Gender, 2022-2030 (Value US$ Mn)
• Female
• Male

Global Oral Insulin Therapies Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Oral Insulin Therapies Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Oral Insulin Therapies Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Oral Insulin Therapies Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Oral Insulin Therapies Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Oral Insulin Therapies Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Oral Insulin Therapies market
 To receive an industry overview and future trends of the Oral Insulin Therapies market
 To analyze the Oral Insulin Therapies market drivers and challenges
 To get information on the Oral Insulin Therapies market value (US$ Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Oral Insulin Therapies market industry

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InsightAce Analytic Pvt. Ltd.
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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