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Liraglutide And Semaglutide Market 2024 - By Share, Top Companies, Revenue Outlook And Growth Forecast By 2033
Liraglutide And Semaglutide Market
As per the report, the liraglutide and semaglutide market size has grown rapidly in recent years. It will grow from $13.65 billion in 2023 to $15.19 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The liraglutide and semaglutide market size is expected to see rapid growth in the next few years. It will grow to $23.54 billion in 2028 at a compound annual growth rate (CAGR) of 11.6%.
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What Is Driving The Growth Of The Global Liraglutide And Semaglutide Market?
Impact Of Rising Diabetic Patients On Liraglutide And Semaglutide Market
The rising number of diabetic patients is expected to propel the growth of the liraglutide and semaglutide markets going forward. Diabetes is a chronic condition characterized by elevated blood sugar levels due to insulin resistance and insufficient insulin production in the body. The rising number of diabetic patients is due to sedentary lifestyles, poor dietary habits, and genetic predispositions. Liraglutide and semaglutide are essential in treating diabetic patients by offering effective management of blood glucose levels and reducing the risk of complications associated with diabetes.
What Is The Key Trend In The Global Liraglutide And Semaglutide Market?
Advancements In Anti Diabetic Drug Development
Major companies operating in the liraglutide and semaglutide markets are developing anti-diabetic biosimilar drugs to enhance glucose control and reduce cardiovascular risks in diabetic patients. Anti-diabetic biosimilars are cost-effective, near-identical copies of original diabetes biologics intended to deliver the same health benefits as the original drugs.
How Is The Global Liraglutide And Semaglutide Market Segmented?
The liraglutide and semaglutide market covered in this report is segmented -
1) By Type: Pills, Liquid
2) By Administration: Parenteral, Oral
3) By Application: Type 2 Diabetes Mellitus, Obesity, Other Applications
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
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How Is The Competitive Landscape Of The Global Liraglutide And Semaglutide Market?
Major companies operating in the liraglutide and semaglutide market are Pfizer Inc., Merck & Co. Inc., Bristol-Myers Squibb, AstraZeneca, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Novo Nordisk A/S, Teva Pharmaceutical Industries Ltd., Otsuka Holdings Co. Ltd., Sun Pharmaceutical Industries Ltd., Sumitomo Pharma Co. Ltd., Shionogi & Co. Ltd., Cadila Pharmaceuticals, Kyowa Kirin Co. Ltd., Dr. Reddy's Laboratories Ltd., Biocon, Glenmark Pharmaceuticals Ltd., Bachem, Zealand Pharma, Shenzhen JYMed Technology Co. Ltd., Incepta Pharmaceuticals Ltd.
Contents Of The Global Liraglutide And Semaglutide Market
1. Executive Summary
2. Liraglutide And Semaglutide Market Report Structure
3. Liraglutide And Semaglutide Market Trends And Strategies
4. Liraglutide And Semaglutide Market - Macro Economic Scenario
5. Liraglutide And Semaglutide Market Size And Growth
…..
27. Liraglutide And Semaglutide Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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