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Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market Size, Insights, Growth Rate, Trends Analysis And Forecast To 2033
Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market
As per the report, the sodium glucose cotransporter 2 (SGLT2) inhibitors market size has grown strongly in recent years. It will grow from $9.37 billion in 2023 to $10.17 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The sodium glucose cotransporter 2 (SGLT2) inhibitors market size is expected to see strong growth in the next few years. It will grow to $14.19 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%.
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What Is Driving The Growth Of The Global Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market?
Rising Diabetes Prevalence Boosts Sodium Glucose Cotransporter 2 (SGLT2) Inhibitor Market Growth
The increasing prevalence of diabetes is expected to propel the growth of the sodium glucose cotransporter 2 (SGLT2) inhibitor market going forward. Diabetes refers to a group of metabolic disorders characterized by high blood sugar levels resulting from defects in insulin secretion, insulin action, or both. The rise in diabetes cases can be attributed to factors such as urbanization, stress, environmental pollutants, and a lack of access to healthcare services. Sodium glucose cotransporter 2 (SGLT2) inhibitors are used in diabetes treatment to lower blood glucose levels by preventing glucose reabsorption in the kidneys, leading to its excretion in urine. They also offer cardiovascular and renal benefits, making them a valuable option for managing diabetes and its complications.
What Is The Key Trend In The Global Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market?
Innovations In SGLT2 Inhibitors For Enhanced Diabetes And Heart Failure Management
Major companies operating in the sodium glucose cotransporter 2 (SGLT2) inhibitor market are focused on developing dual inhibitor therapeutic solutions to improve patient outcomes and manage blood sugar levels. Dual inhibitor therapeutic solutions refer to treatments that simultaneously target two different sodium-glucose cotransporters (SGLT1 and SGLT2) to enhance efficacy in managing conditions such as heart failure and diabetes.
How Is The Global Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market Segmented?
The sodium glucose cotransporter 2 (SGLT2) inhibitors market covered in this report is segmented -
1) By Type: Invokana, Jardiance, Farxiga Or Forxiga, Suglat
2) By Route Of Administration: Oral Route, Other Route Of Administration
3) By End User: Hospitals, Homecare Settings, Clinics
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How Is The Competitive Landscape Of The Global Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market?
Major companies operating in the sodium glucose cotransporter 2 (SGLT2) inhibitors market are Pfizer Inc., Johnson & Johnson Inc., Merck & Co. Inc., Bayer AG, Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca plc, Eli Lilly and Company, Boehringer Ingelheim International GmBH, Astellas Pharma Inc, Daiichi Sankyo Company Limited, Sun Pharmaceutical Industries Ltd, Sumitomo Dainippon Pharma Co. Ltd., Taisho Pharmaceutical Holdings Co. Ltd., Lupin Limited, Glenmark pharmaceuticals, Torrent Pharmaceuticals Ltd, Mankind Pharma Ltd, Kissei Pharmaceutical Co. Ltd., Patsnap Synapse, Kotobuki pharmaceutical Co Ltd.
Contents Of The Global Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market
1. Executive Summary
2. Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market Report Structure
3. Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market Trends And Strategies
4. Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market - Macro Economic Scenario
5. Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market Size And Growth
…..
27. Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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