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Top Factor Driving Antidiabetics Market Growth in 2025: Impact Of The Rising Incidence Of Lifestyle Related Conditions On The Growth Of The Antidiabetics Market
Antidiabetics Market Research Market Research
The market size of antidiabetics has seen speedy growth in the past few years. It is projected to escalate from $76.03 billion in 2024 to $84.84 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 11.6%. The growth experienced during the previous period can be credited to the surge in global diabetes cases, innovation in drug development, heightened awareness and diagnosis, favourable government regulations, an aging population, inactive lifestyles, and a rise in healthcare spending.
The size of the antidiabetics market is anticipated to witness substantial growth in the coming years, expanding to $130.12 billion in 2029 with a compound annual growth rate (CAGR) of 11.3%. The growth during the predicted period can be credited to factors such as increasing diabetes cases, rising awareness and diagnosis, enhanced spending on healthcare, a growing number of elderly individuals, and government health initiatives and policies. Key trends for the forecast period encompass the growth in GLP-1 receptor agonists and SGLT2 inhibitors, the expansion of biologics and biosimilars, a focus on preventive healthcare, growth in emerging markets, and the integration of technology.
What Factors Are Propelling the Expansion of the Antidiabetics Market?
The uptick in health problems associated with lifestyle habits is projected to boost the antidiabetics market in the future. These lifestyle-related conditions are health complications triggered or worsened by behaviors including unhealthy eating, sedentariness, smoking, and heavy drinking. The prevalence of health issues related to such habits is on the rise due to bad nutrition, lack of physical activity, and mounting stress levels. Antidiabetic drugs can aid in managing lifestyle-induced conditions such as obesity and metabolic syndrome by enhancing insulin responsiveness and regulating blood glucose levels. For instance, the World Health Organization, which is based in Switzerland, revealed in March 2022 that about 1 billion people globally, including 650 million adults, 340 million adolescents, and 39 million children, were experiencing obesity. This figure is growing. By 2025, it is projected that about 167 million adults and children will be suffering health impacts due to being overweight or obese. Therefore, the escalating prevalence of lifestyle-related conditions is fueling growth of the antidiabetic market.
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Who Are the Dominant Companies Influencing Antidiabetics Market Trends?
Major companies operating in the antidiabetics market are Pfizer Inc., Johnson & Johnson, Merck & Co. Inc., Bayer AG, Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca plc, Abbott Laboratories, Novartis AG, Takeda Pharmaceutical Company Limited, GSK plc, Eli Lilly and Company, Amgen Inc., Boehringer Ingelheim International GmbH, Gilead Sciences Inc., Novo Nordisk A/S, Teva Pharmaceutical Industries Ltd., Regeneron Pharmaceuticals Inc., Astellas Pharma Inc., Biogen, Vertex Pharmaceuticals Incorporated, Servier Laboratories, Sun Pharmaceutical Industries Limited, Cipla Limited, Dr. Reddy's Laboratories, Lupin Limited, Torrent Pharmaceuticals Ltd, Biocon Limited, Glenmark Pharmaceuticals Ltd.
How Is the Antidiabetics Market Evolving?
Leading firms in the antidiabetics market are innovating and producing better products including the anti-diabetic biosimilar, aimed at enhancing glycemic control, minimizing the probability of cardiovascular incidents, and providing superior treatment avenues for people with diabetes. An anti-diabetic biosimilar is an equivalent of a pre-approved reference drug used for diabetes treatment, ensuring similar safety, effectiveness, and quality. For example, in January 2024, Glenmark Pharmaceuticals Limited, a pharmaceutical company based in India, introduced the first biosimilar of Liraglutide, an anti-diabetic medication. The Liraglutide biosimilar, marketed as Lirafit, aids in glycemic control for adults suffering from type 2 diabetes mellitus. Clinical studies reveal it reduces glycemic parameters, assists in weight loss, and promotes cardiovascular safety. As a GLP-1 receptor agonist, it elevates glucose-dependent insulin release and curtails unnecessary glucagon secretion. It is internationally certified for the management of type 2 diabetes in adults.
What Are the Different Segmentations in the Antidiabetics Market?
The antidiabetics market covered in this report is segmented -
1) By Drug Class: Insulin, GLP-1 Receptor Agonists, DPP- 4 Inhibitors, SGLT2 Inhibitors, Other Drug Classes,
2) By Diabetes Type: Type 1, Type 2
3) By Patient Population: Antidiabetics For Pediatrics, Antidiabetics For Adults, Antidiabetics For Geriatrics
4) By Route Of Administration: Antidiabetics Administration Through Insulin Syringes Or Insulin Pens, Antidiabetics Administration Through Insulin Pumps, Intravenous Antidiabetics Infusion, Oral Antidiabetics Administration, Other Routes Of Antidiabetics Administration
5) By Distribution Channel: Online Pharmacies, Hospital Pharmacies, Retail Pharmacies
Subsegments:
1) By Insulin: Rapid-Acting Insulin, Short-Acting Insulin, Intermediate-Acting Insulin, Long-Acting Insulin, Premixed Insulin
2) By GLP-1 Receptor Agonists: Exenatide, Liraglutide, Dulaglutide, Semaglutide, Lixisenatide
3) By DPP-4 Inhibitors: Sitagliptin, Saxagliptin, Linagliptin, Alogliptin
4) By SGLT2 Inhibitors: Canagliflozin, Dapagliflozin, Empagliflozin, Ertugliflozin
5) By Other Drug Classes: Sulfonylureas, Thiazolidinediones (TZDs), Alpha-Glucosidase Inhibitors, Meglitinides, GLP-1/Insulin Combination Therapy
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Which Region Is at the Forefront of the Antidiabetics Market?
North America was the largest region in the antidiabetics market in 2023. The regions covered in the antidiabetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Antidiabetics Global Market Report?
- Market Size Analysis: Analyze the Antidiabetics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Antidiabetics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Antidiabetics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Antidiabetics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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