Press release
Dipeptide Peptidase 4 Inhibitors Market Poised for 5.3 % Growth, Set to Hit $2.49 Billion by 2029
How Is the Dipeptide Peptidase 4 Inhibitors Market Projected to Grow, and What Is Its Market Size?The market size of the Dipeptide Peptidase 4 inhibitors has seen a robust growth in the recent years. The market, which is expected to be worth $11.3 billion in 2024, is estimated to reach $11.92 billion in 2025 with a 5.6% compound annual growth rate (CAGR). This ascension in the historic period can be credited to better access to diabetes medication, enlargement of indications for DPP-4 inhibitors beyond type 2 diabetes, escalated use of DPP-4 inhibitors in triple therapy schemes, growing older population, heightened focus on healthcare and disease prevention, an increase in oral anti-diabetic drugs, and a surge in their adoption in primary healthcare environments.
In the upcoming years, the dipeptide peptidase 4 inhibitors market is projected to experience substantial growth, escalating to $14.65 billion in 2029 with a CAGR of 5.3%. This expected growth during the forecast period is attributed to factors such as the rising occurrences of type 2 diabetes, increasing need for efficient diabetes management, the aging demographic witnessing higher incidences of diabetes, the growing focus on personalized healthcare, greater acceptance of DPP-4 inhibitors in emerging markets, escalating rates of diabetes and associated complications, along with higher demand for diabetes management. Significant trends anticipated during this forecast period encompass collaborations, product approvals, as well as research and development activities.
What Are the Main Catalysts for Growth in the Dipeptide Peptidase 4 Inhibitors Market?
The dipeptide peptidase 4 inhibitors market is anticipated to expand due to an increase in diabetes cases. A chronic medical condition, diabetes affects the body's ability to process glucose (sugar), essential for cell energy production. The disease's prevalence is rising mainly due to the widespread sedentary lifestyles and unhealthy dietary behaviors in today's societies. Dipeptidyl peptidase 4 inhibitors assist in diabetes control through improved glucose metabolism by preventing the breakdown of incretin hormones. The International Diabetes Federation, a Belgium-based health organization, highlighted in 2024 that 537 million adults (1 in 10) suffered from diabetes in 2021, a number projected to grow to 643 million by 2030 and 783 million by 2045. Consequently, surging diabetes cases act as a driver for the dipeptide peptidase 4 inhibitors market. Further driving the growth of the dipeptide peptidase 4 inhibitors market is the increase in government-led initiatives aimed at diabetes management. These initiatives include a range of policies, actions, or programs established by governing entities across different scales (local, regional, national, or international) to tackle certain problems, boost public wellbeing, or realize specific objectives. Government-led efforts in managing diabetes are on the rise due to concerns about health management, economic impact, and equality in health. These initiatives play a significant role in developing dipeptide peptidase 4 inhibitors by promoting healthcare amenities, ensuring accessibility, fostering innovation, and supporting pharmaceutical research and investment. For example, the Australian Government Department of Health, an Australian government agency, launched the Australian National Diabetes Strategy 2021-2030 in 2023. This strategy underscores the necessity to prevent, detect, and manage diabetes and aligns with international policies such as the Global Action Plan for the Prevention and Control of Non-Communicable Diseases and the WHO Global Diabetes Compact. Thus, enhanced government initiatives addressing diabetes management steer the growth of the dipeptide peptidase 4 inhibitors market.
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Who Are the Major Industry Players Fueling Dipeptide Peptidase 4 Inhibitors Market Expansion?
Major companies operating in the dipeptide peptidase 4 inhibitors market are Merck & Co. Inc., Novartis AG, Bristol Myers Squibb Company, AstraZeneca Plc, GlaxoSmithKline Plc, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Takeda Pharmaceutical Company Limited, Daiichi Sankyo Company Limited, Macleods Pharmaceuticals Ltd., Mitsubishi Tanabe Pharma Corp., Dr. Reddy's Laboratories Ltd., Cipla Limited, Cadila Healthcare Limited, Lupin Limited, Zydus Lifesciences Ltd., Glenmark Pharmaceuticals Ltd., Aurobindo Pharma Limited, Alkem Laboratories Ltd., Torrent Pharmaceuticals Limited, Biocon Limited, LG Life Sciences, USV Private Limited, Sanwa Kagaku Kenkyusho Co. Ltd., Kowa Company Ltd
Which Key Developments Are Influencing the Dipeptide Peptidase 4 Inhibitors Market?
How Is the Segmentation of the Dipeptide Peptidase 4 Inhibitors Market Defined?
The dipeptide peptidase 4 inhibitors market covered in this report is segmented -
1) By Type: Sitagliptin, Saxagliptin, Linagliptin, Alogliptin, Vildagliptin, Others Types
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Channels
3) By Application: Type 2 Diabetes, Gestational Diabetes, Metabolic Syndrome, Other Applications
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What Is the Leading Region in the Dipeptide Peptidase 4 Inhibitors Market?
Asia-Pacific was the largest region in the dipeptide peptidase 4 inhibitors market in 2024. Latin America is expected to be the fastest-growing region in the forecast period. The regions covered in the dipeptide peptidase 4 inhibitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Is Covered In The Dipeptide Peptidase 4 Inhibitors Global Market Report?
- Market Size Analysis: Analyze the Dipeptide Peptidase 4 Inhibitors Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Dipeptide Peptidase 4 Inhibitors 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 Dipeptide Peptidase 4 Inhibitors Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Dipeptide Peptidase 4 Inhibitors Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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