Trulicity Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers

What combination of drivers is leading to accelerated growth in the trulicity market?
The trulicity market is poised for growth due to the rising number of diabetes patients. Diabetes is a long-term health issue characterized by high blood sugar levels, a result of the body's inefficiency to produce or utilize insulin effectively. Inadequate control can result in serious health issues. The increase in the diabetes cases is linked to urbanization, unhealthy eating habits, lack of physical activity, and genetic factors. This upsurge in diabetes drives a higher demand for efficient diabetes management therapies like trulicity, which aids in controlling blood sugar and enhancing patient's health outcomes. For instance, the Office for Health Improvement and Disparities, a government department in the UK, reported that the percentage of people having type 1 diabetes in England receiving 8 care processes at GP practices participating in the NDA increased to 43.8% in March 2024, a leap from 35.2% in 2022. Consequently, the growth in the diabetic population is propelling the expansion of the trulicity market.

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What is the projected compound annual growth rate (CAGR) of the trulicity market from 2025 to 2034, and what factors influence it?
The market size for Trulicity has seen robust growth in the past few years. Expecting an upsurge from $7,320 million in 2024 to $7,980 million in 2025, the market will demonstrate a compound annual growth rate (CAGR) of 9%. The significant growth in the previous years is due to a rise in obesity, a growing number of diabetes patients, an expansion in pharmaceuticals, an increase in unhealthy lifestyle practices, a demonstrated potential for therapies, and an escalation in healthcare spending.

In the coming years, a substantial increase is anticipated in the market size of Trulicity. It is predicted to expand to $11,180 million by 2029, with a compound annual growth rate (CAGR) of 8.8%. The projected growth during the forecast timeframe can be credited to the rising embrace of digital health technologies, amplified health consciousness among individuals, escalation of educational and awareness initiatives, increasing demand for inventive treatments, and wider reach of healthcare activities. Foreseen trends during this period are technological assimilation, strategic partnerships, product novelty, emphasis on tailor-made medicines, combined therapies, and sustainable undertakings.

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How are the latest trends influencing the growth of the trulicity market?
Trend 1:

A significant trend in the trulicity market revolves around the creation of novel trulicity (dulaglutide) medication aimed at minimizing major adverse cardiovascular events. Dulaglutide, sold under the brand name Trulicity, is a weekly injectable drug that aids blood sugar regulation in type 2 diabetes patients. The drug works similarly to GLP-1 hormone; it bolsters insulin production, slows down gastric emptying, and suppresses appetite. For example, in November 2022, American pharmaceutical company Eli Lilly announced that the FDA granted approval for Trulicity (dulaglutide) to be used in conjunction with diet and exercise to elevate glycaemic control in adults and children aged 10 and above diagnosed with T2DM. This decision followed a 26-week blind placebo-controlled trial, with a continuation for a further 26 weeks, involving 154 children aged 10 or older diagnosed with T2DM.

The trulicity market is seeing strategic investments such as biologica drug manufacturing facilities in order to meet growing demand and secure a competitive advantage. Biologic production plants are specialized facilities designed for producing complex biologic drugs, including monoclonal antibodies, vaccines, as well as cell and gene therapies, all derived from living organisms. For example, in January 2023, Eli Lilly, the US-based pharmaceutical company, invested $450 million in the expansion of its manufacturing facility in North Carolina to boost Trulicity's production. This investment is part of the $1.7 billion total that is expected to start production later this year. Complete construction is expected by 2027, generating 100 more job opportunities. In addition to this, Eli Lilly is creating two new facilities in Indiana and investing €400 million in Ireland for biologic production. Overall, the company has plans to invest $2.5 billion in production capacity in the upcoming years in line with increasing demand and the launch of new products.

What are the major segments of the trulicity market and their role in driving growth?
The trulicitymarket covered in this report is segmented -

1) By Type: Prefilled Syringe Package; Vial Package
2) By Application: Type 2 Diabetes Management; Glycemic Control; Weight Management; Cardiovascular Risk Reduction
3) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies

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Which regions are key players in the growth of the trulicity market?
North America was the largest region in the trulicity market in 2024. The regions covered in the trulicity market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the trulicity market?
Major companies operating in the trulicity market include Eli Lilly And Company, Novo Nordisk

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What Is Covered In The Trulicity Global Market Report?

•Market Size Forecast: Examine the trulicity market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the trulicity market for a structured understanding.
•Key Players Overview: Analyze major players in the trulicity market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the trulicity market.
•Segment Contributions: Evaluate how different segments drive overall growth in the trulicity market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the trulicity market.
•Industry Challenges: Identify potential risks and obstacles affecting the trulicity market.
•Competitive Landscape: Review strategic developments in the trulicity market, including expansions, agreements, and new product launches.

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