Press release
Insulin Sensitizers Market in North America to Lead Revenue Growth with Projected High CAGR in Response to Rising Type 2 Diabetes Prevalence
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Insulin Sensitizers Market Size, Share & Trends Analysis Report By Type of Insulin Sensitizers (Thiazolidinediones (TZDs), Biguanides, Incretin-based therapies, Others), By Indication (Type 2 Diabetes, Prediabetes, By Route of Administration (Oral, Injectable), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies),, Region, Market Outlook And Industry Analysis 2031"The global insulin sensitizers market is estimated to reach over USD 23.35 billion by 2031, exhibiting a CAGR of 5.8% during the forecast period.
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Insulin sensitizers are a class of medications designed to enhance the body's ability to utilize insulin effectively. These drugs work by increasing the number of insulin receptors on cells or by improving the sensitivity of existing insulin receptors. They are commonly used to help individuals with type 2 diabetes lower their blood glucose levels. The rising global prevalence of type 2 diabetes is driving the growth of the insulin sensitizer market, with over 422 million people worldwide affected by diabetes. The World Health Organization projects that this number will rise to 642 million by 2040.
Additionally, the increasing incidence of diabetes and the global obesity epidemic are expected to further accelerate market expansion. Insulin sensitizers are also utilized to improve the endocrine and metabolic profiles of overweight women with addressing issues such as menstrual irregularities, sex hormone imbalances, and metabolic disturbances. Thiazolidinediones (TZDs), another class of insulin-sensitizing medications, primarily enhance peripheral insulin sensitivity, facilitating glucose uptake into fat and muscle, which differs from metformin's primary action on improving hepatic insulin sensitivity.
List of Prominent Players in the Insulin Sensitizers Market:
• Eli Lilly and Company
• Novo Nordisk
• Sanofi
• Merck & Co.
• Bristol Myers Squibb
• AstraZeneca
• Boehringer Ingelheim
• Johnson & Johnson
• Takeda Pharmaceutical
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Market Dynamics:
Drivers:
The growth of the insulin sensitizer market is primarily driven by the rising prevalence of diabetes, particularly type 2 diabetes. Insulin sensitizers are widely used to enhance insulin sensitivity and manage blood glucose levels in individuals with type 2 diabetes. The increasing global obesity rates also contribute significantly to the rise in type 2 diabetes and insulin resistance, making insulin sensitizers critical in controlling these conditions and related metabolic disorders. The growing demand for effective treatments, fueled by the escalating obesity epidemic, is expected to propel market growth. Additionally, continuous research and development efforts have led to the introduction of advanced insulin sensitizers, with improved formulations and compounds that offer better efficacy and safety profiles, further driving market expansion.
Challenges:
A key challenge to the market's growth is the variability in the effectiveness of insulin sensitizers across different patient populations. Factors such as genetics, age, ethnicity, and underlying metabolic disorders influence individual responses to these treatments. This variability can result in inadequate glycemic control for some patients, limiting the broader adoption of insulin sensitizers. Additionally, the difficulty in finding alternative treatments for patients who do not respond to certain insulin sensitizers further hampers market progress.
Regional Trends:
The North American market for insulin sensitizers is expected to capture a significant share of the market in terms of revenue, with a robust growth trajectory anticipated over the near term. The high incidence of type 2 diabetes in the region, with over 30 million Americans currently affected, is a major driver. The American Diabetes Association forecasts this number to increase to 40 million by 2030, further fueling the demand for insulin sensitizers and contributing to the market's expansion in North America.
Recent Developments:
• In October 2017, researchers studied diabetes to find potential new insulin sensitizers. Potential medication reduced blood sugar levels in mice without causing them to store fat. Insulin resistance, a condition in which cells react to instructions from the hormone that controls the storage of glucose (sugar), is one of the main causes of type 2 diabetes. Diabetes can be prevented and treated with success by restoring insulin sensitivity.
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Segmentation of Insulin Sensitizers Market-
By Type of Insulin Sensitizers-
• Thiazolidinediones (Tzds)
• Biguanides
• Incretin-Based Indication
• Others
By Indication-
• Type 2 Diabetes
• Prediabetes
By Distribution channel-
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/insulin-sensitizers-market/2034
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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