Press release
Liraglutide Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Liraglutide Market Size
What Is the Expected Liraglutide Market Size During the Forecast Period?
The liraglutide market has also experienced strong growth in recent years. It is expected to increase from $6.38 billion in 2024 to $6.95 billion in 2025, with a CAGR of 9.0%. Contributing factors include a rising number of type 2 diabetes diagnoses, increasing obesity rates, extensive clinical trials, greater awareness of diabetes complications, and innovations in drug delivery systems.
The liraglutide market is expected to grow significantly, reaching $9.66 billion by 2029, at a CAGR of 8.6%. Growth is driven by improved insurance and reimbursement policies, healthcare infrastructure development, the aging population, and rising diabetes prevalence. Trends include AI and machine learning integration, wearable technology adoption, continuous glucose monitoring, biotechnology advancements, and the development of digital health platforms.
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What Are the High-Growth Segments in the Liraglutide Market?
The liraglutide market covered in this report is segmented -
1) By Brands: Victoza, Saxenda
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies And Drug Stores, Online Pharmacies
3) By Type Of Application: Diabetes Treatment, Weight Management
4) By End-Users: Hospitals And Clinics, Homecare Settings
Subsegments:
1) By Victoza: Type 2 Diabetes Treatment Or Weight Management
2) By Saxenda: Weight Loss Treatment Or Obesity Management
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What Key Drivers Are Expected to Influence Future Liraglutide Market Growth?
The growing diabetic population is anticipated to drive the expansion of the liraglutide market. Diabetes, a chronic condition where the body struggles to regulate blood sugar levels, is on the rise due to factors like poor diet, sedentary lifestyles, and obesity. Liraglutide aids in the management of type 2 diabetes by mimicking the GLP-1 hormone, boosting insulin secretion, lowering blood sugar, and supporting weight loss. Reports show that more people are being diagnosed with diabetes and pre-diabetes, which further supports the increasing demand for liraglutide treatments.
Which Companies Hold the Largest Share Across Different Liraglutide Market Segments?
Major companies operating in the liraglutide market are Pfizer Inc., Roche Holding AG, Merck & Co. Inc., AbbVie Inc., Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca PLC, Novartis International AG, Takeda Pharmaceutical Company Limited, GlaxoSmithKline Plc, Eli Lilly and Company, Amgen Inc., Boehringer Ingelheim International GmbH, Novo Nordisk A/S, Teva Pharmaceutical Industries Ltd., Cipla Limited, Dr. Reddy's Laboratories Ltd., Biocon Limited, Hanmi Pharmaceutical Co. Ltd., Intarcia Therapeutics Inc., Adocia SA
What Trends Are Expected to Dominate the Liraglutide Market in the Next 5 Years?
Leading firms in the liraglutide market are innovating new products like generic GLP-1 with the aim to broaden treatment choices and fulfill market need for more cost-effective substitutes. Generic GLP-1 is an after-patent production of the original patented medication, providing a cheaper alternative for the treatment of type 2 diabetes and obesity. In June 2024, for example, Teva Pharmaceutical Industries Ltd., a pharmaceutical company based in Israel, launched the first generic GLP-1, mirroring Victoza, to cater to the increasing demand for such treatments in the U.S. market. Doctors recommend Liraglutide injections to improve blood sugar regulation in adults and children aged 10 and above who have type 2 diabetes and to reduce the threat of cardiac events in adults with type 2 diabetes who also have cardiovascular diseases.
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What Are the Emerging Geographies for The Liraglutide Market Growth?
North America was the largest region in the liraglutide market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the liraglutide market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Liraglutide Market?
2. What is the CAGR expected in the Liraglutide Market?
3. What Are the Key Innovations Transforming the Liraglutide Industry?
4. Which Region Is Leading the Liraglutide Market?
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