GLP-1 Agonists Market is on an Upward Growth Curve

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global GLP-1 Agonists Market Size, Share & Trends Analysis Report By Route of Administration (Oral, Injection), By Molecule (Dulaglutide, Liraglutide, Semaglutide, Lixisenatide, Exenatide, Tirzepatide), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies), Region, Market Outlook And Industry Analysis 2034"

The global GLP-1 agonists market is estimated to reach over USD 260.1 billion by 2034, exhibiting a CAGR of 19.9% during the forecast period.

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Glucagon-like peptide-1 (GLP-1) receptor agonists are pharmaceutical agents primarily utilized in the management of type 2 diabetes. These compounds mimic the action of the naturally occurring GLP-1 hormone, playing a vital role in regulating blood glucose levels. GLP-1 receptor agonists function by stimulating insulin secretion and inhibiting glucagon release, thereby improving glycemic control.

One of the key therapeutic benefits of GLP-1 receptor agonists is their ability to suppress glucagon secretion from pancreatic alpha cells in response to elevated blood glucose levels. Since glucagon promotes hepatic glucose release, its inhibition contributes to lower blood sugar concentrations.

List of Prominent Players in the GLP-1 Agonists Market:
• Eli Lilly and Company
• Sanofi
• AstraZeneca
• Novo Nordisk
• Boehringer Ingelheim
• Twist Bioscience Corporation

Market Dynamics:
Drivers-
The increasing demand for GLP-1 receptor agonists is primarily driven by the introduction of novel therapies aimed at addressing chronic conditions such as type 2 diabetes, obesity, and cardiovascular diseases. The growing patient population seeking innovative and effective treatment options has prompted pharmaceutical companies to intensify research and development efforts in this area.

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Challenges:
The growth of the GLP-1 receptor agonist market faces several challenges, including high treatment costs, limited availability of skilled healthcare professionals, and the absence of standardized protocols, particularly in developing regions. These challenges were exacerbated by the COVID-19 pandemic, which disrupted healthcare delivery, supply chains, and patient adherence due to lockdowns and isolation measures.

Regional Trends:
North America holds a significant share of the GLP-1 receptor agonists market and is projected to experience strong growth over the forecast period. This is attributed to a robust healthcare infrastructure, substantial investments in research and development, and a high prevalence of type 2 diabetes. Europe also commands a notable market share, supported by proactive government initiatives, funding for diabetes screening and treatment, and an increasing burden of chronic diseases across the region.

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Recent Developments:
• In June 2023, Lilly and Company (NYSE: LLY) continued to extend the tender bid to acquire all of POINT Biopharma Global Inc.'s common stock for $12.50 per share in cash, excluding interest and any applicable tax withholding. The offer was originally announced to acquire all issued and outstanding shares ("Shares") of POINT Biopharma Global Inc.
• In September 2023, Novo Nordisk A/S and Inversago Pharma announced that if certain commercial and development goals are met, Novo Nordisk will acquire Inversago for a cash price of up to $1.0775 billion. Among the metabolic disorders, obesity, and associated complications, Inversago Pharma of Montreal is researching and developing medicines based on receptors.

Segmentation of GLP-1 Agonists Market-
By Route of Administration-
• Oral
• Injection
By Molecule-
• Dulaglutide
• Liraglutide
• Semaglutide
• Lixisenatide
• Exenatide
• Tirzepatide
By Distribution Channel-
• Hospital Pharmacies
• Retail Pharmacies
• Others
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
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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