openPR Logo
Press release

Biguanides Market Growth Accelerates: Strategic Forecast Predicts $5.81 Billion by 2029

09-15-2025 10:02 AM CET | Health & Medicine

Press release from: The Business Research Company

Biguanides

Biguanides

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Biguanides Industry Market Size Be by 2025?
The market size of biguanides has experienced steady expansion in the past few years. The market, valued at $4.96 billion in 2024, is predicted to reach $5.11 billion in 2025, reflecting a compound annual growth rate (CAGR) of 3.1%. This growth throughout the historical period can be credited to factors such as increased demand for oral hypoglycemic medications, an aging population, a surge in obesity levels, and heightened consciousness about diabetes management.

What's the Long-Term Growth Forecast for the Biguanides Market Size Through 2029?
Anticipations forecast a consistent expansion in the biguanides market size in the upcoming years, culminating in a valuation of $5.81 billion in 2029 and a compound annual growth rate (CAGR) of 3.2%. The escalation in the forecast period is a consequence of the growing traction for combination therapies, drug delivery technology advancements, amplifying R&D investments, an upsurge in healthcare spending, and their extended use in treating polycystic ovary* syndrome. Expected trends for the forecast period include manifested emphasis on the development of extended-release formulas, a rising inclination towards fixed-dose combination therapies, the broadening of their scope in the oncology sector, along with the introduction of new biguanides boasting enhanced efficiency and safety.

View the full report here:
https://www.thebusinessresearchcompany.com/report/biguanides-global-market-report

What Are the Key Growth Drivers Fueling the Biguanides Market Expansion?
The escalating occurrence of diabetes is predicted to fuel the expansion of the biguanides market. Diabetes is a persistent metabolic ailment marked by elevated blood sugar levels due to the inadequacy of the human body to generate sufficient insulin. Diabetes surge is triggered by numerous elements such as alterations in lifestyle, an aging population, genetic risk factors, refined detection methods, and environmental impacts. Biguanides, including metformin, lessen diabetes by enhancing insulin susceptibility, decreasing liver's glucose production, and slashing blood sugar levels in those with type 2 diabetes. For example, the UK's Office for Health Improvement & Disparities noted in March 2024 that between March 2022 and March 2023, the proportion of type 1 diabetes patients receiving all eight suggested care methods grew by 22%, and for those with type 2 diabetes, it rose by 21%. The percentage attaining the target HbA1c levels escalated to 37.9%, marking the maximum figure ever documented. Hence, the surge in diabetes prevalence is propelling the biguanides market's growth.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15735&type=smp

What Are the Key Trends Driving Biguanides Market Growth?
Leading firms in the biguanide market are concentrating on creating innovative solutions including extended-release biguanide medications, to boost patient compliance, augment therapeutic efficiency, and curtail side effects. An extended-release biguanide is a specially formulated medication that slowly dispenses its active ingredient, ensuring consistent levels in the blood and improved glycemic control for those with diabetes, thus enhancing adherence to the regimen. For example, in August 2023, Dr. Reddy's Laboratories, a biotech firm based in India, introduced saxagliptin and metformin hydrochloride extended-release drugs. This is a generic version of KOMBIGLYZE XR, authorized by the US Food and Drug Administration (USFDA), which pairs up a DPP-4 inhibitor, saxagliptin, with a biguanide, metformin. It was created to augment glycemic control in adults diagnosed with type 2 diabetes and is meant to be used in conjunction with a healthy diet and regular exercise. This extended-release formulation enhances both patient compliance and effectiveness.

How Is the Biguanides Market Segmented?
The biguanides market covered in this report is segmented -

1) By Type: Metformin, Phenformin, Other Types
2) By Dosage Form: Tablets, Oral Solutions
3) By Formulation: Immediate Release, Extended Release
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

Subsegments:
1) By Metformin: Immediate-Release Metformin, Extended-Release Metformin
2) By Phenformin: Phenformin Hydrochloride
3) By Other Types: Buformin, Metformin Combinations

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=15735&type=smp

Which Companies Are Leading the Charge in Biguanides Market Innovation?
Major companies operating in the biguanides market are Cardinal Health Inc., Pfizer Inc., Merck And Co Inc., Bayer AG, Sanofi-Aventis LLC, AstraZeneca plc, Novartis AG, GlaxoSmithKline plc, Takeda Pharmaceuticals Company Limited, Novo Nordisk A/S, Viatris Inc., Daiichi Sankyo Company Limited, Wanbury Ltd., Boehringer Ingelheim International GmbH, Intas Pharmaceuticals Ltd., Aurobindo Pharma Ltd., Cipla Ltd., Shionogi & Co Ltd., Dr. Reddy's Laboratories, Lupin Limited, Zydus Lifesciences Limited, Apotex Inc., Torrent Pharmaceuticals Limited, Panacea Biotech Ltd., Auro Laboratories Limited

Which Regions Are Leading the Global Biguanides Market in Revenue?
Asia-Pacific was the largest region in the biguanides market in 2024. Middle East And Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the biguanides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15735

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Biguanides Market Growth Accelerates: Strategic Forecast Predicts $5.81 Billion by 2029 here

News-ID: 4182464 • Views:

More Releases from The Business Research Company

Emerging Markets And Increasing Disposable Income Fueling Diamond Market Growth: Powering Innovation and Expansion in the Diamond Market by 2025
Emerging Markets And Increasing Disposable Income Fueling Diamond Market Growth: …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Diamond Market Through 2025? In the past few years, there has been a stable expansion in the diamond market size. The prediction is it will increase from $1.33 billion in 2024 to $1.39 billion in 2025, boasting a compound annual growth rate
2025-2034 Nonmetallic Minerals Mining Support Activities Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
2025-2034 Nonmetallic Minerals Mining Support Activities Market Outlook: Key Dri …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Will the Nonmetallic Minerals Mining Support Activities Industry Market Size Be by 2025? In the past few years, there has been a robust expansion in the size of the nonmetallic minerals mining support activities market. It is projected to escalate from $34.04 billion in 2024 to $36.55 billion
Professional Street Sweeper Industry Outlook 2025-2029: Market Set to Cross $3.18 Billion Milestone
Professional Street Sweeper Industry Outlook 2025-2029: Market Set to Cross $3.1 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. How Large Will the Professional Street Sweeper Market Size By 2025? The market size of professional street sweepers has seen significant expansion in the past few years. The market, predicted to rise from $2.37 billion in 2024 to $2.5 billion in 2025, boasts a compound annual growth rate (CAGR)
Key Trends Reshaping the Industrial Wet Dust Collector Market: Advanced Filtration Technologies Empower Compliance With Environmental Standards Industry Transformation
Key Trends Reshaping the Industrial Wet Dust Collector Market: Advanced Filtrati …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Industrial Wet Dust Collector Market Size Growth Forecast: What to Expect by 2025? In recent times, there has been a robust growth in the size of the industrial wet dust collector market. It is expected to swell from $1.89 billion in 2024 to $2 billion by 2025, showing a

All 5 Releases


More Releases for Biguanides

Biguanides Market Expansion Continues, with Forecast Valuation of $5.98 Billion …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Biguanides Market Size Valuation Forecast: What Will the Market Be Worth by 2025? Recent years have witnessed a consistent expansion in the biguanides market. It is projected to increase from $4.96 billion in 2024 to $5.16 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 4.1%. The
Biguanides Market Is Booming Worldwide with Glenmark, Merck, Zydus
Global Biguanides market size, trend, and forecast to 2030 are assessed in USD Analytics Research's most recent analysis. A valuable resource document for managers, analysts, industry experts, and other key personnel, the Biguanides market study includes substantial research data and proofs to help them understand market trends, growth drivers, opportunities, upcoming challenges, and competitors. The study can be easily accessed and self-analyzed. Key Players in This Report Include: Boehringer Ingelheim, Bristol-Myers
Biguanides Market Size Worth $ 6.19 Billion By 2032; Registering at a CAGR of 2. …
𝐁𝐢𝐠𝐮𝐚𝐧𝐢𝐝𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: Biguanides are a class of organic compounds with a specific chemical structure characterized by two nitrogen atoms. One of the well-known biguanides is metformin, a widely used medication for the treatment of type 2 diabetes. Beyond pharmaceutical applications, biguanides have applications in various industries, including agriculture and water treatment. The global Biguanides market size is expected to reach USD 6.19 billion by 2032, according to a new study by
Antidiabetic Biguanides Market Opportunities, Sales, Revenue, Gross Margin & Tre …
Antidiabetic Biguanides report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Antidiabetic Biguanides market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Demand from Hospitals and Clinics are the major drivers for the industry. Global Antidiabetic Biguanides Market: Driven factors and Restrictions factors The research report
Antidiabetic Biguanides Market- Industry Analysis, Size, Share, Growth And Forec …
The Global Antidiabetic Biguanides Market Research Report 2017 renders deep perception of the key regional market status of the Antidiabetic Biguanides Industry on a global level that primarily aims the core regions which comprises of continents like Europe, North America, and Asia and the key countries such as United States, Germany, China and Japan. Request For Sample Of Antidiabetic Biguanides Market Research Report @ https://www.qyresearchgroups.com/request-sample/426282 The report on “Global Antidiabetic Biguanides Market”
Global Antidiabetic Biguanides Sales Market Research, Growth, Scope and Outlook …
Market Research Hub's report studies sales (consumption) of Global Antidiabetic Biguanides market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Anderson Hay & Grain Inc. Border Valley Sanofi Takeda Pharmaceuticals Eli Lilly Merck & Co. Novo Nordisk Bristol-Myers Squibb Pfizer AstraZeneca GlaxoSmithKline Boehringer Ingelheim Request Free Sample Report@ http://www.marketresearchhub.com/enquiry.php?type=S&repid=942288 Market Segment by Regions, this report splits Global into several key Regions, with sales