Hyperglycemia Treatment Market is Expected to Grow at a CAGR of ~ 9.8 % from 2017 to 2023

Market Research Future has a half cooked research report on the global hyperglycemia treatment market. Hyperglycemia Treatment Market is Expected to Grow at a CAGR of ~ 9.8 % from 2017 to 2023

Hyperglycemia is a disorder caused by increased blood glucose (blood sugar) level. Hyperglycemia is a sign of diabetes including both type 1 diabetes and type 2 diabetes. Insulin therapy is one of the treatment for patient with type 1 diabetes.
According to the World Health Organization, nearly 60 million people have diabetes in the European region and the prevalence is relatively high in age group over 25 years. It is mainly caused by obesity, unhealthy diet, and physical inactivity, which indirectly increase the market growth.
Increasing prevalence of diabetes, rising demand for better treatment, increasing investment in biotechnology and pharmaceutical industries for R&D, and availability of funds drive the growth of the market. Moreover, increasing government support for research & development, changing lifestyle, and rapidly developing technology expected to fuel the market growth during the forecast period. However, high cost of the treatment may slow the market growth during the period 2017-2023.
The global hyperglycemia treatment market is expected to grow at a CAGR of 9.8 % during the forecast period 2017-2023.

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Key Players
Some of key the players in the market are Novo Nordisk A/S, Merck & Company Inc., Medtronic, Johnson & Johnson Services, Inc. , Teva Pharmaceuticals Ltd., Eli Lilly and Company, Sanofi S.A., Home Diagnostics, Bayer AG, Bristol-Myers Squibb., and Abbott.
Regional Analysis
The Americas dominates the global hyperglycemia treatment market owing to the presence of huge patient population with diabetes, neurological disorder, high healthcare spending, and increasing government support for research & development.
Europe holds the second largest share of the global hyperglycemia treatment market as result of increasing focus of various government agencies on the treatment of hyperglycemia and cardiovascular diseases. Moreover, the growing public awareness about hyperglycemia likely to boost the adoption of these devices in the Europe market.
According to the World Health Organization, 2014, about 60 million people have diabetes in the European Region. The stats also suggests that about 10.3% of men and 9.6% of women are aged 25 years and over have diebetes.
Asia Pacific is the fastest growing hyperglycemia treatment market across the globe. Japan holds the major share of the regional market due to availability of advanced technology and huge healthcare spending. Moreover, rapidly developing economy, increasing healthcare expenditure, and the governments initiatives for research & development projected to drive the market in China and India over the forecasted period.
The Middle East and Africa holds the least share of the global market due to limited availability of medical facilities. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East & African market. Whereas, the African region is expected to witness a moderate growth.

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Segmentation
The global hyperglycemia treatment market has been segmented on the basis of treatment, mode of administration and end user.
On the basis of treatment, it is segmented into fluid replacement, electrolyte replacement, insulin therapy, and drugs. The drugs segment is further classified into sulfonylureas, biguanides, thiazolidinediones, and others.
On the basis of mode of administration, it is segmented into topical, oral, and others.
On the basis of end user, the market is segmented into hospitals & clinics, pharmacy, and others.
According to the WHO estimates, neurological disorders are responsible for 4.5%-11% of all illnesses including low or high income economies across the globe. This is higher than the number of respiratory ailments, gastrointestinal disorders, or cancers, and the burden is expected to increase further over the coming years.
Moreover, increasing awareness about diabetes care and management, and advancing technology in medical devices are adding fuel to the growth of the market. Furthermore, increasing prevalence of obesity and consumption of unhealthy diet also drive the market growth.

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LIST OF TABLES

Table 1 Hyperglycemia Treatment Industry Synopsis, 2017 – 2023

Table 2 Global Hyperglycemia Treatment Market Estimates And Forecast, 2017 – 2023, (USD Million)

Table 3 Global Hyperglycemia Treatment Market By Region, 2017 – 2023, (USD Million)

Table 4 Global Hyperglycemia Treatment Market By Treatment, 2017 – 2023, (USD Million)

Table 5 Global Hyperglycemia Treatment Market By Mode Of Administration, 2017 – 2023, (USD Million)

Table 6 Global Hyperglycemia Treatment Market By End Users, 2017 – 2023, (USD Million)

Table 7 North America Hyperglycemia Treatment Market By Treatment, 2017 – 2023, (USD Million)
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