Oral Anti Diabetes Drugs Market Outlook 2022-2029:
According to the research report published by DataM Intelligence, the global Oral Anti Diabetes Drugs Market size is expected to reach USD billion by the end of 2029, with growth at a CAGR of 10.3% during the forecast period 2022-2029. This report provides a detailed analysis of the Oral Anti Diabetes Drugs market, historical, current, and forecast analysis as well as market trends, size, Drivers, and growth in the major regions such as North America (the United States, and Canada), Europe (Germany, Italy, Spain, UK, France, and Russia), Asia Pacific (China, Japan, India, South Korea), South America, and the Middle East and Africa.
Oral Anti Diabetes Drugs Market Growth Insights:
Diabetes is a chronic disease that occurs when the body cannot effectively use the produced insulin or the pancreas does not produce sufficient insulin. Diabetes is of two types: type 1 and type 2. About 90% of people with diabetes have type 2 diabetes.
The significant growth in the market can be attributed to factors such as the rising prevalence of diabetes and the increasing number of programs initiated by various health organizations related to health awareness.
Impact of COVID-19 on the Oral Anti Diabetes Drugs industry:
Covid-19 pushes up sales of oral anti-diabetes drugs. Patients given these drugs had a mortality rate of 18 percent as compared with 37 percent in matched patients receiving only insulin according to the study involving seven Italian hospitals during the first surge of COVID cases last spring.
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Oral Anti Diabetes Drugs Market Segmentation:
Oral Anti Diabetes Drugs Market – By Drug Class:
DPP-4 Inhibitors
Sulfonylureas
Meglitinides
Biguanides
Other
Oral Anti Diabetes Drugs Market – By Dosage Type:
Liquid
Capsule
Tablet
Oral Anti Diabetes Drugs Market – By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Oral Anti Diabetes Drugs Market Regional Outlook:
North American region is controlling the global market for oral anti-diabetes drugs registered for the highest market share in 2020, due to the huge investment in healthcare and insistent schedules and unhealthy consumption habits of individuals, mainly in the United States is supposed to be driving the Oral Anti Diabetes Drugs market in the North America region.
The Asia Pacific is expected to grow at the fastest growth rate in the global market during the forecast period 2022-2029. Countries in the Asia Pacific, China, Japan, India, and South Korea are playing a major role in the development of the region.
Competitive Landscape and Major Companies Controlling the Global Market:
The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the oral anti-diabetes drugs market globally.Some of the key players which are contributing to the growth of the market include Glenmark Pharma, Abbott, Biocon, Sanofi, Sun pharma, Novartis, Novo Nordisk, Merck, GlaxoSmithKline, Piramal Healthcare, Bristol-Myers Squibb, Bayer Healthcare, Dr. Reddy’s Laboratories Ltd, and Pfizer among others.
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Geographical Classification of Oral Anti-Diabetes Drugs Market
North America – United States, and Canada
Europe – Germany, Spain, UK, France, Russia, and the Rest of the European countries
Asia Pacific – China, Japan, India, South Korea, and the Rest of the Asia Pacific countries
Latin America – Brazil, Mexico, and Argentina
Middle East and Africa – KSA, UAE, Qatar, and South Africa
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The Full Report has the below insights
- The report offers a comprehensive evaluation of the market in terms of Market Value (US$) and Y-o-Y Growth Rates (%). It does so via in-depth qualitative insights, historical data (2020-2021), and verifiable projections about market size during the forecast period (2022-2029).
- Visualize the composition of the global Oral Anti Diabetes Drugs market segmentation by drug Class, Dosage, Distributional Channels, and region highlighting the key commercial assets and players.
- Identify commercial opportunities in the global Oral Anti Diabetes Drugs market by analyzing trends and co-development deals.
- The report also covers data insights on various industry forces such as porter’s five forces, regulations in each country, pipeline analysis and pricing analysis.
- Excel data sheet with thousands of data points global Oral Anti Diabetes Drugs market-level 4/5 segmentation.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
- The report will provide access to approximately 50+ market data tables, 40+ figures, and close to 180 pages.
Additional Benefits Post Purchase:
1) Unlimited Analyst support for a period of 1 year.
2) Any query with regard to the scope offered will be addressed within 24- 48 hours.
3) An excel sheet with market numbers will be provided separately
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