Diabetes Care Drugs Market Forecast to 2028 - Covid-19 Impact and Global Analysis - By Product (Injectable, Oral Antidiabetic Drugs); Distribution Channel (Online Pharmacies, Hospital Pharmacies, Retail Pharmacies) and Geography
Diabetes Care Drugs are drugs used by diabetics to maintain the blood glucose levels to restore the blood glucose metabolism to a normal state.
The factors that drive the global diabetes care drugs market include rise in geriatric population and increase in prevalence of diabetes worldwide. Additionally, rising awareness regarding diabetes care, growing prevalence of obesity will further spur the market growth. However, side effects of diabetic drugs and stringent approval process for drugs impede the market growth.
The "Global Diabetes Care Drugs Market analysis to 2028" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of Diabetes Care Drugs Market with detailed market segmentation by product, distribution channel and geography. The Global Diabetes Care Drugs Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Diabetes Care Drugs Market players and offers key trends and opportunities in the market.
The Global Diabetes Care Drugs Market is segmented on the basis of product, distribution channel. On the basis of product, the market is segmented into injectable and oral antidiabetic drugs (OAD). The injectable segment is further segmented into insulin, glucagon-like peptide-1 (GLP-1) receptor agonists/incretin mimetics, and amylin analogue/amylinomimetic drugs. The oral antidiabetic drugs (OAD) is further sub segmented into biguanides, sulfonylureas, thiazolidinediones, alpha-glucosidase inhibitors, dipeptidyl peptidase iv (dpp-4) inhibitors/gliptins, meglitinides, sodium-glucose cotransporter-2 (sglt2) inhibitors/gliflozins. Based on distribution channel the market is segment into, online pharmacies, hospital pharmacies and retail pharmacies.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Diabetes Care Drugs Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Diabetes Care Drugs Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Diabetes Care Drugs market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Diabetes Care Drugs Market in these regions.
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The report covers key developments in the Diabetes Care Drugs Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Diabetes Care Drugs Market are anticipated to lucrative growth opportunities in the future with the rising demand for Diabetes Care Drugs Market in the global market. Below mentioned is the list of few companies engaged in the Diabetes Care Drugs Market.
The report also includes the profiles of key Diabetes Care Drugs Market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AstraZeneca plc.
- Boehringer Ingelheim GmbH
- Eli Lilly and Company
- GlaxoSmithKline plc.
- Johnson & Johnson
- Merck & Co., Inc.
- Novartis AG
- Novo Nordisk
- Sanofi S.A.
- Takeda Pharmaceutical Company Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. AstraZeneca plc.
2. Boehringer Ingelheim GmbH
3. Eli Lilly and Company
4. GlaxoSmithKline plc.
5. Johnson & Johnson
6. Merck & Co., Inc.
7. Novartis AG
8. Novo Nordisk
9. Sanofi S.A.
10. Takeda Pharmaceutical Company Limited