Diabetes Drugs Industry By Application (Type 1 Diabetes, Type 2 Diabetes), and By Products & Services (Insulin Derivatives, Rapid-acting insulin, Intermediate-acting insulin, Long-acting insulin) – Global outlook Analysis and Market Forecast 2018-2025
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Global Diabetes Drug Industry was valued at USD XX Billion in the year 2017. Global Diabetes Drug Industry is further estimated to grow at a CAGR of XX% from 2019 to reach USD XX Billion by the year 2025. North America region holds the highest Industry share in 2017 and Asia-Pacific is considered as the fastest growing Industry in the forecasted period. At a country level, developed industries the U.S. holds a substantial Industry share in 2017 and it is projected to grow at a gradual pace in the coming years.
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Major market players in Diabetes Drugs Industry are Abbott Laboratories, AstraZeneca PLC, Bayer Healthcare AG, Dexcom Inc., GlaxoSmithKline PLC, Johnson & Johnson, Sanofi, Merck & Co., Novartis AG, Novo Nordisk, and brief information of 10 companies will be provided in the report. Industry share because of its better global presence both at production and at an operational level. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.
SWOT Analysis of Diabetes Drug Industry:
- Improved diagnosis and advances in treatment
- Increasing diabetic population
- Lack of awareness among people
- Increased Risk of Cardiovascular Complications
- Launching of advance and new Anti-Diabetes Drugs
- High growth opportunity in the Emerging Industry
Other emerging therapy industries
Patent Expiries and Rising Competition of Generic Drugs
The global diabetes drug Industry is segmented on the basis of products & services, by application and by region. On the basis of products and services, the Insulin Derivative segment is expected to hold the highest Industry share during the forecast period. Due to its high price, rising geriatric population and need & demand for insulin.
Diabetes Drug Industry Segmentation:
- Type 1 Diabetes
- Type 2 Diabetes
By Products & Services
- Insulin Derivatives
- Rapid-acting insulin
- Intermediate-acting insulin
- Long-acting insulin
- Oral Diabetic Medication Drugs
- Alpha-Glucosidase inhibitor
- By Region
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa