BRICS Diabetes Drugs Market is expected to reach USD 61.59 billion by 2026, from 12.8 billion in 2017 at a CAGR of 21.7%.(Detailed analysis of the market CAGR is provided in the report) BRICS Diabetes Drugs Market
Diabetes is a chronic disease characterized by high blood sugar level, the main cause of diabetes is improper functioning of the pancreas which secretes insulin. The diabetes Drug market is completely based on the drug used to lower glucose level in the blood, with the help of oral hypoglycemic agents or oral ant hyperglycemic agents to ensure treatment of diabetes
Selection of different types of diabetes drug completely depends upon
- Nature of the Diabetes
- Age
- Situation of the Person
Various driving factors for diabetes drug market are increased life expectancy, changing lifestyles, and the rising incidence of obesity. While using diabetes drugs and drug infusion devices safety and security precautions are taken by the patient could cause challenges for the growth of the market. Diabetes in Russia is also expected to reach at 21.5 million patients by 2026. India and China have the highest number of diabetes patients in the world due to an increased aging population in these regions. China alone is expected to have more than 73 million diabetes patients by 2026. The rising incidence of diabetes in BRICS is estimated to reach astonishingly at 135 million patients by 2026, or about 37% of the world’s diabetic population. Among BRICS nations Brazil is expected to show lower growth rate due to patent expiry of various diabetes drugs. Eli Lilly and Novo Nordisk are the two smarter organizations in this market that have offered easy-to-use insulin versions to grab the market share in the Indian market for diabetes drugs.
Key Highlights:
- Opportunity analysis in the BRICS Diabetes Drugs market for the stakeholders and competitive landscape for the market leaders and followers
- Competitive developments, key trends, R&D expenditure, expansions, mergers & acquisitions, supply chain analysis, new product launches, In BRICS Diabetes Drugs market
- BRICS Diabetes Drugs market divided on the basis of Oral Antidiabetic Drugs, Injectables and Country.
- BRICS Diabetes Drugs market analysis and forecast for five major regions Brazil, Russia, India, China, and South Africa.
- Market forecasting in terms of value in size of the BRICS Diabetes Drugs market and region wise volumes including Brazil, Russia, India, China, and South Africa.
- Strategic micro markets analysis (refer to further segments and sub-segments) with respect to individual growth trends, winning edge imperatives, future prospects, and contribution to the total BRICS Diabetes Drugs market
- Company Profiling in strategic perspective of key players in the industry in BRICS Diabetes Drugs market and comprehensively analysis of their core competencies
For company profiles, 2017 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered
Research Methodology:
The objective of the study is to estimate the size of the BRICS Diabetes Drugs market for 2017 and projects its demand till 2026 with quantitative and qualitative analysis of BRICS Diabetes Drugs market. Industry experts have studied various industry journals, directories, have referred information available with various associations to identify, collect information and to put it in articulated format to make useful for all stakeholders in the industry. Primary research has been done and various industry experts and suppliers from worlds wide have given their inputs to make the study more accurate
Key players in the value chain for BRICS Diabetes Drugs market from raw material supplier side and service providers are included in reports.
Some of them are:
- Takeda Pharmaceuticals Company
- Shreya Life Sciences Pvt Ltd
- Bayer Healthcare Ag
- Zydus Cadila Healthcare Ltd
- Dr. Reddy's Laboratories Ltd
- Boehringer Ingelheim
- Glenmark Pharmaceuticals Ltd.
- Bristol-Myers Squibb
- Sanofi-Aventis
- Merck & Co. Inc.
- Roche Holding Ltd
- Eli Lilly And Company
- Aurobindo Pharma Ltd
- Novo Nordisk A/S
- GlaxoSmithKline Plc
Key Target Audience for BRICS Diabetes Drugs Market Report:
- Research and Consulting Companies
- Healthcare Institutions (Individual Surgeons, Medical Schools, Group Practices, Hospitals, and Governing Bodies)
- Diabetes Drugs Market Research Associations
- Diabetes drug Manufacturers & Distributors
Scope of the BRICS Diabetes Drugs Market report:
Research report categorizes the BRICS Diabetes Drugs market based on Oral antidiabetic drugs, Injectables and Country. Market size by value is estimated and forecasted with the revenues of leading companies operating in the
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Scope of BRICS Diabetes Drugs market
BRICS Diabetes Drugs Market by Injectables
- Insulin
- Exenatide
BRICS Diabetes Drugs Market, By Oral Antidiabetic Drugs
- Metformin
- Sulfonylureas
- Thaizolidinediones
- Dipeptidyl Inhibitors
- Meglitinides
- Alpha Glucosidase Inhibitors
- Combination Medications
BRICS Diabetes Drugs Market, By Country
- Brazil
- Russia
- India
- China
- South Africa
This Report Is Submitted By : Maximize Market Research Company
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