The global GLP-1 receptor agonist market size was USD 13.46 Billion in 2022 and is expected to register a rapid revenue CAGR of 6% during the forecast period. Launch of innovative GLP-1 receptor agonist formulations, rising demand for GLP-1 receptor agonists, and increasing prevalence of type 2 diabetes are major factors driving market revenue growth. GLP-1 receptor agonist represents a class of medications used in treatment of tyope 2 diabetes mellitus and obesity in adults. The World Diabetes Federation estimated that approximately 537 million people worldwide suffered from diabetes in 2021 and that figure will increase to 643 million by 2045. While these medications are successful at lowering weight, regulating blood sugar levels, and lowering the risk of cardiovascular illnesses in people with type 2 diabetes, hence demand for GLP-1 receptor agonists is rising.
It is segmented into key regions around the world based on growth rate, share, size, trends, current and emerging factors, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and key player presence across the globe. To gain a better understanding of the regional spread and progress of the GLP-1 Receptor Agonist Market, the report provides a country-by-country analysis of the market.
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Market Overview:
A growing number of patients are benefiting from cell and gene therapies; previously incurable diseases are finding a cure. Pharmaceutical and healthcare sectors are changing rapidly. With the advent of artificial intelligence (AI) and machine-learning technologies, expectations are rising for more inventive, faster, and less expensive therapeutic development. A data-driven approach could be beneficial to the manufacturing, supply chain, and healthcare ecosystem at large. As a result of increased technology use and data sharing, as well as increased willingness to use prescription and treatment tools, attitudes and behaviors of consumers are changing. Over the next few years, such factors are expected to drive the growth of the pharmaceutical and healthcare markets.
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Companies considered and profiled in this market study
Major players in the global GLP-1 receptor agonist market include:
- Novo Nordisk A/S
- Sanofi S.A.
- Eli Lilly and Company
- AstraZeneca
- Zealand Pharma A/S
- Intarcia Therapeutics, Inc.
- GlaxoSmithKline plc
- Amgen Inc.
- Merck Co., Inc.
- Adocia
Segments covered in the report
This report offers historical data and forecasts revenue growth at a global, regional, and country level, and provides analysis of market trends in each of segments and sub-segments from 2019 to 2032. For the purpose of this report, Reports and Data has segmented the global GLP-1 receptor agonist market on the basis of product type, application, and region:
Product Outlook
- Byetta
- Victoza
- Trulicity
- Ozempic
- Others
Application Outlook
- Type 2 Diabetes
- Obesity
- Others
Regional Outlook
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
Major Points covered in this report are as below:
- In this report, market development trends and marketing channels in the GLP-1 Receptor Agonist Market industry are analyzed, feasibility of new investment projects is evaluated, and overall conclusions are presented.
- This report provides key industry statistics through tables and figures, serving as an invaluable source of information and advice for companies and individuals involved in this sector.
- Additionally, this report analyzes development policies and plans, manufacturing processes, and cost structures, as well as import/export consumption figures, supply and demand figures, costs, prices, revenues, and gross margins.
- For companies and individuals interested in the GLP-1 Receptor Agonist Market industry, the GLP-1 Receptor Agonist Market report provides information on the current market status of the GLP-1 Receptor Agonist Market manufacturers and provides valuable guidance and direction.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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