Injectable Anti-diabetic Drugs Market Size (2024 - 2029)

Injectable Anti-diabetic Drugs Market Analysis

The Injectable Anti-diabetic Drugs Market size is estimated at USD 38.79 billion in 2024, and is expected to reach USD 45.10 billion by 2029, growing at a CAGR of greater than 3% during the forecast period (2024-2029).

The COVID-19 pandemic co-morbidities included hypertension, diabetes, cardiovascular disease, and cancer. According to an article,” 89-LB: COVID-19 Outcomes in Patients Who Started GLP1-RAs during Hospitalization,” published by the American Diabetes Association in June 2022, glucagon-like peptide-1 receptor agonists (GLP-1 RAs) were considered beneficial in improving COVID-19 outcomes due to their anti-inflammatory properties. Patients admitted for severe interstitial bilateral pneumonia in the COVID-19 ward due to SARS-COV2 infection and having type 2 diabetes or in-hospital hyperglycemia were treated with GLP-1 RAs in addition to standard therapy.

Diabetes is a chronic condition characterized by high levels of glucose in the blood caused by the inability to produce insulin or use insulin effectively, or both. The main types of diabetes are type 1 diabetes and type 2 diabetes. For a patient with type 1 diabetes, insulin therapy is important for replacing the insulin that the body doesn't produce. People with type 2 diabetes or gestational diabetes need insulin therapy if other treatments, such as diabetes medications and other lifestyle changes, are not able to keep blood glucose levels within the desired range. Diabetes treatment aims to maintain healthy blood glucose levels to prevent both short and long-term complications, such as cardiovascular disease, kidney disease, blindness, and lower limb amputation.

Glucagon-like peptide-1 receptor agonists (GLP-1RAs) are a class of medications used for the treatment of type 2 diabetes, and some drugs are also approved for obesity. One of the benefits of this class of drugs over older insulin secretagogues, such as sulfonylureas or meglitinides, is that they have a lower risk of causing hypoglycemia. Besides being important glucose-lowering agents, GLP-1RAs have significant anti-inflammatory and pulmonary protective effects and an advantageous impact on gut microbes’ composition.

In November 2022, the EU Commission and its members demonstrated political commitment. They set ambitious targets to “reduce inequalities between EU citizens and improve the care and quality of life of people living with diabetes.” The experts emphasized the importance of ensuring effective, accessible, and uninterrupted treatments to reduce the risk of developing complications. The authors of the resolution also emphasized the importance of data collection standardization. They highlighted the role of the Commission’s ‘Healthier Together’ initiative, launched in December 2021, which aimed to prevent, manage, and treat non-communicable diseases. The resolution calls on member states to develop, implement, and monitor national diabetes plans and strategies with” comparable milestones and targets” in recognition of inequalities in public health strategies and care as well as access to healthy and sustainable food across member states.

Therefore, owing to the factors above, the studied market is anticipated to witness growth over the analysis period.

Injectable Anti-diabetic Drugs Industry Segmentation

Injectable anti-diabetic Drugs composed of GLP-1 receptor agonists are a type of non-insulin medication that is used in combination with diet and exercise to help treat type 2 diabetes and insulin. The injectable anti-diabetic drugs market is segmented into drugs (dulaglutide, exenatide, ligarglutide, lixisenatide, and semaglutide), brands (byetta, bydureon, victoza, trulicity, lyxumia, and ozempic), and geography (North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America). The report offers the value (in USD) and volume (in units) for the above segments.