The dipeptide peptidase 4 inhibitors global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Dipeptide Peptidase 4 Inhibitors Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The dipeptide peptidase 4 inhibitors market size has grown strongly in recent years. It will grow from $10.73 billion in 2023 to $11.30 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to improved access to diabetes treatments, expanding indications for DPP-4 inhibitors beyond type 2 diabetes, increasing use of DPP-4 inhibitors in triple therapy regimens, growing geriatric population, increasing focus on healthcare, increasing focus on disease prevention, increasing oral anti-diabetic drugs, and increasing adoption in primary care settings.
The dipeptide peptidase 4 inhibitors market size is expected to see strong growth in the next few years. It will grow to $13.93 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to the increasing prevalence of type 2 diabetes, growing demand for effective diabetes management, aging population in diabetes incidence, increasing focus on personalized medicine, growing adoption of DPP-4 inhibitors in emerging markets, rising prevalence of diabetes and related complications, and increasing demand for diabetes management. Major trends in the forecast period include collaborations, product approvals, and research and development.
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Scope Of Dipeptide Peptidase 4 Inhibitors MarketThe Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Dipeptide Peptidase 4 Inhibitors Market Overview
Market Drivers -The rising prevalence of diabetes is expected to propel the growth of the dipeptide peptidase 4 inhibitors market going forward. Diabetes is a chronic medical condition that affects the way the body metabolizes glucose (sugar), which is a critical source of energy for the body's cells. Diabetes cases are increasing primarily because of the widespread adoption of sedentary lifestyles and unhealthy eating habits in contemporary societies. Dipeptidyl peptidase 4 inhibitors are utilized in diabetes management to enhance glycemic control by inhibiting the degradation of incretin hormones. For instance, in 2024, according to the International Diabetes Federation, a Belgium-based health organization, 537 million adults (1 in 10) were living with diabetes in 2021, and this is expected to rise to 643 million by 2030 and 783 million by 2045. Therefore, the rising prevalence of diabetes drives the dipeptide peptidase 4 inhibitors market.
Market Trends -
The dipeptide peptidase 4 inhibitors market covered in this report is segmented –
1) By Type: Sitagliptin, Saxagliptin, Linagliptin, Alogliptin, Vildagliptin, Others Types
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Channels
3) By Application: Type 2 Diabetes, Gestational Diabetes, Metabolic Syndrome, Other Applications
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Regional Insights - Asia-Pacific was the largest region in the dipeptide peptidase 4 inhibitors market in 2023. Latin America is expected to be the fastest-growing region in the forecast period. The regions covered in the dipeptide peptidase 4 inhibitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies - Major companies operating in the dipeptide peptidase 4 inhibitors market are Merck & Co. Inc., Novartis AG, Bristol Myers Squibb Company, AstraZeneca Plc, GlaxoSmithKline Plc, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Takeda Pharmaceutical Company Limited, Daiichi Sankyo Company Limited, Macleods Pharmaceuticals Ltd., Mitsubishi Tanabe Pharma Corp., Dr. Reddy's Laboratories Ltd., Cipla Limited, Cadila Healthcare Limited, Lupin Limited, Zydus Lifesciences Ltd., Glenmark Pharmaceuticals Ltd., Aurobindo Pharma Limited, Alkem Laboratories Ltd., Torrent Pharmaceuticals Limited, Biocon Limited, LG Life Sciences, USV Private Limited, Sanwa Kagaku Kenkyusho Co. Ltd., Kowa Company Ltd
Table of Contents
1. Executive Summary
2. Dipeptide Peptidase 4 Inhibitors Market Report Structure
3. Dipeptide Peptidase 4 Inhibitors Market Trends And Strategies
4. Dipeptide Peptidase 4 Inhibitors Market – Macro Economic Scenario
5. Dipeptide Peptidase 4 Inhibitors Market Size And Growth
…..
27. Dipeptide Peptidase 4 Inhibitors Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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