Diabetes is a group of metabolic
diseases in which the person has high blood glucose (blood sugar) either
because insulin production is inadequate, or because the body's cells do not
respond properly to insulin, or both. Prediabetes happens when a person's blood
glucose levels are higher than normal but not high enough to be type 2
diabetes. Type 1 diabetes, Type 2 diabetes and Gestational diabetes are the
three types of diabetes. There are mainly three types of diabetes treatment
which include insulin, oral antidiabetic drug (OAD) and glucagon-like-peptide-1
(GLP-1).
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The report examines the diabetes
market on a global scale and its various segments and also provides detailed
information regarding the key regional markets. The region that has the largest
diabetic population is Western Pacific followed by South East Asia and other
regions. In terms of prevalence rate, the largest region is Middle East and
North Africa accompanied by North America and Caribbean. Europe is the market
leader in the insulin market worldwide whereas North America accounts for the
largest share in the global GLP-1 market.
The competition in the global
diabetes market is intense with few large players viz. Novo Nordisk, Takeda,
Sanofi-Aventis and Eli Lilly. The competitive landscape of the global and
regional diabetes markets, along with the company profiles of the leading
players are discussed in detail.
The major growth drivers observed
within the industry include increasing ageing population since older people are
more likely to have insulin resistance, increasing urbanization, rising obese
population and growing healthcare expenditure. However, the industry remains
threatened by certain challenges which include high diabetes cost which is a
huge burden for families.
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