Glucagon like Peptide 1 (GLP – 1) Agonists Market 2019-2024 | Product Demand Status, Development, Market Drivers, Restraints, and Opportunities, Forecast to 2024

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Glucagon like Peptide 1 (GLP - 1) Agonists

The Glucagon like Peptide 1 (GLP – 1) Agonists Market report expects to give a 360-degree perspective available as far as cutting-edge innovation, key improvements, drivers, restrictions and future patterns with effect examination of these patterns available for present moment, mid-term and long term during the forecast period. Further, the report likewise covers key players profiling with point by point SWOT investigation, budgetary certainties and key improvements of items/administration from the previous three years.

The report first poses the Glucagon like Peptide 1 (GLP – 1) Agonists Market basics: definitions, applications, classifications, and market overview; product specifications; manufacturing processes; cost structures, raw materials and more.

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Scope of the Report:

  • The market is segmented by the drug (Exenatide, Liraglutide, Dulaglutide, Lixisenatide), by brand (Byetta, Bydureon, Victoza, Trulicity, Lyxumia) and by geography.

    There are 4 key segments covered in this Glucagon like Peptide 1 (GLP – 1) Agonists Systems Market report:

    • Competitor segment
    • Product type segment
    • End-use/application segment
    • Geography segment

    Glucagon like Peptide 1 (GLP – 1) Agonists Market with Key Segments:

    By Product Types: Type 1, Type 2, Type 3

    By Applications: Application 1, Application 2, Application 3

    By Key Players:

  • NovoNordisk
  • Sanofi
  • Eli Lilly
  • AstraZeneca

    Price of Report: $ 5000 (SUL)

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    Market Overview:

  • The glucagon-like peptide-1 (GLP-1) agonists market is expected to see a considerable amount of growth during the forecast period. The increase is mainly attributed to the improved efficiency of GLP-1.
  • Increasing diabetes prevalence in established and emerging countries is expected to drive the market. The increase in the diabetic population over the years is due to the overall effect of individual-level factors, like the increasing median age of the population and health factors, including increasing rates of obesity and inactivity levels among people.
  • In addition, lowering birth rates, along with increasing life expectancy, in countries like Japan, Italy, Germany, and France which have a high percentage of the geriatric population, are expected to drive the growth of the market.Novo Nordisk Victoza held a 55% market share in the GLP-1 agonist market in 2017, but it is expected that Eli Lilly‚Äôs Trulicity will dominate the market during the forecast period.

    Glucagon like Peptide 1 (GLP – 1) Agonists Market Report Provides the Following:

    Glucagon like Peptide 1 (GLP - 1) Agonists Market

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    Key Market Trends: – Constant Global Trend of High Diabetes Prevalence

    The sales of GLP-1 are directly proportional to the global trend of high diabetes prevalence.
    For instance, the percentages of type 2 diabetes in a few significant countries are as follows: China 22.8%, Oman 17.2%, Malaysia 12.9%, and so on.
    It is estimated, worldwide, that approximately USD 8.39 billion is spent on diabetes. The growth in the number of middle-class households, as well as increasing per capita income in these countries, are expected to result in better spending power in general, thereby helping to drive the market during the forecast period (2019-2024).
    Along with this, a few critical factors, such as advanced healthcare infrastructure, technological advancement, and availability of skilled medical professionals, are likely to play paradigm shifting roles in the overall growth of this market.

    North America to Dominate the Market in Terms of Revenue

    North America accounts for 77% of the overall GLP-1 market and is expected to witness a growth rate of 6.53%, during the forecast period.
    In the Middle East & Africa, the GLP-1 market is expected to see high growth during the forecast period, with a CAGR of 25.08%.
    In Asia-Pacific, according to the International Diabetes Federation, Japan and Australia have the highest per capita expenditure, of upwards of USD 3,000. However, China and India have the highest diabetes prevalence.

    Glucagon like Peptide 1 (GLP – 1) Agonists Market Covers Following Points in TOC:

    • Chapter 1: Glucagon like Peptide 1 (GLP – 1) Agonists Market Definition
    • Chapter 2: Research Methodology of Glucagon like Peptide 1 (GLP – 1) Agonists Market
    • Chapter 3: Glucagon like Peptide 1 (GLP – 1) Agonists Market Executive Summary
    • Chapter 4: Glucagon like Peptide 1 (GLP – 1) Agonists Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
    • Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
    • Chapter 6: Glucagon like Peptide 1 (GLP – 1) Agonists Market Segmentation by Types, End-User, and Applications Forecast to 2024
    • Chapter 7: Glucagon like Peptide 1 (GLP – 1) Agonists Market Segmentation by Geographical Regions
    • Chapter 8: Competitive Landscape of Glucagon like Peptide 1 (GLP – 1) Agonists Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
    • Chapter 9: Key Players for Glucagon like Peptide 1 (GLP – 1) Agonists Market

    For Detailed TOC Click Here

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