Global GLP-1 receptor agonists Market Trends | Segmentation, Outlook, Industry Report to 2021-2027


Posted September 18, 2021 by danishahmed

GLP-1 receptor agonists market is projected to grow at a considerable CAGR of around 7% during the forecast period (2020-2026).

 
GLP-1 receptor agonists market is projected to grow at a considerable CAGR of around 7% during the forecast period (2020-2026). The increasing advancement in drug development along with the presence of a strong product pipeline is anticipated to drive the growth of the global market. GLP-1 receptor agonists are a category of antidiabetic agents that performs functioning of the glucagon-like peptide. GLP-1 is a natural incretin compound that influences the body functioning once they get released from the gut during digestion. The growing prevalence of obesity and the geriatric population that leads to diabetes are some other factors anticipated to drive the growth of the global market.

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The GLP-1 receptor agonists market is segmented on the basis of drug type. Based on drug type, the market is segmented into Exenatide (Bydureon, Byetta), LiraglutidE (Victoza), Lixisenatide (Lyxumia), and Dulaglutide (Trulicity). Dulaglutide is anticipated to hold major market share based on drug type during the forecast period. Dulaglutide (Trulicity) is a medication prepared by Eli Lily and Company. It is a prescribed medication for adults with type 2 diabetes to improve blood sugar (glucose). In addition, this medication is used to reduce the risk of major cardiovascular disorders such as heart attack. The increasing number of prescriptions for trulicity owing to its offered benefits is a key factor contributing to the growth of this market segment.
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Market Segmentation

Global GLP-1 receptor agonists Market by Drug Type

 Exenatide
 Liraglutide
 Lixisenatide
 Dulaglutide

Company Profiles

 AstraZeneca PLC
 Bristol Mayer Squibb, Co.
 Eli Lilly & Company
 Merck & Co., Inc.
 Novo Nordisk A/S
 Sanofi SA

Global Market– Segmentation by Region
North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America


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Issued By Danish Ahmed
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Country India
Categories Business
Tags global glp1 receptor agonists market
Last Updated September 18, 2021