Global Glucagon-Like Peptide-1 (GLP-1) Receptor agonists Market Size, Industry Trends, Share and Forecast 2020-2026


Posted August 7, 2020 by mansi3210

Global Glucagon-Like Peptide-1 (GLP-1) Receptor agonists Market Size, Share & Trends Analysis Report by Drug Type , LiraglutidE , Lixisenatide , and Dulaglutide 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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According to the Global Burden of Diseases, obesity is one of the leading factors for premature death and has 4.7 million deaths across the globe in 2017. Around8 % of mortality was attributed to obesity in 2017 across the globe. More than 13% of adults are obese and 39% of adults are overweight across the globe. Increasing the incidence of obesity promotes the chances of developing type2 diabetes which is the most common type of diabetes across the globe. Therefore, the high prevalence of obesity is anticipated to drive the demand for medications that are required in the treatment of type 2 diabetes. However, the failure of medications is anticipated to hinder the growth of the global GLP-1 receptor agonists market. For instance, in July 2017, GlaxoSmithKline Plc had discontinued the manufacturing and distribution of Tanzeum owing to the limited prescription of the drug along with its declining sales.

A full Report of Global Glucagon-Like Peptide-1 (GLP-1) Receptor agonists Market is Available at: https://www.omrglobal.com/industry-reports/glucagon-like-peptide-1-glp-1-receptor-agonists-market

Global GLP-1 Receptor Agonists Market Segmentation

By Drug Type

• Exenatide
• Liraglutide
• Lixisenatide
• Dulaglutide

Regional Analysis

• North America
• US
• Canada
• Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
• Rest of the World

Company Profiles

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

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Categories Business , Health , Medical
Tags market analysis , market forecast , market research , pharmaceuticals
Last Updated August 7, 2020