In a recently published report, Global Antidiabetic Drug Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Antidiabetic Drug Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Global Antidiabetic Drug Market valued approximately USD 49.60 billion in 2017 is anticipated to grow with a healthy growth rate of more than 10.20% over the forecast period 2018-2025. The Antidiabetic Drug Market is continuously growing on surging trend across the world over the coming years. The major driving factor of global Antidiabetic Drug market are rising cases of diabetes and changing lifestyle. In addition, rising demand for oral anti-diabetic drugs and increasing the percentage of obesity are also some major driving factor which fueling the market growth. However, one of the major restraining factor of global antidiabetic market are high cost of the drugs. Antidiabetic drugs is a type of drug which used in diabetes to treat diabetes mellitus. Diabetes mellitus is a type of short period comprehensive disease. It is mainly caused by glucose metabolism disorder due to absolute or relatively deficiency of insulin. The occurrence of Type 2 diabetes mellitus is a combination of peripheral insulin resistance and B cell dysfunction. Optimal treatment for type 2 should aim to improve insulin resistance and cardiovascular risk factor in addition to achieve glycemic control.
The regional analysis of Global Antidiabetic Drug Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the dominant region across the world in terms of market share owing to high market penetration of modern insulin and presence of high health expenditure. Asia-Pacific is also anticipated higher growth rate / CAGR over the forecast period 2018-2025 due to rapidly improving healthcare expenditure levels, growing prevalence of Type 1 and Type 2 diabetes and increasing patient disposable income.
The major market player included in this report are:
• Eli Lilly
• Novartis
• Boehringer Ingelheim
• Merck
• Novo Nordisk
• Sanofi
• Astra Zeneca
• Takeda
• Bayer
• Pfizer
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
 Oral Drugs
 Injectable Drugs
By Application:
 Type 1 Diabetes
 Type 2 Diabetes
 Gestational Diabetes Mellitus
 Others
By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Antidiabetic Drug Market in Market Study:
 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors
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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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