Alpha-glucosidase Inhibitors Market Analysis

  • Report ID: 6473
  • Published Date: Sep 26, 2024
  • Report Format: PDF, PPT

Alpha-glucosidase Inhibitors Market Analysis

Indication (Type 2 Diabetes Mellitus, Pre-diabetes)

Type 2 diabetes mellitus segment is estimated to account for more than 89.5% alpha-glucosidase inhibitors market share by the end of 2037. The increasing prevalence of type 2 diabetes mellitus globally creates a substantial population in need of effective management solutions. For instance, the prevalence of type 2 diabetes mellitus among older adults accounted for 96% in 2021. As per the analysis by the World Health Organization (WHO), around 95% of people living with diabetes have type 2 diabetes. Alpha-glucosidase inhibitors specifically target postprandial blood sugar levels, making them valuable for managing the unique challenges faced by type 2 diabetes patients.

Drug Type (Acarbose, Miglitol, Voglibose, Combination Drugs)

The acarbose drug type segment in alpha-glucosidase inhibitors market is foreseen to hold a dominant revenue share through 2037 owing to its effectiveness in the treatment of diabetes. Acarbose has a proven track record in effectively managing postprandial blood glucose levels, making it a trusted choice among healthcare providers. The drug is often included in diabetes management guidelines, which supports its continued use in clinical practice and drives demand.

Acarbose has strong brand recognition and is marketed under various names, such as Glucobay in Europe and Asia, Precose in the U.S., and Prandase in Canada. Moreover, Acarbose is frequently used in combination with other antidiabetic medications, further enhancing its effectiveness and broadening its use among patients.

Our in-depth analysis of the global market includes the following segments:

Drug Type

 

  • Acarbose
  • Miglitol
  • Voglibose
  • Combination Drugs

Indication

  • Type 2 Diabetes Mellitus
  • Pre-diabetes

Type

  • Branded
  • Generic

Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 6473
  • Published Date: Sep 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global alpha-glucosidase inhibitors market will be valued at USD 3.5 billion in 2025.

Expanding at a CAGR of 3.7%, the global market is expected to increase from USD 3.4 billion in 2024 to USD 5.4 billion by 2037.

Some leading companies are Merck & Co., Inc., Novartis AG, Sanofi SA, Bayer AG, and Cipla Limited.

The type 2 diabetes mellitus segment is estimated to capture a strong 89.5% of the market share through 2037.

North America is expected to hold 40.7% of the global market share through 2037.
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