Alpha-glucosidase Inhibitors Market Share

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

Alpha-glucosidase Inhibitors Market Share

North America Market Forecast

North America in alpha-glucosidase inhibitors market is estimated to account for more than 40.7% revenue share by the end of 2037, owing to the high prevalence of type 2 diabetes and advancements in drug production. The region has a strong presence of antidiabetic drug producers and advanced research and treatment organizations, which is positively influencing the sales of alpha-glucosidase inhibitors.

The U.S. market for alpha-glucosidase inhibitors was valued at USD 1.2 billion in 2023 and is expected to expand at a steady CAGR during the forecasted period. According to a 2024 report published by the Centers for Disease Control and Prevention (CDC) states that more than 38 million individuals  have diabetes with type 2 diabetes accounting for 90% to 95% of the total. Although type 2 diabetes primarily affects those 45 years of age and older, it is also increasingly occurring in children, teenagers, and young adults.

Improved patient education about diabetes management options and access to healthcare services in the country enhances the likelihood of prescribing alpha-glucosidase inhibitors.

Canada is witnessing a rising prevalence of diabetes that is augmenting the need for advanced therapeutics such as alpha-glucosidase inhibitors. For instance, according to Diabetes Canada, 30% of the individuals in the country are living with diabetes.  Moreover, rise in clinical research in Canada is crucial for validating and enhancing the role of alpha-glucosidase inhibitors in diabetes management, ultimately driving market growth and adoption.

APAC Market Statistics

Asia Pacific alpha-glucosidase inhibitors market is expected to observe over 4% growth between 2025 and 2037, owing to the increased healthcare expenditure. Several governments in the region are highly investing in advancing their healthcare infrastructure, which is set to drive the sales of antidiabetic drugs including alpha-glucosidase inhibitors. India, Japan, South Korea, and China are some of the top markets for alpha-glucosidase inhibitors in the region.

India is foreseen to witness high sales of alpha-glucosidase inhibitors owing to the growing cases of diabetes and rising government initiatives. India is home to the world's second highest number of diabetic patients. According to the National Center for Disease Control, Government of India, the country is projected to have 1.09 billion diabetes cases by 2035. Non-communicable diseases cause 9.8 million fatalities in the country, with diabetes accounting for 2% of total deaths each year.

Additionally, government health programs such as National Diabetes Control Program aims at managing diabetes and promoting preventive healthcare thus, contributing to the increased use of diabetes medications such as alpha-glucosidase inhibitors.

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Alpha-glucosidase Inhibitors Market Size
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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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