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Combination Anti-diabetes Drugs Market Share, Size 2019-2024 | Industry Analysis, Overview of Market Dynamics, Top Key Players, and Regional Forecast to 2024

Combination

The “Combination Anti-diabetes Drugs Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Combination Anti-diabetes Drugs market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Combination Anti-diabetes Drugs market is provided in detail in the report.

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Combination Anti-diabetes Drugs Market Covers Key Players:

  • Novo Nordisk
  • Merck
  • Sanofi

    Market Overview:

  • The diabetes population in the world is increasing continuously. This trend is mainly due to the changing lifestyle of the majority of the population. Most of the population have unhealthy lifestyles. The change in lifestyle is due to the economic and industrial development in recent times in most of the countries. For most of the population, sedentary lifestyles and seemingly endless fast-food options have replaced the traditional ways of work, travel, and cuisine, making way for the increase of diseases, such as diabetic. WHO projects that diabetes will be the seventh leading cause of death in 2030. In 2014, 8.5% of adults aged 18 years and older had diabetes. In 2015, diabetes was the direct cause of 1.6 million deaths and in 2012, high blood glucose was the cause of another 2.2 million deaths. It expected that this number would keep increasing shortly.

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Combination Anti-diabetes Drugs Market opportunities and recommendations for new investments

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    Scope of the Report:

  • The market is segmented by category (oral combinations and insulin combinations), by segment (Janumet, Ryzodeg, Xultophy, and NovoMix), and Geography

    Key Market Trends:

    Diabetes Patients Need More than One Drug to Control their Glycemic Level

    – Diabetes is considered to be a rich man disease, not only because of the cost of the drugs but also because of the number of medicines one must consume. Over the years, a large number of drug manufacturers has introduced combination drugs, thus making it more convenient for consumers.
    – These combination drugs have two or more active pharmaceutical ingredients, thus serving the purpose of two anti-diabetic drugs. The manufacturers have in the past started with essential oral medicines, such as Janumet and now have developed advanced insulin combinations, such as Ryzodeg and Xultophy.
    – Consumer preference for these drugs has increased considerably over time. The combination drugs market was valued 4.01 billion in 2018 and is expected to witness a CAGR of 10%, during the forecast period.

    Ryzodeg is Expected to Record a CAGR of 23%

    – Ryzodeg is a combination of ultra-long-acting insulin degludec (basal) and rapid-acting prandial insulin aspart (bolus).
    – At present, consumers need to use both the basal and bolus insulin to manage their glucose levels, but Ryzodeg acts as a perfect substitute to bolus and basal insulin.
    – Ryzodeg serves the purpose of the two insulin’s, making it more convenient for consumers. Due to its unique combination, the market for the drug is expected to grow exponentially shortly.
    – Ryzodeg is available in close to 18 countries, but Novo Nordisk plans to increase its marketing and sales resources to improve the availability of the drug inadvertently.

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    Detailed TOC of Combination Anti-diabetes Drugs Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Drivers
    4.3 Restraints
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 BY Drug
    5.1.1 Combination Drugs
    5.1.1.1 Insulin Combinations
    5.1.1.1.1 NovoMix (Biphasic Insulin Aspart)
    5.1.1.1.2 Ryzodeg (Insulin Degludec and Insulin Aspart)
    5.1.1.1.3 Xultophy (Insulin Degludec and Liraglutide)
    5.1.1.2 Oral Combination
    5.1.1.2.1 Janumet (Sitagliptin and Metformin HCl)
    5.2 Geography
    5.2.1 North America
    5.2.1.1 United States (Value and Volume 2012-2024)
    5.2.1.2 Canada (Value and Volume 2012-2024)
    5.2.1.3 Rest of North America (Value and Volume 2012-2024)
    5.2.2 Europe
    5.2.2.1 France (Value and Volume 2012-2024)
    5.2.2.2 Germany (Value and Volume 2012-2024)
    5.2.2.3 Italy (Value and Volume 2012-2024)
    5.2.2.4 Spain (Value and Volume 2012-2024)
    5.2.2.5 United Kingdom (Value and Volume 2012-2024)
    5.2.2.6 Russia (Value and Volume 2012-2024)
    5.2.2.7 Rest of Europe (Value and Volume 2012-2024)
    5.2.3 Latin America
    5.2.3.1 Mexico (Value and Volume 2012-2024)
    5.2.3.2 Brazil (Value and Volume 2012-2024)
    5.2.3.3 Rest of Latin America (Value and Volume 2012-2024)
    5.2.4 Asia – Pacific
    5.2.4.1 Australia (Value and Volume 2012 – 2024)
    5.2.4.2 China (Value and Volume 2012-2024)
    5.2.4.3 India (Value and Volume 2012-2024)
    5.2.4.4 Indonesia (Value and Volume 2012-2024)
    5.2.4.5 Japan (Value and Volume 2012-2024)
    5.2.4.6 Malaysia (Value and Volume 2012-2024)
    5.2.4.7 Philippines (Value and Volume 2012-2024)
    5.2.4.8 South Korea (Value and Volume 2012-2024)
    5.2.4.9 Thailand (Value and Volume 2012-2024)
    5.2.4.10 Vietnam (Value and Volume 2012-2024)
    5.2.4.11 Rest of Asia – Pacific (Value and Volume 2012-2024)
    5.2.5 Middle East & Africa
    5.2.5.1 Saudi Arabia (Value and Volume 2012-2024)
    5.2.5.2 Iran (Value and Volume 2012-2024)
    5.2.5.3 Egypt (Value and Volume 2012-2024)
    5.2.5.4 Oman (Value and Volume 2012-2024)
    5.2.5.5 South Africa (Value and Volume 2012-2024)
    5.2.5.6 Rest of Middle East & Africa (Value and Volume 2012-2024)

    6 MARKET INDICATORS
    6.1 Type-1 Diabetes population (2012-2024)
    6.2 Type-2 Diabetes population (2012-2024)

    7 COMPETITIVE LANDSCAPE
    7.1 Company Profiles
    7.1.1 Novo Nordisk
    7.1.2 Merck
    7.1.3 Sanofi

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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    Alfredo Epps is a finance expert heading the petroleum column. He joined the group last year as an associate writer. But his thorough research skills and ability to seamlessly putting numerical data into words helped him get a senior position. Apart from a column head, Alfredo is a dancer and a violinist.

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