Global Type 2 Diabetes Market 2016-2020 Published By MarketResearchReports.biz

MarketResearchReports.Biz presents this most up-to-date research on “Global Type 2 Diabetes Market 2016-2020”

Description

Diabetes, often referred to as diabetes mellitus, is a metabolic disease in which the patients’ blood glucose levels remains high. Depending on the cause of development of diabetes, it can be divided into three types:

Type 1 diabetes (or insulin-dependent diabetes mellitus): In this condition, the pancreas do not produce the required amount of insulin, leading to high blood glucose levels.

Type 2 diabetes (non-insulin dependent diabetes mellitus): In this condition, though the body produces the required amount of insulin, the cells do not respond to it, increasing the glucose levels in the body.

Gestational diabetes: This condition occurs in pregnant women without any prior history of diabetes

Type 2 diabetes, also known as adult-onset diabetes, is a result of the body’s inability to produce enough insulin or insulin resistance or both. It is managed by providing symptomatic relief and improving the quality of life. Type 2 diabetes accounts for nearly 90%-95% of the total number of diabetes cases worldwide and is primarily diagnosed in the middle-aged and old age groups, i.e., between the ages of 30 and 75 years. However, it can occur even during childhood. The risks of type 2 diabetes include high blood pressure, advancing age, obesity, history of gestational diabetes, family history of diabetes, poor nutrition during pregnancy, physical inactivity, and impaired glucose tolerance.

Technavios analysts forecast the global type 2 diabetes drugs market to grow at a CAGR of 7.28% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global type 2 diabetes drugs market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of branded drugs, generics, and biosimilars used to treat type 2 diabetes.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio’s report, Global Type 2 Diabetes Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

AstraZeneca plc

Eli Lilly and Company

Merck & Co. Inc.

Novo Nordisk A/S

Sanofi SA

Market driver

Rising prevalence of diabetes

For a full, detailed list, view our report

Market challenge

Low diagnosis rate

For a full, detailed list, view our report

Market trend

Increase in awareness of diabetes

For a full, detailed list, view our report

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