Diabetes Drugs Market Revenue by Type, Analysis, Opportunities and Forecast by
2018-2023
In this report, LP Information covers the present scenario (with the base year
being 2017) and the growth prospects of global Diabetes Drugs market for 2018-
2023.
Diabetes is a condition that keeps your body from making enough insulin. Insulin is a
hormone that’s made by an organ called the pancreas. When the body doesn’t make enough
insulin, sugar builds up in the blood instead of moving to cells and being used for energy.
This causes blood sugar to be high. If blood sugar stays high for a long time, it can cause
serious health problems – including blindness, kidney damage, heart disease and stroke.
That’s why it’s important to take medicine that helps lower blood sugar levels. Diabetes can
be managed so you can live a normal, healthy life.
All diabetes drugs work to lower the levels of sugar in the blood. There are two basic types
of diabetes drugs: pills by mouth and shots injected into the skin. More than one drug is
often needed to manage diabetes. Some people try different pills, take more than one pill,
or take a pill along with shots.
As World overall economic downward trend in the past few years, and international
economic situation is complicated, in the next few years there will be many uncertainties,
coupled with diabetes drug industry in short supply on the market in the past few years,
more companies will enter into the diabetes drug industry, the current demand for diabetes
drug product is relatively high; comparing to the ordinary diabetes drug products selling on
the market. Diabetes drug’s price remains in the same level as compared with the past
years. The signal of market price change indicates the trend in the diabetes drug industry,
the market still have large potential.
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Over the next five years, LPI(LP Information) projects that Diabetes Drugs will register a
5.4% CAGR in terms of revenue, reach US$ 77900 million by 2023, from US$ 57000 million
in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of
Diabetes Drugs market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume
generated from the sales of the following segments:
Segmentation by product type:
Sulphonylureas
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