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Glucagon-Like Peptide-1 (Glp-1) Analogs Market will generate new growth opportunities 2022-2028 | Novo Nordisk, Eli-Lilly and Company

January 13th, 2022 Coherent Market Insights Releases

Glucagon-Like Peptide-1(Glp-1) analogs and their derivatives are an important part of diabetes management. These analogs can help to control the blood glucose level more effectively. The term ‘glucagon-type’ is a synonym for glucagon which is a naturally occurring hormone with multiple physiological functions. The glucagon analogs stimulate the pancreas to secrete the hormone. Glucagon-Like Peptide-1 analogs have similar effects as the natural hormone in humans.

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Global Glucagon-Like Peptide-1 (Glp-1) Analogs Market: Drivers

High prevalence of diabetes is expected to propel growth of the global glucagon-like peptide-1 (glp-1) analogs market over the forecast period. For instance, according to the National Diabetes and Diabetic Retinopathy Survey report published in October 2019, the prevalence of diabetes in India was 11.8% during 2015-2019 and the prevalence of known diabetes cases was 8.0% and new diabetes cases was 3.8% during the period.

Moreover, approval and launch of new products is expected to propel growth of the global glucagon-like peptide-1 (glp-1) analogs market. For instance, in October 2017, Novo Nordisk received FDA approval for once-a-week GLP-1 analog semaglutide.

Global Glucagon-Like Peptide-1 (Glp-1) Analogs Market: Opportunities

Patent expiry is expected to offer lucrative growth opportunities for players in the global glucagon-like peptide-1 (glp-1) analogs market. Exenatide is the first GLP-1 analog approved in 2005, marketed by AstraZeneca under brand names Byetta and Byedureon Bcise. Its patent expired in October 2017.

Global Glucagon-Like Peptide-1 (Glp-1) Analogs Market: Restraints

Discontinuation of brands is expected to hinder growth of the global glucagon-like peptide-1 (glp-1) analogs market. For instance, GSK announced to discontinue the global sale of albiglutide brand Tanzeum, Eperzan from July 2018 due to low profits.

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Discontinuation of clinical development is also expected to hinder growth of the global glucagon-like peptide-1 (glp-1) analogs market. For instance, in 2016, Roche decided to halt clinical development of Taspoglutide, a molecule targeting once a week dosing as against daily dosing regimen of other GLP-1 analogs, due to high gastrointestinal side effects and hypersensitivity reactions.

High cost of products is expected to hinder growth of the global glucagon-like peptide-1 (glp-1) analogs market. GLP-1 analogs are relatively expensive (US$ 492 for 30-day therapy) as compared to conventional type-2 diabetes medications (US$ 5-9 for 30-day therapy).

Global Glucagon-Like Peptide-1 (Glp-1) Analogs Market: Competitive Landscape

Major players operating in the global glucagon-like peptide-1 analogs market include, AstraZeneca plc, Eli Lilly and Company, F., Hoffmann-La Roche Ltd., GlaxoSmithKline plc, Novo Nordisk, and Sanofi.

Global Glucagon-Like Peptide-1 (Glp-1) Analogs Market: Segmentation

On the basis of drug:

  • Exenatide
  • Liraglutide
  • Lixisenatide
  • Dulaglutide
  • Semaglutide
  • Albiglutide

On the basis of distribution channel:

  • Retail Pharmacy
  • Hospital pharmacy

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Reasons to Purchase This Report

• Current and future of Glucagon-Like Peptide-1 (Glp-1) Analogs Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Glucagon-Like Peptide-1 (Glp-1) Analogs Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Glucagon-Like Peptide-1 (Glp-1) Analogs Industry Impact

Chapter 2 Global Glucagon-Like Peptide-1 (Glp-1) Analogs Competition by Types, Applications, and Top Regions and Countries
2.1 Global Glucagon-Like Peptide-1 (Glp-1) Analogs (Volume and Value) by Type
2.3 Global Glucagon-Like Peptide-1 (Glp-1) Analogs (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Glucagon-Like Peptide-1 (Glp-1) Analogs Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Glucagon-Like Peptide-1 (Glp-1) Analogs Market Analysis
Chapter 6 East Asia Glucagon-Like Peptide-1 (Glp-1) Analogs Market Analysis
Chapter 7 Europe Glucagon-Like Peptide-1 (Glp-1) Analogs Market Analysis
Chapter 8 South Asia Glucagon-Like Peptide-1 (Glp-1) Analogs Market Analysis
Chapter 9 Southeast Asia Glucagon-Like Peptide-1 (Glp-1) Analogs Market Analysis
Chapter 10 Middle East Glucagon-Like Peptide-1 (Glp-1) Analogs Market Analysis
Chapter 11 Africa Glucagon-Like Peptide-1 (Glp-1) Analogs Market Analysis
Chapter 12 Oceania Glucagon-Like Peptide-1 (Glp-1) Analogs Market Analysis
Chapter 13 South America Glucagon-Like Peptide-1 (Glp-1) Analogs Market Analysis
Chapter 14 Company Profiles and Key Figures in Glucagon-Like Peptide-1 (Glp-1) Analogs Business
Chapter 15 Global Glucagon-Like Peptide-1 (Glp-1) Analogs Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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