Dipeptide Peptidase 4 Dpp 4 Inhibitors Market Overview 2022 to 2030, Future Trends and Forecast | CAGR 3%

In accordance with the Dipeptide Peptidase 4 Dpp 4 Inhibitors market is set to grow at a CAGR of 3% over a forecast period (2022-2030).

The key aspect that drives the growth of the market includes the rising incidences of diabetes particularly type 2 among the people across the globe. The prevalence of diabetes in 2019 across the globe was more than 463 million and is projected to increase over the forecast period as per the International Diabetes Federation (IDF)'s projections. The dipeptidyl peptidase 4 (DPP-4) inhibitors aids in the release of insulin secretion in the patients' body and regulates the sugar levels in the body. Hence, such factors are likely to enhance the growth of the market over the forecast period. However, numerous side effects associated with the intake of dipeptidyl peptidase 4 (DPP-4) inhibitors in form of drugs challenge the growth of the market.

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The "Dipeptide Peptidase 4 Dpp 4 Inhibitors Market" Report includes qualitative and quantifiable insights into the major drivers, restraints, opportunities, and challenges affecting global market growth. The examination contains complete statistical market data on the major companies, as well as revenue forecasts. The Dipeptide Peptidase 4 Dpp 4 Inhibitors market study also includes information on the sales growth of many regional and country-level markets, as well as the competitive landscape and specific company analysis for the forecast period. The market report observes future growth aspects as well as the current status of market share, penetration of various types, technologies, applications, and geographies through 2030.

Dipeptide Peptidase 4 Dpp 4 Inhibitors Market Leading Players:

Sanofi, Takeda Pharmaceuticals, Eli Lilly, Merck, Novo Nordisk, Bristol-Myers Squibb, Pfizer, AstraZeneca, GlaxoSmithKline, Boehringer Ingelheim

Recent Development:

In July 2022, Glenmark Pharmaceuticals Limited announced the launch of a fixed dose combination (FDC) with sitagliptin for adults with type 2 diabetes in India. Glenmark has launched eight combinations of sitagliptin-based drugs and affordable variants under the brand name SITAZIT®.

With the patent expiry of the Merck & Co drug Januvia/Janumet (sitagliptin) approaching in May 2022, India's drug pricing regulator, the National Pharmaceutical Pricing Authority (NPPA), has set the price for a fixed-dose combination of several antidiabetic drugs under the patented component 50 % Sale.

This Research Considers the following Regions on Prime focus:

North America (U.S., Canada)

Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)

Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Regional Overview:

Asia-Pacific holds the highest market share in the Dipeptide Peptidase 4 (DPP-4) Inhibitors Market and is also expected to register a CAGR of more than 4% in the forecast period.

The use of oral anti-diabetes drugs is rising, due to the fact that new generation oral drugs, such as DPP-4 and SGLT-2, reduce the rate of CV risk in diabetes patients. In the Asia-Pacific region, China and Japan have been recognized as potential developing markets, due to the growing diabetic population in this region.

Global Dipeptide Peptidase 4 Dpp 4 Inhibitors Market Segmentation:

By type:

Sitagliptin

Saxagliptin

Linagliptin

Alogliptin

Vildagliptin

By application:

Hospitals

Clinics

Year Considered Estimating the Market Size:

Historical Years: 2017-2021

Base Year: 2022

Estimated Year: 2022

Forecast Period: 2023-2030

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Report Aim and Scope:

An overview of the Dipeptide Peptidase 4 Dpp 4 Inhibitors market based on geographical scope, segmentation, and financial performance of key players is presented in the report.
The report presents the estimated Dipeptide Peptidase 4 Dpp 4 Inhibitors market size by the end of the forecast period. Additionally, the historical and current market size is also examined in the report.
Based on various indicators, the Year-on-Year Growth (%) and compound annual growth rate (CAGR) for the given forecast period are offered.
The report presents current trends in the industry and the future scope of the market in North America, Asia Pacific, Europe, Latin America, and Europe.
The various parameters accelerating the growth of the Dipeptide Peptidase 4 Dpp 4 Inhibitors market is incorporated in the research report.
The report analyzes the growth rate, market size, and valuation of the market during the forecast period.

Key Reasons to Purchase:

- To gain insightful analyses of the market and have a comprehensive understanding of the global market and its industrial landscape.

- To identify and analyze the profile of leading players operating in the global Dipeptide Peptidase 4 Dpp 4 Inhibitors market.

- To understand the most affecting driving and restraining forces in the market and their impact on the global market.

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