Japan Semaglutide Drugs Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 9.2% from 2024 to 2030.
Japan's pharmaceutical landscape is experiencing a significant transformation with the introduction and growing demand for semaglutide, a glucagon-like peptide-1 (GLP-1) receptor agonist. Approved by the Japanese Ministry of Health, Labour, and Welfare (MHLW) in 2019, semaglutide, marketed under the brand name Ozempic by Novo Nordisk, has become a pivotal treatment for type 2 diabetes. citeturn0search0
The market for GLP-1 agonists in Japan was valued at approximately USD 277.8 million in 2024, with projections indicating a rise to USD 915.9 million by 2030. Semaglutide (Wegovy) emerged as the leading revenue-generating drug in this category in 2024. citeturn0search3
Semaglutide's efficacy in regulating blood sugar levels and promoting weight loss has led to its endorsement under Japan's universal health coverage. However, its prescription is subject to stringent criteria, primarily being administered through specialist weight management services. citeturn0search1
The demand for semaglutide has influenced the dynamics of Japan's diabetes care market, particularly impacting the non-insulin injectable drugs segment. This segment is projected to exhibit a growth rate of approximately 6% during the forecast period of 2024-2029, driven by the increasing adoption of GLP-1 receptor agonists like semaglutide. citeturn0search2
In summary, semaglutide has significantly influenced Japan's pharmaceutical market, particularly in the diabetes care sector. Its impact is evident across various market segments, shaping both patient treatment options and industry dynamics.
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Novo Nordisk
Huadong Medicine
Shanghai Benemae Pharmaceutical
Aurisco
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Semaglutide Drugs Market
Injectable Semaglutide
Oral Semaglutide
Type 2 Diabetes Treatment
Weight Management
Cardiovascular Risk Reduction
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Direct Sales
Hospitals
Clinics
Homecare Settings
Nursing Facilities
Pens
Vials
Tablets
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Semaglutide Drugs Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Semaglutide Drugs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Semaglutide Drugs Market, By Type
6. Japan Semaglutide Drugs Market, By Application
7. Japan Semaglutide Drugs Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Semaglutide Drugs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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