Type 2 Diabetes Market Size 2023: Epidemiology, Industry Trends and Forecast by 2033

IMARC Group has recently released a report titled “Type 2 Diabetes Market: Analysis of Epidemiology, Industry Trends, Size, Share, and Future Forecast (2023-2033)” that presents a comprehensive assessment of the type 2 diabetes market size. The report provides an extensive overview of the latest market trends, growth prospects, investment opportunities, and industry outlook, as well as an in-depth analysis of the disease landscape, market scenario, and growth trends. Furthermore, the report offers an analysis of competitors, regional markets, and recent advancements in the global market. It also sheds light on crucial segments and market drivers, along with challenges faced by industry players. This report is a valuable resource for stakeholders who want to gain valuable insights into the type 2 diabetes market.

Type 2 diabetes refers to a chronic metabolic condition that arises when the body develops resistance to insulin or loses its ability to produce enough insulin to maintain blood glucose levels. Some of the common signs of this ailment include increased thirst and urination, blurred vision, slow-healing wounds, fatigue, tingling or numbness in the feet or hands, etc. If the disease progresses, an individual may experience frequent yeast infections or darkened skin areas, especially in the neck, armpits, and groin. The diagnosis of type 2 diabetes involves blood tests, fasting plasma glucose tests, A1C, and oral glucose tolerance tests.

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The increasing instances of insulin resistance, which inhibits glucose from entering the cells and being used for energy, are primarily driving the Type 2 diabetes market. Additionally, the rising cases of several risk factors, including a diet rich in sugar and processed foods, high blood pressure, certain medical conditions like polycystic ovary syndrome (PCOS), etc., are also augmenting the market growth.

Furthermore, the escalating utilization of various oral medicines, such as sulfonylureas, meglitinides, DPP-4 inhibitors, metformin, etc., to lower blood sugar levels is creating a positive outlook for the market. Apart from this, the growing preference for non-invasive procedures like the oral glucose tolerance test (OGTT) owing to their several associated benefits, including the minimized risk of infection, enhanced convenience, potential for early disease diagnosis and detection, etc., is acting as another significant growth-inducing factor. Moreover, the inflating adoption of smart insulin, which helps reduce the likelihood of hypoglycemia and efficiently manage the condition, is expected to propel the Type 2 diabetes market in the coming years.

Report Period:

Base Year: 2022
Historical Period: 2017-2022
Market Forecast: 2023-2033

Countries Included:

United States
Germany
France
United Kingdom
Italy
Spain
Japan

Analysis Covered Across Each Country

Historical, current, and future epidemiology scenario
Historical, current, and future performance of the Type 2 diabetes market
Historical, current, and future performance of various therapeutic categories in the market
Sales of various drugs across the Type 2 diabetes market
Reimbursement scenario in the market
In-market and pipeline drugs

In-Market Drugs

Drug Overview
Mechanism of Action
Regulatory Status
Clinical Trial Results
Drug Uptake and Market Performance

Late-Stage Pipeline Drugs

Drug Overview
Mechanism of Action
Regulatory Status
Clinical Trial Results
Regulatory Status

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Key Questions Answered in this Report:

How has the Type 2 diabetes market performed so far and how will it perform in the coming years?
What are the markets shares of various therapeutic segments in 2022 and how are they expected to perform till 2033?
What was the country-wise size of the Type 2 diabetes market across the seven major markets in 2022 and what will it look like in 2033?
What is the growth rate of the Type 2 diabetes market across the seven major markets and what will be the expected growth over the next ten years?
What are the key unmet needs in the market?

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