Antidiabetic Sulphonylureas Market Import-Export Ratio, Share, Expansion Rate Forecast To 2028
Sulphonylureas are a class of organic compounds used in antidiabetic drugs that are widely used for management of type 2 diabetes mellitus. Antidiabetic sulphonylurea stimulate secretion of insulin from Beta cells in the pancreas, thus allowing the cells to use insulin better in response to rising levels of glucose in the blood. Major diabetes consequences include blindness, amputations, and kidney failure, with higher risk of death. According to the International Diabetes Federation, over million people have been diagnosed with diabetes, and an additional million are living undiagnosed currently.
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Major diabetes consequences include blindness, amputations, and kidney failure, with higher risk of death. Some of the medicines produced using sulphonylureas are Amaryl (glimepiride), Diabinese (chlorpropamide), Glucotrol (glipizide), Glucotrol XL (glipizide extended release), Diabeta (glyburide), Micronase (gluburide), Glynase PresTab (micronized glyburide), Tolinase (tolazamide), and Orinase (tolbutamide). Aging individuals and those with obesity are the key high-risk audience for diabetes.
Increasing geriatric population, rising prevalence of obesity, and rising patient awareness levels are some major factors driving market growth. A number of initiatives aimed at providing cost-effective anti-diabetic drugs to patients by establishing a sophisticated healthcare reimbursement network is a key global trend in developed countries.
Introduction of new and more efficient diabetes treatment and monitoring products is also expected to boost market growth to a significant extent in future. However, side effects of medicines such as hypoglycemia or low blood glucose level, skin reactions, unusual hunger, weight gain, upset stomach (nausea, diarrhea, tendency to pass gas), and dark urine expression are some factors restraining growth of the global antidiabetic sulphonylures market. Also, pregnant women, individuals allergic to sulfa drugs, and those with kidney or liver diseases are not recommended to consume antidiabetic sulphonylures drugs, which is impacting growth of the target market significantly.
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Global antidiabetic sulphonylureas market segmentation by types includes: first generation, second generation, and third generation. Similarly, by application segmentation includes: hospitals, clinics, and others. By region segmentation includes: North America, Europe, Asia Pacific, South America, and Middle East & Africa.
Some key players in this market are Pfizer, AstraZeneca, GlaxoSmithKline, Merck & Co, Eli Lilly, Sanofi, Takeda Pharmaceuticals, Novo Nordisk, Servier Laboratories, Boehringer Ingelheim, and Bristol-Myers Squibb.
Table of Contents
Outlook of the Industry
Global Market Competition Landscape
Global Market share
Supply Chain Analysis
Globalisation & Trade
Distributors and Customers
Import, Export, Consumption and Consumption Value by Major Countries
Global Market Forecast to 2028
Key success factors and Market Overview
Worldwide market extensive analysis considers the following points