Dipeptidyl Peptidase-4 (DPP-4) Inhibitors Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2022 to 2028)
The global dipeptidyl peptidase-4 (DPP-4) inhibitors market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The major factors that are expected to boost the market growth include increasing incidences of diabetes, particularly type-2 diabetes, as well as an increase in obesity populations. Moreover, an increase in clinical trials on the DPP-4 drugs is another factor that is expected to accelerate the growth of the market during the forecast period. The prevalence of diabetes in 2019 across the globe was more than 463 million and is projected to increase during the forecast period as per the International Diabetes Federation (IDF). The dipeptidyl peptidase 4 (DPP-4) inhibitors support in the release of insulin secretion in the patients' body and regulate the sugar levels in the body. Hence, such factors are likely to enhance the growth of the market during the forecast period. However, numerous side effects associated with the intake of dipeptidyl peptidase 4 (DPP-4) inhibitors is restraining the growth of the market.
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Tradjenta includes its
combination Jentadueto and Jentadueto XR, a combination of linagliptin
(Tradjenta) and metformin hydrochloride, for use in the treatment of type 2
diabetes. The type-2 diabetes drug, Tradjenta (linagliptin) was not launched in
Germany due to the decision by the county’s reimbursement authority, which
concluded that it doesn’t provide any additional benefits, compared to the
medicines already on the market. In order to maintain a strong position in the
market, these market players are adopting various strategic moves, such as
product launches, partnerships, collaborations, and mergers and acquisitions.
Merck held the highest market share in the DPP-4 inhibitors market and is
expected to maintain its position till 2022. After that, it may witness a
decline in market share, due to the expected launch of a generic version of
Sitagliptin in 2022.
•
The market number available for – 2021-2028
•
Base year- 2021
•
Forecast period- 2022-2028
Segment Covered-
·
By Drug
Regions covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape:
Merck and Co., Inc., AstraZeneca plc, Eli Lilly and Co., and Boehringer
Ingelheim GmbH, among others.
A
full Report of Dipeptidyl Peptidase-4 (DPP-4) Inhibitors Market is Available @ https://www.omrglobal.com/industry-reports/dipeptidyl-peptidase-4-dpp-4-inhibitors-market
Global Dipeptidyl Peptidase-4 (DPP-4) Inhibitors
Market Report by Segment
By Drug
• Januvia
• Onglyza/Kombiglyze
• Tradjenta
• Nesina
• Galvus
• Others
Global Dipeptidyl Peptidase-4 (DPP-4) Inhibitors
Market Report by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
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