Glucagon Market Outlook 2029: Presents Market Insights & Depth Analysis

The global glucagon market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period. Glucagon is a metabolic hormone that increases the glucose level in the blood with the support of the liver which rapidly converts glycogen into glucose. The glucagon is secreted by the pancreas, which is further converted into glucose and released in the blood. It is basically used in the treatment of disorders such as low blood sugar and others. The primary factor attributing to the growth of the market includes the rising government activities such as FDA approvals and others across the globe. The globe has witnessed a considerable increase in the number of diabetic patients, which has increased the requirement for improved drugs for treatment. Hence, the government of several countries is pushing pharmaceutical companies and drug manufacturers to develop new and enhanced glucagon, which directly propels the growth of the market.

For instance, in December 2020, the US FDA approved the first generic of glucagon for injection USP, 1 mg/vial packaged in an emergency kit, for the treatment of severe hypoglycemia. Hypoglycemia is a condition of the very low blood sugar level,  which primarily occurs in patients with diabetes mellitus. The drug is also indicated as a diagnostic aid in the radiologic examination of the stomach, duodenum, small bowel, and colon when reduced ability to move.

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Market Coverage

                 The market number available for – 2022-2030

                 Base year- 2022

                 Forecast period- 2023-2030

Segment Covered- 

                 By Product Type

                 By Application

                 By Distribution Channel

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

                 Competitive Landscape- including Amgen Inc., Pfizer, Inc., Lilly USA, LLC, Xeris Biopharma Holdings, Inc., and others.

Glucagon Market Report Segment

By Product Type

                 Injectable

                 Nasal

By Application

                 Emergency Kits

                 General Use

                 Diagnostics and Motility

                 Others (Cardiogenic Shock)

By Distribution Channel

                 Hospital Pharmacies

                 Retail Pharmacies

                 Online Pharmacies

A full Report of Glucagon Market is Available @  https://www.omrglobal.com/industry-reports/glucagon-market

Glucagon Market Report Segment 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 and Africa 

Company Profiles 

                 Amgen Inc.

                 Amphastar Pharmaceuticals

                 Avalon Pharma Pvt. Ltd.

                 Bachem Holding AG

                 Fresenius SE & Co. KGaA

                 FUJIFILM Holdings Corp.

                 Lilly USA, LLC

                 Novo Nordisk A/S

                 Pfizer Inc.

                 Svar Life Science AB

                 Taj Pharmaceuticals Ltd. (Taj Group)

                 Xeris Biopharma Holdings, Inc.

                 Zealand Pharma A/S

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