GLP-1 receptor agonists market is projected to grow at a considerable CAGR of around 7% during the forecast period (2020-2026). The increasing advancement in drug development along with the presence of a strong product pipeline is anticipated to drive the growth of the global market. GLP-1 receptor agonists are a category of antidiabetic agents that performs functioning of the glucagon-like peptide. GLP-1 is a natural incretin compound that influences the body functioning once they get released from the gut during digestion. The growing prevalence of obesity and the geriatric population that leads to diabetes are some other factors anticipated to drive the growth of the global market.
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The GLP-1 receptor agonists market is segmented on the basis of drug type. Based on drug type, the market is segmented into Exenatide (Bydureon, Byetta), LiraglutidE (Victoza), Lixisenatide (Lyxumia), and Dulaglutide (Trulicity). Dulaglutide is anticipated to hold major market share based on drug type during the forecast period. Dulaglutide (Trulicity) is a medication prepared by Eli Lily and Company. It is a prescribed medication for adults with type 2 diabetes to improve blood sugar (glucose). In addition, this medication is used to reduce the risk of major cardiovascular disorders such as heart attack. The increasing number of prescriptions for trulicity owing to its offered benefits is a key factor contributing to the growth of this market segment.
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Market Segmentation
Global GLP-1 receptor agonists Market by Drug Type
Exenatide
Liraglutide
Lixisenatide
Dulaglutide
Company Profiles
AstraZeneca PLC
Bristol Mayer Squibb, Co.
Eli Lilly & Company
Merck & Co., Inc.
Novo Nordisk A/S
Sanofi SA
Global Market– Segmentation by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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