The global Biguanide market is expected to show a considerable CAGR of more than 7.0% rate during the forecast period 2020-2026. Biguanide is a group of oral drugs used to treat type 2 diabetes. It works by reducing the amount of sugar released by the liver in the blood. In addition, it also improves the response of the body towards insulin. Metformin is the most common Biguanide available in the global market. It is used as a first-line treatment for type 2 diabetes

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The market study of the global Biguanide market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

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Market Segmentation
Global Biguanide Market by Type

 Metformin IR (Immediate-Release)
 Metformin ER (Extended Release)
 Other Biguanide (Buformin, Phenformin, Chlorproguanil, Chloroguanide)

Global Biguanide Market by Dosage Form

 Tablet
 Solution




Company Profiles

 Aarti Drugs Ltd.
 Amneal Pharmaceuticals, Inc.
 Apotex Corp.
 AstraZeneca PLC
 BOEHRINGER Ingelheim International GmbH
 Bristol-Myers Squibb Co.
 Cadila Healthcare Ltd.
 Dr. Reddy's Laboratories, Inc.
 Eli Lilly and Co.
 Glenmark Pharmaceuticals, Ltd.

GlobalBiguanide 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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