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Dipeptidyl Peptidase 4 Inhibitors Market Size

  • Report ID: GMI11600
  • Published Date: Sep 2024
  • Report Format: PDF

Dipeptidyl Peptidase 4 Inhibitors Market Size

The global dipeptidyl peptidase 4 (DPP-4) inhibitors market was valued at USD 11.3 billion in 2023 and is projected to grow at a 3.5% CAGR from 2024 to 2032. This growth is primarily driven by the rising prevalence of type 2 diabetes worldwide, increasing the demand for effective treatments.

 

DPP-4 inhibitors have gained popularity due to their ability to regulate blood sugar levels without causing significant side effects such as weight gain or severe hypoglycemia. These medications work by preventing the breakdown of incretin hormones, thereby stimulating insulin release in response to meals, making them a preferred choice for managing type 2 diabetes.

 

Advancements in drug development and formulation have also played a significant role in the market's growth. Pharmaceutical companies are continually researching and developing new DPP-4 inhibitors that offer improved efficacy, safety, and tolerability. For instance, newer formulations with longer half-lives allow for less frequent dosing, which can enhance patient compliance. Additionally, there is a growing trend toward combination therapies that include DPP-4 inhibitors alongside other antidiabetics, providing a comprehensive approach to managing blood sugar levels in patients with type 2 diabetes. These advancements are expected to contribute to the market's continued expansion in the coming years.

 

Dipeptidyl peptidase 4 (DPP-4) inhibitors are oral medications used to treat type 2 diabetes. They work by inhibiting the DPP-4 enzyme, which deactivates incretin hormones like GLP-1 and GIP. These hormones increase insulin secretion and reduce glucagon levels after meals, helping regulate blood sugar. By blocking DPP-4, these drugs increase incretin levels, improving blood glucose control. Common DPP-4 inhibitors include sitagliptin, saxagliptin, linagliptin, and alogliptin, which are often used in combination with other antidiabetic medications.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The dipeptidyl peptidase 4 inhibitors industry was valued at USD 11.3 billion in 2023 and is projected to grow at a 3.5% CAGR from 2024 to 2032. This growth is driven by the rising prevalence of type 2 diabetes worldwide, increasing the demand for effective treatments.

Based on drug type, the market is classified into sitagliptin, saxagliptin, linagliptin, alogliptin, vildagliptin, and other drug types. The sitagliptin segment dominated the market with 40.4% of the market share in 2023.

The North American market for dipeptidyl peptidase 4 inhibitors recorded USD 4.6 billion in 2023 and is expected to witness growth at a 3.4% CAGR during the analysis period.

Prominent companies in the dipeptidyl peptidase 4 inhibitors market include AstraZeneca plc, Bristol Myers Squibb Company, Boehringer Ingelheim International GmbH, Eli Lilly and Company, Merck & Co., Inc., Mitsubishi Tanabe Pharma Corporation, Novartis AG, Pfizer, Inc., Takeda Pharmaceuticals Company Limited, Sanofi, and Sanwa Kagaku Kenkyusho Co., Ltd.

Dipeptidyl Peptidase 4 Inhibitors Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 210
  • Countries covered: 22
  • Pages: 117
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