Home > Healthcare > Pharmaceuticals > Disease Specific Drugs > Dipeptidyl Peptidase 4 Inhibitors Market

Dipeptidyl Peptidase 4 Inhibitors Market Trends

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

Dipeptidyl Peptidase 4 Inhibitors Market Trends

  • The increasing global prevalence of type 2 diabetes drives the growth of the DPP-4 inhibitors market.
     
  • Type 2 diabetes has become more common worldwide due to lifestyle factors such as poor diet, lack of physical activity, and rising obesity rates.
     
  • For instance, according to the World Health Organization, approximately 422 million people are affected by diabetes globally, with the majority residing in low- and middle-income countries. Diabetes directly causes about 1.5 million deaths each year, and over 95% of those with diabetes have type 2.
     
  • Similarly, as per the Centers for Disease Control and Prevention (CDC), 37.3 million people in the U.S. have diabetes (11.3% of the population), and 96 million adults aged 18 years or older have prediabetes (38.0% of the adult U.S. population).
     
  • This rising number of diabetes cases has increased the demand for effective treatment options, including DPP-4 inhibitors, which play a crucial role in comprehensive diabetes management strategies.
     
  • Additionally, the preference for oral medications supports the growth of the DPP-4 inhibitors market. Patients often favor oral DPP-4 inhibitors over injectable treatments due to their convenience and ease of use.
     
  • According to the National Health and Nutrition Examination Survey (NHANES), the use of DPP-4 inhibitors among adults with type 2 diabetes in the U.S. increased from 0.5% in 2003-2006 to 10.4% in 2015-2018.
     
  • The combination of efficacy, safety, and ease of use has led many patients and healthcare providers to favor DPP-4 inhibitors, supporting market growth.
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

Buy Now


Premium Report Details

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