(Health-NewsWire.Net, June 22, 2016 ) Diabetes, often referred to as diabetes mellitus, is a metabolic disease in which the patients' blood glucose levels remains high. Depending on the cause of development of diabetes, it can be divided into three types: Type 1 diabetes (or insulin-dependent diabetes mellitus): In this condition, the pancreas do not produce the required amount of insulin, leading to high blood glucose levels. Type 2 diabetes (non-insulin dependent diabetes mellitus): In this condition, though the body produces the required amount of insulin, the cells do not respond to it, increasing the glucose levels in the body. Gestational diabetes: This condition occurs in pregnant women without any prior history of diabetes Type 2 diabetes, also known as adult-onset diabetes, is a result of the body's inability to produce enough insulin or insulin resistance or both. It is managed by providing symptomatic relief and improving the quality of life. Type 2 diabetes accounts for nearly 90%-95% of the total number of diabetes cases worldwide and is primarily diagnosed in the middle-aged and old age groups, i.e., between the ages of 30 and 75 years. However, it can occur even during childhood. The risks of type 2 diabetes include high blood pressure, advancing age, obesity, history of gestational diabetes, family history of diabetes, poor nutrition during pregnancy, physical inactivity, and impaired glucose tolerance.
Technavios analysts forecast the global type 2 diabetes drugs market to grow at a CAGR of 7.28% during the period 2016-2020.
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Covered in this report The report covers the present scenario and the growth prospects of the global type 2 diabetes drugs market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of branded drugs, generics, and biosimilars used to treat type 2 diabetes.
The market is divided into the following segments based on geography: Americas APAC EMEA
New report, Global Type 2 Diabetes Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors AstraZeneca plc Eli Lilly and Company Merck & Co. Inc. Novo Nordisk A/S Sanofi SA
Other prominent vendors Adocia Akros Pharma Amgen Astellas Pharma Biocon Boehringer Ingelheim Chipscreen Biosciences ConjuChem CymaBay Therapeutics Daiichi Sankyo DiaMedica Diasome Pharmaceuticals Dong-A ST Elcelyx Therapeutics Exsulin Generex Genfit Hanmi Hua Medicine InteKrin Therapeutics Ionis Pharmaceuticals Janssen Pharmaceuticals Japan Tobacco Kadmon KinDex Pharmaceuticals Kissei Kotobuki Pharmaceutical Lexicon Pharmaceuticals Ligand MannKind MedImmune Melior Pharmaceuticals Metabolic Solutions Development Company Mitsubishi Tanabe Pharma Novartis NGM Bio NuSirt Biopharma Oramed Peptron Pfizer PhaseBio Poxel Sanwa Kagaku Kenkyusho Sirona Biochem Takeda Theracos Theratechnologies Transition Therapeutics VeroScience vTv Therapeutics XBiotech
Market driver Rising prevalence of diabetes For a full, detailed list, view our report
Market challenge Low diagnosis rate For a full, detailed list, view our report
Market trend Increase in awareness of diabetes For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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