China Diabetes Drug Market Analysis

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  • Type: Common Disease Area
  • Published : April 2021
  • Region: Asia
  • Country: China
  • Report ID : 1637

  • Format: PPT, PDF

China Diabetes Drug Market: Segmented by Drug Type (Oral Anti-diabetic Drugs, Insulins, Non-insulin injectable drugs, and Combination drugs), By Route of Administration (Oral, Subcutaneous, and Intravenous) – Growth, Trends, and Forecasts (2019 – 2028)

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Report Overview

The China diabetes drug market size stood at around USD 4.84 billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of XX% during the forecast period.

China has the largest number of diabetic patients in the world and has the fastest increase in the prevalence of diabetes. Approximately 114.4 million people in China are affected by diabetes. The Government of China is introducing numerous healthcare reforms, which are bolstering the market growth. For instance, it is encouraging foreign investments and allowing multinational companies (MNCs) to offer their services in the country. This has enabled patients to diagnose diabetes at the nascent stage and manage it properly.

Market Drivers

Chinese people are genetically more vulnerable to diabetes as compared to Europeans. Apart from this, unawareness about health issues, significant consumption of white rice, and poor healthcare infrastructure represent the prominent factors driving the incidences of diabetes. Prominent drug manufacturers in China are focusing on increasing their budget for research and development (R&D) activities to create innovative drugs. This trend, in confluence with the highly developed pharmaceutical industry, is contributing to the market growth in the country. Apart from this, a sedentary lifestyle clubbed with the intake of an unhygienic diet significantly contributes to the increased number of diabetic cases in the country.

 

1. China Diabetes Drugs Market Overview…………………………………………………
A. Market Size
2. Market Growth Drivers………………………………………………………………
A. Sedentary Lifestyle Clubbed With The Intake Of Unhygienic Diet
B. R&D Deployment And Advance Healthcare Infrastructure
3. Diabetes types …………………………………………………………………………
A. Type 1
B. Type 2
C. Gestational
4. Diabetes drugs Market Segmentation…………………………………………………..
A. Drug type
I. Oral Anti-diabetic drug
II. Insulins
III. Non-insulin injectable drugs
IV. Combination drugs
B. Route of administration
I. Oral
II. Subcutaneous
III. Intravenous
5. Diabetes drugs Major Market Share…………………………………………..
A. Market Analysis, Insights and Forecast – By Revenue
6. Competitive Landscape…………………………………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles…………………………………………………………………..
A. Novo Nordisk Company Overview, Product & Services, Strategies & Financials
B. Sanofi Company Overview, Product & Services, Strategies & Financials
C. Eli Lilly Company Overview, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape………………………………
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth…………………………………………………………
A. New Trends and Development of Diabetes drug market
B. Future Opportunities
10. Conclusion

Market Segmentation

By Drug Type:

Based on the Drug Class, the market is segmented into Oral Anti-diabetic drugs (alpha-glucosidase inhibitors, DPP-4 inhibitors, and SGLT-2 inhibitors), Insulins (basal or long-acting, bolus or fast-acting, traditional human insulin drugs, and insulin biosimilars), Non-insulin injectable drugs (GLP-1 receptor agonists, and Amylin Analogue), and Combination drugs (combination insulin, oral combination). The use of oral anti-diabetes drugs is rising, since new generation oral drugs, such as DPP-4 and SGLT-2, reduce the rate of CV risk in diabetes patients.

By Route of Administration:

Based on the route of administration, the market is segmented into oral, subcutaneous, and intravenous. The oral segment is anticipated to register increased acceptance and a high CAGR due to its availability and relatively less complexity.

Major Players

In the Chinese geography, from the perspective of the competitive landscape of manufacturers, the current diabetes market still maintains a monopoly by giants, with the four giants Novo Nordisk, Sanofi, Eli Lilly, and Merck occupying 72% of the diabetes market. In January 2018, AstraZeneca’s exenatide microspheres were approved for marketing, becoming the first long-acting GLP-1 receptor agonist product in China to be injected once a week. In February 2019, Eli Lilly’s dulaglutide was released in the market which was approved for listing in China (trade name Duyida). From the current domestic market product structure, the generational differences with foreign products are gradually narrowing, and the market is expected to usher in expansion.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

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Stage I: Market Data Collection

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Market Trends: We generally look at macro parameter and micro indicators. The macro parameters includes changes in government policies, demand and supply of the market, government intervention programs and major market share. The micro indicators GDP growth, market size, market volume etc. We also understand nuances specific to each country like US, Canada, India, Germany, etc. and have worked across 60+ countries and hence no only understand global trends, but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
  • Analyzing current needs and determining penetration to estimate market

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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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