Global GLP-1 Receptor Agonist Market


  • Type: Common Disease Area
  • Published : March 2021
  • Region: Worldwide
  • Country: Other
  • Report ID : 328

  • Format: PPT, PDF

Global Glucagon-Like Peptide-1 (Glp-1) Receptor Agonist Market: Segmented by Type (Bydureon, Ozempic, Victoza, Trulicity, Saxenda) and by Geography (North America, Europe, Asia-Pacific, Middle-East and Africa and Latin America) – Growth, Trends, and Forecasts (2019 – 2028)


Report Overview

The global GLP-1 receptor agonist market size stood at around USD 11.3 billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Formulation advancements of GLP-1 receptor agonist coupled with the presence of robust product pipeline is expected to drive the market over the forecast period. As per the International Diabetes Federation in 2019, around 463 million people aged 20 – 79 years were estimated to be diabetic worldwide. Furthermore, overweight and obese people are exposed to the risks of developing diabetes and cardiovascular diseases. According to WHO, in 2016, over 1.9 billion adults were found to be overweight which may result in increased usage of GLP-1 receptor agonist.

Market Drivers

Formulation advancements of GLP – 1 receptor agonist, presence of strong product pipeline, favourable reimbursement policies and increase in the prevalence rate of lifestyle diseases are the major market drivers of GLP-1 global market. Innovative products are being developed which are expected to accelerate the growth of the market for GLP-1 receptor agonist. Pharmaceutical companies are making innovations in terms of formulations, improved bioavailability, combination therapies, and route of administration. In addition, companies are engaged in developing novel GLP-1 products. For instance, Sanofi in collaboration with HanmiPharm.Co. Ltd are developing efpeglenatide, a GLP-1 receptor agonist for type 2 diabetes and obesity. It is currently undergoing phase-3study.

  1. Global GLP-1 Receptor Agonist Market Overview…………………………………………
    1. Market Size
  2. Market Growth Drivers……………………………………………………..……………….
    1. Increasing diabetes prevalence
    2. Presence of strong product pipeline
    3. Increase in the prevalence rate of lifestyle diseases
  3. GLP-1 Receptor Agonist Market Segmentation…..………………………………………..
    1. By Type
      1. Victoza
      2. Ozempic
      3. Saxenda
      4. Trulicity
      5. Bydureon
      6. VI. Others
    2. By Geography
      1. North America Market Analysis
      2. Europe Market Analysis
      3. Asia-Pacific Market Analysis
      4. Middle-East and Africa Market Analysis
      5. Latin America Market Analysis
  4. GLP-1 Receptor Agonist Market Share…………………………………………………..
    1. Market Share by Revenue
    2. Market Analysis, Insights and Forecast
  5. Competitive Landscape………………………………………………………….………….
    1. Major Players
    2. Products in Pipeline
  6. Key Company Profiles……………………………………………………………………..
    1. Eli Lilly Company overview, Product & Services, Strategies & Financials
    2. Sanofi Company overview, Product & Services, Strategies & Financials
    3. Novo Nordisk Company, Product & Services, Strategies & Financials
  7. Healthcare Policies and Regulatory Landscape…………………………..………….
    1. Policy changes and Reimbursement scenario
  8. Factors Driving Future Growth…………………………………………………………..
    1. Key Industry Developments
    2. Mergers and Acquisitions
  9. Potential Growth Opportunities………………………………………………………….
    1. Future Opportunities
  10. Conclusion

Market Segmentation

By Type

Based on type, the market is segmented into Victoza, Ozempic, Trulicity, Bydureon, Saxenda and others. The Trulicity segment accounted for the largest market share of 38.0% in 2019. In 2018, the sales of Trulicity increased by 58.0% in the U.S. market, whereas in the rest of the world, the sales increased by 63.0% majorly due to increased demand for the product and growing product penetration in developing countries.
Furthermore, Ozempic is expected to be the fastest-growing segment in the market for GLP-1 receptor agonist over the forecast period. The growth is due to the benefits associated with the products such as cardiovascular risk reduction, weight loss, and controlled HbA1C levels. It is a once-weekly injectable GLP-1 analog for Type 2 Diabetes Mellitus, introduced by Novo Nordisk in the U.S. in January 2018, followed by Europe and Japan in February and March respectively.

By Region:

North America held the largest market share of 72.0% in 2019 owing to the factors such as the increased usage of GLP-1 products and rise in R&D expenditure by the government. A well-established biopharmaceutical and pharmaceutical industry is also estimated to contribute to maintain dominance over the coming years in this region.
Asia Pacific is expected to be the fastest-growing region in the market for GLP-1 receptor agonist over the forecast period. The factors contributing to its fastest growth are increasing incidence of metabolic diseases like diabetes and obesity in China and Australia, high untapped opportunities, and increasing investments in the R&D sector.

Top Major Players

Key players are adopting different strategies such as mergers and acquisitions and geographic expansion to increase their share in the market for GLP-1 receptor agonist. For instance, in January 2020, Sanofi announced the acquisition of Synthorx, Inc. This acquisition will help the company for the development of its product portfolio by the expanded genetic alphabet platform technology and in generating revenue in the coming years. Some of the key players in the GLP-1 receptor agonist market include: Eli Lilly and Company, Sanofi, Novo Nordisk A/S and AstraZeneca.

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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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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