Malaysia Diabetes Therapeutics Market Analysis

Malaysia Diabetes Therapeutics Market Analysis


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Malaysia's diabetes therapeutics market is expected to witness growth from $231 Mn in 2022 to $492 Mn in 2030 with a CAGR of 9.9% for the forecasted year 2022-30. The increasing prevalence of diabetes and the rising urbanization in Malaysia are driving the expansion of the market. The Malaysia diabetes therapeutics market is segmented by type, application, drug, route of administration, and distribution channel. Duopharma Biotech, Iniqra Pharma, and AstraZeneca are the major players in the Malaysia diabetes therapeutics market.

ID: IN10MYPH036 CATEGORY: Pharmaceuticals GEOGRAPHY: Malaysia AUTHOR: Dr. Parul Choudhary

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Malaysia Diabetes Therapeutics Market Executive Analysis

Malaysia's diabetes therapeutics market is expected to witness growth from $231 Mn in 2022 to $492 Mn in 2030 with a CAGR of 9.9% for the forecasted year 2022-30. The unity government's $8.25 Bn allocations for the Ministry of Health (MOH) of Malaysia represent a slight 0.5% increase over the $8 Bn initial budget release from the previous year. The MOH's $8.25 Bn allocations for 2023, however, indicate a significant 12% increase from the $7.36 Bn allocated for the previous year compared to Budget 2022. From the latest 2023 budget's total allocation of $8.25 Bn, the MOH will use $7 Bn for operating expenditures and $1.09 Bn for development costs.

The cost of diabetes in Malaysia, which is among the highest in the world and has an annual cost of about US$600 Mn, is the highest in the Western Pacific area. The frequency of diabetes increased by 68.3% from 11.2% in 2011 to 18.3% in 2020. In Malaysia, 3.6 Mn people (18 and older) had diabetes in 2020, but 49% of those cases (3.7 Mn) lacked a diagnosis. With a prevalence of 31.3%, diabetes is anticipated to affect 7 M Malaysian adults aged 18 and older by 2025, posing a serious risk to the public's health. People with diabetes in Malaysia have access to a broad range of treatment options that can help them manage their condition effectively and live healthy lives. These include both injectables like insulin and glucagon-like peptide-1 receptor agonists as well as oral anti-diabetic drugs. Today's freshly developed medications not only aid in blood glucose management but also lessen the risk of complications like kidney and heart disease.

Malaysia Diabetes Therapeutics Market Analysis

Market Dynamics

Market Growth Drivers

Malaysia has one of the greatest rates of diabetes prevalence worldwide, according to the International Diabetes Federation. Diabetes medicines are now in greater demand as a result of this. The population of Malaysia is ageing quickly, and diabetes is more prone to strike older people. As a result, the market for diabetes treatments has grown significantly. More individuals are moving to cities as Malaysia rapidly urbanizes. Urbanization is linked to unhealthy lifestyles, such as a poor diet and inactivity, which raises the chance of developing diabetes. The demand for diabetes therapeutics has grown as a result of the development of new diabetes therapies and technological developments like glucose monitoring devices and insulin pumps. These factors have led to the expansion of the Malaysia diabetes therapeutics market.

Market Restraints

Treatment for diabetes can be costly, especially for those who need insulin therapy or sophisticated glucose-tracking equipment. This might prevent some people from getting access to diabetes treatments. Traditional medicine is favoured over modern medical procedures in some Malaysian communities. This could result in a decline in the market for diabetes treatments.  While there are still some regions of Malaysia where access to healthcare services is restricted, this has improved recently. This might prevent some people from getting access to diabetes treatments limiting the growth of the Malaysia diabetes therapeutics market.

Competitive Landscape

Key Players

  • Siang Pharmacy (MYS)
  • Healol Pharmaceuticals (MYS)
  • Hovid (MYS)
  • Duopharma Biotech (MYS)
  • Iniqra Pharma (MYS)
  • Astrazeneca
  • Boehringer Ingelheim
  • Eli Lilly
  • Glaxosmithkline
  • Novartis
  • Novo Nordisk

Healthcare Policies and Regulatory Landscape

Before they are sold on the Malaysian market, pharmaceuticals, traditional remedies, dietary supplements, and cosmetics are all subject to regulation by the National Pharmaceutical Regulatory Agency (NPRA). The NPRA inspects pharmaceutical and cosmetic products and the facilities where they are made to make sure that Good Manufacturing Practices are being followed, to monitor the licensing of producers, importers, and wholesalers, and to conduct laboratory tests on particular products. Clinical trials for novel and investigational goods are also carried out by NPRA. In addition, the NPRA conducts surveillance and pharmacovigilance operations to keep an eye on notified cosmetics and registered goods. NPRA assists other drug regulatory organizations in the western Pacific region by offering training and consultations on pharmaceutical regulatory issues through its position as a WHO Collaborating Centre for Regulatory Control of Pharmaceuticals since 1996.

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Diabetes Therapeutics Segmentation

By Type (Revenue, USD Billion):

  • Diabetes 1
  • Diabetes 2

By Application (Revenue, USD Billion):

  • Preventive
    • Prediabetes
    • Nutrition
    • Obesity
    • Lifestyle Management
  •  Treatment/Care
    • Diabetes
    • Smoking Cessation
    • Musculoskeletal Disorders
    • Central Nervous System Disorders
    • Cardiovascular Disease
    • Medication Adherence
    • Chronic Respiratory Disorders
    • Gastrointestinal Disorders
    • Rehabilitation
    • Substance Use Disorders & Addiction Management

By Drug (Revenue, USD Billion):

  • Oral Anti-diabetic Drugs
  • Insulin
  • Non-insulin Injectable Drug
  • Combination Drug

By Route of Administration (Revenue, USD Billion):

  • Oral
  • Subcutaneous
  • Intravenous

By Distribution Channel (Revenue, USD Billion):

  • Online Pharmacies
  • Hospital Pharmacies
  • Retail Pharmacies

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.​

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

  • Analyzing historical proprietary data collected from multiple projects.
  • Regularly updating our existing data sets with new findings and trends.
  • Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

  • Searching through academic conferences, published research, citations, and social media platforms
  • Collecting and compiling diverse data to build a comprehensive and detailed database
  • Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

  • Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
  • Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
  • Continuously refreshing our database to ensure that the information remains current and reliable.
  • Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

  • Merging historical data from secondary research with real-time data from primary research.
  • Conducting thorough data validation and cleansing to remove inconsistencies and errors.
  • Organizing data into a structured format that is easily accessible and usable for various applications.
  • Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.

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Duopharma Biotech, Iniqra Pharma, and AstraZeneca are the major players in the Malaysia diabetes therapeutics market.

The Malaysia diabetes therapeutics market is expected to grow from $231 Mn in 2022 to $492 Mn in 2030 with a CAGR of 9.9% for the forecasted year 2022-2030.

The Malaysia diabetes therapeutics market is segmented by type, application, drug, route of administration, and distribution channel.


Last updated on: 18 December 2023
Updated by: Shivam Zalke

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