Antidiabetics Market Report 2020: Global Analysis, Size, Share, Growth, Trend, Opportunity, and Forecast Till 2026
Global Antidiabetics Market was valued at USD 63.5 billion in 2019 and is expected to reach USD 121.40 billion in 2026, at a CAGR of 9.7% during the forecast period.
The increasing risk of diabetes across all age-group worldwide, need for medication without substantial side effects and increasing R&D outlays of the pharmaceutical companies drive the growth of this market. The complete treatment for diabetes has become the focal point of care due to the burgeoning diabetic population across all age-groups including children. The anti-diabetics market developed immensely in the recent years due to growing occurrence of diabetes mellitus and, is expected to expand substantially due to its mounting demand and acceptance in developing and developed nations during the forecast period.