Alpha-glucosidase Inhibitors Market Size

Statistics for the 2023 & 2024 Alpha-glucosidase Inhibitors market size, created by Mordor Intelligence™ Industry Reports. Alpha-glucosidase Inhibitors size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Alpha-glucosidase Inhibitors Industry

Alpha-glucosidase Inhibitors Market Summary
Study Period 2018 - 2029
Market Size (2024) USD 4.76 Billion
Market Size (2029) USD 5.30 Billion
CAGR (2024 - 2029) 2.17 %
Fastest Growing Market Middle East and Africa
Largest Market Asia Pacific

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Alpha-glucosidase Inhibitors Market Analysis

The Alpha-glucosidase Inhibitors Market size is estimated at USD 4.76 billion in 2024, and is expected to reach USD 5.30 billion by 2029, growing at a CAGR of 2.17% during the forecast period (2024-2029).

Alpha-glucosidase inhibitors are oral anti-diabetic drugs used for diabetes mellitus type 2 that work by preventing the digestion of carbohydrates. Carbohydrates are converted into monosaccharides by alpha-glucosidase enzymes present in cells lining the intestine, enabling monosaccharides to be absorbed through the intestine. Hence, alpha-glucosidase inhibitors reduce the impact of dietary carbohydrates on blood sugar. 

Alpha-glucosidase inhibitors are used to establish greater glycemic control over hyperglycemia in diabetes mellitus type 2, they may be used as monotherapy in conjunction with an appropriate diabetic diet and exercise, or they may be used in conjunction with other anti-diabetic drugs. Therefore, they have been potential candidates for treating patients affected by COVID-19 infection, with or even without type 2 diabetes, as well as excellent antidiabetic (glucose-lowering) agents during COVID-19 pandemic times.

73 million adults were living with diabetes in the IDF MENA Region, which is estimated to increase to 95 million by 2030. 48 million adults in the IDF MENA Region are living with Impaired Glucose Tolerance, which increases their risk of developing type 2 diabetes.

The World Health Assembly agreed on a Resolution on strengthening the prevention and control of diabetes. It recommends action in areas including increasing access to medicines and health products for the treatment of diabetes and assessing the feasibility and potential value of establishing a web-based tool to share information relevant to the transparency of markets for diabetes medicines and health products.

Therefore, owing to the aforementioned factors the studied market is anticipated to witness growth over the analysis period.

Alpha Glucosidase Inhibitors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)