Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market Size and Share

Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market (2025 - 2030)
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Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market Analysis by Mordor Intelligence

The Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market size was valued at USD 1.97 billion in 2025 and estimated to grow from USD 2.13 billion in 2026 to reach USD 3.12 billion by 2031, at a CAGR of 7.94% during the forecast period (2026-2031).

Sodium-dependent Glucose Cotransporter 2 (SGLT-2) inhibitors also called gliflozins are a class of medicine used to lower high blood glucose levels in people with type 2 diabetes. SGLT-2 drugs have a significant role in managing cardiovascular risk factors including blood pressure, glycemia, weight, cardiac function, and antiinflammatory activity. Diabetic drugs have been potential candidates for treating diabetic patients affected by SARS-CoV-2 infection during the COVID-19 pandemic.

The Asia-pacific region had witnessed an alarming increase in the prevalence of diabetes, in recent years. Diabetes is associated with many health complications. Patients with diabetes require many corrections throughout the day for maintaining nominal blood glucose levels, such as medications or ingestion of additional carbohydrates by monitoring their blood glucose levels. 

Diabetes mellitus has been of wide concern with its high prevalence, resulting in increased financial burdens for clinical systems, individuals, and governments. The market players are adopting various strategies such as collaborations, partnerships, mergers, acquisitions, and expansions to increase market share. Technological advancements have increased over the period leading to several modifications either in the SGLT-2 inhibitors or the formulations being developed.

According to International Diabetes Federation, 90 million adults were living with diabetes in the IDF South-East Asia Region. This figure is estimated to increase to 152 million by 2045, and 206 million adults were living with diabetes in the IDF Western Pacific Region, which is estimated to increase to 260 million by 2045. The Asia-Pacific region witnessed an alarming increase in the prevalence of diabetes in recent years. In developing countries, such as China and India, the rate of diabetes is at an all-time high. Also, the use of oral anti-diabetes drugs is rising because new-generation drugs reduce the rate of CV risk in diabetes patients. Leading manufacturers are focusing on technological innovations and developing advanced products to gain a substantial market share.

Therefore, due to increased prevalence and the aforementioned factors, the studied market is anticipated to witness growth over the analysis period.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of 2026.

Competitive Landscape

The Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market is highly consolidated, with major manufacturers, namely Eli Lilly, Sanofi, and Novo Nordisk, with a global and regional market presence. The joint ventures that occurred between players in the recent past helped the companies strengthen their market presence. For example, Eli Lilly and Boehringer Ingelheim make Jardiance together, which is a very popular SGLT-2 class drug.

Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Industry Leaders

  1. Eli Lilly

  2. Boehringer Ingelheim

  3. Janssen Pharmaceuticals

  4. AstraZeneca

  5. Bristol Myers Squibb

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Sodium-dependent Glucose Cotransporter 2 (SGLT-2) Market Concentration
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Recent Industry Developments

  • June 2026: Mitsubishi Tanabe Pharma Corporation received marketing authorization in Thailand for CANALIA tablets, a fixed-dose combination of teneligliptin and canagliflozin. The approval expands availability of SGLT-2 inhibitor combination therapy in ASEAN and strengthens the company’s commercial footprint for its diabetes portfolio in the region.
  • February 2026: Ono Pharmaceutical announced the termination of its marketing and co-promotion agreement for Forxiga (dapagliflozin) in Japan, transferring distribution and sales responsibilities to AstraZeneca. The change consolidates go-to-market control under AstraZeneca in a major Asia-Pacific market and simplifies the commercialization model for a leading SGLT-2 inhibitor brand.
  • May 2025: Mitsubishi Tanabe Pharma Corporation disclosed progress related to the marketing of CANAGLU (canagliflozin) in Thailand. This supported deeper regional access for an established SGLT-2 inhibitor and provided a foundation for subsequent lifecycle expansion, including combination formats, in Southeast Asia.

Table of Contents for Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Consumers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Invokana (Canagliflozin)
  • 5.2 Jardiance (Empagliflozin)
  • 5.3 Farxiga/Forxiga (Dapagliflozin)
  • 5.4 Suglat (Ipragliflozin)
  • 5.5 Geography
    • 5.5.1 Japan
    • 5.5.2 South Korea
    • 5.5.3 China
    • 5.5.4 India
    • 5.5.5 Australia
    • 5.5.6 Vietnam
    • 5.5.7 Malaysia
    • 5.5.8 Indonesia
    • 5.5.9 Philippines
    • 5.5.10 Thailand
    • 5.5.11 Rest of Asia-Pacific

6. MARKET INDICATORS

  • 6.1 Type-1 Diabetes Population
  • 6.2 Type-2 Diabetes Population

7. COMPETITIVE LANDSCAPE

  • 7.1 COMPANY PROFILES
    • 7.1.1 Eli Lilly
    • 7.1.2 Janssen Pharmaceuticals
    • 7.1.3 Boehringer Ingelheim
    • 7.1.4 AstraZeneca
    • 7.1.5 Bristol Myers Squibb
  • *List Not Exhaustive
  • 7.2 MARKET SHARE ANALYSIS

8. MARKET OPPORTUNITES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

Research Methodology Framework and Report Scope

Market Definition and Coverage

This market covers prescription SGLT2 inhibitor medicines sold across Asia Pacific for diabetes care and related cardio-renal use in clinical practice, measured as manufacturer level revenue in USD for the period under study.

Scope exclusions: We exclude non-SGLT2 diabetes drug classes, non-prescription supplements, and diagnostics and devices used for glucose monitoring.

Segmentation Overview

  • Invokana (Canagliflozin)
  • Jardiance (Empagliflozin)
  • Farxiga/Forxiga (Dapagliflozin)
  • Suglat (Ipragliflozin)
  • Geography
    • Japan
    • South Korea
    • China
    • India
    • Australia
    • Vietnam
    • Malaysia
    • Indonesia
    • Philippines
    • Thailand
    • Rest of Asia-Pacific

Data Sources, Market Sizing, and Validation

Desk Research

Desk work starts with building the country demand context and the clinical boundary for SGLT2 use. We reference public health statistics and epidemiology updates (for example, International Diabetes Federation releases, WHO country profiles, and OECD health data where available) to understand diabetes burden and treated population signals.

Next, the supply and access picture is checked using sources such as national reimbursement and formulary updates, health ministry notifications, and regulator websites that publish labeling and safety communications. We also use company annual reports, investor presentations, and credible press coverage to understand product mix and regional exposure. In parallel, we supplement with paid subscriptions for company financials and news, patent databases, and an import-export shipment-level database when trade flows help validate assumptions. This list is illustrative, and many other public sources are also reviewed to collect data, cross-check, and clarify open points.

Primary Interviews and Surveys

Primary conversations are used to stress-test what desk sources cannot show clearly, especially net pricing behavior, prescribing shifts, and access timing by country. We speak with a mix of manufacturers, distributors, hospital pharmacy buyers, and practicing clinicians across key Asia Pacific markets, so our assumptions on uptake, switching, and persistence are anchored in how patients are actually treated.

Distribution of primary research fieldwork respondents

Company typeRespondent positionRegion
Top tier: 33% CXOs: 14%
Mid tier: 46% Functional/Unit leaders: 38%
Smaller Players: 21% Managers: 48%

Market-Sizing & Forecasting

The model starts with a top-down demand pool build using diabetes prevalence and treated patient signals by country, then it is adjusted using therapy intensity and expected SGLT2 penetration over time. To keep the number practical, we translate patient pools into sales using a small set of traceable inputs such as annual therapy days, adherence and persistence patterns, typical dose mix, and net price levels after channel and reimbursement effects.

Those totals are corroborated with selective bottom-up approximations, like sampling country level product revenues from public disclosures, checking channel feedback on volume direction, and running ASP times volume spot checks for major markets where data is more visible. When gaps show up, they are handled through conservative interpolation using nearby country benchmarks (similar access and epidemiology profiles) and then rechecked with interview feedback.

For forecasting, we mainly apply scenario analysis because policy, reimbursement expansion, and label driven adoption can move faster than simple trend lines. The scenarios are anchored to variables that respondents typically agree on, including guideline adoption pace, cardiology and nephrology usage growth, generic entry timing where applicable, and currency and inflation expectations that influence net pricing.

Data Validation & Update Cycle

Validation is done through stepwise cross-checks before the final values are signed off. We compare modeled revenue with independent signals like diabetes drug market direction in the region, country level access milestones, and visible company exposure statements, and then we review any outliers at the country and year level.

If a variance is material, analysts re-open the driver, re-check the desk evidence, and re-contact relevant interviewees to confirm whether the change is real or a gap in an assumption. Reports are refreshed annually, and interim updates are made when major regulatory, reimbursement, or safety events could change the market trajectory. Before delivery, one more pass is completed so the view reflects the latest public updates.

Mordor Intelligence's Asia Pacific Sodium Dependent Glucose Cotransporter 2 Market Estimate Compared With Other Published Estimates

It is normal to see different market sizes for the same drug class because the scope boundary is not always identical across studies, and the year chosen as the base can also shift the number. Differences also come from how net pricing is treated, which channel level is counted, and how quickly updates are made when access and labeling change.

By tracking net price progression and country level reimbursement timing, Mordor Intelligence keeps the Asia Pacific SGLT2 estimate aligned to when demand becomes payable in each market, which can diverge from approaches that rely on list prices or assume uniform uptake across the region.

Benchmark comparison

SourceMarket SizeGaps in Research Methodology
Mordor Intelligence USD 1.97 B (2025)
Global Consultancy A USD 1.82 B (2024)Uses an earlier base year and may apply broader gross-to-net assumptions that do not fully reflect country reimbursement stages, which can pull the reported value down versus a net realized view.
Industry Publisher B USD 1.97 B (2025)Often includes additional indication expansion and channel scope detail in the same headline number without clearly separating patient pool growth from price effects, which can blur like-for-like comparisons across years.

Overall, the spread mostly comes from base year choice, net price treatment, and how strictly Asia Pacific access timing is applied in the model. When the scope is kept consistent and inputs are tied back to treated patients, uptake, and net pricing logic, the resulting market size stays easier to audit and repeat over time.

Key Questions Answered in the Report

How big is the Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market?

The Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market size is expected to reach USD 2.13 billion in 2026 and grow at a CAGR of 7.94% to reach USD 3.12 billion by 2031.

What is the current Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market size?

In 2026, the Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market size is expected to reach USD 2.13 billion.

Who are the key players in Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market?

Eli Lilly, Boehringer Ingelheim, Janssen Pharmaceuticals, AstraZeneca and Bristol Myers Squibb are the major companies operating in the Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market.

What years does this Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market cover, and what was the market size in 2025?

In 2025, the Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market size was estimated at USD 2.13 billion. The report covers the Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Sodium-dependent Glucose Cotransporter 2 Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

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