Market Trends of Germany Diabetes Drugs Industry
The oral anti-diabetic drugs segment holds the highest market share in the Germany Diabetes Drugs Market in the current year
The oral anti-diabetic drugs segment holds the highest market share of about 59.4% in the Germany Diabetes Drugs Market in the current year.
Oral Anti-Diabetic Drugs are available internationally and are recommended for use when escalation of treatment for type 2 diabetes is required along with lifestyle management. Oral agents are typically the first medications used in treating type 2 diabetes due to their wide range of efficacy, safety, and mechanisms of action. Anti-diabetic drugs help diabetes patients control their condition and lower the risk of diabetes complications.
People with diabetes may need to take anti-diabetic drugs for their whole lives to control their blood glucose levels and avoid hypoglycemia and hyperglycemia. Oral anti-diabetic agents present the advantages of easier management and lower cost. So they became an attractive alternative to insulin with better acceptance, which enhances adherence to the treatment.
Germany witnessed an alarming increase in the prevalence of diabetes in recent years. Patients with diabetes require many corrections throughout the day to maintain nominal blood glucose levels, such as oral anti-diabetic medication or ingestion of additional carbohydrates by monitoring their blood glucose levels. The rate of newly diagnosed Type 1 and Type 2 diabetes cases is seen to increase, mainly due to obesity, unhealthy diet, and physical inactivity. The rapidly increasing incidence and prevalence of diabetic patients and healthcare expenditure are indications of the increasing usage of diabetic drugs.
Owing to the above factors, the market will likely continue to grow.
Sodium-Glucose Cotransport -2 (SGLT-2) Inhibitor segment is expected to register the highest CAGR in the Germany Diabetes Drugs Market over the forecast period
Sodium-Glucose Cotransport -2 (SGLT-2) Inhibitor Segment is expected to dominate the Germany Diabetes Drugs Market and register a CAGR of 9.2% over the forecast period.
SGLT-2 inhibitors, also called gliflozins, are a medicine class used to lower high blood glucose levels in people with type 2 diabetes. SGLT-2 inhibitors act independently of beta-cell function in the pancreas. SGLT-2 drugs significantly manage cardiovascular risk factors, including blood pressure, cardiac function, and antiinflammatory activity. SGLT-2 inhibitors are effective at lowering hemoglobin A1c levels and improving weight loss. They include a low risk of hypoglycemia and are usually well tolerated.
According to European Observatory on Health Systems and Policies, Germany includes the world's oldest social health insurance (SHI) system. Health insurance is compulsory. People with an income above a fixed threshold or belonging to a particular professional group can opt out of SHI coverage and enroll in private health insurance (PHI). About 11 % of the population is covered by PHI and 89 % by SHI. Although coverage is universal for all legal residents, only 0.1 % of the population does not contain health insurance.
Diabetes can be considered a data management disease, and an example of real-world acquisition of health and treatment data informs an integrated and personalized chronic disease management. Both patients and diabetes care providers use continuously collected metabolic, treatment, and lifestyle data in joint decision-making on treatment.
