Glucagon Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Glucagon Market Report is Segmented by Formulation (Injectable Kits (lyophilized), Liquid-Stable Autoinjectors and More), by Route of Administration (Intramuscular, Inhalation and More), by Application (Hypoglycemia, Diagnostic Aid and More), by End USer (Hospitals & Clinics, Retail Pharmacies & Drug Stores and More), and Geography (North America, Europe and More). The Market Forecasts are Provided in Terms of Value (USD).

Glucagon Market Size and Share

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Glucagon Market Analysis by Mordor Intelligence

The global glucagon market generated USD 610.87 million in 2025 and is forecast to advance to USD 818.64 million by 2030, reflecting a 6.03% CAGR during the period. Robust expansion stems from the pivot away from multi-step reconstitution kits toward ready-to-use nasal powders, autoinjectors and dual-hormone pump cartridges that improve response times for severe hypoglycemia and broaden metabolic use cases. Supply-chain consolidation amplifies competitive stakes because a halt in pre-filled syringe availability forced Novo Nordisk to discontinue GlucaGen HypoKit, proving how a single component shortfall can suppress access. Rising pediatric diabetes incidence, guideline mandates that every insulin-treated patient receive glucagon, and employer-funded placement of kits in schools and workplaces further enlarge the addressable base. Meanwhile, technology alliances that embed liquid-stable glucagon in artificial-pancreas systems re-position the product from an episodic rescue drug to a daily therapeutic component.

Key Report Takeaways

  • By formulation, injectable kits led with 48.89% of glucagon market share in 2024, while nasal powder is projected to post a 6.89% CAGR through 2030.
  • By route of administration, intramuscular delivery held 66.78% share of the glucagon market size in 2024; intranasal is set to grow at 7.15% CAGR to 2030.
  • By end-user, hospitals and clinics captured 45.54% revenue in 2024, whereas online pharmacies are forecast to expand at 8.45% CAGR.
  • By indication, severe hypoglycemia dominated with 82.34% share in 2024; adjunct obesity trials will climb at 7.56% CAGR.
  • By geography, North America commanded 38.89% of the glucagon market in 2024; Asia-Pacific is the fastest-growing region at 7.83% CAGR.

Segment Analysis

By Formulation: Ready-to-Use Devices Redefine Emergency Response

Injectable kits accounted for 48.89% of glucagon market share in 2024, sustained by hospital familiarity and lower unit prices. Yet ready-to-use nasal powder leads growth at 6.89% CAGR, converting caregivers who value needle-free speed. Liquid-stable autoinjectors further accelerate uptake by eliminating the two-step mix process and halving training time. Collectively, these innovations enlarge the glucagon market size as non-medical responders gain confidence to carry the drug.

Development momentum favors formulations that extend beyond rescue use. Regulatory clearance for Baqsimi in 43 countries validated nasal delivery, while Phase 2 trials show long-acting analogs enabling weekly dosing in metabolic disorders ema.europa.eu. Radiology departments also integrate liquid vials to relax smooth muscle during imaging, opening niche volumes. Manufacturers that master stabilizing peptides at room temperature will command premium contracts across both emergency and chronic settings.

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Note: Segment shares of all individual segments available upon report purchase

By Route of Administration: Intranasal Adoption Surges

Intramuscular injections held 66.78% of the glucagon market size in 2024 through entrenched clinical protocols, yet intranasal delivery is rising 7.15% annually on caregiver preference. Needle phobia and fear of dosing errors push families to pick sprays, especially for children. Pharmacokinetic data confirm plasma glucagon peaks within 10 minutes intranasally, matching injections without puncture risk.

Institutional buyers also pivot: US school districts report 89% staff preference for nasal kits, and workplace first-aid programs rapidly follow. Subcutaneous uses remain for diagnostic procedures that demand precise timing, but volume growth will center on nasal and autoinjector routes. Continued education plus broader reimbursement should tip mainstream protocols toward needle-free solutions by the end of the decade.

By End-User: Digital Pharmacies Propel Distribution

Hospitals and clinics generated 45.54% of 2024 revenue as prescribers dispensed kits during discharge and outpatient visits. Online pharmacies, however, post an 8.45% CAGR because telehealth consults integrate e-prescriptions and doorstep delivery. Automated refill reminders through digital platforms improve adherence and cut stock-out risk, especially for rural patients. Traditional retail chains maintain stable turnover due to walk-in convenience, while home-care uptake grows in tandem with CGM adoption that flags impending lows.

Digital channels represent a structural shift in the glucagon market because they reduce the friction of renewals and enable subscription bundles. Claims data show 34% higher on-time refills for patients using app-based pharmacies compared with brick-and-mortar stores. Manufacturers now negotiate directly with e-pharmacy operators for placement in diabetes-care bundles, bypassing wholesalers and securing real-time demand data.

Glucagon Market
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Note: Segment shares of all individual segments available upon report purchase

By Indication: Metabolic Expansion Beyond Rescue

Severe hypoglycemia rescue sustained 82.34% of sales in 2024, anchoring the glucagon market. Yet adjunct obesity trials are climbing 7.56% annually as dual-agonist peptides such as survodutide deliver 14.9% weight loss in Phase 2 studies. Diagnostic imaging retains a specialized but steady niche where glucagon relaxes gastrointestinal muscle to sharpen visuals.

Therapeutic diversification repositions glucagon from a rarely used emergency tool to a chronic metabolic modulator. Investigators pairing glucagon receptor antagonists with SGLT2 inhibitors achieved 27% insulin-dose reductions in type 1 diabetes, highlighting synergy potential. As weight-management guidelines integrate glucagon-based agents, prescription volumes will increasingly reflect chronic, scheduled use rather than episodic rescues.

Geography Analysis

North America represented 38.89% of 2024 revenue owing to robust insurance mandates and mature emergency protocols that weave glucagon into diabetes self-management. FDA fast-track pathways aided rapid clearance of ready-to-use formats, and corporate wellness programs created recurring bulk purchases for on-site first-aid stations. The region’s growth now stems from optimizing distribution—especially online pharmacy channels—rather than dramatic user-base expansion.

Europe’s universal healthcare systems level cost barriers and create steady demand. BAQSIMI holds the top prescription rank across the bloc, and EMA continues approving new formulations such as Ogluo, illustrating regulatory enthusiasm for innovations that widen layperson access. Clinical guidelines across Germany, France and the Nordics oblige physicians to co-prescribe glucagon with intensive insulin, sustaining predictable volume. Eco-system integration with insulin pumps is also advancing through public health technology tenders.

Asia-Pacific logs the swiftest trajectory at 7.83% CAGR thanks to regulatory modernization, rapid diabetes prevalence growth and emergent obesity pharmacotherapy. Japan’s December 2024 approval of tirzepatide for weight loss signaled acceptance of broader hormonal interventions, opening labeling pathways for glucagon-centric agents. China’s pediatric trials showing 43.59% GLP-1 use in overweight cohorts point to rising acceptance of endocrine solutions beyond adult diabetes. India’s generic majors, preparing 15 GLP-1 products as patents lapse, will likely transfer pricing pressure to glucagon, expanding access but eroding margins.

Glucagon Market
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Competitive Landscape

The glucagon market is moderately concentrated: three suppliers command roughly one third of global turnover, yet competitive intensity is climbing. Amphastar’s USD 1 billion acquisition of Baqsimi unified nasal formulations under a specialty-injectable leader, while Novo Nordisk’s exit from the reconstitution-kit segment reshaped share distribution. Xeris’s Gvoke attained 36% US retail share after deploying an extensive physician-education campaign and pharmacy stocking agreements that guarantee same-day availability.

Strategic alliances increasingly decide leadership. Xeris and Beta Bionics inked an exclusive pact to supply pump-compatible liquid glucagon, positioning both for first-mover advantage once dual-hormone systems clear regulators. Hanmi, Zealand and several generic houses pursue long-acting or small-volume analogs that attack obesity and fatty-liver indications, extending the competitive battlefield beyond emergency care.

Manufacturing prowess now differentiates winners because API syntheses and fill-finish lines remain constrained. Novo Nordisk and Eli Lilly each committed multi-billion-dollar US plant expansions to secure vertical control over injectables, while Amneal is building capacity in India to capture cost-sensitive export markets. Firms that assure uninterrupted supply will negotiate preferred-vendor status with large payers and technology partners, thereby reinforcing share gains.

Glucagon Industry Leaders

  1. Amphastar Pharmaceuticals, Inc

  2. Xeris Biopharma Holdings, Inc

  3. Novo Nordisk A/S

  4. Zealand Pharma A/S

  5. Fresenius SE & Co. KGaA

  6. *Disclaimer: Major Players sorted in no particular order
Glucagon Market Concentration
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Recent Industry Developments

  • June 2024: Novo Nordisk unveiled a USD 4.1 billion expansion of its North Carolina plant to boost injectable production, including glucagon lines
  • December 2024: Eli Lilly committed USD 3 billion to expand injectable-drug output capacity for metabolic treatments that interact with glucagon signaling
  • May 2024: Xeris Biopharma formed an exclusive partnership with Beta Bionics to co-develop pump-ready liquid glucagon for dual-hormone systems

Table of Contents for Glucagon Industry Report

1. Introduction

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

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising incidence of insulin-treated diabetes and severe hypoglycemia
    • 4.2.2 Commercial rollout of ready-to-use nasal and autoinjector glucagon
    • 4.2.3 Inclusion of glucagon rescue kits in national diabetes guidelines
    • 4.2.4 Employer-funded distribution of glucagon kits in schools & workplaces
    • 4.2.5 Integration of glucagon cartridges in dual-hormone artificial-pancreas systems
    • 4.2.6 Bundled offerings with CGM/insulin-pump subscriptions
  • 4.3 Market Restraints
    • 4.3.1 Premium pricing and patchy reimbursement versus insulin
    • 4.3.2 API and fill-finish supply shortages
    • 4.3.3 Low patient & caregiver training rates
    • 4.3.4 Under-the-radar – Pipeline of non-glucagon rescue biologics reducing addressable pool
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts

  • 5.1 By Formulation (Value)
    • 5.1.1 Injectable Kits (lyophilized)
    • 5.1.2 Liquid-stable Autoinjectors
    • 5.1.3 Nasal Powder
    • 5.1.4 Liquid-Stable Vials & Prefilled Syringes
  • 5.2 By Route of Administration (Value)
    • 5.2.1 Intramuscular
    • 5.2.2 Subcutaneous
    • 5.2.3 Intranasal
  • 5.3 By End-user (Value)
    • 5.3.1 Hospitals & Clinics
    • 5.3.2 Retail Pharmacies & Drug Stores
    • 5.3.3 Online Pharmacies
    • 5.3.4 Home-care Settings
  • 5.4 By Indication (Value)
    • 5.4.1 Severe Hypoglycemia Rescue
    • 5.4.2 Diagnostic Aid in Imaging
    • 5.4.3 Adjunct in Obesity / Metabolic Disease Trials
  • 5.5 By Geography (Value)
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 Australia
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 GCC
    • 5.5.5.2 South Africa
    • 5.5.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Eli Lilly & Co.
    • 6.3.2 Novo Nordisk A/S
    • 6.3.3 Xeris Pharmaceuticals
    • 6.3.4 Zealand Pharma A/S
    • 6.3.5 Amphastar Pharmaceuticals
    • 6.3.6 Fresenius Kabi
    • 6.3.7 Hikma Pharmaceuticals
    • 6.3.8 Torrent Pharma
    • 6.3.9 Bharat Serums & Vaccines
    • 6.3.10 Cadila Healthcare
    • 6.3.11 Hanmi Pharm
    • 6.3.12 Bachem AG
    • 6.3.13 Wockhardt
    • 6.3.14 Teva Pharmaceuticals
    • 6.3.15 Pfizer CentreOne (CMO)
    • 6.3.16 Yoshindo Co.
    • 6.3.17 Jubilant HollisterStier
    • 6.3.18 Aurobindo Pharma
    • 6.3.19 Sun Pharma
    • 6.3.20 Sagent Pharma

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Global Glucagon Market Report Scope

Glucagon is used as emergency medical treatment to treat severe hypoglycemia and as a diagnostic aid in imaging of the gastrointestinal tract. Glucagon is recommended to diabetic patients undergoing insulin therapy. This rescue product is available as autoinjector, pre-filled syringe, emergency kit (pre-filled vial and administration syringe), and nasal spray.

The glucagon market is segmented into route of administration, application, distribution channel, and geography. By route of administration, the market is segmented into injection and inhalation. By application, the market is segmented into hypoglycemia and diagnostic aid. By distribution channel, the market is segmented into online and offline. By geography the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. The report also offers the market size and forecasts for 13 countries across the region. For each segment, the market sizing and forecasts have been done on the basis of value (USD).

By Formulation (Value) Injectable Kits (lyophilized)
Liquid-stable Autoinjectors
Nasal Powder
Liquid-Stable Vials & Prefilled Syringes
By Route of Administration (Value) Intramuscular
Subcutaneous
Intranasal
By End-user (Value) Hospitals & Clinics
Retail Pharmacies & Drug Stores
Online Pharmacies
Home-care Settings
By Indication (Value) Severe Hypoglycemia Rescue
Diagnostic Aid in Imaging
Adjunct in Obesity / Metabolic Disease Trials
By Geography (Value) North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
By Formulation (Value)
Injectable Kits (lyophilized)
Liquid-stable Autoinjectors
Nasal Powder
Liquid-Stable Vials & Prefilled Syringes
By Route of Administration (Value)
Intramuscular
Subcutaneous
Intranasal
By End-user (Value)
Hospitals & Clinics
Retail Pharmacies & Drug Stores
Online Pharmacies
Home-care Settings
By Indication (Value)
Severe Hypoglycemia Rescue
Diagnostic Aid in Imaging
Adjunct in Obesity / Metabolic Disease Trials
By Geography (Value)
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the current size of the glucagon market?

The glucagon market generated USD 610.87 million in 2025 and is projected to reach USD 818.64 million by 2030, supported by a 6.03% CAGR.

Which formulation segment is expanding fastest?

Nasal powder glucagon is growing at a 6.89% CAGR because needle-free delivery shortens administration time and raises caregiver confidence.

Why is intranasal glucagon gaining adoption over intramuscular injections?

Intranasal sprays match injection bioavailability within 10 minutes, remove needle anxiety and simplify training for non-medical responders.

What geographic region offers the strongest growth opportunity?

Asia-Pacific leads at a 7.83% CAGR thanks to regulatory modernization, a rising diabetes population and expanding obesity-therapy pipelines.

How do dual-hormone artificial-pancreas systems affect demand?

Integration of pump-compatible liquid glucagon transforms the product from a rescue drug into a core component of automated glucose control, underpinning long-term volume expansion.

What years does this Glucagon Market cover, and what was the market size in 2024?

In 2024, the Glucagon Market size was estimated at USD 574.03 million. The report covers the Glucagon Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Glucagon Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: June 25, 2025

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