Market Size of Indonesia Diabetes Care Drugs Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 301.55 Million |
| Market Size (2029) | USD 370.43 Million |
| CAGR (2024 - 2029) | 4.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Indonesia Diabetes Care Drugs Market Analysis
The Indonesia Diabetes Care Drugs Market size is estimated at USD 301.55 million in 2024, and is expected to reach USD 370.43 million by 2029, growing at a CAGR of 4.20% during the forecast period (2024-2029).
Inequality in the management of diabetes in Indonesia existed before the COVID-19 pandemic. The gap in health literacy was a major factor in the disparity in managing chronic diseases. The Pandemic brought about more challenges to pre-existing conditions. Diabetes was one of the most common factors linked to COVID-19; consistent evidence suggested that diabetes increased the risk of COVID-19. Higher blood glucose levels were associated with the worst COVID-19 outcomes. Tight control of glucose levels proved crucial in patients with diabetes mellitus to prevent progression to severe COVID-19. Therefore, improving the management of diabetes during the Pandemic became important by improving health literacy and providing adequate access.
Diabetic drugs are medicines developed to stabilize and control blood glucose levels among people with diabetes. Diabetic drugs are commonly used to manage diabetes. Several classes of diabetes medicines exist. Each class of medicine has a different mechanism of action to lower blood sugar. A drug may work by causing the pancreas to make and release more insulin, limiting the liver's ability to make and release sugar, blocking the action of enzymes in the intestines that break down carbohydrates, improving cells' sensitivity to insulin, limiting the kidneys' ability to take in sugar, which increases the amount of sugar leaving the body in urine, etc.
Indonesian Diabetes Association and the Ministry of Health Indonesia are actively collaborating with the Indonesian local governments and diabetes care product manufacturers to remain available for all Indonesians. The rising number of people with diabetes implies an increased burden of the disease and its complications, such as heart disease, stroke, blindness, chronic kidney disease, and lower limb amputation. These result in reduced quality of life and higher healthcare costs, leading to a greater need for access to care.
Therefore, owing to the factors above, the studied market is anticipated to grow over the analysis period.
