New Zealand Oral Anti-Diabetic Drug Market Size

New Zealand Oral Anti-Diabetic Drug Market Analysis

The New Zealand Oral Anti-Diabetic Drug Market size is estimated at USD 323 million in 2024, and is expected to reach USD 367.23 million by 2029, growing at a CAGR of 2.60% during the forecast period (2024-2029).

The likelihood of having type 1 diabetes increased when COVID-19 was discovered. Young pediatric patients and older adult patients with COVID-19 had the highest risk. Patients with type 1 diabetes were more likely to contract the virus and experience potentially catastrophic side effects such as diabetic ketoacidosis. Patients required access to diabetes services and get high-quality clinical care, which includes diabetes screening, education, monitoring of complications, and control. The hormone insulin encourages the liver, muscle, and fat cells to absorb glucose from the blood in order to regulate blood sugar levels. It facilitates the absorption of glucose for cellular energy utilization by cells. When the pancreas is unable to create enough insulin, type 1 diabetes develops. Diabetes is frequently thought of as a condition linked to lifestyle. Because of the growing world population, the disease's prevalence has substantially increased over time. Insulin is necessary for everyone with Type 1 diabetes and 10% to 25% of people with Type 2 diabetes or over 100 million people globally. Despite the fact that insulin has been used to treat diabetes for more than 90 years, more than half of the individuals in New Zealand who require it still do not have access to it or can afford it. Insulin As people with type-1 diabetes cannot produce insulin on their own. They require medications and delivery methods. Those with type-2 diabetes also require insulin, especially if they are having problems managing their condition.