NORTH AMERICA DIABETES DRUGS MARKET Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The North America Diabetes Drugs Market is segmented into drugs (insulin drugs (basal or long-acting insulins, bolus or fast-acting insulins, traditional human insulins, and biosimilar insulins), oral anti-diabetic drugs (Biguanides, Alpha-Glucosidase inhibitors, Dopamine D2 receptor agonist, SGLT-2 inhibitors, DPP-4 inhibitors, Sulfonylureas, and Meglitinides), non-insulin injectable drugs (GLP-1 receptor agonists and Amylin Analogue), and combination drugs (insulin combinations and oral combinations)) and geography (the United States, Canada, and the rest of North America). The report offers the value (in USD million) and volume (in units million) for the above segments.

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North America Diabetes Drugs Market Size

North America Diabetes Drugs Market Summary
Study Period: 2017- 2028
CAGR: 3.7 %

Major Players

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*Disclaimer: Major Players sorted in no particular order
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North America Diabetes Drugs Market Analysis

The North America Diabetes Drugs Market is expected to register a CAGR of 3.7% and reaches a value of about USD 43.4 billion over the forecast period.

Several risk factors, such as diabetes, hypertension, cardiovascular diseases, and obesity, were linked to the progression and deterioration of COVID-19. Potential pathways for worsening COVID-19 infection were proposed. It included increased inflammatory cascade, immunocompromised status, glucose homeostasis dysfunction, hypercoagulability, alveolar hyperpermeability, and vascular endothelial damage. These pathophysiological changes might be led to acute respiratory distress syndrome, thromboembolism events, and cytokine storms, thereby contributing to increased COVID-19-related deaths. Glucose-lowering therapies received great attention as potential therapies due to their mechanisms of action that influenced the natural course of SARS-CoV-2 infection.

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 includes a different action mechanism 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. It also blocks the action of enzymes in the intestines that break down carbohydrates, improving cells' sensitivity to insulin and limiting the kidneys' ability to take in sugar. It increases the amount of sugar leaving the body in urine, etc.

The North American region witnessed an alarming increase in the prevalence of diabetes in recent years. In developed countries, such as the United States and Canada, the rate of diabetes is at an all-time high, mainly due to lifestyle changes. Diabetes Drugs are commonly used in combination to manage diabetes mellitus. Patients with diabetes require many corrections throughout the day to maintain nominal blood glucose levels, such as administering additional insulin or ingesting additional carbohydrates by monitoring their blood glucose levels.

Therefore, owing to the above factors, the studied market is anticipated to grow over the analysis period.

North America Diabetes Drugs Industry Segmentation

Diabetes Drugs are used to treat diabetes mellitus by lowering the glucose level in the blood. The North America Diabetes Drugs Market is segmented into drugs (insulin drugs (basal or long-acting insulins, bolus or fast-acting insulins, traditional human insulins, and biosimilar insulins), oral anti-diabetic drugs (Biguanides, Alpha-Glucosidase inhibitors, Dopamine D2 receptor agonist, SGLT-2 inhibitors, DPP-4 inhibitors, Sulfonylureas, and Meglitinides), non-insulin injectable drugs (GLP-1 receptor agonists and Amylin Analogue), and combination drugs (insulin combinations and oral combinations)) and geography (the United States, Canada, and the rest of North America). The report offers the value (in USD million) and volume (in units million) for the above segments. Further, the report will cover a segment-wise breakdown (value and volume) for all the countries covered under the Table of Contents.

Insulins
Basal or Long Acting Insulins
Lantus (Insulin Glargine)
Levemir (Insulin Detemir)
Toujeo (Insulin Glargine)
Tresiba (Insulin Degludec)
Basaglar (Insulin Glargine)
Bolus or Fast Acting Insulins
NovoRapid/Novolog (Insulin Aspart)
Humalog (Insulin Lispro)
Apidra (Insulin Glulisine)
Traditional Human Insulins
Novolin/Actrapid/Insulatard
Humulin
Insuman
Biosimilar Insulins
Insulin Glargine Biosimilars
Human Insulin Biosimilars
Oral Anti-diabetic drugs
Biguanides
Metformin
Alpha-Glucosidase Inhibitors
Alpha-Glucosidase Inhibitors
Dopamine D2 receptor agonist
Bromocriptin
SGLT-2 inhibitors
Invokana (Canagliflozin)
Jardiance (Empagliflozin)
Farxiga/Forxiga (Dapagliflozin)
Suglat (Ipragliflozin)
DPP-4 inhibitors
Onglyza (Saxagliptin)
Tradjenta (Linagliptin)
Vipidia/Nesina(Alogliptin)
Galvus (Vildagliptin)
Sulfonylureas
Sulfonylureas
Meglitinides
Meglitinides
Non-Insulin Injectable drugs
GLP-1 receptor agonists
Victoza (Liraglutide)
Byetta (Exenatide)
Bydureon (Exenatide)
Trulicity (Dulaglutide)
Lyxumia (Lixisenatide)
Ozempic (Semaglutide)
Amylin Analogue
Symlin (Pramlintide)
Combination drugs
Insulin combinations
NovoMix (Biphasic Insulin Aspart)
Ryzodeg (Insulin Degludec and Insulin Aspart)
Xultophy (Insulin Degludec and Liraglutide)
Oral Combinations
Janumet (Sitagliptin and Metformin)
Geography
United States
Canada
Rest of North America

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North America Diabetes Drugs Market Trends

The Oral anti-diabetic drugs segment is expected to register the highest CAGR in the North America Diabetes Drugs Market

The Oral anti-diabetic drugs segment is expected to register the highest CAGR of 4.7% in the North America Diabetes Drugs Market.

Oral Anti-Diabetic Drugs are available internationally. These are recommended for use when treatment escalation for type 2 diabetes is required, along with lifestyle management. According to the Division of Metabolism and Endocrinology Products in the FDA, “Patients want effective treatment options for diabetes that are as minimally intrusive on their lives as possible, and the FDA welcomes the advancement of new therapeutic options that can make it easier for patients to control their condition.” 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 and become an attractive alternative with better acceptance, which enhances adherence to the treatment.

In July 2022, Zydus Lifesciences announced that it had received final approval from the USFDA to market Empagliflozin and Metformin Hydrochloride tablets in multiple strengths. Empagliflozin and Metformin Hydrochloride tablets are used with proper diet and exercise to improve glycemic control in adults with type 2 diabetes mellitus. They are also used to lower the risk of cardiovascular death in patients with type 2 diabetes mellitus and established cardiovascular disease.

Most health insurance plans cover diabetes medications because they are considered medically necessary. Medicare generally covers diabetes medications. The American Diabetes Association includes a guide to Medicare and diabetes prescription drug benefits. For patients covered by insurance, typical out-of-pocket costs consist of a prescription drug copay ranging from USD 10 to USD 50, depending on the drug. If the patient takes multiple drugs, copays can total USD 200 monthly or more.

The market will likely continue to grow due to the rising rate of obesity, the increasing prevalence, and the factors above.

North America Diabetes Drugs Market, Type-2 Diabetes Population in million, 2017-2022

The United States held the highest market share in the North America Diabetes Drugs Market

The United States held the highest market share of around 86% in the North America Diabetes Drugs Market.

The Centers for Disease Control and Prevention National Diabetes Statistics Report 2022 estimated that more than 130 million adults are living with diabetes or prediabetes in the United States. ​Type 2 diabetes is more common, and diabetes is more consequential among communities of color, those who live in rural areas, and those with less education, lower incomes, and lower health literacy.

The disease's growing incidence, prevalence, and progressive nature encouraged the development of new drugs to provide additional treatment options for diabetic patients. Non-insulin treatments, used as first-line therapies for patients with type 2 diabetes, currently capture more than half the sales in the anti-diabetic market. Over the past decade, two important classes entered this market: dipeptidyl peptidase-4 inhibitors and sodium-glucose cotransporter-2 inhibitors.

In August 2022, Novo Nordisk announced headline results from a phase 2 clinical trial with CagriSema, a once-weekly subcutaneous combination of semaglutide and a novel amylin analogue, cagrilintide. The trial investigated the efficacy and safety of a fixed dose combination of CagriSema (2.4 mg semaglutide and 2.4 mg cagrilintide) compared to the individual components semaglutide 2.4 mg and cagrilintide 2.4 mg. These are all administered once weekly in 92 people with type 2 diabetes and who are overweight.

Owing to the factors above, the market is expected to grow during the forecast period.

North America Diabetes Drugs Market, Volume CAGR (%), by Geography, 2023-2028

North America Diabetes Drugs Industry Overview

The North America Diabetes Drugs Market is moderately fragmented with major manufacturers, namely Eli Lilly, Sanofi, Novo Nordisk, AstraZeneca, etc., and other generic players. A major share of the market is held by manufacturers concomitant with strategy-based M&A operations and constantly entering the market to generate new revenue streams and boost the existing ones. These measures taken by the market players will ensure a competitive marketplace, forcing companies to experiment with new technologies.

North America Diabetes Drugs Market Leaders

  1. Novo Nordisk

  2. Abbott

  3. Sanofi

  4. Eli Lilly

  5. Merck

*Disclaimer: Major Players sorted in no particular order

North America Diabetes Drugs Market Concentration

North America Diabetes Drugs Market News

  • May 2022: The US FDA approved Eli Lilly and Company’s Mounjaro (tirzepatide) injection as an adjunct to diet and exercise. It is to enhance glycemic control in adult patients with type 2 diabetes. A single molecule, Mounjaro is a once-weekly glucose-dependent insulinotropic polypeptide and glucagon-like peptide-1 receptor agonist.
  • March 2022: Oramed announced that ORMD-0801 is being evaluated in two pivotal Phase 3 trials and can be the first oral insulin capsule with the most convenient and safest way to deliver insulin therapy. This drug is expected to be a game-changer in the insulin and oral anti-diabetes drugs markets. Oramed is also developing an oral GLP-1 analog capsule (ORMD-0901).

North America Diabetes Drugs Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Insulins

      1. 5.1.1 Basal or Long Acting Insulins

        1. 5.1.1.1 Lantus (Insulin Glargine)

        2. 5.1.1.2 Levemir (Insulin Detemir)

        3. 5.1.1.3 Toujeo (Insulin Glargine)

        4. 5.1.1.4 Tresiba (Insulin Degludec)

        5. 5.1.1.5 Basaglar (Insulin Glargine)

      2. 5.1.2 Bolus or Fast Acting Insulins

        1. 5.1.2.1 NovoRapid/Novolog (Insulin Aspart)

        2. 5.1.2.2 Humalog (Insulin Lispro)

        3. 5.1.2.3 Apidra (Insulin Glulisine)

      3. 5.1.3 Traditional Human Insulins

        1. 5.1.3.1 Novolin/Actrapid/Insulatard

        2. 5.1.3.2 Humulin

        3. 5.1.3.3 Insuman

      4. 5.1.4 Biosimilar Insulins

        1. 5.1.4.1 Insulin Glargine Biosimilars

        2. 5.1.4.2 Human Insulin Biosimilars

    2. 5.2 Oral Anti-diabetic drugs

      1. 5.2.1 Biguanides

        1. 5.2.1.1 Metformin

      2. 5.2.2 Alpha-Glucosidase Inhibitors

        1. 5.2.2.1 Alpha-Glucosidase Inhibitors

      3. 5.2.3 Dopamine D2 receptor agonist

        1. 5.2.3.1 Bromocriptin

      4. 5.2.4 SGLT-2 inhibitors

        1. 5.2.4.1 Invokana (Canagliflozin)

        2. 5.2.4.2 Jardiance (Empagliflozin)

        3. 5.2.4.3 Farxiga/Forxiga (Dapagliflozin)

        4. 5.2.4.4 Suglat (Ipragliflozin)

      5. 5.2.5 DPP-4 inhibitors

        1. 5.2.5.1 Onglyza (Saxagliptin)

        2. 5.2.5.2 Tradjenta (Linagliptin)

        3. 5.2.5.3 Vipidia/Nesina(Alogliptin)

        4. 5.2.5.4 Galvus (Vildagliptin)

      6. 5.2.6 Sulfonylureas

        1. 5.2.6.1 Sulfonylureas

      7. 5.2.7 Meglitinides

        1. 5.2.7.1 Meglitinides

    3. 5.3 Non-Insulin Injectable drugs

      1. 5.3.1 GLP-1 receptor agonists

        1. 5.3.1.1 Victoza (Liraglutide)

        2. 5.3.1.2 Byetta (Exenatide)

        3. 5.3.1.3 Bydureon (Exenatide)

        4. 5.3.1.4 Trulicity (Dulaglutide)

        5. 5.3.1.5 Lyxumia (Lixisenatide)

        6. 5.3.1.6 Ozempic (Semaglutide)

      2. 5.3.2 Amylin Analogue

        1. 5.3.2.1 Symlin (Pramlintide)

    4. 5.4 Combination drugs

      1. 5.4.1 Insulin combinations

        1. 5.4.1.1 NovoMix (Biphasic Insulin Aspart)

        2. 5.4.1.2 Ryzodeg (Insulin Degludec and Insulin Aspart)

        3. 5.4.1.3 Xultophy (Insulin Degludec and Liraglutide)

      2. 5.4.2 Oral Combinations

        1. 5.4.2.1 Janumet (Sitagliptin and Metformin)

    5. 5.5 Geography

      1. 5.5.1 United States

      2. 5.5.2 Canada

      3. 5.5.3 Rest of North America

  6. 6. MARKET INDICATORS

    1. 6.1 Type-1 Diabetes population

    2. 6.2 Type-2 Diabetes population

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 COMPANY PROFILES

      1. 7.1.1 Novo Nordisk A/S

      2. 7.1.2 Sanofi Aventis

      3. 7.1.3 Eli Lilly

      4. 7.1.4 Astra Zeneca

      5. 7.1.5 Bristol Myers Squibb

      6. 7.1.6 Boehringer Ingelheim

      7. 7.1.7 Pfizer

      8. 7.1.8 Janssen Pharmaceuticals

      9. 7.1.9 Merck

      10. 7.1.10 Astellas

      11. 7.1.11 Teva

      12. 7.1.12 Takeda

    2. *List Not Exhaustive

    3. 7.2 COMPANY SHARE ANALYSIS

      1. 7.2.1 Novo Nordisk A/S

      2. 7.2.2 Sanofi Aventis

      3. 7.2.3 Eli Lilly

      4. 7.2.4 Astra Zeneca

      5. 7.2.5 Janssen Pharmaceuticals

      6. 7.2.6 Merck

      7. 7.2.7 Others

  8. 8. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
*The report covers a segment-wise breakdown (Value and Volume) for all the countries covered under Table of Contents **Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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North America Diabetes Drugs Market Research FAQs

The North America Diabetes Drugs Market is studied from 2017 - 2028.

The North America Diabetes Drugs Market is growing at a CAGR of 3.7% over the next 5 years.

The North America Diabetes Drugs Market is valued at 36220 Million USD in 2017.

The North America Diabetes Drugs Market is valued at 43475 Million USD in 2028.

Novo Nordisk, Abbott, Sanofi, Eli Lilly, Merck are the major companies operating in North America Diabetes Drugs Market.

North America Diabetes Drugs Industry Report

Statistics for the 2023 North America Diabetes Drugs market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Diabetes Drugs analysis includes a market forecast outlook to for 2023 to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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