Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) Market Shares & Forecast by 2024 – Market Size, Type, Manufacturers, Application, Industry Analysis by Geographical Regions

 Sodium-dependent Glucose Cotransporter 2 (SGLT - 2)

Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).  

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Key Market Trends:

Increasing Side Effects of Invokana

– Drugs for diabetes are rather expensive for a large segment (middle-class or lower middle-class population) of diabetic patients.
– While there are only a few moderately priced-generics, like the metformin drugs, other medicines are often more costly and have fewer side effects.
– One such drug that is losing ground is Johnson & Johnson’s Invokana, due to its increasing side effects.
– In May, US regulators mandated that the pharmaceutical giant needs to add warnings to Invokana’s label about an increased risk of leg and foot amputations, and in the following month, the company’s cardiovascular outcomes trial, Canvas, confirmed that the medication increased the rate of amputations by about twofold.

Increasing Diabetic Population

– As there is an exponential growth of diabetic population YoY, especially type 2 diabetic patients, new innovative drugs are coming up in the market to increase the ease of access to the patients.
– With the increase in diabetic population, the need and demand for diabetes drugs are expected to increase. The other factors, such as better adoption than other therapies and government initiatives, are driving the diabetes drugs market.

Market Overview:

  • – Jardiance has the highest growth among all the drugs in the SGLT2 class, in terms of revenue, with an expected CAGR of about 22.51%, during the forecast period (2019-2024). Jardiance was reported to have less cardiovascular risk among other oral drugs.
  • – The sodium-dependent glucose cotransporter 2 (SGLT2) market is expected to witness tremendous growth during the forecast period (2019-2024), with a CAGR of 17%, mainly due to the drugs jardiance and farxiga/forxiga.
  • – Jardiance is a once-daily oral medication that is used to control blood glucose levels in people with type 2 diabetes.

    Key Manufacturers Like 

  • Eli Lilly
  • Janssen Pharmaceuticals
  • Boehringer Ingelheim
  • AstraZeneca
  • Bristol Myers Squibb.

    Scope of the Report:

  • The report includes a complete study of SGLT2 inhibitors, which include invokana, jardiance, farxiga, and suglat. The study is further divided into country-wise analysis, which cover all the drugs in the SGLT-2 class.

    Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market have also been involved in the study.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

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    Key Questions Answered in Market Report: –

    • What will the market growth rate, Overview and Analysis by Type of Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market in 2023?
    • What are the key factors driving, Analysis by Applications and Countries Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market?
    • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) ?
    • Who are Opportunities, Risk and Driving Force of Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
    • Who are the opportunities and threats faced by the vendors in Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) space? Business Overview by Type, Applications, Gross Margin and Market Share
    • What are the Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market opportunities, market risk and market overview of the Market?

    Lastly, the Global Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) Market Research covers a complete market structure across the world with a comprehensive analysis of major key factors. This report provides planned orientations referred by the industry experts.

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    Study objectives of Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) Market Report:

    • To provide a detailed analysis of the market structure along with the Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market forecast of various segments and sub-segments of the Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market trends that influence the global Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) market

    Detailed TOC of Sodium-dependent Glucose Cotransporter 2 (SGLT – 2) Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Drivers
    4.3 Restraints
    4.4 Porter’s Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Drug
    5.1.1 Sodium-dependent Glucose Cotransport 2 (SGLT-2) Inhibitor (Value and Volume, 2012-2024)
    5.1.1.1 Invokana (Canagliflozin)
    5.1.1.2 Jardiance (Empagliflozin)
    5.1.1.3 Farxiga/Forxiga (Dapagliflozin)
    5.1.1.4 Suglat (Ipragliflozin)
    5.2 By Geography
    5.2.1
    5.2.1.1 France (Value and Volume, 2012-2024)
    5.2.1.1.1 By Drug (Invokana, Jardiance, Farxiga, Suglat)
    5.2.1.2 Germany (Value and Volume, 2012-2024)
    5.2.1.2.1 By Drug (Invokana, Jardiance, Farxiga, Suglat)
    5.2.1.3 Italy (Value and Volume, 2012-2024)
    5.2.1.3.1 By Drug (Invokana, Jardiance, Farxiga, Suglat)
    5.2.1.4 Spain (Value and Volume, 2012-2024)
    5.2.1.4.1 By Drug (Invokana, Jardiance, Farxiga, Suglat)
    5.2.1.5 United Kingdom (Value and Volume, 2012-2024)
    5.2.1.5.1 By Drug (Invokana, Jardiance, Farxiga, Suglat)
    5.2.1.6 Russia (Value and Volume, 2012-2024)
    5.2.1.6.1 By Drug (Invokana, Jardiance, Farxiga, Suglat)
    5.2.1.7 Rest of (Value and Volume, 2012-2024)
    5.2.1.7.1 By Drug (Invokana, Jardiance, Farxiga, Suglat)

    6 MARKET INDICATORS
    6.1 Type-1 Diabetes Population (2012-2024)
    6.2 Type-2 Diabetes Population (2012-2024)

    7 COMPETITIVE LANDSCAPE
    7.1 COMPANY PROFILES
    7.1.1 Eli Lilly
    7.1.2 Janssen Pharmaceuticals
    7.1.3 Boehringer Ingelheim
    7.1.4 AstraZeneca
    7.1.5 Bristol Myers Squibb
    7.2 MARKET SHARE ANALYSIS
    7.2.1 Eli Lilly
    7.2.2 Janssen Pharmaceuticals
    7.2.3 Boehringer Ingelheim
    7.2.4 AstraZeneca

    8 MARKET OPPORTUNITES AND FUTURE TRENDS

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