Diabetes drugs are the drugs which are administered for the treatment of different types of Diabetes. Drugs used in diabetes treat diabetes mellitus by lowering glucose levels in the blood. With the exceptions of insulin, exenatide, liraglutide and pramlintide, all are administered orally and are thus also called oral hypoglycaemic agents or oral antihyperglycemic agents. There are different classes of anti-diabetic drugs, and their selection depends on the nature of the diabetes, age and situation of the person, as well as other factors. Diabetes is treated through diabetes drugs such as insulin, metformin, and sulphonylureas. Diabetes drugs help in preventing complications and controlling blood glucose level in the blood. Some of the drugs used to treat type 2 diabetes are metformin, actos, avandia, lantus subcutaneous, and invokana. All drugs are administered orally except insulin, exenatide, liraglutide, and pramlintide. Insulin is delivered through insulin delivery devices including infusion pump, intravenous sets, insulin syringe, insulin pen, and jet injectors. Long acting, intermediate acting, short acting, and rapid acting are some of the types of insulin used to treat diabetes.
Novo Nordisk, Sanofi, MannKind, Bristol-Myers Squibb, AstraZeneca are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Diabetes Drug Market.
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Diabetes Drug Global Market – Overview
The Global Diabetes Drug Market is growing with the rapid pace; mainly due to the growing prevalence of diabetes. According to a recent study report published by the Market Research Future, The global Diabetes Drug market has been booming. The market is expected to grow at a rapid pace during the forecast period (2017 – 2027). The global Diabetes Drug is forecasted to demonstrate a spectacular growth by 2027, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2027).