Glucagon Like Peptide-1 (GLP-1) Agonists Market Research, 2033
The global glucagon like peptide-1 (GLP-1) agonists market size was valued at $31.3 billion in 2023, and is projected to reach $90.6 billion by 2033, growing at a CAGR of 11.2% from 2024 to 2033. The growth opportunity in the market lies in expanding applications beyond diabetes treatment. Growing research suggests that GLP-1 agonists can be effective for cardiovascular risk reduction, a significant concern for diabetic patients.
Market Introduction and Definition
A GLP-1 agonist is a class of medication that mimics the action of the naturally occurring hormone glucagon-like peptide-1 (GLP-1) . These drugs bind to and activate GLP-1 receptors, enhancing insulin secretion from the pancreas in response to elevated blood glucose levels, while inhibiting the release of glucagon. This dual action helps lower blood sugar levels. Additionally, GLP-1 agonists slow gastric emptying, promoting a feeling of fullness and aiding in weight management. They are primarily used in the treatment of type 2 diabetes and obesity, offering benefits in glycemic control and weight reduction.
Key Takeaways
- The Glucagon like peptide-1 (GLP-1) agonists market share study covers 20 countries. The research includes a segment analysis of each country in terms of value ($Billion) for the projected Glucagon like peptide-1 (GLP-1) agonists market forecast period 2024-2033.
- More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major Glucagon like peptide-1 (GLP-1) agonists industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key Market Dynamics
The Glucagon like peptide-1 (GLP-1) agonists market growth is driven by several key factors, with the rising global prevalence of type 2 diabetes and obesity being the most significant drivers. As lifestyle-related diseases surge due to sedentary behavior, poor diet, and aging populations, the demand for effective treatments like GLP-1 agonists grows. These drugs not only help manage blood glucose levels but also aid in weight loss, making them a dual-purpose treatment for diabetes and obesity. Additionally, advancements in drug formulations, such as once-weekly injectable options and combinations with insulin, enhance patient adherence and boost market adoption. The increasing geriatric population and growing awareness around the long-term health benefits of early diabetes management further fuel the market’s expansion.
However, despite the promising growth, the market faces several restraints. High costs associated with GLP-1 agonist therapies limit their accessibility, particularly in low-income regions where healthcare budgets are strained. Additionally, side effects such as gastrointestinal issues, including nausea and vomiting, may deter some patients from using these medications, restricting their uptake. Regulatory challenges, including the approval process for new drug formulations, also pose a hurdle for market players aiming to innovate and expand their product lines.
Furthermore, the potential of GLP-1 agonist in addressing non-alcoholic fatty liver disease (NAFLD) and as part of weight management therapies provides new avenues for growth. Increased investment in clinical research and broader insurance coverage for GLP-1 therapies in emerging markets could also help overcome cost barriers and open up new segments, driving future expansion of the Glucagon like peptide-1 (GLP-1) agonists market growth.
Impaired fasting glucose (IFG) prevalence estimates (2030)
The rising prevalence of Impaired Fasting Glucose (IFG) , a significant risk factor for developing type 2 diabetes, is expected to drive demand for GLP-1 agonists by 2030. According to the International Diabetes Federation, regions like South-East Asia (109, 400) and Africa (55, 200) will see substantial IFG cases, leading to increased diabetes risk. Similarly, high IFG prevalence in South and Central America (54, 300) and the Western Pacific (54, 100) highlights the growing need for effective glucose management therapies. As more individuals progress from IFG to type 2 diabetes, GLP-1 agonists, known for their efficacy in managing diabetes and aiding in weight loss, will be in higher demand across these regions.
Impaired fasting glucose (IFG) prevalance estimates (2030)- Thousands
Country | 2030 |
Africa | 55200 |
Europe | 26800 |
Middle East and North Africa | 35700 |
North America and Caribbean | 34200 |
South and Central America | 54300 |
South-East Asia | 109400 |
Western Pacific | 54100 |
Source : International Diabetes Federation
Market Segmentation
The glucagon like peptide-1 (GLP-1) agonists industry is segmented into type, route of administration, distribution channel and region. On the basis of type, the market is categorized into short-acting GLP-1 Agonists, and Long-acting GLP-1 Agonists. The Short-acting GLP-1 Agonists segment is divided into Exenatide and Lixisenatide. The long-acting GLP-1 Agonists segment is divided into Liraglutide, Dulaglutide, Semaglutide, and others. On the basis of route of administration, the market is segmented into parenteral and oral. On the basis of Distribution Channel, the market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Regional/Country Market Outlook
The Glucagon Like Peptide-1 (GLP-1) Agonists Market size shows significant growth potential across major regions. In North America, the market is driven by the high prevalence of diabetes and obesity, along with strong healthcare infrastructure and favorable reimbursement policies. Europe follows closely, supported by rising awareness and advanced healthcare systems. The Asia-Pacific region presents substantial opportunities due to the increasing diabetic population, growing healthcare investments, and improving access to treatments in countries like China and India. Emerging markets in Latin America and Middle East & Africa are also witnessing growth, driven by urbanization and increasing diagnosis rates
Industry Trends
- National Institute for Health and Care Excellence issued draft guidance?recommending new drug Semaglutide for adults with at least one weight-related condition? (such as high blood pressure, type 2 diabetes, or high cholesterol) . The drug suppresses appetite by mimicking the hormone glucagon-like peptide-1 (GLP-1) , which is released after eating. It makes people using it feel full, thereby resulting in people eating less and reducing their overall calorie intake.
Competitive Landscape
The major players operating in the Glucagon like peptide-1 (GLP-1) agonists market share include Novo Nordisk, Sanofi, Eli Lilly Company, AstraZeneca, Boehringer Ingelheim International GmbH., Pfizer Inc., Oramed, ?Merck & Co., Inc., GSK plc., Amgen Inc.
Recent Key Strategies and Developments
- In May 2022, Eli Lilly and Company's?announced the?U.S. Food and Drug Administration? (FDA) approval for Mounjaro (tirzepatide) injection. It is new once-weekly GIP (glucose-dependent insulinotropic polypeptide) and GLP-1 (glucagon-like peptide-1) receptor agonist indicated as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes.
- In December 2023, Carmot Therapeutics Inc. (Carmot) , a clinical-stage biotechnology company dedicated to developing life-changing therapeutics for people living with metabolic diseases including obesity and diabetes, announced that it has entered into a definitive merger agreement for Roche to acquire Carmot at a purchase price of $2.7 billion upfront and the potential for $400 million in milestone payments.
Key Sources Referred
- International Diabetes Federation
- National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK)
- American Diabetes Association (ADA)
- Diabetes Canada
- Asian Association for the Study of Diabetes (AASD)
- Australian Diabetes Society (ADS)
- World Obesity Federation
- OECD Health Statistics
- Juvenile Diabetes Research Foundation
- European Association for the Study of Diabetes (EASD)
Key Benefits for Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the glucagon like peptide-1 (GLP-1) agonists market analysis from 2024 to 2033 to identify the prevailing Glucagon Like Peptide-1 (GLP-1) Agonists Market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the glucagon like peptide-1 (GLP-1) agonists market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global Glucagon Like Peptide-1 (GLP-1) Agonists Market Trends, key players, market segments, application areas, and market growth strategies.
Glucagon Like Peptide-1 Report Highlights
Aspects | Details |
Market Size By 2033 | USD 90.6 Billion |
Growth Rate | CAGR of 11.2% |
Forecast period | 2024 - 2033 |
Report Pages | 216 |
By Type |
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By Route Of Administration |
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By Distribution Channel |
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By Region |
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Key Market Players | Novo Nordisk A/S, Hanmi Pharmaceutical Co., Ltd., Amgen Inc., Sanofi, GlaxoSmithKline plc., Pfizer Inc., AstraZeneca, boehringer ingelheim, Zealand Pharma, Eli Lilly and Company |
The total market value of Glucagon Like Peptide-1 (GLP-1) Agonists Market was $ 31.3 billion in 2023.
The market value of Glucagon Like Peptide-1 (GLP-1) Agonists Market is projected to reach $90.6 billion by 2033.
The forecast period for Glucagon Like Peptide-1 (GLP-1) Agonists Market is 2024 to 2033
The base year is 2023 in Glucagon Like Peptide-1 (GLP-1) Agonists Market.
A GLP-1 agonist is a class of medication that mimics the action of the naturally occurring hormone glucagon-like peptide-1 (GLP-1). These drugs bind to and activate GLP-1 receptors, enhancing insulin secretion from the pancreas in response to elevated blood glucose levels, while inhibiting the release of glucagon.
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