The global dipeptidyl peptidase IV (DPP-IV) inhibitors market is expected to grow at a significant CAGR due to increase in the prevalence and incidence of diabetes. The excellent safety profile of dipeptidyl peptidase IV inhibitors, growing investments in the R&D activities, convenience benefit of being an oral medication, and acceptance of dipeptidyl peptidase IV inhibitors in oral antidiabetic drug class might fuel the dipeptidyl peptidase IV inhibitors market over the forecast period. Furthermore, favourable reimbursement policies for diabetes treatment, and low cost for dipeptidyl peptidase IV inhibitors expected to boost the dipeptidyl peptidase-IV inhibitors market over the forecast period. However, stringent regulatory policies, adverse effects associated with dipeptidyl peptidase IV inhibitors might hamper the dipeptidyl peptidase IV inhibitors market growth over the forecast period.A sample of this report is available upon request @
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Dipeptidyl Peptidase IV (DPP-IV) Inhibitors market segmented on the basis of drug type, and distribution channel
Based on drug type, dipeptidyl peptidase IV Inhibitors market is segmented into the following:
Sitagliptin
Vildagliptin
Saxagliptin
Linagliptin
Others
Based on distribution channel, dipeptidyl peptidase IV Inhibitors market is segmented into the following:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
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Geographically, dipeptidyl peptidase IV Inhibitors market is in booming stage in nature with several local and international players operating in the market. Increase in the prevalence and incidence of diabetic patients (According to the International Diabetes Federation, 7 million people are added every year to the pool of 246 million diabetics which increases to approximately 438 million by 2030. About 3.8 million People die each year from diabetes and even more, people die of other chronic diseases such as renal failure due to diabetes) expected to fuel the dipeptidyl peptidase IV inhibitors market.
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Some of the players in dipeptidyl peptidase IV Inhibitors market are AstraZeneca Plc. (UK), Boehringer Ingelheim GmbH (Germany), Eli Lilly and Company (U.S.), Merck & Co, Inc. (U.S.), Mitsubishi Tanabe Pharma Corporation (Japan), Novartis AG (Switzerland), Takeda Pharmaceutical Company Limited (Japan), Sanofi (France), Bristol-Myers Squibb (U.S.), GlaxoSmithKline Plc. (U.K.), Pfizer, Inc. (U.S.), Otsuka Holdings Co. Ltd. (Japan), Ornamed Pharmaceutical, Inc. (Israel), Dr. Reddy’s Laboratories, Ltd. (India), and Novo Nordisk A/S (Denmark) to name a few.
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