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Current and Future Opportunities in Type 2 Diabetes

1/23/24, 10:00 PM

Being a type 1 diabetic and having diabetes run in my family I thought it might be a good idea to do a deep dive into the type 2 market.

The global prevalence of diabetes is on the rise, with over 400 million people affected worldwide(1). This increase, primarily due to unhealthy diets and sedentary lifestyles leading to obesity, is driving the growth of the diabetes care drugs market(2). As of 2023, the Diabetes Care Drugs Market size is estimated at USD 84.56 billion and is expected to reach USD 100.48 billion by 2028, growing at a compound annual growth rate (CAGR) of 3.51% during the forecast period(3).

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