The Diabetes Drug Market Size was valued at USD 79.4 billion in 2023 and is expected to reach USD 14

This comprehensive report offers in-depth insights into the diabetes drug market. We analyze trends in the existing and future market, explore pricing strategies and drivers of drug pricing, and provide an overview of key patents governing the industry landscape. Our report provides an integrated picture of the diabetes drug market, by highlighting the latest updates and numbers in this fast-evolving field and providing stakeholders with all the tools to make the best strategic decision. There is an increasing incidence of diabetes due to changing lifestyles towards more sedentary behavior, urbanization, and increasing obesity, which is a major driver of the global diabetes drug market. Diabetes is directly associated with 284,049 deaths per year. According to the World Health Organization (WHO), more than 537 million adults around the world had diabetes in 2021, and the number is expected to skyrocket to 783 million by 2045. According to a recent study in India known as the \"diabetes capital\", more than 212 crore people were affected in 2024.