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US Diabetes Care Drugs Market Size (2024 - 2029)

The US Diabetes Care Drugs Market is projected to experience growth over the forecast period, driven by the increasing prevalence of diabetes across various demographics in the United States. The market's expansion is influenced by factors such as the aging population, advancements in healthcare, and the rising number of diagnosed cases, including among younger individuals with unhealthy lifestyles. The insulin segment plays a crucial role in the market, characterized by high competition among manufacturers due to the complex production process and the significant demand from Type-1 and Type-2 diabetes patients.

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Market Size of US Diabetes Care Drugs Industry

US Diabetes Care Drugs Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 32.59 Billion
Market Size (2029) USD 39.08 Billion
CAGR (2024 - 2029) 3.70 %

Major Players

US Diabetes Care Drugs Market Major Players

*Disclaimer: Major Players sorted in no particular order

US Diabetes Care Drugs Market Analysis

The US Diabetes Care Drugs Market size is estimated at USD 32.59 billion in 2024, and is expected to reach USD 39.08 billion by 2029, growing at a CAGR of 3.70% during the forecast period (2024-2029).

The prevalence of diabetes in the United States is rapidly increasing, as indicated by the latest data from the CDC's National Diabetes Statistics Report for 2022. The report estimates that there are now approximately 37.3 million cases of diabetes in the country. This accounts for 11.3% of the U.S. population. 

Out of these cases, around 28.7 million individuals have already been diagnosed with diabetes, while approximately 8.6 million people remain undiagnosed. It is important to note that diabetes affects individuals from all social, economic, and ethnic backgrounds. Furthermore, nearly half of the population aged 65 years or older, which amounts to 26.4 million people, have prediabetes.

According to the World Health Organization (WHO), the risk of diabetes has increased in North America due to the aging population. With advancements in healthcare, people are living longer, resulting in a significant percentage of the aging population being diagnosed with diabetes. The rising number of diabetes cases includes individuals who have recently developed the condition, particularly young individuals with unhealthy lifestyles. Additionally, there is an increase in the number of older adults who have been diagnosed with diabetes due to the availability of newer tests and increased screening.

Based on drugs, the insulin segment holds a significant share in the market. Over 100 million people around the world need insulin, including all the people suffering from Type-1 diabetes and between 10% and 25% of people with Type-2 diabetes. Production of insulin is very complex, and there are very few companies in the market that manufacture insulin. Due to this, there is high competition between these manufacturers, who always strive to meet the patient's needs to supply the best-quality insulin.

US Diabetes Care Drugs Industry Segmentation

Diabetes or diabetes mellitus describes a group of metabolic disorders characterized by a high blood sugar level in a person. With diabetes, the body either does not produce enough insulin or the body's cells do not respond properly to insulin, or both. The United States diabetes care drugs market is segmented into drugs. The report offers the value (in USD) and volume (in Units) for the above segments.

Oral Anti-diabetic drugs
Biguanides
Metformin
Alpha-Glucosidase Inhibitors
Alpha-Glucosidase Inhibitors
Dopamine D2 receptor agonist
Bromocriptin
SGLT-2 inhibitors
Invokana (Canagliflozin)
Jardiance (Empagliflozin)
Farxiga/Forxiga (Dapagliflozin)
Suglat (Ipragliflozin)
DPP-4 inhibitors
Onglyza (Saxagliptin)
Tradjenta (Linagliptin)
Vipidia/Nesina(Alogliptin)
Galvus (Vildagliptin)
Sulfonylureas
Sulfonylureas
Meglitinides
Meglitinides
Insulins
Basal or Long Acting Insulins
Lantus (Insulin Glargine)
Levemir (Insulin Detemir)
Toujeo (Insulin Glargine)
Tresiba (Insulin Degludec)
Basaglar (Insulin Glargine)
Bolus or Fast Acting Insulins
NovoRapid/Novolog (Insulin Aspart)
Humalog (Insulin Lispro)
Apidra (Insulin Glulisine)
Traditional Human Insulins
Novolin/Actrapid/Insulatard
Humulin
Insuman
Biosimilar Insulins
Insulin Glargine Biosimilars
Human Insulin Biosimilars
Combination drugs
Insulin combinations
NovoMix (Biphasic Insulin Aspart)
Ryzodeg (Insulin Degludec and Insulin Aspart)
Xultophy (Insulin Degludec and Liraglutide)
Oral Combinations
Janumet (Sitagliptin and Metformin)
Non-Insulin Injectable drugs
GLP-1 receptor agonists
Victoza (Liraglutide)
Byetta (Exenatide)
Bydureon (Exenatide)
Trulicity (Dulaglutide)
Lyxumia (Lixisenatide)
Amylin Analogue
Symlin (Pramlintide)
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US Diabetes Care Drugs Market Size Summary

The US diabetes care drugs market is poised for significant growth, driven by the increasing prevalence of diabetes across diverse demographics. The market is characterized by a robust demand for insulin and oral anti-diabetes medications, with insulin holding a substantial share due to its critical role in managing Type 1 and a portion of Type 2 diabetes cases. The complexity of insulin production and the limited number of manufacturers contribute to a competitive landscape, where companies strive to meet the high demand for quality insulin. Meanwhile, the oral anti-diabetes drugs segment, led by Metformin, is expected to expand, fueled by its widespread use and favorable risk/benefit profile. Metformin's long-term efficacy, safety, and cost-effectiveness have cemented its position as the most prescribed oral antidiabetic drug globally.

The United States stands as a dominant force in the global insulin therapeutics market, attributed to its high diabetes prevalence and the introduction of new drugs. The market's growth is further supported by increasing awareness of diabetes care and the high demand for diabetic drugs to stabilize blood glucose levels. Recent regulatory approvals, such as those for Empagliflozin and Metformin Hydrochloride tablets, underscore the ongoing innovation and expansion within the market. Additionally, advancements in treatment options, including the approval of Lantidra for Type 1 diabetes and new oral medications for pediatric patients, highlight the dynamic nature of the industry. These factors collectively contribute to the anticipated growth of the US diabetes care drugs market over the forecast period.

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US Diabetes Care Drugs Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Oral Anti-diabetic drugs

      1. 2.1.1 Biguanides

        1. 2.1.1.1 Metformin

      2. 2.1.2 Alpha-Glucosidase Inhibitors

        1. 2.1.2.1 Alpha-Glucosidase Inhibitors

      3. 2.1.3 Dopamine D2 receptor agonist

        1. 2.1.3.1 Bromocriptin

      4. 2.1.4 SGLT-2 inhibitors

        1. 2.1.4.1 Invokana (Canagliflozin)

        2. 2.1.4.2 Jardiance (Empagliflozin)

        3. 2.1.4.3 Farxiga/Forxiga (Dapagliflozin)

        4. 2.1.4.4 Suglat (Ipragliflozin)

      5. 2.1.5 DPP-4 inhibitors

        1. 2.1.5.1 Onglyza (Saxagliptin)

        2. 2.1.5.2 Tradjenta (Linagliptin)

        3. 2.1.5.3 Vipidia/Nesina(Alogliptin)

        4. 2.1.5.4 Galvus (Vildagliptin)

      6. 2.1.6 Sulfonylureas

        1. 2.1.6.1 Sulfonylureas

      7. 2.1.7 Meglitinides

        1. 2.1.7.1 Meglitinides

    2. 2.2 Insulins

      1. 2.2.1 Basal or Long Acting Insulins

        1. 2.2.1.1 Lantus (Insulin Glargine)

        2. 2.2.1.2 Levemir (Insulin Detemir)

        3. 2.2.1.3 Toujeo (Insulin Glargine)

        4. 2.2.1.4 Tresiba (Insulin Degludec)

        5. 2.2.1.5 Basaglar (Insulin Glargine)

      2. 2.2.2 Bolus or Fast Acting Insulins

        1. 2.2.2.1 NovoRapid/Novolog (Insulin Aspart)

        2. 2.2.2.2 Humalog (Insulin Lispro)

        3. 2.2.2.3 Apidra (Insulin Glulisine)

      3. 2.2.3 Traditional Human Insulins

        1. 2.2.3.1 Novolin/Actrapid/Insulatard

        2. 2.2.3.2 Humulin

        3. 2.2.3.3 Insuman

      4. 2.2.4 Biosimilar Insulins

        1. 2.2.4.1 Insulin Glargine Biosimilars

        2. 2.2.4.2 Human Insulin Biosimilars

    3. 2.3 Combination drugs

      1. 2.3.1 Insulin combinations

        1. 2.3.1.1 NovoMix (Biphasic Insulin Aspart)

        2. 2.3.1.2 Ryzodeg (Insulin Degludec and Insulin Aspart)

        3. 2.3.1.3 Xultophy (Insulin Degludec and Liraglutide)

      2. 2.3.2 Oral Combinations

        1. 2.3.2.1 Janumet (Sitagliptin and Metformin)

    4. 2.4 Non-Insulin Injectable drugs

      1. 2.4.1 GLP-1 receptor agonists

        1. 2.4.1.1 Victoza (Liraglutide)

        2. 2.4.1.2 Byetta (Exenatide)

        3. 2.4.1.3 Bydureon (Exenatide)

        4. 2.4.1.4 Trulicity (Dulaglutide)

        5. 2.4.1.5 Lyxumia (Lixisenatide)

      2. 2.4.2 Amylin Analogue

        1. 2.4.2.1 Symlin (Pramlintide)

US Diabetes Care Drugs Market Size FAQs

The US Diabetes Care Drugs Market size is expected to reach USD 32.59 billion in 2024 and grow at a CAGR of 3.70% to reach USD 39.08 billion by 2029.

In 2024, the US Diabetes Care Drugs Market size is expected to reach USD 32.59 billion.

United States Diabetes Care Drugs Market Report Snapshots

US Diabetes Care Drugs Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)