The Global Market for DPP-IV Inhibitors is Projected to Reach US$14.8 Billion by 2022
Rising Epidemic of Type-2 Diabetes Mellitus Drives the
Global DPP-IV Inhibitors Market, According to a New Report by Global Industry Analysts, Inc.
GIA
launches comprehensive analysis of industry segments, trends, growth drivers,
market share, size and demand forecasts on the global DPP-IV Inhibitors market.
The
global market for DPP-IV Inhibitors is projected to reach US$14.8 billion by
2022, driven by the increasing incidence of diabetes and demand for novel
therapies with excellent safety profiles, convenient dosage regimens, and minimal
side-effects.
DPP-IV
inhibitors inhibit the DiPeptidyl Peptidase IV (DPP-4) enzyme and enhance the
action of its substrate, the incretin hormones, which then aid in increased
insulin release and maintain appropriate glucose levels in the blood. DPP-IV
inhibitors, also called “gliptins”, primarily include Sitagliptin (brand names Januvia,
Janumet), Vildagliptin (Galvus), Saxagliptin (Onglyza) and others such as
Linagliptin, Alogliptin and Teneligliptin. Gliptins represent an attractive
alternative to the first-line therapy of metformin for diabetes, especially in
people who cannot tolerate biguanide metformin hydrochloride because of adverse
gastrointestinal effects, and in whom metformin-only therapy is not effective. DPP-4
inhibitors made their way into the market in 2006, with the U.S. launch of the
first drug in the class, Januvia. Excellent safety profile of the drug and the
convenience of being an oral drug with once-daily dosage, led to tremendous
success of the drug since its launch. Despite being well tolerated and having
an excellent safety profile, most DPP-4 inhibitors are yet to be established
with respect to durability of their effects. As a result, outcomes of long-term
studies remain vital for the continued growth of these medications.
Safety
warnings added to gliptin drug labels of late may threaten the market to an
extent. In 2015, the FDA added a Warning and Precaution about the risk of
severe and disabling joint pain to the labels of all DPP-4 inhibitors, based on
adverse event reports. Further, in 2016, a FDA safety review found that
saxagliptin and alogliptin-containing drugs may increase heart failure risk,
particularly in heart or kidney disease patients. Consequently, new warnings
about heart failure risk were added to drug labels of saxagliptin
and alogliptin drugs, marketed under the trade names of Onglyza, Kombiglyze-XR,
Nesina, Kazano & Oseni. Despite the availability of an increasing number of
drugs, management of type2 diabetes-associated hyperglycemia is challenging.
Dipeptidyl Peptidase-4 Inhibitors offer some advantages over conventional
sulfonylureas, in terms of weight management of diabetic patients. But the
recent launch of two Sodium–Glucose
Co-Transporter type 2 (SGLT2) inhibitors, Dapagliflozin and
Canagliflozin, and the impending launch of the third one, Empagliflozin, will
increase competition in the anti-diabetic drug space.
As stated by the new
market research report on DPP-IV
Inhibitors, the United States represents
the largest market worldwide. Asia-Pacific ranks as the fastest growing market
worldwide, with a CAGR of 13.8% over the analysis period. The growth in the
region is backed by China and India with their huge type-2 diabetic and
pre-diabetic population.
Major
players covered in the report include AstraZeneca Plc., Boehringer Ingelheim
GmbH, Eli Lilly and Company, Merck & Co. Inc., Mitsubishi Tanabe Pharma
Corporation, Novartis AG, and Takeda Pharmaceutical Company Limited.
The research report titled "DPP-IV Inhibitors: A Global Strategic Business Report" announced by Global Industry Analysts Inc.,
provides a comprehensive review of market trends, growth drivers, mergers and
acquisitions, and other strategic industry activities of major companies
worldwide. The report provides market estimates and projections for geographic
markets, such as the US, Canada, Japan, Europe (France, Germany, Italy, UK,
Russia, and Rest of Europe), Asia-Pacific (China, India, South Korea, and Rest
of Asia-Pacific), and Rest of World. Drug compound segments analyzed for the
global market include sitagliptin, vildagliptin, saxagliptin, and others
(including alogliptin and linagliptin). Drug segments analyzed for the US market
include sitagliptin, saxagliptin, linagliptin, and alogliptin.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA,
All Rights Reserved.
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