Global Type 2 Diabetes Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Drug Class;

Insulins, DPP-4 Inhibitors, GLP-1 Receptor Agonists, and SGLT-2 Inhibitors.

By Application;

Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn312960644 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Type 2 Diabetes Market (USD Million), 2021 - 2031

In the year 2024, the Global Type 2 Diabetes Market was valued at USD 36,575.41 million. The size of this market is expected to increase to USD 63,287.60 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.1%.

The global Type 2 diabetes market encompasses a wide array of pharmaceuticals, medical devices, diagnostics, and digital health solutions aimed at managing and treating Type 2 diabetes, a chronic metabolic disorder characterized by insulin resistance and high blood sugar levels. With an escalating prevalence worldwide, driven by sedentary lifestyles, unhealthy dietary habits, and aging populations, Type 2 diabetes poses a significant public health challenge, exerting immense economic and healthcare burdens on individuals, communities, and healthcare systems.

Market players in the global Type 2 diabetes market operate in a dynamic landscape shaped by evolving patient needs, technological innovations, regulatory frameworks, and market competition. Key market drivers such as innovation in treatment modalities, rising disease prevalence, and technological advancements in diabetes management drive market growth and spur investments in research and development, product commercialization, and market expansion strategies.

However, the market also faces notable challenges, including high treatment costs, limited access to healthcare services, regulatory hurdles, and persisting stigma surrounding diabetes. Addressing these challenges necessitates collaborative efforts from healthcare stakeholders, policymakers, industry players, and patient advocacy groups to foster innovation, improve healthcare infrastructure, enhance disease awareness, and promote equitable access to diabetes care worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Drug Class
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Type 2 Diabetes Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Innovation in Treatment
        2. Rising Prevalence Rates
        3. Technological Advancements
        4. Lifestyle Changes
        5. Aging Population Growth
      2. Restraints
        1. High Treatment Costs
        2. Limited Access
        3. Regulatory Hurdles
        4. Stigma and Awareness
        5. Healthcare Infrastructure
      3. Opportunities
        1. Personalized Medicine Approach
        2. Emerging Markets Expansion
        3. Digital Health Solutions
        4. Prevention Initiatives
        5. Collaborative Research Efforts
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Type 2 Diabetes Market, By Drug Class, 2021 - 2031 (USD Million)
      1. Insulins
      2. DPP-4 inhibitors
      3. GLP-1 receptor agonists
      4. SGLT-2 inhibitors
    2. Global Type 2 Diabetes Market, By Application, 2021 - 2031 (USD Million)
      1. Hospital Pharmacies
      2. Retail Pharmacies
      3. Online Pharmacies
      4. Others
    3. Global Type 2 Diabetes Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Novo Nordisk
      2. Sanofi
      3. Eli Lilly and Company
      4. Merck & Co., Inc.
      5. AstraZeneca
      6. Johnson & Johnson
      7. Boehringer Ingelheim
  7. Analyst Views
  8. Future Outlook of the Market