Market Research Reports, Inc. has announced the addition of “Type 2 Diabetes Mellitus Therapeutics in Asia-Pacific Markets to 2021 - Increasing Usage of Newer Therapies and Expanding Treatment Population to Encourage Robust Growth” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWIRE) -- 03/18/2016 -- The Type 2 Diabetes Mellitus (T2DM) market is expected to grow from $6.07 billion in 2014, to $10.2 billion in 2021, at a CAGR of 7.7%. This growth will be driven by the rapidly expanding prevalence population, due to increasingly aging populations and sedentary lifestyles, as well as increases in the diagnosis and treatment rates, due to rising disease awareness among the public. The increased uptake of recently approved and emerging branded therapeutics, in favour of lower-cost generic products, will also propel market growth. The pipeline for T2DM is very large, with 524 products active, at a disclosed stage of development. The number and high level of diversity, of these products suggests that there is a strong potential for unmet needs to be addressed in the coming years. Higher levels of innovation are apparent in the early-stage pipeline, which may lead to considerable improvements beyond the existing range of products, in terms of safety and efficacy in the long-term.
Type 2 Diabetes Mellitus Therapeutics in Asia-Pacific Markets to 2021 - Increasing Usage of Newer Therapies and Expanding Treatment Population to Encourage Robust Growth report provides analysis of the Type 2 Diabetes Mellitus (T2DM) treatment arena in the Asia-Pacific (APAC) countries of China, India, Japan, and Australia. It includes annualized market data from 2014 and forecast to 2021, highlights current unmet needs, and discusses the current clinical and commercial landscape of the APAC T2DM therapeutics space.
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