Astellas Pharma Inc., announced that selective SGLT2 inhibitor Suglat Tablets 25mg and 50mg Ipragliflozin L-Proline, “Suglat Tablets”) became available for the indication of type 2 diabetes in the Japanese market today.
AstraZeneca’s Forxiga (dapagliflozin) was approved in China to reduce the risk of cardiovascular (CV) death and hospitalization for heart failure in adults with heart failure (NYHA class II-IV) with reduced ejection fraction (HFrEF).
Author Credits: Radhika Gupta, Shivam Bhutani
Report ID: 3972
Published Date: Aug 25, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Growing Concern for the Prevalence of diabetes mellitus is estimated to boost the SGLT2 inhibitor treatment market.
The market size of SGLT2 inhibitors treatment market is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2023 – 2035.
The major players in the market are Novartis International AG, Boehringer Ingelheim GmbH, Janssen pharmaceutical, GRUPO TECNIMEDE, Unichem laboratories ltd, Edificio blue pharma, AstraZeneca Pharmaceuticals LP, Eli Lily and company, the mercy group, Pfizer Inc.
The hospital segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.