Type 1 Diabetes Market Is Expected to Grow During the Forecast Period (2019-2032), DelveInsight | Key Players- AstraZeneca Sanofi/Lexicon Pharmaceuticals Provention Bio, and Others

DelveInsight’s Type 1 Diabetes Market Insights, Epidemiology, and Market Forecast 2032” report delivers an in-depth understanding of the disease, historical and forecasted epidemiology as well as the Type 1 Diabetes Market Size and Share in the 7MM (i.e. the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan).

 

The Type 1 Diabetes market report covers emerging drugs, current treatment practices, market share of the individual therapies, current and forecasted market size from 2019 to 2032. It also evaluates the current treatment practice/algorithm, market drivers & barriers, and unmet medical needs to curate the best of the opportunities and assess the underlying potential of the market.

 

Type 1 Diabetes: Overview

Diabetes is a chronic metabolic condition characterized by high or low blood glucose (or blood sugar) levels, leading to significant damage to the heart, blood vessels, eyes, kidneys, and nerves over time. The rationale behind developing diabetes incorporates two factors: insufficient insulin production (produced by the pancreas and reduced blood glucose) or unsatisfactory cell response to insulin action.

 

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Some of the key facts of the Type 1 Diabetes Market Report

According to the National Diabetes Statistics Report (2020), 34.2 million people in the United States have diabetes in 2018, accounting for 10.5% of the total population.
According to a Secondary search Type 2 Diabetes is more prevalent than Type 1 diabetes.
Type 1 diabetes may affect anybody at any age, although it impacts children and adolescents the most commonly. Over one million children and adolescents under the age of 20 have type 1 diabetes, according to the International Diabetes Federation (IDF).

 

Type 1 Diabetes Market

Type 1 Diabetes market size is anticipated to increase during the study period owing to the increasing incident population and rising awareness of Type 1 Diabetes in the 7MM. The expected launch of emerging therapies and the research and development activities of pharmaceutical companies will also fuel the market growth during the forecast period.

The market outlook section of the report helps to build a detailed comprehension of the historic, current, and forecasted Type 1 Diabetes market size by analyzing the impact of current and emerging therapies in the market. It also provides a detailed assessment of the market drivers & barriers, unmet needs, and emerging technologies.

The report gives a thorough detail of the Type 1 Diabetes market trend for each marketed drug and late-stage pipeline therapies by evaluating their impact based on the annual cost of therapy, inclusion and exclusion criteria, mechanism of action (MoA), competition with other therapies, brand value, their impact on the market and view of the key opinion leaders.

 

Type 1 Diabetes Market Insights

People with type 1 diabetes need to follow a different type of plan. A treatment plan, also called a diabetes management plan, helps people to manage their diabetes and stay healthy and active. Everyone’s plan is different, and is based upon a person’s health needs and the suggestions of the diabetes health care team. The goal of the treatment is to keep your blood sugar level as close to normal as possible to delay or prevent complications. Generally, the goal is to keep the daytime blood sugar levels before meals between 80 and 130 mg/dL (4.44 to 7.2 mmol/L) and the after-meal numbers no higher than 180 mg/dL (10 mmol/L) two hours after eating.

 

Type 1 Diabetes Treatment Market

Type 1 diabetes arises in response to the complete inability of the pancreas to produce this essential hormone, you need to provide your body with supplemental insulin. Having enough insulin is critical because this hormone is responsible for helping to regulate your blood sugar and keep it in a healthy range—not too high (hyperglycemia) and not too low (hypoglycemia). It is advised to take insulin several times a day, including the time before and after the meal. Several types of insulin are available. Each type starts to work at a different speed, known as “onset,” and its effects last a different length of time, known as “duration.” Most types of insulin reach a peak, which is when they have the strongest effect.

 

Type 1 Diabetes Epidemiology

The epidemiology section covers insights about the historical and current Type 1 Diabetes patient pool and forecasted trends for every seven major countries (7MM) from 2019 to 2032. It helps to recognize the causes of current and forecasted trends by exploring numerous studies and views of key opinion leaders. The epidemiology section also provides the diagnosed patient pool and their trends along with assumptions undertaken.

 

Type 1 Diabetes Market Drugs & Pipeline Development Activities

The drugs uptake section focuses on the rate of uptake of the potential drugs recently launched in the Type 1 Diabetes market or expected to get launched in the market during the study period. The analysis covers Type 1 Diabetes market uptake by drugs; patient uptake by therapies; and sales of each drug.

Report’s Drugs Uptake section helps in understanding the drugs with the most rapid uptake, reasons behind the maximal use of new drugs and allow the comparison of the drugs on the basis of market share and size which again will be useful in investigating factors important in market uptake and in making financial and regulatory decisions.

The report also covers the Type 1 Diabetes Pipeline Development Activities and provides valuable insights about different therapeutic candidates in Phase II, and Phase III stages and the key companies in the market involved in developing targeted therapeutics. It also analyses the recent Development such as collaborations, acquisitions, and mergers, licensing patent details, and other information for emerging therapies.

 

Type 1 Diabetes Emerging Therapy Assessment

The Type 1 Diabetes market is anticipated to be driven in the coming years due to the rise in novel drugs and therapies and increased healthcare spending across the world. The high prevalence of the disease and participation of the key players like, Provention Bio, Oramed and Tolerion, etc., will influence the market dynamics.

 

Type 1 Diabetes Companies includes-

AstraZeneca
Sanofi/Lexicon Pharmaceuticals
Provention Bio
Oramed, and others

 

Type 1 Diabetes Drugs includes-

ORMD-0801
Teplizumab
Sotagliflozin
Forxiga, and others

 

Type 1 Diabetes Market Drivers

Rise in Insulin consumption as the number of diabetic patients increases
Increase in R&D
Uptake of novel ultra-rapid-acting and ultra-long-acting insulin analogs.

 

Type 1 Diabetes Market Barriers

Entry of Biosimilars
High treatment and diagnosis Cost
Inadequate reimbursement policies

 

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Table of content

Key Insights
Executive Summary
Competitive Intelligence Analysis
Market Overview at a Glance
Disease Background and Overview
Patient Journey
Epidemiology and Patient Population
Treatment Algorithm, Current Treatment, and Medical Practices
Unmet Needs
Key Endpoints of Type 1 Diabetes Treatment
Marketed Products
Emerging Therapies
Seven Major Market Analysis
Attribute analysis
7MM: Market Outlook
Access and Reimbursement Overview
KOL Views
Market Drivers
Market Barriers
Appendix
DelveInsight Capabilities
Disclaimer
About DelveInsight

 

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