Decision Resources finds that the type 2 diabetes drug market will nearly double over the next decade, increasing from $26 billion in 2011 to nearly $50 billion in 2021 in the United States, France, Germany, Italy, Spain, the United Kingdom and Japan. The main factors fueling this growth are an increasing drug-treated patient population and a large pipeline of products expected to launch during this period.
The dipeptidyl peptidase IV (DPP-IV) inhibitor drug class will continue to experience robust growth, given their increasing use in the second-line setting, and will hold a 28 percent market share by 2021. Merck’s first-in-class DPP-IV inhibitor, sitagliptin (Januvia/Xelevia), will remain the leading agent in the class while other agents struggle to differentiate themselves, owing to their lack of significant clinical advantages over Januvia. The glucagon-like peptide-1 (GLP-1) receptor agonist class will also experience strong growth with major-market sales forecasted to reach nearly $8 billion by 2021. Although these agents are expensive and require injections, they have a strong efficacy profile and can elicit weight loss.
Additionally, SGLT-2 inhibitors—most notably AstraZeneca/Bristol-Myers Squibb’s dapagliflozin and Johnson & Johnson’s canagliflozin—are also expected to have an impact on the treatment paradigm for type 2 diabetes.
“Interviewed thought leaders consider the SGLT-2 inhibitors the most interesting agents that will emerge during the forecast period based on their weight-loss efficacy, versatility and low risk of hypoglycemia,” said Decision Resources Therapeutic Area Director Donny Wong, Ph.D. “We anticipate that dapagliflozin, the lead compound in this class, will launch in Europe in late 2012.”
The findings also reveal that usage of the PPAR-gamma agonist class will continue to decline through 2021, given the safety issues surrounding both GlaxoSmithKline’s Avandia (rosiglitazone) and Takeda’s Actos (pioglitazone), as well as the generic erosion of pioglitazone.
http://finance.yahoo.com/news/type-2-diabetes-drug-market-140000517.html
The dipeptidyl peptidase IV (DPP-IV) inhibitor drug class will continue to experience robust growth, given their increasing use in the second-line setting, and will hold a 28 percent market share by 2021. Merck’s first-in-class DPP-IV inhibitor, sitagliptin (Januvia/Xelevia), will remain the leading agent in the class while other agents struggle to differentiate themselves, owing to their lack of significant clinical advantages over Januvia. The glucagon-like peptide-1 (GLP-1) receptor agonist class will also experience strong growth with major-market sales forecasted to reach nearly $8 billion by 2021. Although these agents are expensive and require injections, they have a strong efficacy profile and can elicit weight loss.
Additionally, SGLT-2 inhibitors—most notably AstraZeneca/Bristol-Myers Squibb’s dapagliflozin and Johnson & Johnson’s canagliflozin—are also expected to have an impact on the treatment paradigm for type 2 diabetes.
“Interviewed thought leaders consider the SGLT-2 inhibitors the most interesting agents that will emerge during the forecast period based on their weight-loss efficacy, versatility and low risk of hypoglycemia,” said Decision Resources Therapeutic Area Director Donny Wong, Ph.D. “We anticipate that dapagliflozin, the lead compound in this class, will launch in Europe in late 2012.”
The findings also reveal that usage of the PPAR-gamma agonist class will continue to decline through 2021, given the safety issues surrounding both GlaxoSmithKline’s Avandia (rosiglitazone) and Takeda’s Actos (pioglitazone), as well as the generic erosion of pioglitazone.
http://finance.yahoo.com/news/type-2-diabetes-drug-market-140000517.html