The article cited AMA's Global Glucagon Market Study explored substantial growth with CAGR of 6.6%. According to the study, Increased Focus on the Research & Development of New Glucagon Formulations to Offer Potentially Easier Delivery is one of the primary growth factors for the market. Surging Demand of Glucagon as Emergency Medicine to Increase the Level of Blood Glucose in Severe Hypoglycemia
is also expected to contribute significantly to the Glucagon market. Overall, Hypoglycemia
applications of Glucagon, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Torrent Labs (United States), Xeris Pharmaceuticals, Inc. (United States), Pfizer (United States), Novo Nordisk (Denmark), Taj Pharmaceuticals (India), Fresenius Kabi (Germany), Eli Lilly and Company (United States), Mayo Clinic (United States), Amphastar Pharmaceuticals (United States) and Zealand Pharma (Denmark) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Glucagon market identified that the demand is rising in many different parts of the world as "Rising Number of People with Type 2 Diabetes Due to Change in Lifestyle and Eating Habits
". Furthermore, some recent industry insights like "In 2021, Zealand Pharma announced the FDA approval of its Zegalogue (dasiglucagon) injection for the treatment of severe hypoglycemia in pediatric and adult patients. The Zegalogue will be available in an auto injector and a prefilled syringe for the treatment. and In 2020, Amphastar Pharmaceuticals, Inc. announced the FDA approval of Glucagon for Injection Emergency Kit, 1 mg. It is used for the treatment of severe hypoglycemia as well as a diagnostic aid. The newly launched synthetic peptide product was determined to be bioequivalent and therapeutically equivalent to Eli Lilly’s Glucagon Emergency Kit for Low Blood Sugar." is constantly making the industry dynamic. One of the challenges that industry facing is "The Drug Inhibits Movement of the Gastrointestinal (GI) Tract Temporarily and Allergic Reactions in Some People"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Glucagon market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Glucagon market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Glucagon market tight? Which application/end-user category or Product Type [Glucagon Like Peptide 1 and Glucagon Like Peptide 2] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Glucagon market and other related sub-markets covered in the study.
o Key & emerging players in the Glucagon market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Glucagon market size is calculated using market estimation process, the Glucagon market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Glucagon market size has been validated using both top-down and bottom-up approaches.