Insulin Sensitizers Market Size, Share & Trends Analysis Report Type of Insulin Sensitizers (Thiazolidinediones (TZDs), Biguanides, Incretin-based therapies, Others), By Indication (Type 2 Diabetes, Prediabetes, Polycystic Ovary Syndrome (PCOS)), By Route of Administration, By Distribution Channel, Region And Segment Forecasts, 2023-2031

Report Id: 2034 Pages: 180 Last Updated: 11 November 2024 Format: PDF / PPT / Excel / Power BI
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The Global Insulin Sensitizers Market Size is valued at USD 14.27 billion in 2022 and is predicted to reach USD 23.35 billion by the year 2031 at a 5.8% CAGR during the forecast period for 2023-2031.

Insulin Sensitizers Market

Thiazolidinediones (TZDs) are referred to as "insulin sensitizers" and are also euglycemics, which normalize blood sugar. Type 2 diabetes mellitus (T2DM) has insulin sensitizers as its accepted underlying cause. Due to the restricted prescription or removal from the market of several licenced insulin sensitizers, such as thiazolidinediones (TZDs), due to safety concerns, there is now an unmet demand for safe and effective insulin sensitizers. Therefore, diabetic patients will greatly benefit from effective insulin sensitizers devoid of TZD-like adverse effects. 

The World Health Organisation predicts that the morbidity of diabetes mellitus (DM), a noninfectious pandemic disease that affects the entire world, will continue to climb in the ensuing decades, which is anticipated to drive market growth. The rise in insulin sensitizers in the general population, which is the pervasive occurrence of obesity and metabolic syndrome, is responsible for the rise in type 2 diabetes (T2DM), which affects more than 90% of diabetic patients, which is another characteristic propelling the market growth during the forecast period. 

Insulin sensitizers are a pathological condition where the target cells in the liver, skeletal muscle, and adipose tissue fail to respond to insulin adequately, impairing their ability to absorb and metabolize glucose effectively.

Competitive Landscape

Some Of The The Insulin Sensitizers Market Key Players Are:

  • Eli Lilly and Company
  • Novo Nordisk
  • Sanofi
  • Merck & Co.
  • Bristol Myers Squibb
  • AstraZeneca
  • Boehringer Ingelheim
  • Johnson & Johnson
  • Takeda Pharmaceutical

Market Segmentation:

The insulin sensitizers market is segmented on the basis of the type of insulin sensitizers, indication, and distribution channel. Based on the type of insulin sensitizers, the market is segmented as thiazolidinediones (TZDs), biguanides, incretin-based indication, and others. By indication, the market is segmented into type 2 diabetes, prediabetes, and polycystic ovary syndrome (PCOS). On the basis of distribution channels includes hospital pharmacies, retail pharmacies, and online pharmacies.

Based On The Type Of Insulin Sensitizers, The Thiazolidinediones (Tzds) Segment Is Accounted As A Major Contributor In The Insulin Sensitizers Market

The thiazolidinediones (TZDs) category is expected to hold a major share of the global insulin sensitizers market in 2022. This is attributed to Thiazolidinediones (TZDs) helping to lower blood sugar by improving muscle, fat, and liver sensitivity to insulin. TZDs are referred to as "insulin sensitizers" and "euglycemics," which are medications that help bring blood sugar levels back into the normal range without increasing the danger of low blood sugar.

The Type 2 Diabetes Segment Witnessed Growth At A Rapid Rate

The type 2 diabetes category is projected to develop at a fast rate in the global insulin sensitizers market. Type 2 diabetes mellitus is a disorder that is becoming more common and is linked to numerous metabolic abnormalities. The most noticeable characteristic of type 2 diabetes and the related metabolic problems is insulin resistance. Insulin sensitizers have numerous positive effects on lipid metabolism and atherosclerotic vascular processes, in addition to their therapeutic effects on glycemic management, which is expected to drive market development during the forecast period.

In The Region, The North America Insulin Sensitizers Market Holds A Significant Revenue Share

The North America insulin sensitizers market is expected to show the highest market share in terms of revenue in the near future. Increasing clinical trials on insulin sensitizers in the region are anticipated to push the market growth. Furthermore, rising research and development for various insulin sensitizers boosts the market growth. Major Market players are focusing on competition in the market, which is one of the factors propelling the market development during the forecast period.

Insulin Sensitizers Market Report Scope:

Report Attribute Specifications
Market size value in 2022 USD 14.27 Bn
Revenue forecast in 2031 USD 23.35 Bn
Growth rate CAGR CAGR of 5.8 % from 2023 to 2031
Quantitative units Representation of revenue in US$ Bn and CAGR from 2023 to 2031
Historic Year 2019 to 2022
Forecast Year 2023-2031
Report coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments covered By Type Of Insulin Sensitizers, Indication, And Distribution Channel
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South Korea; South East Asia
Competitive Landscape Eli Lilly and Company, Novo Nordisk, Sanofi, Merck & Co., Bristol Myers Squibb, AstraZeneca, Boehringer Ingelheim, Johnson & Johnson, Takeda Pharmaceutical.
Customization scope Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing and available payment methods Explore pricing alternatives that are customized to your particular study requirements.

Segmentation of Insulin Sensitizers Market-

Insulin Sensitizers Market By Type of Insulin Sensitizers-

  • Thiazolidinediones (Tzds)
  • Biguanides
  • Incretin-Based Indication
  • Others

Insulin Sensitizers Market

Insulin Sensitizers Market By Indication-

  • Type 2 Diabetes
  • Prediabetes
  • Polycystic Ovary Syndrome (PCOS)

Insulin Sensitizers Market By Distribution channel-

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Insulin Sensitizers Market By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

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Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

The Global Insulin Sensitizers Market Size is valued at USD 14.27 billion in 2022 and is predicted to reach USD 23.35 billion by the year 2031.

The Global Insulin Sensitizers Market is expected to grow at a 5.8% CAGR during the forecast period for 2023-2031.

Eli Lilly and Company, Novo Nordisk, Sanofi, Merck & Co., Bristol Myers Squibb, AstraZeneca, Boehringer Ingelheim, Johnson & Johnson, Takeda Pharmaceu

Type Of Insulin Sensitizers, Indication, And Distribution Channel are the key segments of the Insulin Sensitizers Market.

North American region is leading the Insulin Sensitizers Market?
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