Global Lixisenatide Market Overview:
Adlyxin (Lixisenatide) is an injectable drug that is prescribed to improve blood glucose control the adults suffering from type 2 diabetes when used with diet and exercise. Type 2 diabetes features compound pathophysiology characterized by deficient insulin activity rising from reduced insulin secretion secondary to cell failure, cooperated insulin action in peripheral target tissues (insulin resistance), or a mixture of those abnormalities. Adlyxin (Lixisenatide) is an activator of the receptor for glucagon-like peptide 1 (GLP-1). GLP-1 is an endogenous peptide of the incretin peptide family, with a multi-layered impact on glycaemic control. Type 2 diabetes affects quite 29 million people and accounts for quite 90 percent of diabetes cases diagnosed within the United States.
Growth Drivers
- Rising Number of Diabetic Patient
- Uptake of Novel Drugs Drive Sales
Market Trends
- Increasing Population Suffering from Diabetes
- Initiatives by Government over Diabetes Care Drugs
Roadblocks
- Adverse Effects Associated with Diabetes Care Drugs
Opportunities
- Growing Adoption of Diabetes Vaccines & Inhalable Insulin
- Rising International Research Collaboration for Diabetes Care Products and Treatment
Challenges
- Growing Competition and Consolidation of Retail Pharmacy Chains
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Zealand Pharma (Denmark) and Sanofi-Aventis (France). Considering Market by Manufacturing Type, the sub-segment i.e. In-house Manufacturing will boost the Lixisenatide market. Considering Market by End-Use, the sub-segment i.e. Hospital will boost the Lixisenatide market.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Lixisenatide market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Lixisenatide market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Pharmaceutical Company, Healthcare Industry, Regulatory Bodies, Potential Investors, Others and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.