Global Semaglutide Market Size & Outlook, 2024-2035

The global semaglutide market size was estimated at USD 28,429.9 million in 2024 and is projected to reach USD 93,598.8 million by 2035, growing at a CAGR of 10.5% from 2025 to 2035.
Revenue, 2024 (US$M)
$28,429.9
Forecast, 2035 (US$M)
$93,598.8
CAGR, 2025 - 2035
10.5%
Report Coverage
Worldwide

Global semaglutide market highlights

  • The global semaglutide market generated a revenue of USD 28,429.9 million in 2024 and is expected to reach USD 93,598.8 million by 2035.
  • The market is expected to grow at a CAGR (2025 - 2035) of 10.5% by 2035.
  • In terms of segment, ozempic (semaglutide) accounted for a revenue of USD 19,454.8 million in 2024.
  • Rybelsus (oral semaglutide) is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, Japan is expected to register the highest CAGR from 2025 to 2035.

Global data book summary

Market revenue in 2024USD 28,429.9 million
Market revenue in 2035USD 93,598.8 million
Growth rate10.5% (CAGR from 2025 to 2035)
Largest segmentOzempic (semaglutide)
Fastest growing segmentRybelsus (oral semaglutide)
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2035
Quantitative unitsRevenue in USD million
Market segmentationOzempic (semaglutide), Wegovy (semaglutide), Rybelsus (oral semaglutide)

Other key industry trends

  • In terms of revenue, the North America accounted for 74.3% of the global semaglutide market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2035.
  • By country, Japan is the fastest growing regional market and is projected to reach USD 1,890.7 million by 2035.

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Semaglutide Market Companies

Name Profile # Employees HQ Website
Lexicon Pharmaceuticals View profile 101-250 The Woodlands, Texas, United States, North America http://www.lexpharma.com
Viking Therapeutics Inc View profile 28 9920 Pacific Heights Boulevard, Suite 350, San Diego, CA, United States, 92121 https://www.vikingtherapeutics.com
Biocon View profile 10001+ Bangalore, Karnataka, India, Asia http://www.biocon.com
AstraZeneca PLC View profile 89900 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AA https://www.astrazeneca.com
Novo Nordisk A/S ADR View profile 66015 Novo Alle 1, Bagsvaerd, Denmark, 2880 https://www.novonordisk.com
Eli Lilly and Co View profile 43000 Lilly Corporate Center, Indianapolis, IN, United States, 46285 https://www.lilly.com

Global semaglutide market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to semaglutide market will help companies and investors design strategic landscapes.


Ozempic (semaglutide) was the largest segment with a revenue share of 68.43% in 2024. Horizon Databook has segmented the Global semaglutide market based on ozempic (semaglutide), wegovy (semaglutide), rybelsus (oral semaglutide) covering the revenue growth of each sub-segment from 2018 to 2035.


  • Global Semaglutide Product Outlook (Revenue, USD Million, 2018-2035)
    • Ozempic (semaglutide)
    • Wegovy (semaglutide)
    • Rybelsus (oral semaglutide)
    • Others
  • Global Semaglutide Application Outlook (Revenue, USD Million, 2018-2035)
    • Type 2 Diabetes Mellitus
    • Obesity
  • Global Semaglutide Route of Administration Outlook (Revenue, USD Million, 2018-2035)
    • Parenteral
    • Oral
  • Global Semaglutide Distribution Channel Outlook (Revenue, USD Million, 2018-2035)
    • Retail Pharmacies
    • Hospital Pharmacies
    • Online Pharmacies

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  • Our clientele includes a mix of semaglutide market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global semaglutide market , including forecasts for subscribers. This global databook contains high-level insights into Global semaglutide market from 2018 to 2035, including revenue numbers, major trends, and company profiles.

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Global semaglutide market size, by regions, 2018-2035 (US$M)

Top 10 countries: Semaglutide market size, 2024 (US$M)

Global semaglutide market share, by product, 2024 & 2035 (%, US$M)

Semaglutide market: Opportunity assessment by country

Global semaglutide market, by region, 2024 (US$M)

Global semaglutide market size, by regions, 2018-2035 (US$M)

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