South Korea Sglt2 Inhibitors Market Size & Outlook
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South Korea sglt2 inhibitors market highlights
- The South Korea sglt2 inhibitors market generated a revenue of USD 207.9 million in 2024 and is expected to reach USD 399.0 million by 2033.
- The South Korea market is expected to grow at a CAGR of 7.5% from 2025 to 2033.
- In terms of segment, jardiance (empagliflozin) was the largest revenue generating drug in 2024.
- Other Drug is the most lucrative drug segment registering the fastest growth during the forecast period.
Sglt2 inhibitors market data book summary
| Market revenue in 2024 | USD 207.9 million |
| Market revenue in 2033 | USD 399.0 million |
| Growth rate | 7.5% (CAGR from 2025 to 2033) |
| Largest segment | Jardiance (empagliflozin) |
| Fastest growing segment | Other Drug |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Jardiance (Empagliflozin), Farxiga (Dapagliflozin), Invokana (Danagliflozin), Inpefa (Sotagliflozin), Qtern (Dapagliflozin/Saxagliptin), Other Drug |
| Key market players worldwide | Boehringer Ingelheim International GmbH, AstraZeneca PLC, Merck & Co., Inc., Johnson & Johnson Services, Inc., TheracosBio, Lexicon Pharmaceuticals, Eli Lilly and Company, Bristol-Myers Squibb Company, Glenmark Pharmaceuticals Ltd. |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.2% of the global sglt2 inhibitors market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, Japan sglt2 inhibitors market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 663.9 million by 2033.
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SGLT2 Inhibitors Market Scope
SGLT2 Inhibitors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TheracosBio | View profile | 1-10 | Framingham, Massachusetts, United States, North America | http://www.theracosbio.com |
| Lexicon Pharmaceuticals | View profile | 101-250 | The Woodlands, Texas, United States, North America | http://www.lexpharma.com |
| Glenmark Pharmaceuticals Ltd. | View profile | - | - | - |
| Boehringer Ingelheim International GmbH | View profile | - | - | - |
| Eli Lilly and Company | View profile | - | - | - |
| Merck & Co., Inc. | View profile | - | - | - |
| Johnson & Johnson Services, Inc. | View profile | - | - | - |
| Bristol-Myers Squibb Company | View profile | - | - | - |
| AstraZeneca PLC | View profile | 89900 | 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AA | https://www.astrazeneca.com |
South Korea sglt2 inhibitors 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 sglt2 inhibitors market will help companies and investors design strategic landscapes.
Jardiance (empagliflozin) was the largest segment with a revenue share of 61.76% in 2024. Horizon Databook has segmented the South Korea sglt2 inhibitors market based on jardiance (empagliflozin), farxiga (dapagliflozin), invokana (danagliflozin), inpefa (sotagliflozin), qtern (dapagliflozin/saxagliptin), other drug covering the revenue growth of each sub-segment from 2021 to 2033.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea sglt2 inhibitors market , including forecasts for subscribers. This country databook contains high-level insights into South Korea sglt2 inhibitors market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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South Korea sglt2 inhibitors market size, by drug, 2021-2033 (US$M)
South Korea SGLT2 Inhibitors Market Outlook Share, 2024 & 2033 (US$M)
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