Asia Pacific Type 2 Diabetes Mellitus Treatment Market Size & Outlook

The type 2 diabetes mellitus treatment market in Asia Pacific is expected to reach a projected revenue of US$ 22,706.7 million by 2030. A compound annual growth rate of 7.6% is expected of Asia Pacific type 2 diabetes mellitus treatment market from 2024 to 2030.
Revenue, 2023 (US$M)
$13,581.1
Forecast, 2030 (US$M)
$22,706.7
CAGR, 2024 - 2030
7.6%
Report Coverage
Asia Pacific

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Asia Pacific type 2 diabetes mellitus treatment market, 2018-2030 (US$M)

Asia Pacific type 2 diabetes mellitus treatment market, 2018-2030 (US$M)

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Asia Pacific type 2 diabetes mellitus treatment market highlights

  • The Asia Pacific type 2 diabetes mellitus treatment market generated a revenue of USD 13,581.1 million in 2023.
  • The market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
  • In terms of segment, insulin was the largest revenue generating drug class in 2023.
  • Insulin is the most lucrative drug class segment registering the fastest growth during the forecast period.

Asia Pacific data book summary

Market revenue in 2023USD 13,581.1 million
Market revenue in 2030USD 22,706.7 million
Growth rate7.6% (CAGR from 2024 to 2030)
Largest segmentInsulin
Fastest growing segmentInsulin
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInsulin
Key market players worldwideAstraZeneca PLC, Boehringer Ingelheim, Daiichi Sankyo Co Ltd, Eli Lilly and Co, Merck & Co Inc, Novartis AG ADR, Novo Nordisk A/S ADR, Sanofi SA, Takeda Pharmaceutical Co Ltd

Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 23.6% of the global type 2 diabetes mellitus treatment market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 22,706.7 million by 2030.

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Type 2 diabetes mellitus treatment market Companies

Name Profile # Employees HQ Website
Daiichi Sankyo Co Ltd View profile 17435 3-5-1, Nihonbashi-honcho, Chuo-ku, Tokyo, Japan, 103-8426 https://www.daiichisankyo.com
Takeda Pharmaceutical Co Ltd View profile 49095 1-1, Nihonbashi-Honcho 2-Chome, Chuo-ku, Tokyo, Japan, 103-8668 https://www.takeda.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
Boehringer Ingelheim View profile 10001+ Ingelheim Am Rhein, Rheinland-Pfalz, Germany, Europe https://www.boehringer-ingelheim.com/
Merck & Co Inc View profile 72000 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 https://www.merck.com
Sanofi SA View profile 87994 46, avenue de la Grande Armée, Paris, France, 75017 https://www.sanofi.com
Novartis AG ADR View profile 76057 Lichtstrasse 35, Basel, Switzerland, 4056 https://www.novartis.com

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