According to the report Commercial Insight: Antidiabetics in India fueled by the anticipated launch of new therapies, the Indian diabetes market, sized at $440m in 2009, will double in size by 2019. The market will see a significant shift in brand use: despite a slow start incretin mimetic therapies will come to play an important role in the non-insulin market segment.
The antidiabetic market in India is expected to grow from $441m in 2009 to $806m in 2019, demonstrating a compound annual growth rate (CAGR) of 6.2%. Although strongest growth is expected in the non-insulin market, with a 2009?19 CAGR of 7% and sales of $626m in 2019, the insulin market will generate revenues of $179m in 2019
Growth in the Indian diabetes market will be tempered by insulin analog biosimilars and the early launch of generics for patent-protected novel antidiabetics
DPP-IV inhibitors Januvia, vildagliptin, Onglyza and later class entrants, boast considerable advantages in terms of safety and tolerability, while the GLP-1 agonist class has good efficacy. However, due to a lack of reimbursement options and the high price of these incretin mimetic drugs, uptake will be limited by patient affordability
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Source: http://www.mycompanypr.com/india-diabetes-market-to-hit-806m-in-2019-says-new-report/pr/7198/
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