Diabetes and prediabetes are some of the most significant rising health issues across the world. According to a report by the World Health Organization, there are approximately 422 million people worldwide who have diabetes. There are various pharmaceutical companies across the globe that are working toward offering diabetes drugs to manage the condition and its complications effectively.
According to research by Extrapolate, the global diabetes drugs market revenue is anticipated to grow to USD108.19 billion by 2030, expanding at a CAGR (compound annual growth rate) of around 7.22% over 2020-2030.
In this blog, we will explore the top 10 diabetes drug manufacturers across the world.
Top 10 Diabetes Drugs Manufacturers
Following is a list of the top 10 pharmaceutical companies that offer various drugs to control and manage diabetic conditions
1. Novo Nordisk As
Novo Nordisk AS is a pioneer healthcare company with expertise in diabetes care The company produces and sells multiple diabetes drugs with an emphasis on both insulin and noninsulin treatments NovoLog Levemir Tresiba Fiasp and Novolin R N and 70 or 30 are a few of the diabetes drugs the company sells under its insulin product portfolio
The company also offers various glucagonlike peptide 1 GLP 1 receptor agonists including Ozempic Rybelsus and Victoza These medicines are usually used for type 2 diabetes T2D Xultophy is a combination therapy longlasting insulin and GLP 1 receptor agonist offered by Novo Nordisk AS for effective blood sugar control Prandin is another diabetes medication that assists the pancreas produce insulin in response to the meal
2. Sanofi
Sanofi frontrunner in the healthcare industry provides an extensive range of diabetes drugs to manage the health condition efficiently Lantus is an insulin glargine injection which is a longacting insulin prescribed to improve blood sugar control in adults and children suffering from diabetes mellitus The drug helps maintain a steady level of insulin in the body for 24 hours Toujeo is another diabetes medicine offered by Sanofi to control blood glucose levels Patients can take this medicine once daily to control their blood glucose levels Apidra and Admelog are rapidacting insulins offered by Sanofi to control the sugar spikes that happen after meals Sanofi provides advanced diabetes medicines with educational programs and services to help patients to manage their condition efficiently
3. Merck Co Inc
Merck Co Inc the pharmaceutical giant manufactures multiple diabetes drugs The company produces various medicines that are used for treating type 2 diabetes JANUVIAsitagliptin is a dipeptidy peptidase 4 DPP 4 inhibitor leveraged as a supplement to diet and exercise to enhance glycemic control in adults with type 2 diabetes This medicine is not suggested for patients with type 1 diabetes or diabetic ketoacidosis
Merck Co Inc in collaboration with Pfizer has developed STEGLATRO ertugliflozin which is a Sodiumglucose Cotransporter2 SGLT2 inhibitor used to control blood glucose levels The diabetes drugs offered by Merck put emphasis on oral treatments for type 2 diabetes The company has made various strategic business alliances and conducted extensive clinical trials to address various factors of diabetes
4. Eli Lilly and Company
Eli Lilly and Company is a key player that produces and supplies various diabetes drugs The company primarily focuses on treating type 2 diabetes Its drug Jardiance empagliflozin is prescribed to lower blood sugar levels in adults with T2D and minimize the risks of cardiovascular death
Trulicity dulaglutide is another onceaweek injectable diabetes drug offered by Eli Lilly and Company to improve blood sugar control These medicines are an integral part of Eli Lillys diabetes drugs portfolio providing a wide range of options for various treatment needs and patient populations
5. AstraZeneca
AstraZeneca provided multiple key diabetes drugs to manage T2D The company offers comprehensive treatment regimens to manage T2D conditions like controlling blood sugar and managing cardiovascular risks effectively Farxiga dapagliflozin is an SGLT2 inhibitor used to assist kidneys in extracting the bloodstreams glucose through urine
The company offers Xigduo XR which is a combination of dapagliflozin and metformin hydrochloride used to improve glycemic control as a supplement to diet and exercise Bydureon exenatide extendedrelease is an injectable GLP1 receptor agonist that can be injected once a week to improve blood sugar levels in patients suffering from T2D
6. Takeda Pharmaceuticals Company Limited
Takeda Pharmaceuticals Company Limited is a wellestablished pharmaceutical company It manufactures and sells multiple diabetes drugs focused on type 2 diabetes treatments Nesina Alogliptin is a DPP 4 inhibitor used to increase insulin secretion and reduce sugar production by the liver
Kazano is an antidiabetic combination that combines the effects of alogliptin with metformin to reduce the intestines glucose absorption and the livers sugar production and increase the bodys insulin sensitivity The diabetes drug offered by Takeda assists in effectively controlling blood sugar control Takedas strategic offerings in the diabetes therapeutic area have specific indications usages and might have potential side effects that need medical supervision
7. Boehringer Ingelheim International GmbH
Boehringer Ingelheim International GmbH has an extensive range of diabetes drugs portfolio Jardiance Empagliflozin is a medicine offered by the company which is prescribed to lower blood sugar levels along with a diet and exercise The company also manufactures Glyxambi a combination of Empagliflozin and Linagliptin It is prescribed to improve glycemic control by increasing glucose excretion via urine and improving the incretin system
The medications offered by Boehringer Ingelheim International GmbH help significantly manage diabetes and other cardiovascular risks related to it The company is popular for its comprehensive cardio renalmetabolic care
8. Novartis AG
Novartis AG is a wellknown pharmaceutical company that provides multiple key diabetes medications with a focus on treating type 2 diabetes Galvus Vildagliptin is a DPP 4 inhibitor prescribed to manage blood sugar levels This medicine has shown longterm advantages when used with combination therapies in the early stages of the treatment regimen
Galvusmet is a combination diabetes drug that mixes Vildagliptin and Metformin to improve insulin secretion and reduce glucose production in the liver Novartis AG manufactures Jalra and Jalra M which are marketed and sold under various brand names in multiple countries The medications offered by the company are a part of the broader portfolio of Novartis diabetes care It aims to address the increasing problem of diabetes through innovative treatments that offer constant and efficient blood sugar management
9. Johnson Johnson Services Inc
Johnson Johnson through its pharmaceutical subsidiary Janssen Pharmaceuticals provides an extensive range of diabetes drugs Invokana Canagliflozin is an SGLT2 inhibitor that reduces blood sugar levels by allowing the kidney to extract sugar from the body through urine
Invokamet or Invokamet XR is a combination of Canagliflozin and Metformin It is prescribed to improve glycemic control Johnson Johnson actively participates in various initiatives to support diabetes management programs worldwide The company donates a substantial amount of diabetes care supplies like test strips to children in developing countries through various partnerships and charitable programs
10. Bayers AG
Bayer AG is a pioneer pharmaceutical company that produces and supplies various diabetesrelated drugs The company has an emphasis on managing diabetesrelated complications The company invests a significant amount of funds in research and development of diabetes drug treatments to manage the complications associated with the disease
It also has various offerings that improve the results for patients with chronic kidney disease and cardiovascular risks related to T2D Kerendia Finerenone is a leading medicine offered by Bayer to manage diabetesrelated complications Bayer also offers blood glucose monitoring systems to manage diabetes and its complications effectively
Top 10 Diabetic Drugs in a Nutshell
There are various medications available in the market to treat type 1 and type 2 diabetes Each medication has a different mechanism to assist with controlling blood sugar It is crucial to consult with the doctor to determine which medication suits your diabetes and other risks associated with it This guide to the top 10 diabetes drug manufacturers will help to understand the key players in the market that produce and sell medicines to treat diabetes.
