report-image

Diabetic Ketoacidosis Treatment Market Analysis By Treatment (Fluid Replacement, Electrolyte Replacement, Insulin Therapy, Intermediate-Acting Insulin, Long-Acting Insulin), By Route of Administration (Oral, Parenteral, Others), By Distribution Channel (Online Channel, Offline Channel) & Forecast

  • PUBLISHED ON
  • NO OF PAGES
  • 276
  • CATEGORY
  • Healthcare & Life Sciences
The global diabetic ketoacidosis treatment market size was valued at USD 1,500 million in 2021 and is projected to reach around USD 2,500 million in 2030 exhibiting a CAGR of 6.5% in the forecasted period. The technological developments in diabetic ketoacidosis treatment, substantial prevalence of target diseases is projected to boost the global diabetic ketoacidosis treatment market growth. The factors such as important side effects of the prevailing diabetic ketoacidosis drugs, shortage of skilled clinicians and inadequate facilities in less established or low income nations, and strict government regulations for drug development are anticipated to constrain the market growth during the forecasted period.
The occurrence of diabetes continued stable at 30 cases per 100,000 children every year during the forecasted period. Age- and gender-standardized rates of diabetic ketoacidosis augmented from 22% (95% confidence interval [CI] 17% -26%) in 2001 to 30% (95% CI 24% -36%) in 2014. The relative upsurge the incidence of diabetic ketoacidosis in the identification of diabetes during the study period was 2.0% each year. Growing awareness among healthcare specialists about ketones build up during type 1 diabetes as well as type 2 diabetes, and favourable funding scenario for drug development and technological advancements in diabetes ketoacidosis treatment is predicted to boost the growth of the market during the forecast period. Ketoacidosis, hyperglycaemia and ketonuria during diabetic ketoacidosis makes it a critical life threatening disorder of diabetes. Also, growing prevalence of type 1 diabetes around the globe, growing availability of well-organized and technically advanced diabetic ketoacidosis treatment in emerging nations, substantial R&D activities by the present and developing market players to make effective drugs in an attempt to fulfil the demand supply gap in the market.
The beginning of COVID-19 has impacted financial status of numerous industry verticals across the global. The private healthcare sector is among the sectors, which has been significantly obstructed by the global pandemic. Furthermore, the pandemic has impacted growth of several businesses owing to safety measures instigated by many governments globally. The epidemic has affected the economy in three main ways, such as by creating disturbances in supply channels, by directly distressing production and demand, and through its monetary impact on healthcare markets around the world. As a result, the pandemic is anticipated to obstruct the global diabetic ketoacidosis treatment market growth during the forecasted period.
Treatment Insights
Based on the treatment, the global diabetic ketoacidosis treatment market is bifurcated into fluid replacement, electrolyte replacement, insulin therapy, intermediate-acting insulin, and long-acting insulin. The insulin therapy segment is anticipated to register significant revenue growth during the forecasted period. Factors such as growing incidence of diabetes and diabetic ketoacidosis across the globe, high preference for insulin therapy owing to its cost-effectiveness and high efficacy, and rapid developments in insulin therapy are estimated to fuel revenue growth of the segment.
Region Insights
North America is anticipated to register largest revenue share owing to growing prevalence of diabetes and related complications such as diabetic ketoacidosis around the region, existence of well-developed healthcare structure and research amenities, and availability of cutting-edge treatment for diabetic ketoacidosis. Additionally, existence of prominent market players, high awareness of early diagnosis and treatment, and beneficial reimbursement situations are anticipated to drive revenue growth of the market in the region.
The diabetic ketoacidosis medication market in Asia Pacific is anticipated to register highest CAGR over the forecasted period. The augmented prevalence of type 1 diabetes and the extensive implementation of sedentary lifestyles are anticipated to boost revenue growth of the market. Other important factors that are estimated to endorse revenue growth are ageing population and augmented acceptance of fruitful methods by top companies situated in China and India. Additional factor that is estimated to drive revenue growth of the market in the region is increasing use of insulin therapy, which is supported by ongoing developments in the field of insulin delivery method.
Key Companies Insights
The market for diabetic ketoacidosis treatment is moderately competitive. With the rising applications of diabetic ketoacidosis treatment, new players are considering to enter the market. The companies are also involved in events like joint ventures, partnerships, acquisitions, mergers, and collaborations. These activities aid in growing the effect of the players in the diabetic ketoacidosis treatment market, ultimately boosting the market growth. Some of the key companies working in the global diabetic ketoacidosis treatment market include:
• Novo Nordisk
• Sanofi S.A.
• Biocon
• Tonghua Dongbao Pharmaceutical Co., Ltd
• The Bristol-Myers Squibb Company
• GSK plc
• Merck & Co
• Pfizer Inc.
• Oramed Pharmaceuticals
• Eli Lilly and Company
• Other players
Some of the Recent Developments:
• In October 2021, Cipla and Eli Lilly and Company (India) broadcasted a strategic partnership in India. Eli Lilly will hand over its rights to promote, sell, and distribute Humalog and Trulicity in India to Cipla as part of the contract, subject to all regulatory approvals. The aim of this collaboration is to upsurge access to Lilly's key diabetic medications in the nation.
• In July 2021, Eli Lily and Company declared the acquisition of Protomer Technologies Inc. This acquisition will benefit Eli Lily to focus on progressing glucose-responsive insulins.
• In August 2020, Eli Lilly and Company added two unbranded insulin products Humalog mix 75/25 kwikpen and Humalog Junior kwikpen in a cost-effective line to enhance the management of type 1 diabetes and its obstacles such than diabetic ketoacidosis at an inexpensive price.
Segments
By Treatment
• Fluid Replacement
• Electrolyte Replacement
• Insulin Therapy
• Intermediate-Acting Insulin
• Long-Acting Insulin

By Route of Administration
• Oral
• Parenteral
• Others
By Distribution Channel
• Online Channel
• Offline Channel
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $4250

Only Four Thousand Two Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $5250

Only Five Thousand Two Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $6250

Only Six Thousand Two Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI