Market revenue in 2023 | USD 360.6 million |
Market revenue in 2030 | USD 1,238.3 million |
Growth rate | 19.3% (CAGR from 2023 to 2030) |
Largest segment | Trulicity |
Fastest growing segment | Other Products |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Ozempic (semaglutide), Trulicity, Mounjaro (tirzepatide), Rybelsus (oral semaglutide), Saxenda, Victoza (liraglutide), Other Products |
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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 glp-1 receptor agonist market will help companies and investors design strategic landscapes.
Trulicity was the largest segment with a revenue share of 32.61% in 2023. Horizon Databook has segmented the Japan glp-1 receptor agonist market based on ozempic (semaglutide), trulicity, mounjaro (tirzepatide), rybelsus (oral semaglutide), saxenda, victoza (liraglutide), other products covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is one of the most technologically advanced countries in the Asia Pacific. Its GLP-1 receptor agonist market is expected to grow rapidly over the forecast period due to high government spending to reduce the disease burden.
Multiple initiatives, such as government grants to various research institutes and companies, can help develop practical solutions for the high burden of various lifethreatening diseases in the country. Moreover, the rising focus of key players operating in the market on developing technologically advanced solutions to discover & develop novel therapeutics is further propelling market growth.
Moreover, various organic and inorganic initiatives by leading participants are driving the market in Japan. The local presence of manufacturers in the region, coupled with their continuous R&D efforts to introduce innovative solutions, is contributing to market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan glp-1 receptor agonist market , including forecasts for subscribers. This country databook contains high-level insights into Japan glp-1 receptor agonist market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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