Thailand Glp-1 Receptor Agonist Market Size & Outlook
Thailand glp-1 receptor agonist market, 2018-2030 (US$M)
Related Markets
Thailand glp-1 receptor agonist market highlights
- The Thailand glp-1 receptor agonist market generated a revenue of USD 95.4 million in 2023 and is expected to reach USD 367.8 million by 2030.
- The Thailand market is expected to grow at a CAGR of 21.3% from 2024 to 2030.
- In terms of segment, trulicity was the largest revenue generating product in 2023.
- Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
Glp-1 receptor agonist market data book summary
| Market revenue in 2023 | USD 95.4 million |
| Market revenue in 2030 | USD 367.8 million |
| Growth rate | 21.3% (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 |
Other key industry trends
- In terms of revenue, Thailand accounted for 0.3% of the global glp-1 receptor agonist market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China glp-1 receptor agonist market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 578.9 million by 2030.
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GLP-1 Receptor Agonist Market Scope
GLP-1 Receptor Agonist Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand glp-1 receptor agonist market outlook
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 40.04% in 2023. Horizon Databook has segmented the Thailand 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.
In Thailand, the GLP-1 receptor agonist market is primarily saturated with foreign players and their subsidiaries. The rising prevalence of diabetes in Thailand has propelled the need for medications intended for the condition.
Moreover, patients in Thailand are progressively seeking medications that demonstrate efficacy, affordability, and limited adverse effects. Consequently, there has been a shift toward contemporary and inventive medications that enable enhanced regulation of blood sugar levels and result in fewer unfavorable outcomes.
There is an increasing adoption of GLP-1 receptor agonists to deal with the growing need for antidiabetic drugs. These medications have demonstrated substantial efficacy in managing blood glucose levels while exhibiting fewer adverse effects compared to other antidiabetic drugs.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand glp-1 receptor agonist market , including forecasts for subscribers. This country databook contains high-level insights into Thailand glp-1 receptor agonist market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand glp-1 receptor agonist market size, by product, 2018-2030 (US$M)
Thailand GLP-1 Receptor Agonist Market Outlook Share, 2023 & 2030 (US$M)
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