Type 2 Diabetes
Market Overview
The global Type 2 Diabetes (T2D) market size was approximately US $37.15 billion in 2024 and is projected to reach about US $76.39 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.47% from 2025 to 2034. This market growth is driven by the rising prevalence of Type 2 Diabetes, technological advancements, and increasing investment in research and development (R&D).
Summary
Introduction to T2D
Disease Characteristics: Type 2 Diabetes (T2D) is primarily characterized by hyperglycemia (high blood glucose).
Pathological Mechanism: Elevated blood sugar results from the body's poor response to insulin (insulin resistance), insufficient insulin secretion, or both occurring simultaneously.
Preventability: It is potentially preventable and closely linked to lifestyle factors.
Risk Factors: Lack of physical activity, poor diet, obesity, smoking, as well as genetics and family history.
Epidemiology: It is much more common than Type 1 Diabetes, predominantly occurring in adults, but cases in children and young people are also increasing.
Product Development Progress
