Canagliflozin Drug Market 2022 Size, Growth Analysis Report, Forecast to 2028

 

The canagliflozin drug market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Canagliflozin drug is prescribed in the treatment of type 2 diabetes. It lowers the blood sugar level in the body. A high concentration of blood sugar in the body is seen in type 2 diabetes. In this condition, the body lacks the production of insulin or functions it smoothly. Canagliflozin drug comes under a class of medication known as sodium-glucose cotransporter 2. This drug works on the kidneys to lower the sugar content which passes through urine. Type 2 diabetes is a chronic condition in which sugar circulation is increased in the bloodstream. High sugar content in the body leads to further ailments such as nervous and immune system disorders. Around 537 million adults were suffering from any type of diabetes globally in the year 2021.

Canagliflozin drug is also prescribed for cardiovascular disease. These are disorders of the heart and bloodstream. Various conditions under cardiovascular disease are – coronary artery disease, cerebrovascular disease, peripheral arterial disease, and rheumatic heart disease. Coronary artery disease is a condition in which cholesterol deposits in the walls of the artery. These arteries supply blood to the heart from the body. Blocking of this artery causes the heart to pump more to pass the blood which puts a strain on the heart. Cerebrovascular disease is a condition in which smooth blood to the brain is hampered.  

Canagliflozin Drug Market Segmentation:

By Disease

• Type 2 Diabetes
• Cardiovascular Disease
• End-Stage Renal Disease

By End-User

• Hospital
• Clinic
• Others

Competitive Landscape- Janssen Global Services, LLC, Dr. Reddy’s Laboratories Ltd., Mitsubishi Tanabe Pharma Corp.

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key questions answered in this report:

• What is the size of the Canagliflozin Drug market and what is its expected growth rate?
• What are the primary driving factors that push the Canagliflozin Drug Market forward?
• What are the Canagliflozin Drug Industry’s top companies?
• What are the different categories that the Canagliflozin Drug Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Canagliflozin Drug Market sample report and company profiles?