SEMAGLUTIDE MARKET ANALYSIS

Regional Analysis

Global Semaglutide Market – Regional Insights

North America accounted for the largest market share in 2018, owing to launches and approvals of new semaglutide products in the region. For instance, in February 2018, Novo Nordisk, launched a semaglutide injection, Ozempic, to control type 2 diabetes in adults. Ozempic coupled with proper diet and exercise is helpful in regulating the blood sugar level in type 2 diabetic patients. According to the blood glucose level in the body, Ozempic stimulates the insulin secretion and lowers the glucagon secretion, in order to regulate the glucose levels in the blood. Similarly, in September 2019, Novo Nordisk received the approval from the U.S. Food and Drug Administration (FDA) for Rybelsus tablets, which are semaglutide tablets for controlling type 2 diabetes in adults. Rybelsus controls the blood sugar level in type 2 diabetic patients by slowing down the digestion process. The slow rate of digestion reduces the amount of sugar produced by the liver and also helps the pancreas in producing more insulin when required.