How Is the Trulicity market Expected to Grow And What Are the Key Growth Drivers?
The trulicity market has shown strong growth in recent years, growing from $7,320 million in 2024 to $7,980 million in 2025 at a compound annual growth rate (CAGR) of 9%. The growth can be attributed to factors such as rising prevalence of obesity, growing diabetic population, expanding pharmaceutical industry, unhealthy habits, proven potential of therapies, and escalating healthcare expenditure.
The trulicity market is further expected to see robust growth in the coming years, ballooning to $11,180 million in 2029 at a CAGR of 8.8%. This projected growth can be attributed to rising adoption of digital health technologies, increase in health awareness among people, educational and awareness programs, increased demand for innovative therapies, and better access to healthcare activities.
The key driver for the trulicity market in the forecast period is the increasing diabetes population. Diabetes, a chronic disease characterized by high blood sugar levels due to the inability to efficiently produce or use insulin, can lead to serious complications if not managed well. Hence, the rising population of diabetes patients creates a higher demand for effective treatments like trulicity, which helps manage blood sugar levels.
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What Are The Major Segments in the Trulicity Market?
The trulicity market covered in this report is segmented:
1) By Type: Prefilled Syringe Package; Vial Package
2) By Application: Type 2 Diabetes Management; Glycemic Control; Weight Management; Cardiovascular Risk Reduction
3) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
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Which Companies Are Dominating the Trulicity Market?
Major companies operating in the trulicity market include Eli Lilly And Company, Novo Nordisk.
What Are The Major Market Trends And How Are They Shaping The Trulicity Market?
The key trend in the trulicity market is the focus on developing innovative Trulicity (dulaglutide) drug to reduce the risk of major adverse cardiovascular events. Also, strategic investments in the Trulicity market to meet the growing demand are gaining traction.
What Does The Regional Analysis of The Trulicity Market Indicate?
North America was the most dominant region in the trulicity market in 2024. The covered regions in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Trulicity Global Market Report 2025 Report 2025 Offer?
Trulicity, a GLP-1 (glucagon-like peptide-1) receptor agonist, is a prescription medication used to control blood sugar levels in type 2 diabetes patients. It can be administered as a once-weekly injection, and it may also help with weight loss and reducing the risk of cardiovascular events. The Trulicity Global Market Report 2025 research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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