PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1780872
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1780872
Global Glucagon Market to Reach US$547.2 Million by 2030
The global market for Glucagon estimated at US$434.2 Million in the year 2024, is expected to reach US$547.2 Million by 2030, growing at a CAGR of 3.9% over the analysis period 2024-2030. Injectable Glucagon, one of the segments analyzed in the report, is expected to record a 3.3% CAGR and reach US$353.9 Million by the end of the analysis period. Growth in the Inhalation Glucagon segment is estimated at 5.2% CAGR over the analysis period.
The U.S. Market is Estimated at US$118.3 Million While China is Forecast to Grow at 7.1% CAGR
The Glucagon market in the U.S. is estimated at US$118.3 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$110.2 Million by the year 2030 trailing a CAGR of 7.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.6% and 3.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.
Global Glucagon Market - Key Trends & Drivers Summarized
Why Is Glucagon a Critical Hormone in Metabolic and Emergency Medicine?
Glucagon, a peptide hormone produced by the pancreas, plays a vital role in glucose metabolism by stimulating the liver to release stored glucose, thereby increasing blood sugar levels. Traditionally known for its role in managing severe hypoglycemia in diabetic patients, glucagon has expanded its clinical applications beyond diabetes treatment. It is now being used in diagnostic imaging, gastrointestinal procedures, and even as a potential therapy for obesity and metabolic disorders. The growing prevalence of diabetes and the need for fast-acting, reliable treatments for hypoglycemic episodes have significantly boosted demand for glucagon-based therapies.
Recent advancements in glucagon formulations, including auto-injectors, nasal sprays, and long-acting analogs, have improved patient accessibility and ease of administration. These innovations have enhanced emergency hypoglycemia management, particularly for individuals who struggle with injectable treatments. Additionally, pharmaceutical companies are exploring novel applications for glucagon in metabolic disease modulation, including appetite regulation and energy balance, further expanding its therapeutic potential. As research continues to uncover new uses for glucagon, its role in modern medicine is becoming increasingly indispensable.
Which Medical Applications Are Driving Demand for Glucagon?
The primary use of glucagon remains in emergency medicine for the treatment of severe hypoglycemia in patients with type 1 and type 2 diabetes. Traditional glucagon injections and newer intranasal formulations are widely used by caregivers and healthcare providers to rapidly restore blood glucose levels in unconscious or severely hypoglycemic patients. However, recent advancements have expanded glucagon’s use into new therapeutic areas, including diagnostic imaging and gastrointestinal (GI) procedures.
In diagnostic imaging, glucagon is used as a smooth muscle relaxant to improve the visualization of the gastrointestinal tract during radiological procedures such as MRI and CT scans. Its ability to temporarily reduce peristalsis makes it valuable for obtaining high-quality images of the stomach and intestines. Additionally, ongoing research is investigating glucagon’s potential in obesity management, as it has been shown to suppress appetite and increase energy expenditure. With expanding applications in metabolic disease treatment and medical imaging, the demand for glucagon continues to rise across multiple healthcare sectors.
What Are the Latest Technological Innovations in Glucagon Drug Development?
Recent innovations in glucagon drug development have focused on improving formulation stability, ease of administration, and therapeutic efficacy. One of the most significant advancements is the introduction of ready-to-use auto-injectors and nasal spray formulations, which eliminate the need for reconstitution and improve emergency response times. These user-friendly delivery systems have increased glucagon adoption, particularly in home settings where rapid intervention is necessary.
Additionally, pharmaceutical companies are developing long-acting glucagon analogs designed for continuous glucose modulation in metabolic disorders. AI-driven drug discovery and peptide engineering techniques have enabled the optimization of glucagon analogs with improved pharmacokinetics, making them more suitable for long-term treatment applications. Furthermore, research into dual and triple hormone therapies combining glucagon with GLP-1 receptor agonists is gaining traction for treating obesity and type 2 diabetes. These advancements are positioning glucagon as a multi-functional hormone with significant therapeutic potential beyond emergency hypoglycemia management.
What Factors Are Fueling the Growth of the Glucagon Market?
The growth in the glucagon market is driven by several factors, including the rising incidence of diabetes, increasing awareness of hypoglycemia management, and expanding therapeutic applications. The growing diabetic population worldwide has heightened the demand for emergency glucagon treatments, particularly in home-use settings where caregivers require user-friendly solutions. The introduction of nasal and auto-injector formulations has further boosted adoption rates by improving ease of use.
Additionally, the expansion of glucagon’s role in diagnostic imaging and metabolic disease treatment has created new market opportunities. Regulatory approvals for novel formulations and combination therapies are further accelerating industry growth. Pharmaceutical companies investing in peptide engineering and next-generation glucagon analogs are driving innovation, positioning glucagon as a key player in future metabolic therapies. As demand for effective, versatile hormone-based treatments continues to rise, the glucagon market is expected to experience strong and sustained growth.
SCOPE OF STUDY:
The report analyzes the Glucagon market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Product (Injectable Glucagon, Inhalation Glucagon); Application (Hypoglycemia Application, Diagnostic Aid Application, Gastrointestinal Disorders Application, Cardiogenic Shock Application, Other Applications); Distribution Channel (Hospital Pharmacies Distribution Channel, Retail Pharmacies Distribution Channel, Online Pharmacies Distribution Channel)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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