The global glycosylated hemoglobin and C-peptide market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Glycosylated Hemoglobin and C-Peptide is also known as glycosylated hemoglobin blood test. It is used to measure blood glucose levels over the past 3 months. Additionally, glycosylated hemoglobin refers to a hemoglobin molecule that is bound to glucose. Further, C-peptide connects two chains of the insulin molecule. The major factor driving the demand for the global glycosylated hemoglobin and C-peptide market during the forecast period is the increasing prevalence of diabetes across the globe.
According to the International Diabetes Federation (IDF), in 2021, approximately 537 million adults aged 20-79 years has diabetes globally with 3 in 4 adults with diabetes living in low- and middle-income countries with a mortality rate of 6.7 million people globally. Additionally, the total number of people living with diabetes is anticipated to rise to 643 million by 2030 and 783 million by 2045. Moreover, almost 1 in 2 (240 million) adults living with diabetes are undiagnosed. Hence, the increasing prevalence of diabetes is increasing the demand for glycosylated hemoglobin and C-peptide to test the measures your insulin levels which in turn is driving the growth of the market.
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Some major players in the market include Pfizer Inc., Sanofi S.A., and Novartis International AG, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in September 2021, LeaderMed Health Group Ltd. announced a joint venture with OPKO Health, Inc. The joint venture was aimed to develop, manufacture and commercialize two of OPKO’s clinical stage, long-acting drug products including OPK88003 and Factor VIIa-CTP in Greater China and eight other Asian territories.
Market Coverage
The market number available for – 2020-2027
Base year- 2020
Forecast period- 2021-2027
Segment Covered-
- By Type
- By Applications
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Pfizer Inc., Sanofi S.A., and Novartis International AG, among others.
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Global Glycosylated Hemoglobin And C-Peptide Market Report by Segment
By Type
- Capsule
- Tablet
- Others
By Application
- Oncology
- Diabetes
- Blood Disorder
- Others
Global Glycosylated Hemoglobin And C-Peptide Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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