Diabetic Ketoacidosis Treatment Market Analysis, Key Company Profiles, Types, Applications and Forecast

The global diabetic ketoacidosis treatment market size was valued at USD 1,500 million in 2021 and is projected to reach around USD 2,500 million in 2030 exhibiting a CAGR of 6.5% in the forecasted period.

Due to increased healthcare professionals’ understanding of how ketones build up during both type 1 and type 2 diabetes, favourable funding environments for drug development, and technological advancements in the management of diabetes ketoacidosis, the market is anticipated to grow faster than average during the forecast period. Because it results in ketoacidosis, hyperglycemia, and ketonuria, diabetic ketoacidosis is a major life-threatening complication of diabetes. In an effort to overcome the demand-supply imbalance in the market, both established and new market competitors are investing heavily in R&D to create effective pharmaceuticals. Other elements include the increasing incidence of type 1 diabetes globally, the accessibility of well-organized and cutting-edge medical therapies for diabetic ketoacidosis in underdeveloped nations, and the increasing incidence of type 1 diabetes.

Due to increased healthcare professionals’ understanding of how ketones build up during both type 1 and type 2 diabetes, favourable funding environments for drug development, and technological advancements in the management of diabetes ketoacidosis, the market is anticipated to grow faster than average during the forecast period. Because it results in ketoacidosis, hyperglycemia, and ketonuria, diabetic ketoacidosis is a major life-threatening complication of diabetes. In an effort to overcome the demand-supply imbalance in the market, both established and new market competitors are investing heavily in R&D to create effective pharmaceuticals. Other elements include the increasing incidence of type 1 diabetes globally, the accessibility of well-organized and cutting-edge medical therapies for diabetic ketoacidosis in underdeveloped nations, and the increasing incidence of type 1 diabetes.

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Key Companies Insights
The market for diabetic ketoacidosis treatment is moderately competitive. With the rising applications of diabetic ketoacidosis treatment, new players are considering to enter the market. The companies are also involved in events like joint ventures, partnerships, acquisitions, mergers, and collaborations. These activities aid in growing the effect of the players in the diabetic ketoacidosis treatment market, ultimately boosting the market growth. Some of the key companies working in the global diabetic ketoacidosis treatment market include:
• Novo Nordisk
• Sanofi S.A.
• Biocon
• Tonghua Dongbao Pharmaceutical Co., Ltd
• The Bristol-Myers Squibb Company
• GSK plc
• Merck & Co
• Pfizer Inc.
• Oramed Pharmaceuticals
• Eli Lilly and Company
• Other players
Some of the Recent Developments:
• In October 2021, Cipla and Eli Lilly and Company (India) broadcasted a strategic partnership in India. Eli Lilly will hand over its rights to promote, sell, and distribute Humalog and Trulicity in India to Cipla as part of the contract, subject to all regulatory approvals. The aim of this collaboration is to upsurge access to Lilly’s key diabetic medications in the nation.
• In July 2021, Eli Lily and Company declared the acquisition of Protomer Technologies Inc. This acquisition will benefit Eli Lily to focus on progressing glucose-responsive insulins.
• In August 2020, Eli Lilly and Company added two unbranded insulin products Humalog mix 75/25 kwikpen and Humalog Junior kwikpen in a cost-effective line to enhance the management of type 1 diabetes and its obstacles such than diabetic ketoacidosis at an inexpensive price.
Segments
By Treatment
• Fluid Replacement
• Electrolyte Replacement
• Insulin Therapy
• Intermediate-Acting Insulin
• Long-Acting Insulin

By Route of Administration
• Oral
• Parenteral
• Others
By Distribution Channel
• Online Channel
• Offline Channel
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt

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Treatment Insights:

The global market for treating diabetic ketoacidosis is segmented into long-acting insulin, intermediate-acting insulin, insulin therapy, fluid replacement, and electrolyte replacement based on the kind of treatment. During the projected period, it is anticipated that the insulin therapy segment will have significant revenue growth. It is predicted that factors including the rising prevalence of diabetes and diabetic ketoacidosis around the world, the high preference for insulin therapy due to its affordability and high efficacy, and the quick development of insulin therapy will drive the segment’s revenue growth.

The primary treatment for DKA includes prompt administration of insulin and resuscitation of intravenous fluid upon admission to hospitals. According to InsuLenz, Inc., the average cost of USD 17,000 spent on every hospitalization of DKA patients highlights the need for better treatment options than those that are available now. Therefore, many research laboratories and market players are focusing primarily on the development of effective long-acting insulin. For instance, research scientists from the University of California, San Francisco, have developed insulin-producing cells using stem cells.