Product Code: ETC8841865 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The market for GLP-1 receptor agonists in the Philippines is expanding due to their increasing use in diabetes and obesity management. These medications are highly effective in improving glycemic control and promoting weight loss, leading to growing adoption among patients and healthcare providers.
The increasing prevalence of obesity and type 2 diabetes is driving demand for GLP-1 receptor agonists in the Philippines. These drugs offer effective weight management and blood sugar control, making them a preferred choice among healthcare professionals. Additionally, growing investments in diabetes research and pharmaceutical innovation are fueling market growth.
The GLP-1 receptor agonist market in the Philippines is hindered by the high cost of these drugs, limiting accessibility for diabetic patients. Many healthcare providers have limited experience prescribing GLP-1 agonists, leading to lower adoption rates. Additionally, concerns over potential side effects and a lack of reimbursement options further restrict market growth.
The rising incidence of obesity and type 2 diabetes in the Philippines is fueling demand for GLP-1 receptor agonists, a class of drugs used for weight management and blood sugar control. Investments in pharmaceutical development, production, and distribution of GLP-1 therapies present strong opportunities. The increasing awareness of diabetes management and government initiatives to improve access to innovative medications further enhance market growth.
The government is facilitating access to glucagon-like peptide-1 (GLP-1) receptor agonists as part of its diabetes management policies. The DOH is working with pharmaceutical companies to ensure the affordability of GLP-1 medications under the national drug price control regulations. Additionally, policies supporting clinical research on diabetes treatments are contributing to improved patient outcomes. National health programs are also promoting awareness about diabetes management and the benefits of GLP-1 therapies in reducing complications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines GLP 1 Receptor Agonist Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines GLP 1 Receptor Agonist Market - Industry Life Cycle |
3.4 Philippines GLP 1 Receptor Agonist Market - Porter's Five Forces |
3.5 Philippines GLP 1 Receptor Agonist Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines GLP 1 Receptor Agonist Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines GLP 1 Receptor Agonist Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.8 Philippines GLP 1 Receptor Agonist Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines GLP 1 Receptor Agonist Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines GLP 1 Receptor Agonist Market Trends |
6 Philippines GLP 1 Receptor Agonist Market, By Types |
6.1 Philippines GLP 1 Receptor Agonist Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Ozempic, 2021- 2031F |
6.1.4 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Trulicity, 2021- 2031F |
6.1.5 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Mounjaro, 2021- 2031F |
6.1.6 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Wegovy, 2021- 2031F |
6.1.7 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Rybelsus, 2021- 2031F |
6.1.8 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Saxenda, 2021- 2031F |
6.2 Philippines GLP 1 Receptor Agonist Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Type 2 Diabetes Mellitus, 2021- 2031F |
6.2.3 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Obesity, 2021- 2031F |
6.3 Philippines GLP 1 Receptor Agonist Market, By Route of Administration |
6.3.1 Overview and Analysis |
6.3.2 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Parenteral, 2021- 2031F |
6.3.3 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Oral, 2021- 2031F |
6.4 Philippines GLP 1 Receptor Agonist Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Hospital Pharmacies, 2021- 2031F |
6.4.3 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Retail Pharmacies, 2021- 2031F |
6.4.4 Philippines GLP 1 Receptor Agonist Market Revenues & Volume, By Online Pharmacies, 2021- 2031F |
7 Philippines GLP 1 Receptor Agonist Market Import-Export Trade Statistics |
7.1 Philippines GLP 1 Receptor Agonist Market Export to Major Countries |
7.2 Philippines GLP 1 Receptor Agonist Market Imports from Major Countries |
8 Philippines GLP 1 Receptor Agonist Market Key Performance Indicators |
9 Philippines GLP 1 Receptor Agonist Market - Opportunity Assessment |
9.1 Philippines GLP 1 Receptor Agonist Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines GLP 1 Receptor Agonist Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines GLP 1 Receptor Agonist Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.4 Philippines GLP 1 Receptor Agonist Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines GLP 1 Receptor Agonist Market - Competitive Landscape |
10.1 Philippines GLP 1 Receptor Agonist Market Revenue Share, By Companies, 2024 |
10.2 Philippines GLP 1 Receptor Agonist Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |