The sodium glucose cotransporter 2 (sglt2) inhibitors market size is expected to see strong growth in the next few years. It will grow to $16.35 billion in 2030 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to cardio-renal benefit recognition, aging diabetic population, expanded reimbursement coverage, new drug launches, emerging market penetration. Major trends in the forecast period include expanded use beyond diabetes, increased combination therapy adoption, growth in heart failure indications, improved safety profiling, wider guideline inclusion.
The rising prevalence of diabetes is expected to drive the growth of the sodium glucose cotransporter 2 (SGLT2) inhibitor market in the coming years. Diabetes is a group of metabolic disorders characterized by elevated blood sugar levels due to defects in insulin secretion, insulin action, or both. The increase in diabetes cases is influenced by factors such as urbanization, stress, environmental pollutants, and limited access to healthcare services. Sodium glucose cotransporter 2 (SGLT2) inhibitors help manage diabetes by lowering blood glucose levels through the prevention of glucose reabsorption in the kidneys, leading to its excretion in urine. These inhibitors also provide cardiovascular and renal benefits, making them an effective option for managing diabetes and its complications. For example, according to the Office for Health Improvement and Disparities (OHID), a UK-based government organization, the prevalence of type 2 diabetes recorded by GPs among adults aged 17 and above in England was 7% in March 2024, up from 6.8% in March 2023. Thus, the rising prevalence of diabetes is fueling the growth of the SGLT2 inhibitor market.
Key players in the SGLT2 inhibitor market are concentrating on developing dual inhibitor therapies to improve patient outcomes and regulate blood sugar levels. Dual inhibitor therapies target two different sodium-glucose cotransporters (SGLT1 and SGLT2) simultaneously to enhance effectiveness in managing conditions such as heart failure and diabetes. For instance, in May 2023, Lexicon Pharmaceuticals Inc., a US-based biopharmaceutical company, received FDA approval for sotagliflozin, a treatment for heart failure. This first-in-class dual inhibitor of SGLT1 and SGLT2 is a once-daily tablet designed to reduce cardiovascular death, heart failure hospitalizations, and urgent heart failure visits in adults with heart failure, type 2 diabetes, chronic kidney disease, and other cardiovascular risk factors. Its benefits include reduced renal glucose and sodium reabsorption, resulting in decreased preload and afterload as well as reduced sympathetic activity.
In October 2024, Viatris Inc., a US-based global healthcare company, entered into an exclusive licensing agreement with Lexicon Pharmaceuticals to commercialize sotagliflozin in all markets outside the U.S. and Europe. The partnership aims to expand access to sotagliflozin, improve treatment options for patients with diabetes, and promote innovation in the global diabetes therapeutics market. Lexicon Pharmaceuticals is a US-based biopharmaceutical company focused on developing novel therapies for metabolic diseases.
Major companies operating in the sodium glucose cotransporter 2 (sglt2) inhibitors market are Johnson & Johnson Inc., Merck & Co Inc., Bristol-Myers Squibb Company, AstraZeneca plc, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Astellas Pharma Inc, Sun Pharmaceutical Industries Ltd, Sumitomo Dainippon Pharma Co Ltd, Taisho Pharmaceutical Holdings Co Ltd, Lupin Limited, Glenmark Pharmaceuticals, Torrent Pharmaceuticals Ltd, Mankind Pharma Ltd, Kissei Pharmaceutical Co Ltd, Kotobuki Pharmaceutical Co Ltd, Lexicon Pharmaceuticals Inc, Novartis AG, Takeda Pharmaceutical Company Limited, Hanmi Pharmaceutical Co Ltd, Chong Kun Dang Pharmaceutical Corp, Mitsubishi Tanabe Pharma Corporation.
North America was the largest region in the sodium glucose cotransporter 2 (SGLT2) inhibitors market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sodium glucose cotransporter 2 (sglt2) inhibitors market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the sodium glucose cotransporter 2 (sglt2) inhibitors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Tariffs have increased costs in the SGLT2 inhibitors market by raising prices for imported active pharmaceutical ingredients and formulation inputs used in branded and generic diabetes drugs. Hospitals and clinics in Asia-Pacific and Europe that rely on global pharmaceutical supply chains are most affected, resulting in higher drug prices. These cost pressures can impact patient access to newer SGLT2 inhibitor therapies. However, tariffs are encouraging domestic API production and generic drug manufacturing, supporting long-term affordability in the SGLT2 inhibitors market.
The sodium glucose cotransporter 2 (sglt2) inhibitors market research report is one of a series of new reports that provides sodium glucose cotransporter 2 (sglt2) inhibitors market statistics, including sodium glucose cotransporter 2 (sglt2) inhibitors industry global market size, regional shares, competitors with a sodium glucose cotransporter 2 (sglt2) inhibitors market share, detailed sodium glucose cotransporter 2 (sglt2) inhibitors market segments, market trends and opportunities, and any further data you may need to thrive in the sodium glucose cotransporter 2 (sglt2) inhibitors industry. This sodium glucose cotransporter 2 (sglt2) inhibitors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Sodium glucose cotransporter 2 (SGLT2) inhibitors are a group of drugs used to manage type 2 diabetes by inhibiting the SGLT2 protein in the kidneys, which prevents glucose reabsorption and promotes its excretion through urine. This mechanism helps reduce blood glucose levels and may also aid in weight loss and lower blood pressure. They offer additional cardiovascular and renal benefits, making them important in the management of diabetic complications.
The primary types of sodium glucose cotransporter 2 (SGLT2) inhibitors include Invokana, Jardiance, Farxiga (or Forxiga), and Suglat. Invokana is a prescription medication used to lower blood sugar levels in adults with type 2 diabetes. These drugs are generally administered orally and are used by end users such as hospitals, clinics, and homecare settings.
The sodium glucose cotransporter 2 (SGLT2) inhibitors market consists of sales of luseogliflozin, remogliflozin, tofogliflozin and sergliflozin. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses sodium glucose cotransporter 2 (sglt2) inhibitors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for sodium glucose cotransporter 2 (sglt2) inhibitors? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The sodium glucose cotransporter 2 (sglt2) inhibitors market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Type: Invokana; Jardiance; Farxiga Or Forxiga; Suglat2) By Route Of Administration: Oral Route; Other Route Of Administration
3) By End User: Hospitals; Homecare Settings; Clinics
Subsegments:
1) By Invokana: Generic Invokana (Canagliflozin); Branded Invokana2) By Jardiance: Generic Jardiance (Empagliflozin); Branded Jardiance
3) By Farxiga Or Forxiga: Generic Farxiga (Dapagliflozin); Branded Farxiga
4) By Suglat: Suglat (Sotagliflozin) For Diabetes; Suglat (Sotagliflozin) For Heart Failure
Companies Mentioned: Johnson & Johnson Inc.; Merck & Co Inc.; Bristol-Myers Squibb Company; AstraZeneca plc; Eli Lilly and Company; Boehringer Ingelheim International GmbH; Astellas Pharma Inc; Sun Pharmaceutical Industries Ltd; Sumitomo Dainippon Pharma Co Ltd; Taisho Pharmaceutical Holdings Co Ltd; Lupin Limited; Glenmark Pharmaceuticals; Torrent Pharmaceuticals Ltd; Mankind Pharma Ltd; Kissei Pharmaceutical Co Ltd; Kotobuki Pharmaceutical Co Ltd; Lexicon Pharmaceuticals Inc; Novartis AG; Takeda Pharmaceutical Company Limited; Hanmi Pharmaceutical Co Ltd; Chong Kun Dang Pharmaceutical Corp; Mitsubishi Tanabe Pharma Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Sodium Glucose Cotransporter 2 (SGLT2) Inhibitors market report include:- Johnson & Johnson Inc.
- Merck & Co Inc.
- Bristol-Myers Squibb Company
- AstraZeneca plc
- Eli Lilly and Company
- Boehringer Ingelheim International GmbH
- Astellas Pharma Inc
- Sun Pharmaceutical Industries Ltd
- Sumitomo Dainippon Pharma Co Ltd
- Taisho Pharmaceutical Holdings Co Ltd
- Lupin Limited
- Glenmark Pharmaceuticals
- Torrent Pharmaceuticals Ltd
- Mankind Pharma Ltd
- Kissei Pharmaceutical Co Ltd
- Kotobuki Pharmaceutical Co Ltd
- Lexicon Pharmaceuticals Inc
- Novartis AG
- Takeda Pharmaceutical Company Limited
- Hanmi Pharmaceutical Co Ltd
- Chong Kun Dang Pharmaceutical Corp
- Mitsubishi Tanabe Pharma Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | February 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 11.87 Billion |
| Forecasted Market Value ( USD | $ 16.35 Billion |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 22 |


