Key Insights
The Russia diabetes drugs market, valued at $1.04 billion in 2025, is projected to experience steady growth, driven by increasing prevalence of diabetes, an aging population, and rising healthcare expenditure. A Compound Annual Growth Rate (CAGR) of 4.50% is anticipated from 2025 to 2033, indicating a significant market expansion. Key market segments include insulin therapies (Basaglar, Apidra, Insuman, and others), oral anti-diabetic drugs (Metformin, Suglat, Galvus, and others), and combination drugs, reflecting the diverse treatment approaches employed in managing diabetes. The market is highly competitive, with major players like Novo Nordisk A/S, Sanofi Aventis, Eli Lilly, and AstraZeneca vying for market share. Growth will likely be influenced by government initiatives to improve diabetes care, increasing awareness campaigns, and the availability of innovative treatment options. However, challenges such as affordability concerns, particularly in rural areas, and potential drug pricing regulations could act as restraints on market expansion. The regional distribution of the market will likely see variations based on healthcare infrastructure and access to quality medical care across different regions of Russia (Western, Eastern, Southern, and Northern). Successful players will need to focus on strategies that address affordability, improve patient access, and offer comprehensive diabetes management programs.
The substantial growth potential is further fueled by the increasing adoption of advanced therapies like GLP-1 receptor agonists and SGLT-2 inhibitors, offering improved glycemic control and cardiovascular benefits. The segment of biosimilar insulins is also expected to expand significantly due to cost-effectiveness compared to their branded counterparts. However, the market faces challenges related to the penetration of new innovative therapies in the regions with limited healthcare access and the ongoing need to increase diabetes awareness among the population. The competitive landscape necessitates a focus on R&D, strategic partnerships, and effective marketing and distribution strategies to capitalize on the market's future growth potential. Government regulations, pricing policies, and reimbursements will also play a significant role in shaping the market's trajectory in the years to come.

Russia Diabetes Drugs Industry: A Comprehensive Market Report (2019-2033)
This comprehensive report provides a detailed analysis of the Russia diabetes drugs industry, covering market dynamics, growth trends, key players, and future outlook. The study period spans from 2019 to 2033, with 2025 serving as both the base and estimated year. This report is invaluable for pharmaceutical companies, investors, and healthcare professionals seeking to understand this vital market.
Keywords: Russia diabetes drugs market, diabetes medication Russia, insulin market Russia, Russia pharmaceutical market, diabetes treatment Russia, anti-diabetic drugs Russia, market size Russia diabetes drugs, Russia diabetes prevalence, GLP-1 receptor agonists Russia, SGLT-2 inhibitors Russia, DPP-4 inhibitors Russia, pharmaceutical industry Russia, market analysis Russia, market forecast Russia, competitive landscape Russia, Merck, Pfizer, Takeda, Janssen, Eli Lilly, Novartis, AstraZeneca, Sanofi, Bristol Myers Squibb, Novo Nordisk, Boehringer Ingelheim, Astellas.
Russia Diabetes Drugs Industry Market Dynamics & Structure
The Russia diabetes drugs market is characterized by a moderately concentrated landscape with several multinational pharmaceutical companies holding significant market share. Market leaders include Merck & Co, Pfizer, Takeda, Janssen Pharmaceuticals, Eli Lilly, Novartis, AstraZeneca, Sanofi Aventis, Bristol Myers Squibb, Novo Nordisk A/S, Boehringer Ingelheim, and Astellas, along with a significant "Other" category encompassing smaller players and regional manufacturers. Technological innovation, particularly in the development of newer drug classes like GLP-1 receptor agonists and SGLT-2 inhibitors, is a key driver. However, regulatory hurdles and pricing pressures represent significant challenges. The market is also influenced by increasing diabetes prevalence, aging population, and evolving treatment guidelines.
- Market Concentration: The top 10 players account for approximately xx% of the market (2024).
- Technological Innovation: Focus on newer drug classes like GLP-1 RA and SGLT-2i, with ongoing research into advanced insulin delivery systems.
- Regulatory Framework: Stringent regulatory approvals and pricing policies influence market access and profitability.
- Competitive Product Substitutes: Generic competition and the emergence of biosimilars exert downward pressure on prices.
- End-User Demographics: Growing prevalence of type 2 diabetes among the elderly is a significant market driver.
- M&A Trends: Consolidation activity is expected to continue, driven by a need for scale and access to innovative therapies (xx M&A deals between 2019-2024).
Russia Diabetes Drugs Industry Growth Trends & Insights
The Russia diabetes drugs market experienced a CAGR of xx% during the historical period (2019-2024), driven by increasing diabetes prevalence, improved healthcare infrastructure, and rising awareness among patients. The market is projected to maintain a healthy growth trajectory, with a forecast CAGR of xx% from 2025 to 2033. This growth is fueled by factors such as increased government initiatives to improve diabetes care, growing affordability of newer medications and the expansion of private healthcare services. Adoption rates of newer drug classes are increasing, although challenges remain regarding affordability and accessibility, particularly in rural areas. Changing consumer behavior, with a preference for more convenient and effective therapies, will also influence market dynamics. Technological advancements continue to shape the market with the introduction of innovative drug delivery systems and combination therapies. Market penetration of newer insulin analogs and oral anti-diabetic drugs shows significant growth potential.

Dominant Regions, Countries, or Segments in Russia Diabetes Drugs Industry
While data specific to regional breakdown within Russia is limited, it's expected that major urban centers with higher population density and better healthcare infrastructure will exhibit higher market dominance. Segmentation analysis reveals that insulins (Basal/Long Acting, Bolus/Fast Acting, Biosimilars), GLP-1 receptor agonists, and SGLT-2 inhibitors represent the fastest-growing segments, driven by their efficacy and improved patient outcomes. Metformin and other Oral Anti-Diabetic drugs maintain a large market share due to their established presence and lower cost.
- Key Growth Drivers:
- Higher prevalence of diabetes in urban areas.
- Improved access to healthcare in major cities.
- Greater affordability of treatments in specific regions.
- Dominant Segments:
- Insulins (xx Million units in 2024): High demand due to the large diabetic population requiring insulin therapy.
- GLP-1 receptor agonists (xx Million units in 2024): Rapid growth due to efficacy and convenience.
- SGLT-2 inhibitors (xx Million units in 2024): Significant market expansion driven by cardiovascular benefits.
- Oral Anti-diabetic drugs (Metformin and others) (xx Million units in 2024): Continued large market share due to affordability.
Russia Diabetes Drugs Industry Product Landscape
The Russia diabetes drugs market offers a wide range of products across various drug classes including insulins (Basaglar, Apidra, Insuman), oral anti-diabetic drugs (Galvus, Suglat, Metformin), non-insulin injectables (Lyxumia), and combination therapies (Xultophy). Innovation focuses on developing more convenient delivery systems, improved efficacy, and reduced side effects. Biosimilars are gaining traction, presenting cost-effective alternatives to branded drugs. Unique selling propositions center around enhanced efficacy, fewer side effects, and ease of administration. Technological advancements include the development of smart insulin pens and continuous glucose monitoring systems.
Key Drivers, Barriers & Challenges in Russia Diabetes Drugs Industry
Key Drivers:
- Increasing prevalence of diabetes, particularly type 2 diabetes.
- Rising disposable incomes and increased health insurance coverage.
- Growing awareness of diabetes and the benefits of early treatment.
- Government initiatives to improve diabetes care.
Challenges and Restraints:
- High cost of innovative therapies, limiting accessibility.
- Limited access to quality healthcare in rural areas.
- Stringent regulatory approvals for new drug launches.
- Price controls and reimbursement policies affect profitability.
Emerging Opportunities in Russia Diabetes Drugs Industry
- Growing demand for biosimilar insulins and other cost-effective treatment options.
- Expanding market for advanced insulin delivery systems, including smart pens and insulin pumps.
- Potential for growth in digital health solutions for diabetes management, including telemedicine and remote monitoring.
- Increased focus on personalized medicine and targeted therapies.
Growth Accelerators in the Russia Diabetes Drugs Industry
Long-term growth is expected to be fueled by technological advancements in drug delivery and therapeutic areas, strategic partnerships between pharmaceutical companies and healthcare providers, and the expansion of market access initiatives by government and private entities. Furthermore, the continued increase in diabetes awareness and the adoption of proactive diabetes management strategies will act as significant catalysts for sustained market expansion.
Key Players Shaping the Russia Diabetes Drugs Industry Market
- Merck And Co
- Pfizer
- Takeda
- Other
- Janssen Pharmaceuticals
- Eli Lilly
- Novartis
- AstraZeneca
- Sanofi Aventis
- Bristol Myers Squibb
- Novo Nordisk A/S
- Boehringer Ingelheim
- Sanofi Aventis
- Astellas
Notable Milestones in Russia Diabetes Drugs Industry Sector
- March 2022: Eli Lilly and Boehringer Ingelheim gained EU approval for heart failure treatment for Jardiance (empagliflozin), a sodium-glucose co-transporter-2-inhibitor.
- February 2023: AstraZeneca's Forxiga (dapagliflozin) received expanded EU approval for heart failure treatment across the full spectrum of left ventricular ejection fraction.
In-Depth Russia Diabetes Drugs Industry Market Outlook
The Russia diabetes drugs market presents significant long-term growth potential, driven by technological innovation, an expanding patient population, and increased healthcare spending. Strategic partnerships, market expansion strategies, and government support for diabetes care initiatives will further enhance market prospects. The focus will shift toward more personalized and targeted therapies, alongside the growing role of digital health technologies in diabetes management. This will create numerous opportunities for both established players and emerging companies in the coming years.
Russia Diabetes Drugs Industry Segmentation
-
1. Insulins
- 1.1. Basal or Long Acting Insulins
- 1.2. Bolus or Fast Acting Insulins
- 1.3. Traditional Human Insulins
- 1.4. Biosimilar Insulins
-
2. Oral Anti-diabetic drugs
- 2.1. Biguanides
- 2.2. Alpha-Glucosidase Inhibitors
- 2.3. Dopamine D2 receptor agonist
- 2.4. SGLT-2 inhibitors
- 2.5. DPP-4 inhibitors
- 2.6. Sulfonylureas
- 2.7. Meglitinides
-
3. Non-Insulin Injectable drugs
- 3.1. GLP-1 receptor agonists
- 3.2. Amylin Analogue
-
4. Combination drugs
- 4.1. Insulin combinations
- 4.2. Oral Combinations
Russia Diabetes Drugs Industry Segmentation By Geography
- 1. Russia

Russia Diabetes Drugs Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 4.50% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. ; The Rise in Global Prevalence of Cases of Obesity due to Modern Sedentary Lifestyles; Rise in Awareness and Disposable Income in Developed Economies
- 3.3. Market Restrains
- 3.3.1 ; Highly Cost of Branded Products in Emerging Countries; Severe Adverse Associated with Medication Including Seizures
- 3.3.2 Suicidal Attempts and Even Death; Adoption of Traditional Yoga and Herbal Products
- 3.4. Market Trends
- 3.4.1. The oral anti-diabetic drugs segment holds the highest market share in the Russia Diabetes Drugs Market in the current year
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Russia Diabetes Drugs Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Insulins
- 5.1.1. Basal or Long Acting Insulins
- 5.1.2. Bolus or Fast Acting Insulins
- 5.1.3. Traditional Human Insulins
- 5.1.4. Biosimilar Insulins
- 5.2. Market Analysis, Insights and Forecast - by Oral Anti-diabetic drugs
- 5.2.1. Biguanides
- 5.2.2. Alpha-Glucosidase Inhibitors
- 5.2.3. Dopamine D2 receptor agonist
- 5.2.4. SGLT-2 inhibitors
- 5.2.5. DPP-4 inhibitors
- 5.2.6. Sulfonylureas
- 5.2.7. Meglitinides
- 5.3. Market Analysis, Insights and Forecast - by Non-Insulin Injectable drugs
- 5.3.1. GLP-1 receptor agonists
- 5.3.2. Amylin Analogue
- 5.4. Market Analysis, Insights and Forecast - by Combination drugs
- 5.4.1. Insulin combinations
- 5.4.2. Oral Combinations
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1. Russia
- 5.1. Market Analysis, Insights and Forecast - by Insulins
- 6. Western Russia Russia Diabetes Drugs Industry Analysis, Insights and Forecast, 2019-2031
- 7. Eastern Russia Russia Diabetes Drugs Industry Analysis, Insights and Forecast, 2019-2031
- 8. Southern Russia Russia Diabetes Drugs Industry Analysis, Insights and Forecast, 2019-2031
- 9. Northern Russia Russia Diabetes Drugs Industry Analysis, Insights and Forecast, 2019-2031
- 10. Competitive Analysis
- 10.1. Market Share Analysis 2024
- 10.2. Company Profiles
- 10.2.1 Merck And Co
- 10.2.1.1. Overview
- 10.2.1.2. Products
- 10.2.1.3. SWOT Analysis
- 10.2.1.4. Recent Developments
- 10.2.1.5. Financials (Based on Availability)
- 10.2.2 Pfizer
- 10.2.2.1. Overview
- 10.2.2.2. Products
- 10.2.2.3. SWOT Analysis
- 10.2.2.4. Recent Developments
- 10.2.2.5. Financials (Based on Availability)
- 10.2.3 Takeda
- 10.2.3.1. Overview
- 10.2.3.2. Products
- 10.2.3.3. SWOT Analysis
- 10.2.3.4. Recent Developments
- 10.2.3.5. Financials (Based on Availability)
- 10.2.4 Other
- 10.2.4.1. Overview
- 10.2.4.2. Products
- 10.2.4.3. SWOT Analysis
- 10.2.4.4. Recent Developments
- 10.2.4.5. Financials (Based on Availability)
- 10.2.5 Janssen Pharmaceuticals
- 10.2.5.1. Overview
- 10.2.5.2. Products
- 10.2.5.3. SWOT Analysis
- 10.2.5.4. Recent Developments
- 10.2.5.5. Financials (Based on Availability)
- 10.2.6 Eli Lilly
- 10.2.6.1. Overview
- 10.2.6.2. Products
- 10.2.6.3. SWOT Analysis
- 10.2.6.4. Recent Developments
- 10.2.6.5. Financials (Based on Availability)
- 10.2.7 Novartis
- 10.2.7.1. Overview
- 10.2.7.2. Products
- 10.2.7.3. SWOT Analysis
- 10.2.7.4. Recent Developments
- 10.2.7.5. Financials (Based on Availability)
- 10.2.8 AstraZeneca
- 10.2.8.1. Overview
- 10.2.8.2. Products
- 10.2.8.3. SWOT Analysis
- 10.2.8.4. Recent Developments
- 10.2.8.5. Financials (Based on Availability)
- 10.2.9 Sanofi Aventis
- 10.2.9.1. Overview
- 10.2.9.2. Products
- 10.2.9.3. SWOT Analysis
- 10.2.9.4. Recent Developments
- 10.2.9.5. Financials (Based on Availability)
- 10.2.10 Bristol Myers Squibb
- 10.2.10.1. Overview
- 10.2.10.2. Products
- 10.2.10.3. SWOT Analysis
- 10.2.10.4. Recent Developments
- 10.2.10.5. Financials (Based on Availability)
- 10.2.11 Novo Nordisk A/S
- 10.2.11.1. Overview
- 10.2.11.2. Products
- 10.2.11.3. SWOT Analysis
- 10.2.11.4. Recent Developments
- 10.2.11.5. Financials (Based on Availability)
- 10.2.12 Boehringer Ingelheim
- 10.2.12.1. Overview
- 10.2.12.2. Products
- 10.2.12.3. SWOT Analysis
- 10.2.12.4. Recent Developments
- 10.2.12.5. Financials (Based on Availability)
- 10.2.13 Sanofi Aventis
- 10.2.13.1. Overview
- 10.2.13.2. Products
- 10.2.13.3. SWOT Analysis
- 10.2.13.4. Recent Developments
- 10.2.13.5. Financials (Based on Availability)
- 10.2.14 Astellas
- 10.2.14.1. Overview
- 10.2.14.2. Products
- 10.2.14.3. SWOT Analysis
- 10.2.14.4. Recent Developments
- 10.2.14.5. Financials (Based on Availability)
- 10.2.1 Merck And Co
List of Figures
- Figure 1: Russia Diabetes Drugs Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Russia Diabetes Drugs Industry Share (%) by Company 2024
List of Tables
- Table 1: Russia Diabetes Drugs Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Region 2019 & 2032
- Table 3: Russia Diabetes Drugs Industry Revenue Million Forecast, by Insulins 2019 & 2032
- Table 4: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Insulins 2019 & 2032
- Table 5: Russia Diabetes Drugs Industry Revenue Million Forecast, by Oral Anti-diabetic drugs 2019 & 2032
- Table 6: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Oral Anti-diabetic drugs 2019 & 2032
- Table 7: Russia Diabetes Drugs Industry Revenue Million Forecast, by Non-Insulin Injectable drugs 2019 & 2032
- Table 8: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Non-Insulin Injectable drugs 2019 & 2032
- Table 9: Russia Diabetes Drugs Industry Revenue Million Forecast, by Combination drugs 2019 & 2032
- Table 10: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Combination drugs 2019 & 2032
- Table 11: Russia Diabetes Drugs Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 12: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Region 2019 & 2032
- Table 13: Russia Diabetes Drugs Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 14: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Country 2019 & 2032
- Table 15: Western Russia Russia Diabetes Drugs Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: Western Russia Russia Diabetes Drugs Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 17: Eastern Russia Russia Diabetes Drugs Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Eastern Russia Russia Diabetes Drugs Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 19: Southern Russia Russia Diabetes Drugs Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Southern Russia Russia Diabetes Drugs Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 21: Northern Russia Russia Diabetes Drugs Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Northern Russia Russia Diabetes Drugs Industry Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 23: Russia Diabetes Drugs Industry Revenue Million Forecast, by Insulins 2019 & 2032
- Table 24: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Insulins 2019 & 2032
- Table 25: Russia Diabetes Drugs Industry Revenue Million Forecast, by Oral Anti-diabetic drugs 2019 & 2032
- Table 26: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Oral Anti-diabetic drugs 2019 & 2032
- Table 27: Russia Diabetes Drugs Industry Revenue Million Forecast, by Non-Insulin Injectable drugs 2019 & 2032
- Table 28: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Non-Insulin Injectable drugs 2019 & 2032
- Table 29: Russia Diabetes Drugs Industry Revenue Million Forecast, by Combination drugs 2019 & 2032
- Table 30: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Combination drugs 2019 & 2032
- Table 31: Russia Diabetes Drugs Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 32: Russia Diabetes Drugs Industry Volume K Unit Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Russia Diabetes Drugs Industry?
The projected CAGR is approximately 4.50%.
2. Which companies are prominent players in the Russia Diabetes Drugs Industry?
Key companies in the market include Merck And Co, Pfizer, Takeda, Other, Janssen Pharmaceuticals, Eli Lilly, Novartis, AstraZeneca, Sanofi Aventis, Bristol Myers Squibb, Novo Nordisk A/S, Boehringer Ingelheim, Sanofi Aventis, Astellas.
3. What are the main segments of the Russia Diabetes Drugs Industry?
The market segments include Insulins, Oral Anti-diabetic drugs, Non-Insulin Injectable drugs, Combination drugs.
4. Can you provide details about the market size?
The market size is estimated to be USD 1.04 Million as of 2022.
5. What are some drivers contributing to market growth?
; The Rise in Global Prevalence of Cases of Obesity due to Modern Sedentary Lifestyles; Rise in Awareness and Disposable Income in Developed Economies.
6. What are the notable trends driving market growth?
The oral anti-diabetic drugs segment holds the highest market share in the Russia Diabetes Drugs Market in the current year.
7. Are there any restraints impacting market growth?
; Highly Cost of Branded Products in Emerging Countries; Severe Adverse Associated with Medication Including Seizures. Suicidal Attempts and Even Death; Adoption of Traditional Yoga and Herbal Products.
8. Can you provide examples of recent developments in the market?
February 2023: AstraZeneca's Forxiga (dapagliflozin) was approved in the European Union to extend the indication for heart failure with reduced ejection fraction to cover patients across the full spectrum of left ventricular ejection fraction. It includes heart failure with mildly reduced and preserved ejection fraction.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Russia Diabetes Drugs Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Russia Diabetes Drugs Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Russia Diabetes Drugs Industry?
To stay informed about further developments, trends, and reports in the Russia Diabetes Drugs Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence