The demanding need of treating type 2 diabetes mellitus (T2DM), currently reaching epidemic dimensions, has been the major aim of healthcare systems and policy makers worldwide.Pharmacological treatment associated with lifestyle interventions, in addition to controlling of cardiovascular risk factors, are the main strategies to prevent or delay the onset of T2DM. The present review discusses the state of the art knowledge of effective therapeutic approaches (metformin, thiazolidinediones, nateglinides, α-glucosidase inhibitors, incretin and angiotensin based therapies, weight reducers, statins, fibric acid derivatives), including surgery and identifying the major lifestyle changes requested for specific target groups.