Wed, 04 Aug 2021


The new report by Expert Market Research titled, 'Global Human Insulin Market Report and Forecast 2021-2026', gives an in-depth analysis of the human insulin market, assessing the market based on its segments like product type, type, brand, delivery service, applications and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Request a free sample copy in PDF or view the report summary@

https://www.expertmarketresearch.com/reports/human-insulin-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 36 billion
  • Forecast CAGR (2021-2026): 4.7 %
  • Forecast Market Size (2026): USD 48 billion

Factors such as rising population with diabetes, increasing population sensitivity to main risk drivers, growing consumer demand for analogues with human insulin, technical developments in human insulin-supply networks and advantageous medical reimbursement can be attributed to market growth. However, the market's growth is being stifled by tight regulatory criteria for product clearance. Furthermore, high commodity production costs are presenting major demand growth challenges.

Industry Definition and Major Segments

Human insulin is a synthetic insulin developed in labs using e. coli bacteria to raise insulin protein levels. Human insulin can be taken orally or supplied through insulin infusion pumps. Syringes, injection needles, and insulin pumps are examples of common insulin infusion systems. These instruments are used to ensure that insulin is administered on time and on budget.

Explore the full report with the table of contents@

https://www.expertmarketresearch.com/reports/human-insulin-market

Based on product type, the market is divided into:

Based on type, the industry can be segmented into:

  • Insulin Analogs and Biosimilars
  • Delivery Device

Insulin analogs and biosimilars is further divided on the basis of types into long acting, rapid acting, and pre-mixed, whereas delivery device is divided into intermediate-acting, short-acting, pre-mixed.

By brand, the industry is categorised into:

  • NovoRapid/Novolog
  • Humalog
  • Insuman
  • Humulin
  • Lantus
  • Actrapid, Insulatard, and Mixtard
  • Others

Based on delivery service, the industry is segregated into:

  • Pens
  • Syringes
  • Pen Needles
  • Others

Based on applications, the industry is divided into:

  • Type 1
  • Type 2

On the basis of regional markets, the industry is divided into:

1 North America

1.1 United States of America

1.2 Canada

2 Europe

2.1 Germany

2.2 United Kingdom

2.3 France

2.4 Italy

2.5 Others

3 Asia Pacific

3.1 China

3.2 Japan

3.3 India

3.4 ASEAN

3.5 Others

4 Latin America

4.1 Brazil

4.2 Argentina

4.3 Mexico

4.4 Others

5 Middle East & Africa

5.1 Saudi Arabia

5.2 United Arab Emirates

5.3 Nigeria

5.4 South Africa

5.5 Others

Market Trends

Growing R&D for drug discovery & development, rising proportion of aging population in developed countries, increasing market accessibility of generic human insulin products worldwide, and rising government initiatives to support the development and commercialization of effective biosimilars.

Owing to the growing prevalence of diabetes in APAC (coupled with the huge diabetic and pre-diabetic patient population), the Asia-Pacific market is expected to expand quickly in the forecast time period and will reinforce global distribution networks of regional product suppliers, the shifting regulatory environment for marketing approvals and medical refunds, the continued growth of the advanced physician facilities. The main initiatives implemented by global players to improve their role in the world market are regional growth and product development. In addition, strategy for improving their portfolio and widening delivery networks on the global human insulin industry, such as alliances, deals, collaborations, public advertising programs and research support and grants was also taken on by many market participants.

Key Market Players

The major players in the market are Nova Nordisk A/S, Biocon Limited, Sanofi S.A., Pfizer Inc., Eli Lilly and Company, among Others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

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Also Read@ https://expertmarketresearch-emr.blogspot.com/2021/05/global-human-insulin-market-to-be.html

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