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Antidiabetic Biosimilars Market is expected to Grow in the Near Future as Danish Pharma Company Novo Nordisk Plans to Launch Biosimilar Version of its NovoLog and NovoLog Mix Insulin Products in the U.S.
Antidiabetic Biosimilars Market is expected to Grow in the Near Future as Danish Pharma Company Novo Nordisk Plans to Launch Biosimilar Version of its NovoLog and NovoLog Mix Insulin Products in the U.S.
Antidiabetic Biosimilars have become one of the most common solutions to the diabetes problem, providing significant advances in medical science and technology for the better treatment of Diabetes Type I and II patients.

Antidiabetic Biosimilars have become one of the most common solutions to the diabetes problem, providing significant advances in medical science and technology for the better treatment of Diabetes Type I and II patients. However, these innovations don't come without their own set of challenges. Many believe that Diabetes is manageable if the patient follows a proper diet, regular exercise, and engages in some form of physical activity. Unfortunately, the modern-day obese person finds it quite impossible to follow these dietary and exercise guidelines, not to mention the lack of any physical exercise in modern-day environments.

Increasing prevalence of diabetes is expected to drive growth of the global antidiabetic biosimilars market. According to the World Health Organization (WHO), the global prevalence of diabetes among adults aged 18 years and above increased from 4.7% in 1980 to 8.5% in 2014. According to the same source, in 2016, around 1.6 million deaths were directly caused by diabetes. High prevalence of diabetes is witnessed in both developed and emerging economies. According to the American Diabetes Association (ADA), in 2018, around 34.2 million U.S. citizens or around 10.5% of the population had diabetes.

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