Human Insulin Market: Information by Type (Traditional Human Insulin (Premixed Traditional, Intermediate Acting and Short-Acting), Modern Human Insulin (Premixed Modern, Long-Acting and Rapid Acting) and Brand (Lantus, Novorapid, Humalog, Novomix, Levemir, Apidar, Humulin and Insuman)) - Forecast till 2027
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The human insulin market is estimated at USD 90,812.40 Million till 2025 and is expected to grow at a CAGR of 12.10% within forecasted period.
North America and EU regions are dominating the market over a period of time while, Asia is the fastest growing region for Human insulin Market in coming years
Increasing prevalence of diabetes and increasing R&D investment for more effective insulin are driving the growth of the human insulin market in North America. Diabetes has become one of the major public health problems in North America, due to increasing number of geriatric population and rising prevalence of obesity.
Diabetes is the major public health threat for the world. Prevalence of Type 2 diabetes is increasing rapidly in Asia-Pacific. According to a study conducted by National Centre for Biotechnology Information in 2012, approximately 60% of Asian population was suffering from diabetes. China is expected to have highest prevalence rate of diabetes, followed by India, due to rise in industrialization, urbanization and westernization.
Competitive Landscape
The major global companies playing a key role in the Human Insulin market are :
- Adocia
- Merck & Co.Inc
- Julphar
- Pfizer Inc.
- Bristol-Myers Squibb Company
- GlaxoSmithKline Plc
- Sanofi
- Oramed
- Novo Nordisk India Pvt. Ltd.
- Eli Lilly and Company
- Biocon
- Tonghua Dongbao Pharmaceutical Co., Ltd.
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