Human Insulin Market 2024 Future Trends, Growth Opportunities, Driving Factors by Key Manufacturers- Novo Nordisk, Sanofi A/S, Eli Lilly & Company, and Astra Zeneca PLC

Insulin is a peptide hormone that helps in controlling the absorption of fat and carbohydrate in the body. The human insulin market is anticipated to grow at a robust CAGR during the forecast period due to a high incidence rate of diabetes, globally.The growth in the prevalence rate of diabetes, changes in lifestyles, rising number of obese patients, and increasing geriatric population are the major factors driving the market growth. However, the high cost for the development and production of insulin, manufacturing complexities, and stringent regulatory scenario for the approval of derived products are hampering the growth of the market.

Top Manufacturer Detail:
Novo Nordisk, Sanofi A/S, Eli Lilly & Company, and Astra Zeneca PLC are the key players in the market. The other prominent players in the market include Biocon, Julphar, Wockhardt, GSK, Oramed, and SemBioSys Genetics.

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Global Human Insulin market is estimated to witness a CAGR of 10.2% during the forecast period 2017-2023. The human insulin market is analyzed based on three segments-top insulin brands, product types, and regions.

The regions covered in the report are North America, Europe, Asia Pacific, and Rest of the World (ROW). North America accounts for the largest share of the global human insulin market, followed by Europe, Asia Pacific, and Rest of the World. Nearly half of the market is occupied by North America, with the US being the major contributor to the market growth.

Based on types, the market is segmented into modern human insulin and traditional human insulin. Modern human insulin includes rapid-acting insulin analogs, premixed analogue insulins, and long-acting insulin. Traditional human insulin includes regular human insulin, NPH human insulin, and pre-mixed insulin. Novo Nordisk holds 45.0% share of the total modern insulin market.

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Table of Contents

1 Industry Outlook
1.1 Industry Overview
1.2 Total Addressable Market
1.3 Industry Trends
2 Report Outlin
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Market Definition-Infoholic Research
3.2 Segmented Addressable Market (SAM)
3.2.1 Trends of Human Insulin market
3.3 Related Markets
3.3.1 Oncology (Cancer) Drugs
3.3.2 Active pharmaceutical ingredients (APIs)
3.3.3 Over the counter drugs (OTC)
3.3.4 Diabetes Drugs
4 Market Outline
4.1 Pipeline products
4.2 Market Segmentation
4.3 Porter 5(Five) Forces
4.4 PEST Analysis
5 Market Characteristics
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Increasing Aging Population
5.1.2 Opportunities
5.1.2.1 Increase healthcare spending
5.1.2.2 Patent Expiry for Blockbuster Drugs
5.1.3 Restraints
5.1.3.1 Complex regulatory process
5.1.3.2 High cost of insulin
5.1.4 DRO-Impact Analysis
51.5 Key Stakeholders
6 Insulin Types: Market Size and Analysis
6.1 Overview
6.2 Lantus
6.3 Humulin
6.4 Levemir
6.5 Humalog
6.6 NovoLog/NovoRapid
6.7 Tresiba
6.8 Basaglar/ Abasaglar
6.9 Toujeo
6.10 Apidra
7 Types: Market Size and Analysis
7.1 Overview
7.2 Modern Insulin
7.2.1 Rapid Acting Insulin Analogs
7.2.2 Premixed analogue insulins
7.2.3 Long-acting insulin
7.3 Traditional Human Insulin
7.3.1 Regular Human Insulin
7.3.2 NPH Human Insulin
7.3.3 Pre-Mixed Insulin

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