Press release
How Human Insulin Market Will Dominate In Coming Years? Key Players: Novo Nordisk, AstraZeneca, Eli Lilly and Company, Biocon, Wockhardt Ltd., Julphar, GlaxoSmithKline Pharma GmbH
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Market Sees Stronger Sales of Biosimilars Than Other Drugs
As per drug type, biosimilars are projected to grow at a considerable rate throughout the forecast years. The cost-effectiveness of these drugs is expected to fuel their demand in the coming years. Furthermore, the U.S. Food and Drug Administration revealed that biosimilars are safe and effective for the treatment of diabetes.
Market Advances with Rapid Improvements in Insulin Delivery in North America
Among regions, North America is anticipated to dominate the global human insulin market during the forecast period. The growth is majorly witnessed on account of the rising prevalence of diabetes and its related disorders. Furthermore, the demand for human infusion insulin devices is increasing owing to their availability and technological improvements. On the other hand, the market in Asia Pacific is likely to witness high growth between 2018 and 2026. The rising research and development (R&D) investments and presence of well-known manufacturing companies in this region are creating ample growth opportunities for the market. These companies are likely to boost the human insulin market in the upcoming years.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis: Novo Nordisk, AstraZeneca, Eli Lilly and Company, Biocon, Wockhardt Ltd., Julphar, GlaxoSmithKline Pharma GmbH
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SEGMENTATION
By Drug Type
· Biologics
· Biosimilars
By Delivery Devices
· Vials & Syringes
· Insulin Pens
· Insulin Pumps
· Others
By Type of Patients
· Type 1 diabetes
· Type 2 diabetes
By Mode of Action
· Long-Acting
· Rapid-Acting
· Short-Acting
· Intermediate-Acting
· Premix Insulin
By Distribution Channel
· Hospital Pharmacies
· Retail Pharmacies
· Online Pharmacies
By Geography
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
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