Human Insulin Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2019 – 2028

The global human insulin market is expected to reach US$ 30.1 billion by 2028; growing at a CAGR of 3.9% from 2021 to 2028.
About 400 million people have diabetes in the world and about 150 – 200 million people are consuming insulin in the world at present.
Insulin is peptide chain or hormone which is responsible for the controlling of sugar levels in the blood. Beta cells in the pancreas are responsible for producing insulin in the human body. Insulin levels need to be balanced else the body acquire diseases such as diabetes. If insulin fails to do its job, our body is unable to store glucose and the fat breaks down which further gives rise to complications like increase of oxo acids. Increase in the levels of these acids gives rise to diabetic oxoacidosis which is very harmful for the body. Diabetes is of two types: Type 1 & Type 2. In Type 1 diabetes, the beta cells are damaged and hence the pancreas are unable to make insulin. In Type 2 diabetes, body produces insulin in less amount or the body does not respond to the produced insulin. Insulin cannot be taken as medicines because they will break down like proteins at the time of digestion. They must be taken as injections directly into the fat, under the skin which further releases it into the blood. Extensive research for improvising the composition along with reducing side-effects, increasing rates of obesity and high prevalence in the number of diabetic patients are the key reasons which drives the global human insulin market. Insulin glargine, Insulin detemir and insulin degludec are the best insulins available in the market.

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The global human insulin market is segmented by Product, by Product type, and by region. On the basis of product, the global human insulin market is classified into two major segments – drugs and delivery devices. Product segments hold the largest market share in terms of revenue. On the basis of product type, the human insulin delivery devices segment is sub-segmented into pens, pen needles, and syringes. The pens segment is the widely used type because of its easy application and satisfactory results especially in countries like China and India.
Human Insulin market outlook – North America leads the global human insulin market.
On the basis of region, the global Human Insulin market is bifurcated into North America, Europe, Asia-Pacific and EMEA.
Prominent players in the global Human Insulin market.
Sanofi, Eli Lilly and Company, Wockhardt Ltd., Nordisk A/S, Biocon Ltd. (India), Julphar (U.A.E.), Biodel Inc., B. Braun Meselgen AG, Becton, Dickinson and Company and Ypsomed AG are the leading players in the global human insulin market.

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