Press release
Human Insulin Market Size Reach US$ 63.5 Billion by 2027 | CAGR of 8.6%
Human insulin (HI) is short-acting insulin produced in laboratories. It is commonly used to replicate the function of human insulin and is bio-engineered by cultivating insulin proteins within E-coli bacteria (Escherichia coli). It comes as a solution and a suspension and must be injected subcutaneously. It is frequently used to manage blood sugar levels in people with type I and type II diabetes.
HI works by assisting the movement of sugar produced by the human body from the blood to other body tissues where it is consumed for energy. It can also prevent the liver from creating more sugar. Aside from that, HI aids in reducing hepatic glucose production and increasing the body's protein synthesis.
Market Trends:
One of the primary factors driving the market is the rising prevalence of obesity and diabetes among individuals as a result of sedentary lifestyles. Aside from that, there is a huge increase in demand for biosimilar medications due to their cost-effectiveness and higher efficiency, which is boosting market expansion. In addition, important competitors are introducing pen devices and safety pen needles to increase insulin administration to the body. This, combined with increased research and development (R&D) activities, is another growth-inducing component.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
B. Braun Melsungen AG
Becton Dickinson & Company
Biocon
Eli Lilly and Company
Julphar
Novo Nordisk
Pfizer
Sanofi
Sedico
Wockhardt
Ypsomed Holding, etc.
Explore full report with table of contents: https://www.imarcgroup.com/human-insulin-market
The report has segmented the market on the basis of Product Type, End-User and Region.
Breakup by Product Type:
Drugs
Human Insulin Analogs and Biosimilars
Rapid Acting
Long Acting
Premixed
Human Insulin Biologics
Short Acting
Intermediate Acting
Premixed
Delivery Devices
Pens
Reusable Pens
Disposable Pens
Pen Needles
Standard Pen Needles
Safety Pen Needles
Syringes
Others
Breakup by Distribution Channel:
Retail Pharmacies
Hospital Pharmacies
Online Retail Stores
Others
Breakup by Disease Type:
Type I Diabetes
Type II Diabetes
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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