openPR Logo
Press release

Human Insulin Market to Rise due to Emergence of Technologically Advanced Human Insulin Delivery Devices

Human Insulin Market to Rise due to Emergence of Technologically

Insulin regulates carbohydrate and fat metabolism in the human body and is a peptide hormone secreted inside the pancreas through beta cells of the islets of Langerhans. Insulin helps in the regulation of glucose metabolism and causes fat tissues or skeletal muscle cells to absorb glucose from the blood. The global human insulin market is predicted to rise exponentially in the coming years owing to the increasing prevalence of type 1 and type 2 diabetes. The rise in diabetic population is associated with the increasing aging population, the rise in the obese population, and the absence of adequate health services in large parts of the world.

Rising R&D Investments in Drug Development and Discovery to Fuel Human Insulin Market

The rising research and development (R&D) investments in drug development and discovery and the increasing awareness amongst people about diabetes is also stimulating the demand for human insulin. Furthermore, the emergence of technologically advanced human insulin delivery devices is also impacting the human insulin market positively. The prime trend seen in the market is the rising utilization of insulin pens for administering human insulin. On the other hand, factors such as the stringent regulatory needs for drug approval, and the limited access to and imbalanced pricing structure of human insulin in developing countries may impede the growth of the market in the coming years.

Interested in report: Please follow the below links to meet your requirements; Request for the Report Sample: http://www.persistencemarketresearch.com/samples/3308

Modern Human Insulin to Expand at a 13.20% CAGR from 2014 to 2020

On the basis of type, the human insulin market is segmented into modern human insulin and traditional human insulin. The segment of traditional insulin is further segmented into premixed, short acting, and intermediate-acting human insulin. On the other hand, the segment of modern human insulin is further segmented into long lasting, premixed, and rapid acting human insulin. Amongst these, in 2014, the segment of modern human insulin stood at US$19.5 bn and is poised to reach US$40.9 bn in 2020. It is predicted to expand at a 13.20% CAGR from 2014 to 2020. Modern human insulin is more effective as compared to traditional human insulin. In terms of brand, the market is segmented into modern and traditional human insulin brands. Traditional brands comprise Actrapid, Insuman, and, Humulin, whereas the segment of modern brands comprises Lantus, Novomix, Humalog, Apidra, Novorapid, and Levemir.

Request TOC (table of content), Figures and Tables of the Report: http://www.persistencemarketresearch.com/toc/3308

North America Human Insulin Market Held the Largest Share in 2014

In terms of geography, the market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, the region of North America led the human insulin market in 2014 owing to the rising occurrence of diabetes and the growing geriatric population in this region. Furthermore, the presence of technologically advanced human insulin infusion devices in this region is also stimulating the growth of the market in this region. On the other hand, Asia Pacific is poised to be the most swiftly growing market in the coming years, with India and China being the major human insulin markets in this region.

The chief players dominant in the market are Eli Lilly and Company, Novo Nordisk A/S, Sanofi, Tonghua Dongbao Pharmaceutical Co., Ltd., Biocon, Merck & Co., Inc., Adocia, Pfizer, Inc., Julphar, Wockhardt, Bristol-Myers Squibb Company, Oramed Pharmaceuticals, Inc., and GlaxoSmithKline Plc., among others.

About Us

Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States
USA - Canada Toll Free: +1 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Human Insulin Market to Rise due to Emergence of Technologically Advanced Human Insulin Delivery Devices here

News-ID: 340683 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Insulin

Insulin Delivery System Advancement Drives the Global Insulin Path Pumps Market
Inkwood Research expects the Global Insulin Patch Pumps Market to surge with a 10.63% CAGR by 2032, and is set to generate $2760.98 million during the forecast period 2023-2032. Browse 50 market data Tables and 47 Figures spread over 173 Pages, along with an in-depth analysis of the Global Insulin Patch Pumps Market by Type, Delivery Mode, Disease Indication, Distribution Channel, & by Geography. Refer to the Report Summary Here: https://inkwoodresearch.com/reports/insulin-patch-pumps-market/#report-summary?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR This
Advancing Insulin Delivery Systems boost the Global Insulin Path Pumps Market
Inkwood Research expects the Global Insulin Patch Pumps Market to surge with a 10.63% CAGR by 2032, and is set to generate $2760.98 million during the forecast period 2023-2032. Browse 50 market data Tables and 47 Figures spread over 173 Pages, along with an in-depth analysis of the Global Insulin Patch Pumps Market by Type, Delivery Mode, Disease Indication, Distribution Channel, & by Geography. Refer to the Report Summary Here: https://inkwoodresearch.com/reports/insulin-patch-pumps-market/#report-summary This insightful
Advancing Insulin Delivery Systems boost the Global Insulin Path Pumps Market
Inkwood Research expects the Global Insulin Patch Pumps Market to surge with a 10.63% CAGR by 2032, and is set to generate $2760.98 million during the forecast period 2023-2032. Browse 50 market data Tables and 47 Figures spread over 173 Pages, along with an in-depth analysis of the Global Insulin Patch Pumps Market by Type, Delivery Mode, Disease Indication, Distribution Channel, & by Geography. Refer to the Report Summary Here: https://inkwoodresearch.com/reports/insulin-patch-pumps-market/#report-summary This insightful
Insulin Pumps Market Share, Trends and Growth Analysis By Type (Traditional Insu …
Insulin Pumps Market is expected to register a CAGR of 15.5% and acquire the market value of USD 11.5 Billion by 2028 during forecast period 2023-2032. Insulin pumps are discreet, electronic medical devices that can be tucked beneath clothing or fastened to a belt. In order to regulate the rise in blood glucose levels, the pump is used to deliver controlled quantities of insulin within the body at regular intervals
Insulin Patch Pumps Market Report 2018: Segmentation by Insulin Type (Bolus Insu …
Global Insulin Patch Pumps market research report provides company profile for Roche Holding AG, Cellnovo Group SA, Spring Health Solution Ltd., Debiotech, CeQur SA, Valeritas, Becton Dickenson & Company, Insulet Corporation, Johnson & Johnson, Medtrum Technologies Inc. and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue,
Insulin pump Market Explore Future Growth 2018-2026 by Global Type-Traditional i …
Insulin pump is a portable device attached to the body that continuously delivers preset amounts of short or rapid acting insulin in the body to control diabetes. Insulin therapy is required in type 1 diabetes and sometime in type 2 diabetes. It serves as an effective alternative to insulin injections. Furthermore, insulin pump delivers the insulin according to the need of body as basal rate, where small amount of insulin