Human Insulin Market 2022-2027
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According to a new market report published by Persistence Market Research “Global Market Study on Human Insulin: Asia Pacific to Witness fastest Growth by 2027,” the global human insulin market was valued at USD 24,332.6 million in 2022 and was expected to grow at a CAGR of 12.4% from 2022 to 2027, to reach an estimated value of USD 49,197.3 million in 2027.
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Globally, the human insulin market is witnessing significant growth due to increasing prevalence of diabetes and increasing awareness among people about diabetes care. In addition, technological advancements in insulin delivery devices and increasing prevalence of lifestyle related disorders such as obesity are also driving the growth of the market. However, uneven pricing and limited access to human insulin in emerging countries such as Brazil, India, and China are inhibiting the growth of the human insulin market. In addition, strict regulatory requirements for drug approval are also restraining the growth of the market. The global human insulin market was anticipated to grow from an estimated USD 24,332.6 million in 2022 to USD 49,197.3 million in 2022 at a CAGR of 12.4% during the forecast period.
Key Players:
The report has profiled some of the important players prevalent in the global like – Novo Nordisk A/S, Eli Lilly and Company, Sanofi, Biocon, Tonghua Dongbao Pharmaceutical Co., Ltd., Adocia, Merck & Co., Inc., Pfizer, Inc., Wockhardt, Julphar, Bristol-Myers Squibb Company, GlaxoSmithKline Plc and Oramed Pharmaceuticals, Inc., and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Human Insulin Market.
In North America, increasing prevalence of diabetes with growing age and availability of advanced human insulin infusion devices are driving the use of human insulin in the market.
In addition, increasing prevalence of lifestyle associated disorders such as obesity is also boosting the growth of the human insulin market in this region. For instance, according to the Centers for Diseases Control and Prevention (CDC), a U.S.-based national public health institute, over one-third children and adolescents were obese in 2012 in the U.S.
In Europe, the human insulin market is driven by rising aging population and increasing prevalence of diabetes. In addition, in Germany the market is evolving due to rising prevalence of diabetes and increasing awareness among people about diabetes care. However, in Asia-Pacific the growth for human insulin is much higher than developed countries due to increasing prevalence of diabetes and increasing government initiatives for improving healthcare.
Novo Nordisk A/S, Eli Lilly and Company, Sanofi, Biocon, Tonghua Dongbao Pharmaceutical Co., Ltd., Adocia, Merck & Co., Inc., Pfizer, Inc., Wockhardt, Julphar, Bristol-Myers Squibb Company, GlaxoSmithKline Plc and Oramed Pharmaceuticals, Inc. are some of the major players in human insulin market.
The human insulin market is segmented as follows:
Human insulin market, by type
- Traditional human insulin
- Modern human insulin
Traditional human insulin market, by type
- Short acting human insulin
- Intermediate acting human insulin
- Premixed human insulin
Modern human insulin market, by type
- Rapid-acting human insulin
- Long-acting human insulin
- Premixed human insulin
Human insulin market, by disease
- Type 1 diabetes
- Type 2 diabetes
Traditional human insulin market, by brand
- Humulin
- Insuman
- Others
Modern human insulin market, by brand
- Lantus
- Novolog
- Humalog
- Levemir
- Novomix
- Apidra
- Others
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Human Insulin Market Manufacturers
Human Insulin Market Distributors/Traders/Wholesalers
Human Insulin Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Human Insulin Market – Report Highlights
- A detailed overview of parent market of Human Insulin Market
- Changing Human Insulin Market dynamics in the industry
- In-depth segmentation of the Human Insulin Market
- Historical, current, and projected Human Insulin Market size regarding volume and value
- Recent industry trends and developments in Human Insulin Market
- Competitive landscape of the Human Insulin Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Human Insulin Market performance
- Must-have information for Human Insulin Market players to sustain and enhance their market footprint
Key Questions Answered in the Human Insulin Market Report
How is the Human Insulin Market expected to grow over the projected period?
What direction is the Human Insulin Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Human Insulin Market in future?
What are the key market drivers in the Human Insulin Market?
What are significant opportunities and improvement areas for Human Insulin Market manufacturers?
What are the key developments and trends taking over the Human Insulin Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Human Insulin Market?
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