According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Human Insulin Market - Industry Trends and Forecast to 2028 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

Global Human Insulin Market Analysis and Size

The Global Human Insulin Market is projected to grow at a CAGR of around 5.4% during the forecast period, i.e., 2023-28.

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Some of the major players operating in the Human Insulin Market are B. Braun (B. Braun Melsungen), Becton, Dickinson and Company (BD), Biocon Limited, Biodel Inc., Eli Lilly and Company, Julphar (Gulf Pharmaceutical Industry), Novo Nordisk A/S, Sanofi, Wockhardt Ltd., The Ypsomed Group, Others.

Human Insulin Market Growth Driver:

Surging Prevalence of Diabetes and Increased Insulin Product Launches - Diabetes cases are dramatically rising due to obesity and a sedentary lifestyle. Additionally, diabetes now affects all age groups, expanding the need for treatment and care. Moreover, the significant number of new product launches and higher utilization of insulin is further pushing the market forward. Major participants are introducing numerous new products, and manufacturers focus on creating unique products, driving industrial growth. For instance,

  • In May 2022, Eli Lilly and Company got approved for their Mounjaro injection, which helps Type 2 diabetes patients improve their glycemic control

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Market Segment and Geographical Analysis

By Product Type

  • Human Insulin Drugs
    • Insulin Analogs & Biosimilars
      • Long Acting Biosimilars
      • Rapid Acting Biosimilars
      • Premixed Biosimilars
    • Human Insulin Biologics
      • Short Acting Biologics
      • Intermediate Acting Biologics
      • Premixed Biologics
    • Human Insulin Delivery Devices
      • Syringes
      • Pens
        • Disposable Pens
        • Reusable Pens
      • Pen Needles
        • Standard Pen Needles
        • Safety Pen Needles

By Application

  • Type I Diabetes
  • Type II Diabetes

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

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