NEW YORK, December 14, 2015 /PRNewswire/ --
Human insulin in the report refers to synthetic insulin manufactured in laboratories by growing insulin protein with the help of E. coli bacteria.
Increasing usage of insulin pens for the administration of insulin helps to inject insulin accurately. In addition, growing demand of biosimilar drugs due to its cost effectiveness is an opportunity for the growth of the market.
Human insulin market is growing moderately due to increase in prevalence of diabetic population, rise in geriatric population, rising awareness of diabetes and rising prevalence of obesity. However, strict regulatory requirements for approval of insulin and high cost of analog are inhibiting the growth of the global human insulin market.
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Globally, modern human insulin has the largest market share and is also the fastest growing human insulin type. In addition, long acting human insulin has the largest market share in the modern human insulin market, and premixed human insulin is the fastest growing modern human insulin in the market. Long acting human insulin is prescribed by physicians for the treatment of type 2 diabetes. It is absorbed slowly and works for long time to control the sugar level between meal and sleep.
Key findings of Human Insulin Market:
- Increasing prevalence of diabetic population, rising prevalence of obesity, and rise in geriatric population are major factors driving the growth of the human insulin market
- Strict regulatory requirements for approval of insulin and high cost of insulin analog inhibits the growth of the human insulin market
- Geographically, North America has the largest share in global human insulin market, while Asia-Pacific has emerged as the fastest growing region
- Based on the type, modern human insulin has the largest market share in the human insulin market
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Human Insulin Market Segmentation
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
- Long acting human insulin
- Rapid acting human insulin
- Premixed human insulin
Human Insulin Market by Brand
Human Insulin Market by Region
- North America
- The U.S.
- The U.K.
- Rest of the World (ROW)
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