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(Health-NewsWire.Net, September 10, 2015 ) Human insulin in the report refers to synthetic insulin manufactured in laboratories by growing insulin protein with the help of E. coli bacteria.
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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List of Tables:
TABLE 1 Specific primary and secondary sources used for this publication
TABLE 2 Global human insulin market snapshot (2015 and 2020)
TABLE 3 Drivers for the market: Impact analysis
TABLE 4 Restraints for the market: Impact analysis
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List of Figures:
FIG. 1 Market scope for global human insulin market
FIG. 2 Research methodologies for global human insulin market
FIG. 3 Production of human insulin
FIG. 4 aging population in major regions, in % (2000 – 2050)
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.
The key competitors in the human insulin market include Sanofi, Novo Nordisk A/S, Eli Lilly and Company, GlaxoSmithKline Plc, Pfizer, Inc., Merck & Co., and Julphar.
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