Asia-Pacific Human Insulin Market Breakdown By Size, Share, Growth, Trends, and Industry 2030- MarkNtel Advisors
According to Markntel Advisors Report, Asia-Pacific Human Insulin Market is expected to grow at a significant growth rate, and the analysis period is 2024-2030, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Insulin is a hormone
produced by the pancreas that regulates blood sugar levels in the body. It
mainly functions by aiding the transfer of sugar from the bloodstream to
various body tissues, where it is utilized as energy. In medicine, human
insulin is commonly manufactured using genetic engineering methods. This
synthetic insulin is indistinguishable from the insulin naturally created by
the human body. It is employed in diabetes treatment to substitute or
complement the body's insulin production, aiding in the management of blood
sugar levels & the prevention of diabetes-related complications.
.
Global Asia-Pacific Human Insulin
Market Research Report & Summary:
The Asia-Pacific Human Insulin Market is estimated to grow at a CAGR of around 8.12% during the forecast
period, i.e., 2024-30.
Time Period
Captured in the Report:
·
Historical
Years: 2019-22
·
Base
Years: 2023
·
Forecast
Years: 2024-2030
Who are the Key Players Operating in the Asia-Pacific
Human Insulin Market?
The top
companies of the Asia-Pacific Human Insulin Market ruling the industry
are:
Becton, Dickinson and
Company (BD), Biocon Limited, Eli Lilly and Company, Gan & Lee
Pharmaceuticals, Wockhardt Limited, Lupin Limited, Novo Nordisk A/S, Eris
Lifesciences, Sanofi, Tonghua Dongbao Pharmaceutical Co., Ltd, and others
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Asia-Pacific
Human Insulin Industry Recent Development:
·
2023: Novo Nordisk, launched once-a-week insulin regime for Indian
patients. The company is conducting trials in around 27 sites involving 217
patients in India.
What is Included in Asia-Pacific Human Insulin
Market Segmentation?
The Asia-Pacific Human Insulin Market explores
the industry by emphasizing the growth parameters and categorizes including
geographical segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
-By Type
-Human Insulin Biologics - Market Size & Forecast 2019-2030, USD
Million
-Intermediate Acting- Market Size & Forecast 2019-2030, USD Million
-Short Acting- Market Size & Forecast 2019-2030, USD Million
-Premixed- Market Size & Forecast 2019-2030, USD Million
-Insulin Analogue & Biosimilar - Market Size & Forecast
2019-2030, USD Million
-Long Acting- Market Size & Forecast 2019-2030, USD Million
-Rapid Acting- Market Size & Forecast 2019-2030, USD Million
-Premixed- Market Size & Forecast 2019-2030, USD Million
-By Application
-Diabetes Type 1- Market Size & Forecast 2019-2030, USD Million
-Diabetes Type 2- Market Size & Forecast 2019-2030, USD Million
-By End Users
-Hospital/Clinics- Market Size & Forecast 2019-2030, USD Million
-Home/Personal- Market Size & Forecast 2019-2030, USD Million
-By Distribution Channel
-Hospital Pharmacies- Market Size & Forecast 2019-2030, USD Million
-Retail Pharmacies- Market Size & Forecast 2019-2030, USD Million
-Online Pharmacies- Market Size & Forecast 2019-2030, USD Million
-By Country
-China
-Japan
-India
-Australia
-South Korea
-Thailand
-Rest of Asia-Pacific
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Market Dynamics -Global Asia-Pacific
Human Insulin Market:
Surging Prevalence of Diabetes Boosting the Human Insulin Market – The
Asia-Pacific Human Insulin Market has witnessed robust growth driven by a surge
in diabetes prevalence over the historical years. This has been primarily
attributed to factors such as changing lifestyles, increased obesity rates, and
an aging population. Asia-Pacific aging demographics have also played a pivotal
role as older individuals are more prone to diabetes. According to the Economic
and Social Commission for Asia and the Pacific, the number of older persons is
projected to more than double, from around 630 million in 2020 to about 1.3 billion
by 2050. Hence, as the world experiences a demographic shift towards an older
age structure, the prevalence of diabetes is on the rise. This demographic
trend amplifies the demand for human insulin, which has aided in driving the
Asia-Pacific Human Insulin Market.
Rising Focus on Preventive Healthcare Among Consumers –
The Asia-Pacific region is putting more emphasis on preventive healthcare and
disease management, such as promoting healthy lifestyles and early detection
and intervention for diabetes. This presents opportunities for companies to
develop and market insulin products that are consistent with preventive care
and disease management strategies.
In addition, early detection & screening programs for diabetes and
its complications, such as retinopathy and nephropathy, are becoming
increasingly prevalent in the Asia-Pacific region. These programs aim to detect
diabetes at an early stage when interventions are most effective in preventing
or delaying disease progression. Hence, insulin products that offer fast-acting
formulations or convenient administration methods facilitate early detection
& monitoring, enhancing patient outcomes & reducing the burden of
diabetes-related complications, further anticipated to enhance the market size
during 2024-30.
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