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 Asia-Pacific Human Insulin Market - Industry Trends and Forecast to 2030 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 Asia-Pacific Human Insulin Market Analysis and Size
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.
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Some of the major players operating in the Asia-Pacific Human Insulin Market 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.
Asia-Pacific Human Insulin Market Growth Driver:
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.
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Market Segment and Geographical Analysis
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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