Uploaded on Dec 10, 2021
Increase in population suffering from diabetes due to the unhealthy lifestyle has caused the need for proper insulin drugs and delivery devices due to its resulting treatment of diabetes. Insulin is used for the treatment or control of rising sugar levels in the body caused by patients suffering from diabetes. Insulin drugs are either orally consumed or through delivery devices with the help of syringes, or needles. There is recent development in the market for inhaling of insulin through pumps, which is expected to drive the market growth due to the need for syringe free insulin delivery.
Human Insulin Drugs and Delivery Devices Market Research Report and Overview
Human Insulin Drugs and Delivery Devices Market
Research Report and Overview
Human Insulin Drugs and Delivery Devices Market, By Product (HI Drugs, HI Delivery
Devices), Drugs (Insulin Analogs & Biosimilar, HI Biologics), Delivery Device (Syringes,
Pens, Pen Needles), Application (Type I Diabetes, Type II Diabetes), Geography (North
America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends
and Forecast to 2026
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Market Analysis and Insights
Global human insulin drugs and delivery devices market is set to rise from its initial
estimated value of USD 33.78 billion in 2018 to an estimated value of USD 61.38 billion
by 2026, registering a CAGR of 7.75% in the forecast period of 2019-2026. This rise in
market value can be attributed to the growing incidences of diabetes and diabetic
patients worldwide. Rising incidences of diabetes can be related to the unhealthy living
and eating lifestyle of the major percentage of the population.
Increase in population suffering from diabetes due to the unhealthy lifestyle has caused
the need for proper insulin drugs and delivery devices due to its resulting treatment of
diabetes. Insulin is used for the treatment or control of rising sugar levels in the body
caused by patients suffering from diabetes. Insulin drugs are either orally consumed or
through delivery devices with the help of syringes, or needles. There is recent
development in the market for inhaling of insulin through pumps, which is expected to
drive the market growth due to the need for syringe free insulin delivery.
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Major Key Players
Some of the major players operating in this market are :
• Novo Nordisk A/S
• Eli Lilly and Company
• Sanofi
• B. Braun Melsungen AG
• BD
• Biocon
• Albireo Pharma Inc.
• Julphar, WOCKHARDT
• CeQur SA, Ypsomed
• AstraZeneca
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Market Segmentation
• By Product (HI Drugs, HI Delivery Devices)
• By Drugs (Insulin Analogs & Biosimilar, HI Biologics)
• By Application (Type I Diabetes, Type II Diabetes)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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