Global Insulin API Market Growth 2023-2029
Insulin is used to treat type 1 diabetes (condition in which the body does not produce insulin and therefore cannot control the amount of sugar in the blood). It is also used to treat people with type 2 diabetes (condition in which the body does not use insulin normally and, therefore, cannot control the amount of sugar in blood) who need insulin to control their diabetes. Nowadays, Insulin as an important drug is widely used to treat diabetes.
In China and Chinese insulin market, animal insulin, called first generation insulin, has been almost replaced by new type generation insulin. Basing on the trend of China and Chinese insulin industry, this report researches the market of human insulin and insulin analogue in China.
In this report, the statistics of insulin industry is based on Insulin API, the physical features of insulin API is Freeze-dried powder. The weight unite of insulin API weight is Kg in this report.
LPI (LP Information)' newest research report, the “Insulin API Industry Forecast” looks at past sales and reviews total world Insulin API sales in 2022, providing a comprehensive analysis by region and market sector of projected Insulin API sales for 2023 through 2029. With Insulin API sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Insulin API industry.
This Insight Report provides a comprehensive analysis of the global Insulin API landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Insulin API portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Insulin API market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Insulin API and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Insulin API.
The global Insulin API market size is projected to grow from US$ 1707.6 million in 2022 to US$ 2101.4 million in 2029; it is expected to grow at a CAGR of 2101.4 from 2023 to 2029.
The major players in global Insulin API market include Novo Nordisk, Sanofi-Aventis, etc. The top 2 players occupy over 65% shares of the global market. North America and Europe are main markets, they occupy about 70% of the global market. Insulin Analogue is the main market, and occupies about 90% of the global market. Long-Acting is the main type, with a share over 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of Insulin API market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Regular Human Insulin
Insulin Analogue
Segmentation by application
Fast-Acting
Premix
Long-Acting
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Novo Nordisk
Sanofi-Aventis
Eli Lilly
Tonghua Dongbao
Ganlee
United Laboratory
Biocon
Amphastar
Wockhardt
Julphar Diabetes
Torrent Pharma
Key Questions Addressed in this Report
What is the 10-year outlook for the global Insulin API market?
What factors are driving Insulin API market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Insulin API market opportunities vary by end market size?
How does Insulin API break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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