[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Insulin Market Size, Trends, Analysis, and Outlook By Product (Rapid-Acting Insulin, Long-Acting Insulin, Combination Insulin, Biosimilar, Others), By Type (Human Insulin, Insulin Analog), By Application (Type 1 Diabetes Mellitus, Type 2 Diabetes Mellitus), By Distribution Channel (Hospitals, Retail Pharmacies, Others), by Region, Country, Segment, and Companies, 2024-2030

March 2024 | 190 pages | ID: I021A5764196EN
VPAResearch

US$ 3,980.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global Insulin market size is poised to register 2.66% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Insulin market across By Product (Rapid-Acting Insulin, Long-Acting Insulin, Combination Insulin, Biosimilar, Others), By Type (Human Insulin, Insulin Analog), By Application (Type 1 Diabetes Mellitus, Type 2 Diabetes Mellitus), By Distribution Channel (Hospitals, Retail Pharmacies, Others).

The insulin market is witnessing steady growth, driven by increasing prevalence of diabetes, expanding indications for insulin therapy, and advancements in insulin analogs and delivery devices. Insulin is a hormone produced by the pancreas that regulates blood sugar levels by facilitating glucose uptake into cells for energy metabolism and storage, and promoting glycogen synthesis in the liver and muscle tissues. With a growing burden of type 1 diabetes, type 2 diabetes, and gestational diabetes worldwide, healthcare providers, endocrinologists, and diabetes educators are prescribing insulin therapy to achieve glycemic control, prevent complications, and improve long-term outcomes for patients with diabetes. Moreover, advancements in recombinant DNA technology, protein engineering, and insulin formulation science are driving market expansion, offering new opportunities to develop rapid-acting insulins, long-acting insulins, and ultra-rapid insulins with improved pharmacokinetic profiles and reduced risk of hypoglycemia. Additionally, collaborations between pharmaceutical companies, medical device manufacturers, and diabetes research organizations are driving innovation in insulin delivery systems, fostering the development of smart insulin pens, insulin pumps, and closed-loop insulin delivery systems to enhance patient adherence, dosing accuracy, and treatment satisfaction. Additionally, collaborations between pharmaceutical companies, medical device manufacturers, and diabetes research organizations are driving innovation in insulin delivery systems, fostering the development of smart insulin pens, insulin pumps, and closed-loop insulin delivery systems to enhance patient adherence, dosing accuracy, and treatment satisfaction.

Insulin Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Insulin market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Insulin survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Insulin industry.

Key market trends defining the global Insulin demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Insulin Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The Insulin industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Insulin companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Insulin industry

Leading Insulin companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Insulin companies.

Insulin Market Study- Strategic Analysis Review

The Insulin market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Insulin Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Insulin industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Insulin Country Analysis and Revenue Outlook to 2030

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Insulin Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Insulin market segments. Similarly, Strong end-user demand is encouraging Canadian Insulin companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Insulin market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Insulin Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Insulin industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Insulin market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Insulin Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Insulin in Asia Pacific. In particular, China, India, and South East Asian Insulin markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Insulin Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Insulin Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Insulin market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Insulin.

Insulin Market Company Profiles

The global Insulin market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Biocon Ltd, Boehringer Ingelheim International GmbH, Eli Lilly and Company, Julphar, Novo Nordisk A/S, Sanofi, Tonghua Dongbao Pharmaceutical Co. Ltd, United Laboratories International Holdings Ltd, Wockhardt

Recent Insulin Market Developments

The global Insulin market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Insulin Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Product

Rapid-Acting Insulin

Long-Acting Insulin

Combination Insulin

Biosimilar

Others

By Type

Human Insulin

Insulin Analog

By Application

Type 1 Diabetes Mellitus

Type 2 Diabetes Mellitus

By Distribution Channel

Hospitals

Retail Pharmacies

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Biocon Ltd

Boehringer Ingelheim International GmbH

Eli Lilly and Company

Julphar

Novo Nordisk A/S

Sanofi

Tonghua Dongbao Pharmaceutical Co. Ltd

United Laboratories International Holdings Ltd

Wockhardt

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Insulin Market Overview and Key Findings, 2024
1.2 Insulin Market Size and Growth Outlook, 2021- 2030
1.3 Insulin Market Growth Opportunities to 2030
1.4 Key Insulin Market Trends and Challenges
  1.4.1 Insulin Market Drivers and Trends
  1.4.2 Insulin Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Insulin Companies

2. INSULIN MARKET SIZE OUTLOOK TO 2030

2.1 Insulin Market Size Outlook, USD Million, 2021- 2030
2.2 Insulin Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. INSULIN MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. INSULIN MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Product
Rapid-Acting Insulin
Long-Acting Insulin
Combination Insulin
Biosimilar
Others
By Type
Human Insulin
Insulin Analog
By Application
Type 1 Diabetes Mellitus
Type 2 Diabetes Mellitus
By Distribution Channel
Hospitals
Retail Pharmacies
Others
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Insulin Market, 2025
5.2 Asia Pacific Insulin Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Insulin Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Insulin Market, 2025
5.5 Europe Insulin Market Size Outlook by Type, 2021- 2030
5.6 Europe Insulin Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Insulin Market, 2025
5.8 North America Insulin Market Size Outlook by Type, 2021- 2030
5.9 North America Insulin Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Insulin Market, 2025
5.11 South America Pacific Insulin Market Size Outlook by Type, 2021- 2030
5.12 South America Insulin Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Insulin Market, 2025
5.14 Middle East Africa Insulin Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Insulin Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Insulin Market Size Outlook and Revenue Growth Forecasts
6.2 US Insulin Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Insulin Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Insulin Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Insulin Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Insulin Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Insulin Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Insulin Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Insulin Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Insulin Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Insulin Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Insulin Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Insulin Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Insulin Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Insulin Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Insulin Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Insulin Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Insulin Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Insulin Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Insulin Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Insulin Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Insulin Industry Drivers and Opportunities

7. INSULIN MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. INSULIN COMPANY PROFILES

8.1 Profiles of Leading Insulin Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Biocon Ltd
Boehringer Ingelheim International GmbH
Eli Lilly and Company
Julphar
Novo Nordisk A/S
Sanofi
Tonghua Dongbao Pharmaceutical Co. Ltd
United Laboratories International Holdings Ltd
Wockhardt

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


More Publications