GrandViewResearch.com has announced the addition of "Global Insulin Market Analysis And Segment Forecasts To 2020" Market Research report to their Database.
May 5, 2014 (Newswire) - The global market for insulin is expected to reach USD 47.54 billion by 2020, according to a new study by Grand View Research, Inc. Growing global prevalence of type I and type II diabetes and the presence of high unmet needs in emerging markets such as India and China are expected to be two of the most significant growth drivers of this market. Moreover, increasing incidence rates of lifestyle induced diseases such as obesity and growing global geriatric population base are expected to serve the global insulin market as drivers.
The global intermediate and long acting insulin segments were two of the largest markets in 2013 and together accounted for over 45% of the overall revenue. Higher efficacy exhibited by these segments in terms of insulin peak time is one of the major factors accounting for their large market shares.
The report "Insulin Market Analysis And Segment Forecasts To 2020," is available now to Grand View Research customers and can also be purchased directly at grandviewresearch.com/industry-analysis/insulin-market
Inquiry Before Buying @ grandviewresearch.com/inquiry/337
Further key findings from the study suggest:
1. Insulin analogs were the most dominant source in 2013 and accounted for over 70% of the revenue. These products are rapidly substituting the human recombinant insulin products by exhibiting higher efficacy.
2. North America was the largest regional market in 2013, accounting for over 40% of global revenue. The presence of sophisticated healthcare infrastructure, high type I diabetes prevalence and patient disposable incomes in this region are some of the factors expected to drive market growth. Emerging markets including Asia Pacific accounted for 26.5% of global revenue in 2013.
3. Asia Pacific insulin market is expected to grow at the highest CAGR of over 15% from 2014 to 2020 on account of the presence of high unmet medical needs pertaining to diabetes and increasing healthcare expenditures in emerging markets such as India and China
4. Key industry participants include Sanofi, Novo Nordisk, Eli Lilly, Novartis, Biocon, Oramed Pharmaceuticals, Bristol-Myers Squibb, Takeda Pharmaceuticals, Dongbao Enterprise Group Co., Ltd. and others.
Request Free Sample of This Report @ grandviewresearch.com/industry-analysis/insulin-market/request
For the purpose of this study, Grand View Research has segmented the global insulin market on the basis of product, segment (on the basis of source), application and region:
i. Insulin Product Outlook
- Fast Acting Insulin
- Short Acting Insulin
- Intermediate Acting Insulin
- Long Acting Insulin
- Pre-Mixed Insulin
ii. Insulin Segment (on the basis of source) Outlook
- Insulin Analogs
- Human Recombinant Insulin
iii. Insulin Application Outlook
- Insulin for Type I Diabetes
- Insulin for Type II Diabetes
iv. Insulin Regional Outlook
- North America
- Asia Pacific
Latest Market Research Published By Grand View Research:
Advanced Phase Change Materials (APCM) Market Analysis By Application (Building & Construction, Commercial Refrigeration, HVAC, Energy Storage And Shipping & Transportation) And Segment Forecasts To 2020 ( grandviewresearch.com/industry-analysis/advanced-phase-change-materials-apcm-market ) global market for advanced phase change material is expected to reach USD 1,765.8 million by 2020, according to a new study by Grand View Research, Inc. Growing need to conserve energy across various industries and sector is expected to be one of the major driving factors for the market.
Software Defined Networking (SDN) Market Analysis By End Users (Enterprises, Cloud Service Providers, Telecommunications Service Providers), By Solutions (SDN Switching, SDN Controllers, Cloud Virtualization Applications) And Segment Forecasts To 2020 ( grandviewresearch.com/industry-analysis/software-defined-networking-sdn-market-analysis ) global market for Software Defined Networking (SDN) is expected to reach USD 4,909.8 million by 2020, according to a new study by Grand View Research, Inc. Increasing demand for mobility and proliferation of mobile devices is expected to fuel the market over the next six years. Grand View Research also observes that the need to implement cloud computing services in an effective manner is expected to positively impact the industry on a global level.
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit grandviewresearch.com
Sherry James, Corporate Sales Specialist
Grand View Research, Inc
San Francisco, California, USA
Toll Free: 1-888-202-9519