Human Insulin Market Research Report - Forecast till 2030

Human Insulin Market: Information by Type (Traditional Human Insulin (Premixed Traditional, Intermediate Acting and Short-Acting), Modern Human Insulin (Premixed Modern, Long-Acting and Rapid Acting) and Brand (Lantus, Novorapid, Humalog, Novomix, Levemir, Apidar, Humulin and Insuman)) - Forecast till 2030

ID: MRFR/Pharma/0445-CR | February 2021 | Region: Global | 117 Pages         

1 Report Prologue

2 Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3 Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

4 Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Macroeconomic Indicators

4.5 Trends & Assessment

5 Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Opportunities

6 Human Insulin Market, by Type

6.1 Introduction

6.2 Traditional Human Insulin

6.2.1 Premixed Traditional

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.2.2 Intermediate Acting

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.2.3 Short Acting

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.3 Modern Human Insulin

6.3.1 Premixed Modern

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.3.2 Long Acting

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.3.3 Rapid Acting

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7 Human Insulin Market, by Brand

7.1 Introduction

7.2 Lantus

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.3 Novorapid

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.4 Humalog

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.5 Novomix

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.6 Levemir

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.7 Apidar

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.8 Humulin

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.9 Insuman

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

8 Global Human Insulin Market, by Region

8.1 Introduction

8.2 Americas

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.2.1 North America

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.2.1.1 US

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.2.1.2 Canada

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.2.2 South America

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.3 Europe

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.3.1 Western Europe

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.3.1.1 Germany

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.3.1.2 France

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.3.1.3 Italy

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.3.1.4 Spain

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.3.1.5 UK

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.3.1.6 Rest of Western Europe

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.3.2 Eastern Europe

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.4 Asia-Pacific

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.4.1 Japan

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.4.2 China

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.4.3 India

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.4.4 Australia

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.4.5 South Korea

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.4.6 Rest of Asia-Pacific

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.5 Middle East & Africa

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.5.1 Middle East

Human Insulin Market, by Type

Human Insulin Market, by Brand

8.5.2 Africa

Human Insulin Market, by Type

Human Insulin Market, by Brand

9 Company Landscape

9.1 Introduction

9.2 Market Share Analysis

9.3 Key Development & Strategies

10 Company Profiles

10.1 ADOCIA

10.1.1 Company Overview

10.1.2 Product Overview

10.1.3 Financials Overview

10.1.4 Key Developments

10.1.5 SWOT Analysis

10.2 MERCK & CO., INC.

10.2.1 Company Overview

10.2.2 Product Overview

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.3 Julphar

10.3.1 Company Overview

10.3.2 Product Overview

10.3.3 Financial Overview

10.3.4 Key Development

10.3.5 SWOT Analysis

10.4 Pfizer Inc.

10.4.1 Company Overview

10.4.2 Product Overview

10.4.3 Financial Overview

10.4.4 Key Development

10.4.5 SWOT Analysis

10.5 Bristol-Myers Squibb Company

10.5.1 Company Overview

10.5.2 Product Overview

10.5.3 Financial overview

10.5.4 Key Developments

10.5.5 SWOT Analysis

10.6 GLAXOSMITHKLINE PLC

10.6.1 Company Overview

10.6.2 Product Overview

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 SWOT Analysis

10.7 SANOFI

10.7.1 Overview

10.7.2 Product Overview

10.7.3 Financials

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.8 Oramed

10.8.1 Overview

10.8.2 Product Overview

10.8.3 Financials

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.9 Novo Nordisk India Pvt. Ltd

10.9.1 Overview

10.9.2 Product Overview

10.9.3 Financials

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.10 Eli Lilly and Company

10.10.1 Overview

10.10.2 Product Overview

10.10.3 Financials

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.11 BIOCON

10.11.1 Overview

10.11.2 Product Overview

10.11.3 Financials

10.11.4 Key Developments

10.11.5 SWOT Analysis

10.12 Tonghua Dongbao Pharmaceutical Co., Ltd

10.12.1 Overview

10.12.2 Product Overview

10.12.3 Financials

10.12.4 Key Developments

10.12.5 SWOT Analysis

10.13 Others

11 MRFR Conclusion

11.1 Key Findings

11.1.1 From CEO’s Viewpoint

11.1.2 Unmet Needs of the Market

11.2 Key Companies to Watch

11.3 Predictions for the global Human Insulin market

12 Appendix

13 LIST OF TABLES

Table 1 Human Insulin Market Synopsis, 2020–2027

Table 2 Human Insulin Market Estimates and Forecast, 2020–2027 (USD Million)

Table 3 Global Human Insulin Market, by Region, 2020–2027 (USD Million)

Table 4 Global Human Insulin Market, by Type, 2020–2027 (USD Million)

Table 5 Global Human Insulin Market, by Brand, 2020–2027 (USD Million)

Table 6 North America: Human Insulin Market, by Type, 2020–2027 (USD Million)

Table 7 North America: Human Insulin Market, by Brand, 2020–2027 (USD Million)

Table 8 US: Human Insulin Market, by Type, 2020–2027 (USD Million)

Table 9 US: Human Insulin Market, by Brand, 2020–2027 (USD Million)

Table 10 Canada: Human Insulin Market, by Type, 2020–2027 (USD Million)

Table 11 Canada: Human Insulin Market, by Brand, 2020–2027 (USD Million)

Table 12 South America: Human Insulin Market, by Type, 2020–2027 (USD Million)

Table 13 South America: Human Insulin Market, by Brand, 2020–2027 (USD Million)

Table 14 Europe: Human Insulin Market, by Type, 2020–2027 (USD Million)

Table 15 Europe: Human Insulin Market, by Brand, 2020–2027 (USD Million)

Table 16 Western Europe: Human Insulin Market, by Type, 2020–2027 (USD Million)

Table 17 Western Europe: Human Insulin Market, by Brand, 2020–2027 (USD Million)

Table 18 Eastern Europe: Human Insulin Market, by Type, 2020–2027 (USD Million)

Table 19 Eastern Europe: Human Insulin Market, by Brand, 2020–2027 (USD Million)

Table 20 Asia-Pacific: Human Insulin Market, by Type, 2020–2027 (USD Million)

Table 21 Asia-Pacific: Human Insulin Market, by Brand, 2020–2027 (USD Million)

Table 22 Middle East & Africa: Human Insulin Market, by Type, 2020–2027 (USD Million)

Table 23 Middle East & Africa: Human Insulin Market, by Brand, 2020–2027 (USD Million)

14 LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Human Insulin Market

Figure 3 Market Dynamics for Global Human Insulin Market

Figure 4 Human Insulin Market Share, by Type, 2020

Figure 5 Human Insulin Market Share, by Brand, 2020

Figure 6 Human Insulin Market Share, by Region, 2020

Figure 7 North America: Human Insulin Market Share, by Country, 2020

Figure 8 Europe: Human Insulin Market Share, by Country, 2020

Figure 9 Asia-Pacific: Human Insulin Market Share, by Country, 2020

Figure 10 Middle East & Africa: Human Insulin Market Share, by Region, 2020

Figure 11 Human Insulin Market: Company Share Analysis, 2020 (%)

Figure 12 ADOCIA: Key Financials

Figure 13 ADOCIA: Segmental Revenue

Figure 14 ADOCIA: Geographical Revenue

Figure 15 MERCK & CO., INC.: Key Financials

Figure 16 MERCK & CO., INC.: Segmental Revenue

Figure 17 MERCK & CO., INC.: Geographical Revenue

Figure 18 Julphar: Key Financials

Figure 19 Julphar: Segmental Revenue

Figure 20 Julphar: Geographical Revenue

Figure 21 Pfizer Inc.: Key Financials

Figure 22 Pfizer Inc.: Segmental Revenue

Figure 23 Pfizer Inc.: Geographical Revenue

Figure 24 Bristol-Myers Squibb Company: Key Financials

Figure 25 Bristol-Myers Squibb Company: Segmental Revenue

Figure 26 Bristol-Myers Squibb Company: Geographical Revenue

Figure 27 GLAXOSMITHKLINE PLC: Key Financials

Figure 28 GLAXOSMITHKLINE PLC: Segmental Revenue

Figure 29 GLAXOSMITHKLINE PLC: Geographical Revenue

Figure 30 Oramed: Key Financials

Figure 31 Oramed: Segmental Revenue

Figure 32 Oramed: Geographical Revenue

Figure 33 Novo Nordisk India Pvt Ltd: Key Financials

Figure 34 Novo Nordisk India Pvt Ltd: Segmental Revenue

Figure 35 Novo Nordisk India Pvt Ltd: Geographical Revenue

Figure 36 Eli Lilly and Company: Key Financials

Figure 37 Eli Lilly and Company: Segmental Revenue

Figure 38 Eli Lilly and Company: Geographical Revenue

Figure 39 SANOFI: Key Financials

Figure 40 SANOFI: Segmental Revenue

Figure 41 SANOFI: Geographical Revenue

Figure 42 BIOCON: Key Financials

Figure 43 BIOCON: Segmental Revenue

Figure 44 BIOCON: Geographical Revenue

Figure 45 Tonghua Dongbao Pharmaceutical Co., Ltd.: Key Financials

Figure 46 Tonghua Dongbao Pharmaceutical Co., Ltd.: Segmental Revenue

Figure 47 Tonghua Dongbao Pharmaceutical Co., Ltd.: Geographical Revenue

Human Insulin Market

Global Human Insulin Market is expected to grow at CAGR of 11.91% to reach USD 156478.39 Million till 2030

Segmentation

By Type Traditional Human Insulin Modern Human Insulin
By Brand Lantus Novorapid Humalog Novomix Levemir Apidar Humulin Insuman

Key Players

  • Adocia
  • Merck & Co.Inc
  • Julphar
  • Pfizer Inc.
  • Bristol-Myers Squibb Company
  • GlaxoSmithKline Plc
  • Sanofi

Drivers

  • Increasing prevalence of diabetes
  • rising obesity endemic
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Human Insulin Market Analysis 


Market Research Future (MRFR) expects the human insulin market to attain a 11.91% CAGR between 2020 and 2030. The market size could touch USD 156478.39 Million by 2030.


Diabetes is a major lifestyle-related condition that has affected a massive population worldwide. The burden of the disorder continues to surge as the worldwide population explodes. Around 100 million people worldwide require insulin, including those that suffer from Type 1 diabetes while between 15-30% of those patients are Type 2 diabetes.


Despite insulin being the primary form of treatment for diabetes, majority of that that require insulin are still unable to afford and have easy access to it. The significant costs associated with insulin analogs remains a huge factor restraining the market growth. Moreover, patients affected by diabetes are required to regularly take insulin supplements, throughout their lifetime, putting substantial financial burden on them.


However, extensive research and development in the insulin segment has risen incredibly over the years, with researchers working on developing suitable molecules for patients' use. This could help bring down chances of side effects, and enhance their efficiency. Therefore, the surging prevalence of diabetes along with obesity across the world would augment the market demand in the next few years.


Covid 19 Analysis


Covid 19 had a profound impact on the human insulin market. Due to restrictions in travel and movement of goods, there were wide disruptions in the supply chain. Moreover, the temporary shut down of manufacturing units to curb the virus spread decreased the production rate. Thus, there was a huge shortage of human insulin worldwide for a short period. However, the human insulin market has shown rapid recovery post covid period.  


Market Dynamics


Drivers


The increasing prevalence of diabetes is the key factor driving the human insulin market growth. The percentage of the population suffering from obesity & diabetes has risen significantly owing to change in lifestyle and dietary habits. This is, in turn, raising the demand for human insulin.


There has been a remarkable development in insulin production technology which is further increasing its adoption rate. Newer technologies such as recombinant DNA technology have enabled mass production of insulin to meet the huge demand. Thus, this has made insulin affordable and available to reach a wider population. The ongoing research activities are also likely to increase the market value further. 


The rising disposable income of people is too a major contributor to the rising demand for insulin. Moreover, increasing awareness about the disease and easy acceptance is supporting the growth of the human insulin market.  


Restraints


The high cost of insulin analogs is the major factor hindering the human insulin market growth. Additionally, the patients suffering from diabetes need to take insulin supplements regularly, forever for their lifetime which puts a financial burden on the individuals. The need for highly skilled manpower and sophisticated manufacturing infrastructure increases the manufacturing cost. Furthermore, strict regulatory requirements for insulin approval are also a potential restraining factor. 


Technology Analysis


Human insulin is synthetic insulin manufactured in the industry to mimic natural insulin produced by the pancreatic cells in our body. It is used as an insulin supplement to treat diabetes. Insulin is a vital hormone in our body that helps in controlling blood sugar levels and the metabolism of carbohydrates, proteins, and fat.  


Human Insulin is manufactured using recombinant DNA technology by inserting an insulin-producing gene into e-coli bacteria as the host. It is used as a subcutaneous injection in the fat layer of the skin. The final product is available in vials and can be injected through syringes, insulin pumps, insulin jets, etc.   


Study Objectives


This report aims to provide a complete overview of the Human Insulin market. The specific objectives of this market report are given below: 



  • To provide a complete overview of the Human Insulin market.

  • To analyze and forecast the Human Insulin market in terms of value and volume.

  • To provide information about the impact of covid 19 on the market.

  • To identify the problems and prospects of the Human Insulin market

  • To give details about the technological know-how of human insulin.

  • To provide complete information about the regional markets and potentially growing segments.

  • To identify the key players of the human insulin industry. 


Segment Analysis 


Segmentation of the human insulin Market, by Type



  • Traditional Human Insulin

    • premixed traditional

    • Intermediate-acting

    • Short-acting 





  • Modern Human Insulin

    • Premixed modern

    • Long-acting

    • Rapid-acting




Modern human insulin is the leading market segment. The greater advantages of modern insulin especially properties like rapid action and higher efficiency increase its market value. Modern human insulin, also known as analog insulin, has a more predictable duration of action than the traditional types. 


Segmentation of the human insulin market, By Applications



  • Type 1 Diabetes

  • Type 2 Diabetes

  • Gestational

  • Prediabetes


Type - 1 diabetes leads the market segment owing to the need for regular administration of insulin. This type of diabetes is also known as insulin-dependent diabetes. In this case, pancreatic cells produce less or no insulin which raises the need for artificial supplementation.


However, type 2- diabetes is more prevalent among the other types. A study finds that about 95 % of diabetic patients suffer from type 2 diabetes. It occurs when our body doesn't make enough insulin to fulfill the body's need or is not able to utilize Insulin properties. In this case, the patient may control blood sugar level through his diet and only requires insulin in severe cases.  


Segmentation of the Human insulin market, By Brand



  • Humulin

  • Actrapid

  • Insumoc

  • Humalog

  • Apidra

  • Lantus

  • Novomix

  • Others


Among different brands, Lantus is the leading Insulin brand.  It is a long-acting insulin analog and is available in more than 120 countries. However, Apidra and Levemir are the fastest-growing market segments. The Apidra is a rapidly acting analog insulin type and Levemir is a long-acting insulin analog used as base insulin. Moreover, there is stiff competition among different brands which will bring a positive effect on the market.  


Regional Analysis 


The different regional markets for the Human Insulin market are: 



  • Americas

  • North America

    • US

    • Canada

    • Mexico



  • South America

    • Argentina

    • Brazil 





  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Rest of Europe 





  • Asia-Pacific

    • China

    • India

    • Japan

    • Australia & New Zealand

    • Rest of Asia-Pacific 





  • Rest of the world ( RoW )

    • The Middle East 




Americas occupy the lead market position owing to the greater prevalence of diabetes in this region. The rising geriatric and obese population are likely to increase the demand for insulin in this region as they are the most sufferer of diabetes. Moreover, high government expenditure on healthcare infrastructure and services provides a favorable environment for market growth.  


Asia-pacific is the fastest growing market segment. This region also houses nearly 60 percent of the world's diabetic population. Moreover, increasing the disposable income of people and improving healthcare infrastructure are fueling the market growth. Furthermore,  Fast modernization and change in lifestyle are increasing the prevalence of diabetes in this region. Moreover, the widespread presence of pharmaceutical industries and insulin manufacturing companies will boost the market growth in this region. 


Europe with a large geriatric population holds a significant share in the human insulin market. According to a report, around 60 million people in Europe suffer from diabetes. Moreover, the good presence of medical research institutes and insulin manufacturing companies makes this region a leader in the insulin trade. The Middle East and Africa segment are expected to show moderate growth over the forecast period. 


Competitive Landscape 


The major global companies playing a key role in the Human Insulin market are :



  • Adocia

  • Merck & Co.Inc

  • Julphar

  • Pfizer Inc.

  • Bristol-Myers Squibb Company

  • GlaxoSmithKline Plc

  • Sanofi

  • Oramed

  • Novo Nordisk India Pvt. Ltd.

  • Eli Lilly and Company

  • Biocon

  • Tonghua Dongbao Pharmaceutical Co., Ltd. 


Recent Developments


February 2022


Tandem Diabetes Care’s new t:connect mobile app has gotten the FDA clearance. The app helps in controlling bolus insulin dosing, says the San Diego-based diabetes tech developer. Patients that use t:slim X2 insulin pump will have access to the app to either cancel or program bolus requests, delivering an additional dose of short- or rapid-acting insulin during mealtimes to monitor the blood sugar levels.


February 2022


Biocon has entered a partnership with Viatris (previously known as Mylan) for the development and commercialization of an extensive range of insulin and biosimilar products including human insulin, aspart; insulin glargine, bevacizumab, trastuzumab, in-licensed products adalimumab, pegfilgrastim and etanercept.


Intended Audience


This report will be beneficial for every stakeholder of the Human Insulin market such as :



  • Insulin manufacturing companies

  • Pharmaceutical Research and Development Institutes

  • Traders and distributors

  • Investors

  • Diabetic patients 


Report Overview


This report provides an in-depth analysis of the Human Insulin market in terms of current value and future forecast. We have also highlighted the problems and prospects of the given market. Moreover, technological analysis of the product will greatly help to get details about the know-how of the product. Furthermore, this human insulin market report contains a detailed analysis of every segment of the human insulin market for the current forecast period. Human insulin market report has also highlighted the key players and the current developments in the given market. 



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: 156478.39 Million
  CAGR   11.91% (2020-2030)
  Base Year   2019
  Forecast Period   2020-2030
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Modern Human Insulin and Brand
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   ADOCIA, MERCK & CO., INC., Julphar, Pfizer Inc., Bristol-Myers Squibb Company, GLAXOSMITHKLINE PLC, SANOFI, Oramed, Novo Nordisk India Pvt. Ltd, Eli Lilly and Company, BIOCON, and Tonghua Dongbao Pharmaceutical Co., Ltd.
  Key Market Opportunities   increasing affordability of human insulin
  Key Market Drivers

  • Increasing prevalence of diabetes
  • rising obesity endemic
  • rise in geriatric population
  • increasing awareness among people


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    Frequently Asked Questions (FAQ) :

    Human Insulin Market is expected to accumulate revenues at a CAGR of 11.91% By 2030.

    Human Insulin Market is driven by the large prevalence of diabetes mellitus.

    The large geriatric populace affected by diabetes and diabetes management are two of the secondary drivers which can fuel the Human Insulin Market.

    The Americas holds the largest share of the Human Insulin Market.

    Europe holds the second-largest share of the Human Insulin Market owing to heavy funds in research of diabetes.

    Oramed Pharmaceuticals, Inc., ADOCIA, Julphar, Novo Nordisk A/S, Bristol-Myers Squibb Company, Tonghua Dongbao Pharmaceuticals Co., Ltd., Biocon Ltd, Merck & Co, GlaxoSmithKline, Sanofi, and Pfizer, Inc. are major players of the Global Human Insulin Market.