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HUMAN INSULIN DRUG MARKET ANALYSIS

Human Insulin Drug Market, By Product Type (Human Insulin, Basal Insulin, Bolus Insulin, Insulin Combinations, Biosimilar Insulins), By Type (Short Acting and Long Acting), By Application (Type 1 Diabetes and Type 2 Diabetes), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Jun 2024
  • Code : CMI5316
  • Pages :165
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical
Market Challenges:  Stringent Regulatory Guidelines

Stringent regulatory guidelines for product approval imposed by various health regulatory authorities across the globe are posing significant challenges for the growth of global human insulin market. The approval process for new insulin therapies and products has become increasingly complex over the years. Regulators are demanding extensive clinical trial data spanning many phases to establish safety and efficacy of insulin products before granting marketing authorization.

Market Opportunities: Growing Preference for Fast-acting and Long-acting Insulin

The growing preference for short acting and long acting insulin across the globe indicates a promising opportunity for the human insulin market. As modern lifestyles become increasingly fast-paced and complex, more individuals with diabetes are seeking insulin variants that allow for higher flexibility and discretion with medication administration. Short acting insulin analogues that can be taken immediately before a meal have seen rising demand. Their quick absorption profile permits tailored insulin delivery around unpredictable daily schedules. Similarly, long acting basal insulin extending over 12-24 hours is preferable to twice-daily injections for its round-the-clock stability and minimized risks of hyper/hypoglycemia during sleep. As diabetic populations continue to age and life expectancies lengthen in many countries, durable control of basal blood glucose becomes a higher priority, driving shifts towards long acting insulin formulations.

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