Global human insulin drug market is estimated to be valued at USD 57.04 Bn in 2025 and is expected to reach USD 102.35 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.7% from 2025 to 2032.
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Rising health awareness among people and growing prevalence of diabetes globally are anticipated to increase the uptake of insulin drugs. According to the International Diabetes Federation, more than 537 million adults lived with diabetes in 2021 globally and this number is projected to rise to over 700 million by 2045. Increasing research investments by key players for development of superior drug forms such as long-acting insulin and wearable insulin devices can also drive the market growth. However, high costs associated with insulin therapies may limit market expansion.
Market Driver – Increasing Product launch by Key Market Players
Increasing product launches by key market players is expected to drive the market growth over the forecast period. For instance, in September 2022, Novo Nordisk A/S, a pharmaceutical company, launched unbranded biologic of Tresiba analog insulin to expand affordability options for patients. Tresiba (insulin degludec) injection, a once-daily long-acting basal insulin is indicated to control high blood sugar in patients 1 year of age and older with diabetes.
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