Human Insulin Market by Product Types & Brand -2019

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Human Insulin Market by Product Types & Brand -2019

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The “Human Insulin Market by Product Type [Human Insulin (Short Acting, Intermediate Acting, Premixed), Modern Human Insulin (Rapid Acting, Long Acting, Premixed)], by Brand (Lantus, Apidra, Levemir, NovoRapid, Novomix, Tresiba, Others) - Forecast to 2019�provides a detailed overview of the major drivers,restraints, challenges, opportunities, current market trends,and strategies impacting the global human insulin market along with the estimates and forecasts of the revenue and share analysis.

Browse 112 market data tables and 43 figures spread through 250 pages and in-depth TOC on "Human Insulin Market " http://www.marketsandmarkets.com/Market-Reports/human-insulin-market229295783.html Early buyers will receive 10% customization in this report.

The global human insulin market crossed $23 billion in 2013 and is poised to grow at a high double-digit CAGR from 2014 to 2019.

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The human insulin market is segmented based on types of insulin, and branded drugs available in the market.

The two major classifications of human insulin are traditional and modern human insulin.

Further traditional human insulin is divided into three types- short acting, intermediate acting, and premixed traditional human insulin.

Modern human insulin is fragmented into long acting, rapid acting, and premixed modern human insulin. Of all, premixed and long acting modern human insulin will be the two fastest growing markets in the given forecast period.

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The biologics/branded insulin considered for this study are Apidra, Actrapid, Humalog, Humulin, Insuman, Insulatard, Lantus, Levemir, Mixtard, Novomix, Novorapid, and Tresiba.

The three biosimilars available in the Asian countries and RoW are Wosulin (Wockhardt), Basalog (Biocon), and Glaritus (Wockhardt).

In comparison to branded drugs, biosimilar, a similar version of branded biologics, will be the faster growing market in the next five years.

Among all available brands, Lantus (Insulin Glargine) accounted for the largest share in the market whereas Apidra and Levemir will be the fastest growing drugs in the forecast period.

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The major bottlenecks for the growth of the market are stringent and complex regulatory guidelines that delay the approval process of new drugs as well as high manufacturing complexities and cost associated in the development of human insulin. Further, issues such as contamination while manufacturing insulin by recombinant DNA technology sslow down the yield and production of insulin, thus restricting the market entry.

North America is the largest contributor to the global market whileAsia is expected to grow at the highest rate. Asia (China, and India), Middle East (Saudi Arabia, Egypt, Qatar, U.A.E), and Latin America (Brazil, Mexico) are also poised to grow at double-digit CAGRs in the coming years.

The key players in the market are Novo Nordisk (Denmark), Eli Lilly (U.S), Sanofi Aventis(France),Biocon (India), Julphar(U.A.E),Wockhardt (India),SemBioSys (Canada), and GSK (U.K.).

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