Asia-Pacific Human Insulin Market to Grow at a CAGR of 8.12% Until 2030 | Becton, Dickinson and Company (BD), and Biocon Limited

Latest Market Study report by MarkNtel Advisors: Leading market research company, Title "Asia-Pacific Human Insulin Market- By Type (Human Insulin Biologics, Intermediate Acting, Short Acting, Premixed), Insulin Analogue & Biosimilar, [Long Acting, Rapid Acting, Premixed]), By Application, (Diabetes Type 1, Diabetes Type 2)," and other forecast 2024-30". This detailed report provides a thorough look at the industry, covering key aspects like the Asia-Pacific Human Insulin Market Size, its growth in share, development, and the top companies involved. It examines what's driving the market, using historical, current, and projected data, as well as emerging trends, technology updates, important insights, recent developments, potential limitations, and other factors that will influence the industry's direction in the future.

How Big is the Asia-Pacific Human Insulin Industry?

Asia-Pacific Human Insulin Market is estimated to grow at a CAGR of around 8.12% during the forecast period, i.e., 2024-30.

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Factors Influencing the Growth of the Asia-Pacific Human Insulin Industry:

Surging Prevalence of Diabetes Boosting the Human Insulin Market - The Asia-Pacific Human Insulin Market has witnessed robust growth driven by a surge in diabetes prevalence over the historical years. This has been primarily attributed to factors such as changing lifestyles, increased obesity rates, and an aging population. Asia-Pacific aging demographics have also played a pivotal role as older individuals are more prone to diabetes. According to the Economic and Social Commission for Asia and the Pacific, the number of older persons is projected to more than double, from around 630 million in 2020 to about 1.3 billion by 2050. Hence, as the world experiences a demographic shift towards an older age structure, the prevalence of diabetes is on the rise. This demographic trend amplifies the demand for human insulin, which has aided in driving the Asia-Pacific Human Insulin Market.

Name of Leading Asia-Pacific Human Insulin Companies in the Market

 > Novo Nordisk A/S

 > Eli Lilly and Company

 > Sanofi

 > Biocon

 > Gan & Lee Pharmaceuticals Co. Ltd

 > Wockhardt

 > Lupin

 > Eris Lifesciences Ltd

 > Tonghua Dongbao Pharmaceutical Co., Ltd.

 > The United Laboratories International Holdings Limited

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Segmentation Summary - Asia-Pacific Human Insulin Market

The breakdown of the Asia-Pacific Human Insulin market into different segments provides a quick overview. It helps businesses understand what customers prefer and where they are located. By dividing the market into smaller groups based on purchasing habits and geography, companies can improve their business strategies. This summary offers a straightforward guide to better understanding the market.

By Type

 > Human Insulin Biologics - Market Size & Forecast 2019-2030, USD Million

 > Insulin Analogue & Biosimilar - Market Size & Forecast 2019-2030, USD Million

By Application

 > Diabetes Type 1- Market Size & Forecast 2019-2030, USD Million

 > Diabetes Type 2- Market Size & Forecast 2019-2030, USD Million

By End Users

 > Hospital/Clinics- Market Size & Forecast 2019-2030, USD Million

 > Home/Personal- Market Size & Forecast 2019-2030, USD Million

By Distribution Channel

 > Hospital Pharmacies- Market Size & Forecast 2019-2030, USD Million

 > Retail Pharmacies- Market Size & Forecast 2019-2030, USD Million

 > Online Pharmacies- Market Size & Forecast 2019-2030, USD Million

Geographically Insight: Asia-Pacific Human Insulin Market

Geographically, the Asia-Pacific Human Insulin Market expands across:

 * China

 * India

 * Japan

 * South Korea

 * Southeast Asia

 * Australia

 * Rest of Asia-Pacific

The rising geriatric population and increased prevalence of diabetes in China have accelerated the domestic consumption of human insulin during the historical years. As consumers age, they are more susceptible to developing type 2 diabetes due to factors such as decreased physical activity, changes in metabolism, and other age-related health conditions.

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