The Prime objective of “North America Human Insulin Market” report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends and opportunities. Important factors supporting growth across various is also provided. Using the industrial figures, the market finds growth figures between the forecast period from 2019 to 2024. In order to present an executive-level model of the market and its future perspectives, the report presents a clear segmentation based on different parameters. The factors that affect these segments are also discussed in detail in the report.
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Top Key Players Are:
North America Human Insulin Market Report Covers the Top Regions:
United States, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, China, Japan, India, Australia, South Korea, GCC, South Africa, Brazil, Argentina.
Scope of North America Human Insulin Market:
The North America human insulin market is segmented by product type (basal or long-acting insulin, bolus or fast-acting insulin, traditional human insulin, combination insulin, and biosimilar insulin) and geography.
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Key Market Trends: – The United States Dominates the Market
Among the North American countries, the United States dominates around 95% of the total insulin market in the region. This is mainly due to the high diabetes prevalence in the country.
The United States records the highest healthcare expenditure ly, and it also has the higher adoption of advanced therapeutics.
The market size of the insulin market in 2017 was USD 10.6 billion, and the market is expected to record a CAGR of 5.5% during the forecast period (2019-2024).
Lantus occupied the largest market share in 2017. However, the product is expected to decrease during the forecast period, due to similar insulin glargines present in the market, like Toujeo and Basaglar.
Toujeo is the brand of Sanofi that is an upgraded version of Lantus and acts for more than 30 hours. Basaglar is the biosimilar of Lantus. However, the product was approved as a follow-on biologics in the United States.
Increasing Pricing Pressure
The United States is the primary market for all the insulin manufacturers, since the revenue from the country alone accounts to approximately more than 50%, ly.
Pharmaceutical companies have increased the price of insulin drugs since the past few years, owing to increased US payer pressure.
Due to the high prevalence of diabetes, the number of patients relying on insulin are growing, due to which there is a high demand for insulin production in volume.
Insulin is manufactured through sophisticated r-DNA technology, due to which there are very few companies in the market that produce insulin.
Thus, there is very high competition between these manufacturers who always strive to meet the patient needs. With deductibles far outpacing income, insulin has become unaffordable even for well-off US citizens.
- Market Dynamics – Drivers, Restraints, and Opportunities
- Market Segmentation – Types, Applications, Regions, and Technology
- Market Trends
- Competitive Landscape
- SWOT Analysis and Porter’s Five Forces Analysis
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Detailed TOC of North America Human Insulin Market Research Report 2019 – 2024:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Drug
5.1.1 Insulin (Value and Volume 2012-2024)
22.214.171.124 Basal or Long-acting Insulin
126.96.36.199.1 Lantus (Insulin Glargine)
188.8.131.52.2 Levemir (Insulin Detemir)
184.108.40.206.3 Toujeo (Insulin Glargine)
220.127.116.11.4 Tresiba (Insulin Degludec)
18.104.22.168.5 Basaglar (Insulin Glargine)
22.214.171.124 Bolus or Fast-acting Insulin
126.96.36.199.1 NovoRapid/Novolog (Insulin Aspart)
188.8.131.52.2 Humalog (Insulin Lispro)
184.108.40.206.3 Apidra (Insulin Glulisine)
220.127.116.11 Traditional Human Insulin
18.104.22.168 Combination Insulin
22.214.171.124.1 NovoMix (Biphasic Insulin Aspart)
126.96.36.199.2 Ryzodeg (Insulin Degludec and Insulin Aspart)
188.8.131.52.3 Xultophy (Insulin Degludec and Liraglutide)
184.108.40.206 Biosimilar Insulin
220.127.116.11.1 Insulin Glargine Biosimilars
18.104.22.168.2 Human Insulin Biosimilars
5.2.1 North America
22.214.171.124 United States (Value and Volume 2012-2024)
126.96.36.199.1 Basal or Long-acting Insulin
188.8.131.52.2 Bolus or Fast-acting Insulin
184.108.40.206.3 Traditional Human Insulin
220.127.116.11.4 Combination Insulin
18.104.22.168.5 Biosimilar Insulin
22.214.171.124.6 By Company (Novo Nordisk, Sanofi, Eli Lilly and others)
126.96.36.199 Canada (Value and Volume 2012-2024)
188.8.131.52.1 Basal or Long-acting Insulin
184.108.40.206.2 Bolus or Fast-acting Insulin
220.127.116.11.3 Traditional Human Insulin
18.104.22.168.4 Combination Insulin
22.214.171.124.5 Biosimilar Insulin
126.96.36.199.6 By Company (Novo Nordisk, Sanofi, Eli Lilly and others)
188.8.131.52 Rest of North America (Value and Volume 2012-2024)
184.108.40.206.1 Basal or Long-acting Insulin
220.127.116.11.2 Bolus or Fast-acting Insulin
18.104.22.168.3 Traditional Human Insulin
22.214.171.124.4 Combination Insulin
126.96.36.199.5 Biosimilar Insulin
188.8.131.52.6 By Company (Novo Nordisk, Sanofi, Eli Lilly and others)
6 MARKET INDICATORS
6.1 Type 1 Diabetes Population (2013-2024)
6.2 Type 2 Diabetes Population (2013-2024)
7 COMPETITIVE LANDSCAPE
7.1 COMPANY PROFILES
7.1.1 Novo Nordisk
7.1.3 Eli Lilly
7.2 COMPANY SHARE ANALYSIS
7.2.1 Novo Nordisk
7.2.3 Eli Lilly
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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