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Date Submitted: 09/21/2015 12:13 AM
Hexa Research Inc.
Industry Research,Custom Research & Consulting
Asia Pacific Insulin Market Size, Market Share, Application
Analysis, Regional Outlook, Growth, Trends, Competitive
Scenario And Forecasts, 2012 To 2020
Industry Insights
Increasing prevalence of type I and type II diabetes is expected to drive the entire insulin market over
the forecast period. Basically, insulin is a peptide hormone secreted with the help of beta cells by
pancreas. The main function of insulin is to enable the absorption of glucose from the blood in the body
which provides energy to the body and stabilize the level of blood glucose.
Continuous changing food habit of people coupled with changing life style is anticipated to increase the
rate of obsessed population which is a factor triggering the market for diabetes. Furthermore, other
factors which support the growth of this market are increasing demand of insulin analogs are rapid
increase in geriatric population and growing demand for minimal invasive and noninvasive treatment for
diabetes.
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Hexa Research Inc.
Industry Research,Custom Research & Consulting
Increasing availability of safety pen needles and syringe in the market is pushing the growth of this
market owing to the effective delivery of insulin. Both the public and private firms are taking active
participation for eradication and control of diabetes by investing huge amount of fund for research and
development. Increasing rate of hypertension and destruction of beta cells are the prime reason for
occurrence of diabetes in one’s body.
The developing nations consists significant large potential market for insulin which is needed to be
served in order to maximize the revenue and total market share. Continuous introduction of minimal
invasive diagnostic procedures has created a wide gap between the demand and supply of insulin for
the control of glucose level in...