CIS Insulin Market Expected To Observe Major Growth By 2024
Deerfield Beach, FL -- (SBWIRE) -- 02/22/2017 -- CIS Insulin Market: Overview
Insulin regulates metabolism by creating the pancreas that allows your body to use glucose from carbohydrates in the food. Insulin helps to keep your blood sugar level from getting too high or too low. Insulin enables the entry of glucose in the cell and maintains level of blood glucose. In diabetes treatment, patient need insulin injections to allow body to process sugar and avoid complications from hyperglycemia.
CIS Insulin Market: Growth Factors
Rising ubiquity of diabetes is one of the important factors bolstering the growth of the CIS insulin market. The increasing pervasiveness of obesity disorder is expected to be imperative for this industry. The prominent circumstances that might occur owing to this disorder include type II diabetes, obesity and hypertension. The government supports and rising R&D in insulin product is projected to exhibit lucrative growth in this industry. The report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
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The report provides a detailed view of the CIS insulin market based on products, application and region. Based on products, CIS insulin market is further bifurcated into long acting, short acting, rapid acting, premixed and intermediate acting. Long acting insulin accounted for a very large chunk of the global CIS insulin market. Rapid acting is another leading project and expected to exhibit strong growth over the forecast period. The CIS insulin market is further classified based on source into analogs and human recombinant. The analog segment holds largest share of the CIS insulin market. Key applications of insulin include type I and other diabetes and type II diabetes. Type II diabetes dominated CIS insulin market and accounted for significant share of total market.
CIS Insulin Market: Regional Analysis
Regional segmentation includes the current and forecast demand of CIS insulin in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. The CIS insulin market is dominated by North America followed by Europe. Asia Pacific is expected to witness significant growth over the forecast period.
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CIS Insulin Market: Competitive Players
The report covers detailed competitive scenario including the company overviews, financial revenues of the key participants to develop their positions in the global market. Major market players include Merck & Co. Inc., Novo Nordisk, Eli Lilly and Company, Oramed Pharmaceuticals, Nanjing Xinbai Pharmaceutical Co. Ltd., Sanofi Aventis, Boehringer Ingelheim, Farmak and Biocon.
This report segments the global CIS insulin market as follows:
CIS Insulin Market: Product Segment Analysis
CIS Insulin Market: Source Segment Analysis
CIS Insulin Market: Application Segment Analysis
Type I Diabetes
Type II Diabetes
CIS Insulin Market: Regional Segment Analysis
Middle East & Africa
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