New York, Jan. 13, 2020 (GLOBE NEWSWIRE) -- The global Insulin Market is forecast to reach USD 35.74 Billion by 2027, according to a new report by Reports and Data. Insulin therapy is used for the treatment of patients with all types of diabetes.
The need for insulin therapy depends upon the balance between insulin resistance and insulin secretion. Patients with type 1 diabetes require insulin treatment permanently unless they receive a whole organ pancreas transplant or an islet. Type 2 diabetes patients require insulin as their beta-cell function lowers over time.
Diabetes and its complications, societal costs, and deaths have a huge and rapidly growing impact across the globe. In 2019: approximate 463 million adults (20-79 years) were living with diabetes and by 2045 this is expected to rise to 700 million. A growing number of diabetic patients are propelling the demand for insulin.
Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/2338
The market in Asia Pacific is estimated to witness an increasing demand in the forecast period owing to growing awareness pertaining to medical treatments and care, rising health care sector, and an increase in R&D activities. Further, a rapid increase in the diabetic population and increasing adoption of insulin administration are driving the market demand in the region.
Further key findings from the report suggest
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/insulin-market
Segments covered in the report:
For the purpose of this report, Reports and Data have segmented into the global Insulin Market on the basis of product type, diseases, delivery devices, end-users, and region:
Product Type Outlook (Revenue, USD Billion; 2016-2027)
Diseases Outlook (Revenue, USD Billion; 2016-2027)
Delivery Devices Outlook (Revenue, USD Billion; 2016-2027)
End-Users Outlook (Revenue, USD Billion; 2016-2027)
Order Now: https://www.reportsanddata.com/checkout-form/2338
Regional Outlook (Revenue in USD Billion; 2016–2026)
Browse more similar reports on Biotechnology category by Reports And Data
In vivo CRO Market - https://www.reportsanddata.com/report-detail/in-vivo-cro-market
Cell Surface Markers Market - https://www.reportsanddata.com/report-detail/cell-surface-markers-market
Gene Expression Market - https://www.reportsanddata.com/report-detail/gene-expression-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.