Insulin Market Hits USD 47.54 Billion By 2020: Grand View Research, Inc.

The global market for insulin is expected to reach USD 47.54 billion by 2020, according to a new study by Grand View Research, Inc. Growing global prevalence of type I and type II diabetes and the presence of high unmet needs in emerging markets such as India and China are expected to be two of the most significant growth drivers of this market. Moreover, increasing incidence rates of lifestyle induced diseases such as obesity and growing global geriatric population base are expected to serve the global insulin market as drivers.

The global intermediate and long acting insulin segments were two of the largest markets in 2013 and together accounted for over 45% of the overall revenue. Higher efficacy exhibited by these segments in terms of insulin peak time is one of the major factors accounting for their large market shares.

 To request a sample copy or view summary of this report, click the link below:

http://www.grandviewresearch.com/industry-analysis/insulin-market

For more information, visit http://www.grandviewresearch.com/