Global Insulin Market to Rise with Increasing Awareness about Diabetes Management as Key Growth Driver:

Brooklyn, NY , June 13, 2016 (GLOBE NEWSWIRE) -- announces the addition of a new research report titled “Global Insulin Market Professional Survey Report 2016.”This study provides an extensive evaluation of the global insulin market and analyzes the market to estimate the industry size and provide an industry overview. The report includes inputs and suggestions from top industry leaders and also entails a detailed study on the technological outlook of the market on the basis of both demand patterns and production of insulin. They key market dynamics impacting the growth of the market such as the drivers, restraints, opportunities, and trends in the forecast period 2011 to 2016 have also been highlighted in this report.

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The report starts by presenting the industry overview section of the market for insulin. This section includes the definition, classification, and specification of insulin. Insulin refers to a peptide hormone and is produced by the beta cells of pancreatic islets. It has significant impacts on the metabolism of carbohydrates, proteins, and fats in the body and promotes the absorption of glucose from the blood into the skeletal muscle cells, fat, and liver. It allows the human body to utilize sugar from carbohydrates in the food consumed and helps to store glucose for future utilization. Insulin also helps in keeping blood sugar levels normal and prevents the blood sugar from getting too low or too high.

The report classifies insulin into three main types, namely animal insulin, biosynthetic human insulin, and semi-synthetic human insulin. Insulin finds applications in hospitals, clinics, households, and others. In the next part, the industry chain structure coupled with the policy analysis and news analysis of insulin has been presented. Moving further, an evaluation of the manufacturing plants and technical data for insulin has been presented. This section entails the commercial production date and capacity of the key manufacturers operating in the global insulin market in 2015. The distribution of manufacturing plants, the research and development status, and the technology source of the key manufacturers dominant in the market in 2015 also form an integral part of this section of the report.

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In the next part, the global insulin market has been studied on the basis of export, import, supply, and consumption in countries such as the U.S, China, the U.K., Switzerland, France, Japan, and Germany. As per the report, the rising awareness among patients about diabetes management and the shift towards leading a health life post the detection of diabetes are amongst the prime factors fuelling the growth of the global insulin market. In addition, the increasing proliferation of new and improved products and the favorable medical reimbursements globally will also augment the growth of the market. On the other hand, the strict regulatory requirements to obtain product approvals may impede the growth of the market.

According to the report, the key players dominant in the insulin market are Novo Nordisk, Sanofi, Dongbao, Eli Lilly, Wanbang Biopharmaceuticals, Jiangsu WanBang, and Xinbai Pharmaceutical, among others.

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Source: QY Research Reports