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Market Size - $1,136.2 million in 2013, Market Growth - CAGR of 15.0%, Market Trends Introduction of ultra-long and ultra-fast acting insulin such as Tresiba new report by Grand View Research. View full report with TOC - http://www.grandviewresearch.com/industry-analysis/cis-insulin-market.
San Francisco, California (PRWEB) July 08, 2014
The CIS market for insulin and insulin products is expected to reach USD 3,008.5 million by 2020 growing at a CAGR of 15.0%, according to a new study by Grand View Research, Inc. The presence of an extensive pipeline portfolio of products exhibiting higher efficacies and their subsequent commercialization over the next six years is expected to serve this market as a high impact rendering driver. The introduction of government initiatives aimed at improving the affordability of insulin via price reduction, such as the collaboration between the government of Ukraine and Indar to reduce the price of insulin by 20% in 2013 is expected to have positive influence on demand. Some of the other drivers of this market include increasing attempts made by manufacturers to capitalize on the untapped opportunities by opening new manufacturing units to improve the supply of insulin and growing incidence rates of type II diabetes are some of the factors expected to fuel future market growth.
The report CIS Insulin Market (Rapid Acting, Short Acting, Pre-Mixed, Long Acting, Type I & II Diabetes, Analogs, Recombinant Insulin) Analysis And Segment Forecasts To 2020, is available now to Grand View Research customers at http://www.grandviewresearch.com/industry-analysis/cis-insulin-market
Request free sample of this report at http://www.grandviewresearch.com/industry-analysis/cis-insulin-market/request.
Further key findings from the study suggest:
Browse all reports of pharmaceuticals market by Grand View Research at http://www.grandviewresearch.com/industry/pharmaceuticals.
For the purpose of this study, Grand View Research has segmented the CIS Insulin market on the basis of product, application, source and region:
Browse all Grand View Research Upcoming Reports at http://www.grandviewresearch.com/ongoing-reports.
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About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/.
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