Global Insulin Market Size & Outlook, 2024-2030
Global insulin market, 2018-2030 (US$M)
Related Markets
Global insulin market highlights
- The global insulin market generated a revenue of USD 19,445.2 million in 2024 and is expected to reach USD 23,207.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 3.7% by 2030.
- In terms of segment, insulin analog accounted for a revenue of USD 16,912.9 million in 2024.
- Insulin Analog is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 19,445.2 million |
| Market revenue in 2030 | USD 23,207.3 million |
| Growth rate | 3.7% (CAGR from 2025 to 2030) |
| Largest segment | Insulin analog |
| Fastest growing segment | Insulin Analog |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Insulin Analog, Human Insulin |
Other key industry trends
- In terms of revenue, the North America accounted for 44.6% of the global insulin market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 2,067.6 million by 2030.
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Insulin Market Scope
Insulin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global insulin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to insulin market will help companies and investors design strategic landscapes.
Insulin analog was the largest segment with a revenue share of 86.98% in 2024. Horizon Databook has segmented the Global insulin market based on insulin analog, human insulin covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Insulin Type Outlook (Revenue, USD Million, 2018-2030)
- Insulin Analog
- Human Insulin
- Global Insulin Application Outlook (Revenue, USD Million, 2018-2030)
- Type 1 Diabetes
- Type 2 Diabetes
- Global Insulin Product Outlook (Revenue, USD Million, 2018-2030)
- Rapid-Acting Insulin
- Long-Acting Insulin
- Combination Insulin
- Biosimilar
- Other
- Global Insulin Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Hospital Pharmacies
- Retail & Specialty Pharmacies
- Other
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Target buyers of Global insulin market databook
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Our clientele includes a mix of insulin market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global insulin market , including forecasts for subscribers. This global databook contains high-level insights into Global insulin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global insulin market size, by regions, 2018-2030 (US$M)
Top 10 countries: Insulin market size, 2024 (US$M)
Global insulin market share, by type, 2024 & 2030 (%, US$M)
Insulin market: Opportunity assessment by country
Global insulin market, by region, 2024 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 10,488.7 | 10,258.3 | 9,610.9 | 9,436.2 | 9,233.5 | 8,941.5 | 8,664.8 | 8,493.0 | 8,429.7 | 8,553.9 | 8,801.9 | 9,102.0 | 9,510.3 | 2.3% |
| Europe | 4,762.6 | 4,684.8 | 4,414.9 | 4,360.7 | 4,293.0 | 4,183.2 | 4,079.5 | 4,024.6 | 4,021.0 | 4,107.9 | 4,256.2 | 4,432.4 | 4,664.7 | 3.0% |
| Asia Pacific | 5,027.0 | 5,113.1 | 4,979.2 | 5,078.8 | 5,160.6 | 5,187.2 | 5,215.4 | 5,302.1 | 5,456.4 | 5,739.1 | 6,119.4 | 6,555.6 | 7,094.5 | 6.0% |
| Latin America | 802.2 | 808.8 | 781.0 | 790.2 | 796.7 | 794.9 | 793.5 | 801.2 | 819.1 | 856.1 | 907.3 | 966.2 | 1,039.7 | 5.4% |
| MEA | 707.6 | 711.9 | 686.1 | 692.8 | 697.3 | 694.4 | 692.0 | 697.5 | 711.9 | 742.9 | 786.1 | 835.9 | 898.1 | 5.2% |
| Overall | 21,788.1 | 21,576.9 | 20,472.1 | 20,358.7 | 20,181.1 | 19,801.1 | 19,445.2 | 19,318.5 | 19,438.2 | 19,999.8 | 20,870.8 | 21,892.1 | 23,207.3 | 3.7% |
Related regional statistics
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