Saudi Arabia Human
Insulin market is anticipated to grow at a rate of s steady CAGR for the
forecast period, 2023-2027. An increase in the number of patients suffering
from diabetics and the high-end investments for research and development
activities for drug discovery are the key driving factors for the Saudi Arabia
Human Insulin market for the next five years.
Increasing
Diabetes Prevalence Supports Market Growth
Saudi Arabia ranks
second highest in the Middle East and seventh in the world by the World Health
Organization (WHO). Diabetes is growing at a rapid rate, and the symptoms of
diabetes are noticeable due to the changing disease patterns in the country. Diabetes
mellitus adversely impacts an individual's health and leads to high morbidity,
mortality, and vascular complications along with the poor quality of life and
general health.
Insulin is used to treat diabetes, but still, many people are
suffering from it and need quality treatment services. Market players are
indulging in the research and development activities to devise effective ways
to use insulin to treat diabetic patients and minimize the occurrence of side
effects of taking insulin dosage.
Supportive
Healthcare Policies Spurs the Market Growth
The government is
promoting the development of effective drugs and delivery systems to support
diabetic patients in the country is influencing the demand of the Saudi Arabia
Human Insulin market. Lack of physical activities and the adoption of an
unhealthy lifestyle adversely affect the individual's health, which is also
fueling the development of diabetes at an early stage. The technological
advancements in the healthcare system and the surge in the number of patients
who have diabetes are creating the demand for the development of effective
diabetes drug treatment methods. Allocation of huge funds for the healthcare
expenditure and the launch of programs aiming to educate people about diabetes,
such as The National Executive Plan of Diabetes Control "2010-2021",
The Saudi National Program of Education against Diabetes is expected to propel
the market demand.
Rising
Adoption of Wearable Devices Fuels Market Growth
The rise in
consumer awareness about the advantages of preventive measures boosts the sales
of wearable medical devices. Wearable devices for patients who have diabetes
include using devices such as insulin pumps and continuous glucose monitoring
systems, making the management of diabetes more efficient and easier. Wearable
devices are in high demand among people who have type I diabetes.
Still, the
growing advancements in technology have led to devices to treat type II
diabetes. Continuous glucose monitoring allows the patients to monitor their
glucose levels regularly, and the insulin pumps provide the required amount of
insulin at the fixed time interval. The combination of the two technologies
could lead to efficient management of diabetes with improved results. The rise
in the disposable income of the consumers due to the efforts made by the
leading authorities to generate other revenue sources than the oil and gas
industry is expected to boost the demand for the Saudi Arabia Human Insulin
market growth.

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Market
Segmentation
The Saudi Arabia
Human Insulin market is segmented on the basis of indication, route of
administration, type, onset time, products, regional distribution, and company.
Based on the indication, the market is divided into type I diabetes and type II
diabetes. Based on the route of administration, the market is divided into
subcutaneous, nasal, intravenous, transdermal, oral, and others. Based on the
type, the market is divided into basal, bolus, pre-mixed, biosimilar, and
traditional.
Based on the onset time, the market is divided into rapid-acting,
short-acting, intermediate-acting, long-acting, ultra-long acting, pre-mixed,
and inhaled. Based on the products, the market is divided into insulin pens,
insulin pumps, infusion systems, injection. The Saudi Arabia Human Insulin
market is studied in major regions, namely the North & Central region,
Southern region, Western region, and Eastern region.
Market
Players
Novo Nordisk Saudi
Arabia, Sanofi Saudi Arabia, Baxter International Saudi Arabia, B Braun Saudi
Arabia, Eli Lilly, and Company Saudi Arabia, Pfizer Saudi Arabia, are among the
major market players in Saudi Arabia platform that lead the market growth of
Saudi Arabia Human Insulin market.
Attribute
|
Details
|
Base Year
|
2021
|
Historic Data
|
2017 –
2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023
– 2027
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
|
Report coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments covered
|
·
Indication
·
Route of Administration
·
Type
·
Onset Time
·
Products
|
Regional scope
|
Northern
& Central, Southern, Eastern, Western
|
Key companies profiled
|
Novo Nordisk Saudi Arabia, Sanofi Saudi Arabia, Baxter International
Saudi Arabia, B Braun Saudi Arabia, Eli Lilly and Company Saudi Arabia, Pfizer
Saudi Arabia
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to regional
& segment scope.
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
Delivery Format
|
PDF and
Excel through Email (We can also provide the editable version of the report in
PPT/Word format on special request)
|
Report Scope:
In this report, Saudi Arabia Human
Insulin market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- Saudi Arabia Human Insulin Market, By Indication:
- Type I Diabetes
- Type II Diabetes
- Saudi Arabia Human Insulin Market, By Route of
Administration:
- Subcutaneous
- Nasal
- Intravenous
- Transdermal
- Oral
- Others
- Saudi Arabia Human Insulin Market, By Type:
- Basal
- Bolus
- Pre-mixed
- Biosimilar
- Traditional
- Saudi Arabia Human Insulin Market, By Onset Time:
- Rapid Acting
- Short-Acting
- Intermediate Acting
- Long Acting
- Ultra-long Acting
- Pre-Mixed
- Inhaled
- Saudi Arabia Human Insulin Market, By Products:
- Insulin Pens
- Insulin Pumps
- Infusion System
- Injection
- Saudi Arabia Human
Insulin Market, By Region:
- Northern & Central
- Southern
- Eastern
- Western
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia Human Insulin market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
Saudi Arabia Human Insulin Market
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