PUBLISHER: The Business Research Company | PRODUCT CODE: 1720894
PUBLISHER: The Business Research Company | PRODUCT CODE: 1720894
Short-acting insulin is a type of insulin used to manage blood sugar levels during or after meals. It begins acting within 30 minutes to 1 hour, peaks around 2-3 hours, and lasts for approximately 4-6 hours. This insulin type plays a crucial role in glucose regulation by promoting glucose uptake into cells for energy, particularly after food consumption.
The main formulations of short-acting insulin include regular insulin and rapid-acting insulin. Regular insulin is a fast-acting insulin variant used to control blood sugar levels, typically administered before meals. These formulations are available in various dosage forms, including vials, pre-filled pens, and cartridges, and can be administered via subcutaneous or intravenous routes. Short-acting insulin is prescribed for both type 1 and type 2 diabetes patients and is distributed through retail pharmacies, hospital pharmacies, and online pharmacies.
The short-acting insulin market research report is one of a series of new reports from The Business Research Company that provides short-acting insulin market statistics, including the short-acting insulin industry global market size, regional shares, competitors with the short-acting insulin market share, detailed short-acting insulin market segments, market trends, and opportunities, and any further data you may need to thrive in the short-acting insulin industry. This short-acting insulin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The short-acting insulin market size has grown strongly in recent years. It will grow from $11.00 billion in 2024 to $11.65 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth during the historic period can be attributed to the increasing type 1 diabetes population, a rising geriatric population, a surge in research and development funding, a higher prevalence of diagnosed cases, and growing urbanization.
The short-acting insulin market size is expected to see strong growth in the next few years. It will grow to $14.47 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth during the forecast period can be attributed to increased government initiatives and support, rapid innovations in production, the rising adoption of insulin therapy, and the expansion of personalized medicine. Key trends expected during this period include advancements in insulin delivery devices and technologies, the development of innovative fast-acting insulin analogs, the rise of biosimilars, a shift toward patient-centric care, and improvements in insulin formulation.
The rising prevalence of type 1 diabetes is expected to drive the growth of the short-acting insulin market. Type 1 diabetes is an autoimmune condition in which the body destroys insulin-producing cells, necessitating lifelong insulin therapy. The increasing incidence of type 1 diabetes is influenced by genetic factors, environmental triggers, and a rise in autoimmune disorders. Short-acting insulin plays a crucial role in managing the condition by providing rapid blood sugar control and mimicking the body's natural insulin response. For example, in 2023, Diabetes Australia, an organization dedicated to raising awareness about diabetes, reported that approximately 134,000 Australians were living with type 1 diabetes in 2022, a number that increased to 135,423 in 2023. As a result, the growing prevalence of type 1 diabetes is fueling the expansion of the short-acting insulin market.
Leading companies in the short-acting insulin market are developing innovative products such as insulin pods to enhance insulin delivery and improve adherence for diabetes patients. An insulin pod is a tubeless, wearable insulin delivery system that provides continuous insulin infusion for diabetes management. In April 2023, Insulet Corporation, a US-based medical device company, received FDA clearance for Omnipod GO, a pioneering basal-only insulin pod designed for adults with type 2 diabetes. This tubeless, wearable device delivers continuous insulin without requiring a separate controller. By eliminating the need for daily injections and offering pre-programmed insulin rates, Omnipod GO simplifies diabetes management. Its user-friendly design and pharmacy accessibility enhance convenience for both patients and healthcare providers, reinforcing Insulet's commitment to advancing diabetes care through innovative technology.
In December 2024, Lupin Limited, an India-based pharmaceutical company, acquired the Humulin range in India from Eli Lilly & Company for an undisclosed amount. This acquisition strengthens Lupin's position in the Indian insulin market by expanding its product portfolio with the addition of Huminsulin from Eli Lilly & Company. Eli Lilly & Company, a US-based pharmaceutical firm, specializes in insulin products, including short-acting insulin, further reinforcing Lupin's commitment to providing comprehensive diabetes care solutions.
Major players in the short-acting insulin market are Sanofi S.A., Eli Lilly and Company, Novo Nordisk A/S, Baxter International Inc., Eisai Co. Ltd., Sumitomo Pharma Co. Ltd., Biocon Limited, Kissei Pharmaceutical Co. Ltd., Lupin Limited, Wockhardt Ltd., Lannett Co. Inc., MannKind Corporation, Sihuan Pharmaceutical Holdings Group Ltd., Julphar(Gulf Pharmaceutical Industries), Geropharm LLC, Bioton S.A., hec pharm co. ltd, ADOCIA SAS, Gan & Lee Pharmaceuticals Co. Ltd., and Adocia S.A.S.
North America was the largest region in the short-acting insulin market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in short-acting insulin report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the short-acting insulin market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The short-acting insulin market consists of sales of human insulin, analogue insulin, and biosimilars. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Short-Acting Insulin Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on short-acting insulin market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for short-acting insulin ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The short-acting insulin market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.