the insulin and insulin pumps market
L’ insulin is produced in the pancreas to help control glucose levels in the blood, i. e. blood sugar. Insulin production is aimed at correcting a body failure, especially in the case of diabetes. Insulin is a more global segment of the diabetic treatment including drugs, insulin, glucose meters, insulin pumps, pen injectors, etc. The market segments of the insulin pumps and of the pens are therefore markets adjacent to the insulin market in France.
According to the WHO , in 2040 , 622 million people will have diabetes and 40% of them will be treated with insulin Public Health France highlights the fact that by France in 2016, 3.3 million people were being treated for their diabetes (about 5% of the population), and this number is increasing: the average annual growth rate 2015-2020 is estimated at 12%. Among them, 2/3 of people with diabetes treated with insulin in 2012 in France are over 60 years old. By 2025, the elderly will account for a quarter of the French population. However, the high number of diabetics in the elderly (increase in the prevalence of diabetes in the elderly) is explained by two main factors: the increase in the frequency of diabetes and the continuous increase in life expectancy. This is therefore the main request made by insulin providers.
The market for the production of inhaled insulin represents a potential of a few billion dollars per year. The insulin production market is dominated by big Pharma giants but is promising for the biotechs like Adocia. The players in the insulin production market then rely on the R to accelerate the time to market of their products.
The insulin production market is confronted with many challenges Increasingly expensive development of new molecules, pricing pressures from paying agencies, tighter regulatory requirements, etc.
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