Brazil Insulin Market Analysis


  • Type: Common Disease Area
  • Published : May 2021
  • Region: LATAM
  • Country: Brazil
  • Report ID : 4639

  • Format: PPT, PDF

Brazil Insulin Market: Segmented by Product Type (Analogue insulin and Traditional human insulin), and By Distribution Channel (Retail Pharmacy, Hospital Pharmacy and Online Pharmacy) – Growth, Trends, and Forecasts (2019 – 2028)


Report Overview

The Brazil Insulin market size stood at around USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of 5% during the forecast period.

Diabetes is generally considered as a lifestyle-related disease. Over time, incidences of the disease have increased outrageously, with the increase in population. Brazil is one of top 10 countries with the highest number of people with diabetes mellitus (DM), affecting 16.8 million peoples. It is estimated that 7.7 million people (20–79 years) in the country have not yet been diagnosed, representing an under-diagnosis rate of 46.0%.

Although insulin has been used in the treatment of diabetes for over 90 years, more than half of those who need insulin today still cannot afford and access it. People with Type 1 diabetes need insulin therapy, which focuses on managing blood sugar levels, along with insulin, diet, and lifestyle, in order to prevent complications.

Market Drivers

Brazil has undergone rapid demographic, nutritional, and epidemiological transitions, which have led to an increase in the prevalence of diabetes in this region. Currently, the youth demographic forms a significant portion of Brazil’s population. Since type I diabetes affects an individual at a very young age, the presence of a large younger demographic provides significant growth opportunities for vendors in the human insulin drugs market in Brazil.

Technological advancements are expected to be one of the key factors for the growth of the human insulin drugs market size in Brazil during the forecast period.

Major Diabetes Type

Based on diabetes type, the insulin drugs market is bifurcated into type 1 diabetes and type 2 diabetes. In terms of type, the type 2 diabetes segment is anticipated to grow at a faster CAGR because of increasing ageing population of the country.

1. Brazil Insulin Market Overview…………………………..
A. Market Size
2. Market Growth Drivers……………………………………………………..……………….
A. Increase in healthcare expenditure of the country
B. Rising number in diabetic patient
3. Major Diabetes Types ………………………………………….
A. Type 1 diabetes
B. Type 2 diabetes
4. Insulin Market Segmentation……………………………………..
A. By Product Type
I. Analogue insulin
II. Traditional human insulin
B. By Distribution Channel
I. Retail Pharmacy
II. Online Pharmacy
III. Hospital Pharmacy
5. Major Insulin Market Share ………………………………….
A. Market Analysis, Insights and Forecast by Revenue
6. Competitive Landscape………………………………………………………….………..
A. Major Players
B. Products in Pipeline
7. Key Company Profiles…………………………………………………………………….
A. Eli Lilly and Co overview, Product & Services, Strategies & Financials
B. Novo Nordisk AS Company overview, Product & Services, Strategies & Financials
C. Sanofi Company profile, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape…………………………..…………
A. Policy changes and Regulatory Guidelines
9. Factors Driving Future Growth…………………………………………………………..
A. Key Industry Developments
B. Future Opportunities
10. Conclusion

Market Segmentation

By Product Type:

Based on product type, the human insulin market can be segmented into analogue insulin and traditional human insulin. Analogue insulin is further bifurcated into long-acting insulin, fast-acting insulin, and premix insulin. The traditional insulin is segmented into long-acting insulin, short-acting insulin, fast-acting insulin, and premix insulin.

The analogue insulin is estimated to hold the major market share owing to the increasing advantages analogue insulin provides compared to the traditional human insulin. Combined with this, the recent launch of generic insulin is also expected to propel the human insulin market growth.

The traditional human insulin segment is estimated to grow at a slower CAGR compared to analogue insulin owing to lower adoption rate of the drug type. Though, now there are different kinds of traditional human insulin, the increased efficacy and response rate of analogue insulin has resulted in this specific market trend.

By Distribution Channel:

Based on the distribution channel, the human insulin market is segmented into retail pharmacy, online pharmacy, and hospital pharmacy.

The retail pharmacy is projected to generate the highest revenue in the during the forecast period. The higher availability of insulin in retail channel is estimated as the major driving factor for the segment. However, the recent trend of adoption of online pharmacy for insulin is projected to boost the online pharmacy market segment. This is mainly on account of increasing discounts offered by the online pharmacy compared to the expensive insulin available in the market.

Major Players

With the presence of several major players, the human insulin drugs market in brazil is fragmented. Several leading human insulin drugs market in brazil manufacturers, that include Biocon Ltd., Eli Lilly and Co., Novo Nordisk AS, Sanofi, and Wockhardt Ltd.

The major vendors in the market are now focusing on developing novel human insulin drugs through strategic alliances, especially by partnering with research institutes and other healthcare organizations.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

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The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

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We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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