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Increasing prevalence of type I and type II diabetes is expected to drive the entire insulin market over
the forecast period. Basically, insulin is a peptide hormone secreted with the help of beta cells by
pancreas. The main function of insulin is to enable the absorption of glucose from the blood in the body
which provides energy to the body and stabilize the level of blood glucose.
Continuous changing food habit of people coupled with changing life style is anticipated to increase the
rate of obsessed population which is a factor triggering the market for diabetes. Furthermore, other
factors which support the growth of this market are increasing demand of insulin analogs are rapid
increase in geriatric population and growing demand for minimal invasive and noninvasive treatment for
diabetes.
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