Global Insulin Supply, Demand and Key Producers, 2024-2030
Page: 104
Published Date: 18 Feb 2024
Category: Pharma & Healthcare
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
The global Insulin market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).
The major players in China Insulin market include Novo Nordisk, Eli Lilly, etc. The top 2 players occupy about 60% shares of the whole market. Tianjin and Jiangsu are main markets, they occupy about 60% of the whole market. Regular Human Insulin is the main type, with a share over 60%. Long Acting and Intermediate Acting are the main applications, which holds a share about 70%.
Insulin is used to treat type 1 diabetes (condition in which the body does not produce insulin and therefore cannot control the amount of sugar in the blood). It is also used to treat people with type 2 diabetes (condition in which the body does not use insulin normally and, therefore, cannot control the amount of sugar in blood) who need insulin to control their diabetes. Nowadays, Insulin as an important drug is widely used to treat diabetes.
This report studies the global Insulin production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Insulin, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Insulin that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Insulin total production and demand, 2019-2030, (K MT)
Global Insulin total production value, 2019-2030, (USD Million)
Global Insulin production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K MT)
Global Insulin consumption by region & country, CAGR, 2019-2030 & (K MT)
U.S. VS China: Insulin domestic production, consumption, key domestic manufacturers and share
Global Insulin production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K MT)
Global Insulin production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K MT)
Global Insulin production by Application production, value, CAGR, 2019-2030, (USD Million) & (K MT).
This reports profiles key players in the global Insulin market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Novo Nordisk, Eli Lilly, Sanofi-Aventis, Tonghua Dongbao, Ganlee, United Laboratory and Jiangsu Wanbang, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Insulin market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Insulin Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Insulin Market, Segmentation by Type
Animal Insulin
Regular Human Insulin
Insulin Analogue
Global Insulin Market, Segmentation by Application
Short Acting
Intermediate Acting
Long Acting
Pre-Mix Insulin
Companies Profiled:
Novo Nordisk
Eli Lilly
Sanofi-Aventis
Tonghua Dongbao
Ganlee
United Laboratory
Jiangsu Wanbang
Key Questions Answered
1. How big is the global Insulin market?
2. What is the demand of the global Insulin market?
3. What is the year over year growth of the global Insulin market?
4. What is the production and production value of the global Insulin market?
5. Who are the key producers in the global Insulin market?
Table of Contents
1 Supply Summary
1.1 Insulin Introduction
1.2 World Insulin Supply & Forecast
1.2.1 World Insulin Production Value (2019 & 2023 & 2030)
1.2.2 World Insulin Production (2019-2030)
1.2.3 World Insulin Pricing Trends (2019-2030)
1.3 World Insulin Production by Region (Based on Production Site)
1.3.1 World Insulin Production Value by Region (2019-2030)
1.3.2 World Insulin Production by Region (2019-2030)
1.3.3 World Insulin Average Price by Region (2019-2030)
1.3.4 North America Insulin Production (2019-2030)
1.3.5 Europe Insulin Production (2019-2030)
1.3.6 China Insulin Production (2019-2030)
1.3.7 Japan Insulin Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Insulin Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Insulin Major Market Trends
2 Demand Summary
2.1 World Insulin Demand (2019-2030)
2.2 World Insulin Consumption by Region
2.2.1 World Insulin Consumption by Region (2019-2024)
2.2.2 World Insulin Consumption Forecast by Region (2025-2030)
2.3 United States Insulin Consumption (2019-2030)
2.4 China Insulin Consumption (2019-2030)
2.5 Europe Insulin Consumption (2019-2030)
2.6 Japan Insulin Consumption (2019-2030)
2.7 South Korea Insulin Consumption (2019-2030)
2.8 ASEAN Insulin Consumption (2019-2030)
2.9 India Insulin Consumption (2019-2030)
3 World Insulin Manufacturers Competitive Analysis
3.1 World Insulin Production Value by Manufacturer (2019-2024)
3.2 World Insulin Production by Manufacturer (2019-2024)
3.3 World Insulin Average Price by Manufacturer (2019-2024)
3.4 Insulin Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Insulin Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Insulin in 2023
3.5.3 Global Concentration Ratios (CR8) for Insulin in 2023
3.6 Insulin Market: Overall Company Footprint Analysis
3.6.1 Insulin Market: Region Footprint
3.6.2 Insulin Market: Company Product Type Footprint
3.6.3 Insulin Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4 United States VS China VS Rest of the World
4.1 United States VS China: Insulin Production Value Comparison
4.1.1 United States VS China: Insulin Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Insulin Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Insulin Production Comparison
4.2.1 United States VS China: Insulin Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Insulin Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Insulin Consumption Comparison
4.3.1 United States VS China: Insulin Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Insulin Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Insulin Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Insulin Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Insulin Production Value (2019-2024)
4.4.3 United States Based Manufacturers Insulin Production (2019-2024)
4.5 China Based Insulin Manufacturers and Market Share
4.5.1 China Based Insulin Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Insulin Production Value (2019-2024)
4.5.3 China Based Manufacturers Insulin Production (2019-2024)
4.6 Rest of World Based Insulin Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Insulin Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Insulin Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Insulin Production (2019-2024)
5 Market Analysis by Type
5.1 World Insulin Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Animal Insulin
5.2.2 Regular Human Insulin
5.2.3 Insulin Analogue
5.3 Market Segment by Type
5.3.1 World Insulin Production by Type (2019-2030)
5.3.2 World Insulin Production Value by Type (2019-2030)
5.3.3 World Insulin Average Price by Type (2019-2030)
6 Market Analysis by Application
6.1 World Insulin Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Short Acting
6.2.2 Intermediate Acting
6.2.3 Long Acting
6.2.4 Pre-Mix Insulin
6.3 Market Segment by Application
6.3.1 World Insulin Production by Application (2019-2030)
6.3.2 World Insulin Production Value by Application (2019-2030)
6.3.3 World Insulin Average Price by Application (2019-2030)
7 Company Profiles
7.1 Novo Nordisk
7.1.1 Novo Nordisk Details
7.1.2 Novo Nordisk Major Business
7.1.3 Novo Nordisk Insulin Product and Services
7.1.4 Novo Nordisk Insulin Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Novo Nordisk Recent Developments/Updates
7.1.6 Novo Nordisk Competitive Strengths & Weaknesses
7.2 Eli Lilly
7.2.1 Eli Lilly Details
7.2.2 Eli Lilly Major Business
7.2.3 Eli Lilly Insulin Product and Services
7.2.4 Eli Lilly Insulin Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Eli Lilly Recent Developments/Updates
7.2.6 Eli Lilly Competitive Strengths & Weaknesses
7.3 Sanofi-Aventis
7.3.1 Sanofi-Aventis Details
7.3.2 Sanofi-Aventis Major Business
7.3.3 Sanofi-Aventis Insulin Product and Services
7.3.4 Sanofi-Aventis Insulin Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Sanofi-Aventis Recent Developments/Updates
7.3.6 Sanofi-Aventis Competitive Strengths & Weaknesses
7.4 Tonghua Dongbao
7.4.1 Tonghua Dongbao Details
7.4.2 Tonghua Dongbao Major Business
7.4.3 Tonghua Dongbao Insulin Product and Services
7.4.4 Tonghua Dongbao Insulin Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Tonghua Dongbao Recent Developments/Updates
7.4.6 Tonghua Dongbao Competitive Strengths & Weaknesses
7.5 Ganlee
7.5.1 Ganlee Details
7.5.2 Ganlee Major Business
7.5.3 Ganlee Insulin Product and Services
7.5.4 Ganlee Insulin Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Ganlee Recent Developments/Updates
7.5.6 Ganlee Competitive Strengths & Weaknesses
7.6 United Laboratory
7.6.1 United Laboratory Details
7.6.2 United Laboratory Major Business
7.6.3 United Laboratory Insulin Product and Services
7.6.4 United Laboratory Insulin Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 United Laboratory Recent Developments/Updates
7.6.6 United Laboratory Competitive Strengths & Weaknesses
7.7 Jiangsu Wanbang
7.7.1 Jiangsu Wanbang Details
7.7.2 Jiangsu Wanbang Major Business
7.7.3 Jiangsu Wanbang Insulin Product and Services
7.7.4 Jiangsu Wanbang Insulin Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 Jiangsu Wanbang Recent Developments/Updates
7.7.6 Jiangsu Wanbang Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 Insulin Industry Chain
8.2 Insulin Upstream Analysis
8.2.1 Insulin Core Raw Materials
8.2.2 Main Manufacturers of Insulin Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Insulin Production Mode
8.6 Insulin Procurement Model
8.7 Insulin Industry Sales Model and Sales Channels
8.7.1 Insulin Sales Model
8.7.2 Insulin Typical Customers
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Insulin Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Insulin Production Value by Region (2019-2024) & (USD Million)
Table 3. World Insulin Production Value by Region (2025-2030) & (USD Million)
Table 4. World Insulin Production Value Market Share by Region (2019-2024)
Table 5. World Insulin Production Value Market Share by Region (2025-2030)
Table 6. World Insulin Production by Region (2019-2024) & (K MT)
Table 7. World Insulin Production by Region (2025-2030) & (K MT)
Table 8. World Insulin Production Market Share by Region (2019-2024)
Table 9. World Insulin Production Market Share by Region (2025-2030)
Table 10. World Insulin Average Price by Region (2019-2024) & (USD/MT)
Table 11. World Insulin Average Price by Region (2025-2030) & (USD/MT)
Table 12. Insulin Major Market Trends
Table 13. World Insulin Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (K MT)
Table 14. World Insulin Consumption by Region (2019-2024) & (K MT)
Table 15. World Insulin Consumption Forecast by Region (2025-2030) & (K MT)
Table 16. World Insulin Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Insulin Producers in 2023
Table 18. World Insulin Production by Manufacturer (2019-2024) & (K MT)
Table 19. Production Market Share of Key Insulin Producers in 2023
Table 20. World Insulin Average Price by Manufacturer (2019-2024) & (USD/MT)
Table 21. Global Insulin Company Evaluation Quadrant
Table 22. World Insulin Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Insulin Production Site of Key Manufacturer
Table 24. Insulin Market: Company Product Type Footprint
Table 25. Insulin Market: Company Product Application Footprint
Table 26. Insulin Competitive Factors
Table 27. Insulin New Entrant and Capacity Expansion Plans
Table 28. Insulin Mergers & Acquisitions Activity
Table 29. United States VS China Insulin Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Insulin Production Comparison, (2019 & 2023 & 2030) & (K MT)
Table 31. United States VS China Insulin Consumption Comparison, (2019 & 2023 & 2030) & (K MT)
Table 32. United States Based Insulin Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Insulin Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Insulin Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Insulin Production (2019-2024) & (K MT)
Table 36. United States Based Manufacturers Insulin Production Market Share (2019-2024)
Table 37. China Based Insulin Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Insulin Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Insulin Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Insulin Production (2019-2024) & (K MT)
Table 41. China Based Manufacturers Insulin Production Market Share (2019-2024)
Table 42. Rest of World Based Insulin Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Insulin Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Insulin Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Insulin Production (2019-2024) & (K MT)
Table 46. Rest of World Based Manufacturers Insulin Production Market Share (2019-2024)
Table 47. World Insulin Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Insulin Production by Type (2019-2024) & (K MT)
Table 49. World Insulin Production by Type (2025-2030) & (K MT)
Table 50. World Insulin Production Value by Type (2019-2024) & (USD Million)
Table 51. World Insulin Production Value by Type (2025-2030) & (USD Million)
Table 52. World Insulin Average Price by Type (2019-2024) & (USD/MT)
Table 53. World Insulin Average Price by Type (2025-2030) & (USD/MT)
Table 54. World Insulin Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Insulin Production by Application (2019-2024) & (K MT)
Table 56. World Insulin Production by Application (2025-2030) & (K MT)
Table 57. World Insulin Production Value by Application (2019-2024) & (USD Million)
Table 58. World Insulin Production Value by Application (2025-2030) & (USD Million)
Table 59. World Insulin Average Price by Application (2019-2024) & (USD/MT)
Table 60. World Insulin Average Price by Application (2025-2030) & (USD/MT)
Table 61. Novo Nordisk Basic Information, Manufacturing Base and Competitors
Table 62. Novo Nordisk Major Business
Table 63. Novo Nordisk Insulin Product and Services
Table 64. Novo Nordisk Insulin Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Novo Nordisk Recent Developments/Updates
Table 66. Novo Nordisk Competitive Strengths & Weaknesses
Table 67. Eli Lilly Basic Information, Manufacturing Base and Competitors
Table 68. Eli Lilly Major Business
Table 69. Eli Lilly Insulin Product and Services
Table 70. Eli Lilly Insulin Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Eli Lilly Recent Developments/Updates
Table 72. Eli Lilly Competitive Strengths & Weaknesses
Table 73. Sanofi-Aventis Basic Information, Manufacturing Base and Competitors
Table 74. Sanofi-Aventis Major Business
Table 75. Sanofi-Aventis Insulin Product and Services
Table 76. Sanofi-Aventis Insulin Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Sanofi-Aventis Recent Developments/Updates
Table 78. Sanofi-Aventis Competitive Strengths & Weaknesses
Table 79. Tonghua Dongbao Basic Information, Manufacturing Base and Competitors
Table 80. Tonghua Dongbao Major Business
Table 81. Tonghua Dongbao Insulin Product and Services
Table 82. Tonghua Dongbao Insulin Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Tonghua Dongbao Recent Developments/Updates
Table 84. Tonghua Dongbao Competitive Strengths & Weaknesses
Table 85. Ganlee Basic Information, Manufacturing Base and Competitors
Table 86. Ganlee Major Business
Table 87. Ganlee Insulin Product and Services
Table 88. Ganlee Insulin Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. Ganlee Recent Developments/Updates
Table 90. Ganlee Competitive Strengths & Weaknesses
Table 91. United Laboratory Basic Information, Manufacturing Base and Competitors
Table 92. United Laboratory Major Business
Table 93. United Laboratory Insulin Product and Services
Table 94. United Laboratory Insulin Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 95. United Laboratory Recent Developments/Updates
Table 96. Jiangsu Wanbang Basic Information, Manufacturing Base and Competitors
Table 97. Jiangsu Wanbang Major Business
Table 98. Jiangsu Wanbang Insulin Product and Services
Table 99. Jiangsu Wanbang Insulin Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 100. Global Key Players of Insulin Upstream (Raw Materials)
Table 101. Insulin Typical Customers
Table 102. Insulin Typical Distributors
List of Figure
Figure 1. Insulin Picture
Figure 2. World Insulin Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Insulin Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Insulin Production (2019-2030) & (K MT)
Figure 5. World Insulin Average Price (2019-2030) & (USD/MT)
Figure 6. World Insulin Production Value Market Share by Region (2019-2030)
Figure 7. World Insulin Production Market Share by Region (2019-2030)
Figure 8. North America Insulin Production (2019-2030) & (K MT)
Figure 9. Europe Insulin Production (2019-2030) & (K MT)
Figure 10. China Insulin Production (2019-2030) & (K MT)
Figure 11. Japan Insulin Production (2019-2030) & (K MT)
Figure 12. Insulin Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Insulin Consumption (2019-2030) & (K MT)
Figure 15. World Insulin Consumption Market Share by Region (2019-2030)
Figure 16. United States Insulin Consumption (2019-2030) & (K MT)
Figure 17. China Insulin Consumption (2019-2030) & (K MT)
Figure 18. Europe Insulin Consumption (2019-2030) & (K MT)
Figure 19. Japan Insulin Consumption (2019-2030) & (K MT)
Figure 20. South Korea Insulin Consumption (2019-2030) & (K MT)
Figure 21. ASEAN Insulin Consumption (2019-2030) & (K MT)
Figure 22. India Insulin Consumption (2019-2030) & (K MT)
Figure 23. Producer Shipments of Insulin by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 24. Global Four-firm Concentration Ratios (CR4) for Insulin Markets in 2023
Figure 25. Global Four-firm Concentration Ratios (CR8) for Insulin Markets in 2023
Figure 26. United States VS China: Insulin Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States VS China: Insulin Production Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Insulin Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States Based Manufacturers Insulin Production Market Share 2023
Figure 30. China Based Manufacturers Insulin Production Market Share 2023
Figure 31. Rest of World Based Manufacturers Insulin Production Market Share 2023
Figure 32. World Insulin Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 33. World Insulin Production Value Market Share by Type in 2023
Figure 34. Animal Insulin
Figure 35. Regular Human Insulin
Figure 36. Insulin Analogue
Figure 37. World Insulin Production Market Share by Type (2019-2030)
Figure 38. World Insulin Production Value Market Share by Type (2019-2030)
Figure 39. World Insulin Average Price by Type (2019-2030) & (USD/MT)
Figure 40. World Insulin Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 41. World Insulin Production Value Market Share by Application in 2023
Figure 42. Short Acting
Figure 43. Intermediate Acting
Figure 44. Long Acting
Figure 45. Pre-Mix Insulin
Figure 46. World Insulin Production Market Share by Application (2019-2030)
Figure 47. World Insulin Production Value Market Share by Application (2019-2030)
Figure 48. World Insulin Average Price by Application (2019-2030) & (USD/MT)
Figure 49. Insulin Industry Chain
Figure 50. Insulin Procurement Model
Figure 51. Insulin Sales Model
Figure 52. Insulin Sales Channels, Direct Sales, and Distribution
Figure 53. Methodology
Figure 54. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Novo Nordisk Eli Lilly Sanofi-Aventis Tonghua Dongbao Ganlee United Laboratory Jiangsu Wanbang
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