Rapid Acting Insulin Market Analysis
The global rapid-acting insulin market is expected to grow at a CAGR of 4.75% and reach US$11. 17 billion by 2032, from US$7. 36 billion in 2023. The market is mainly driven by growth rate of diabetes and the rise in investment in research and development for human recombinant insulin.
Rapid Acting Insulin Industry Overview
Rapid-acting insulin is a type of insulin designed to manage blood glucose levels quickly and efficiently. Unlike long-acting insulins, which are designed for sustained release throughout the day, rapid-acting insulins start to work within 15 minutes of injection, peak in about 1 to 2 hours, and last for 3 to 5 hours. This quick action mimics the natural insulin response to food intake, making it ideal for managing blood sugar spikes associated with meals.
Globally, rapid-acting insulin is used primarily by individuals with type 1 diabetes and those with type 2 diabetes who require insulin therapy. Its swift onset and