| Product Code: ETC8843547 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the Philippines continued to see significant insulin import shipments from top exporting countries including Switzerland, India, South Korea, Germany, and the USA. Despite the low concentration of the Herfindahl-Hirschman Index (HHI), indicating a diverse market supply, the industry experienced a notable decline with a compound annual growth rate (CAGR) of -17.36% from 2020 to 2024. Furthermore, the growth rate from 2023 to 2024 plummeted by -47.02%, reflecting a challenging period for the Philippine market in terms of insulin imports.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Insulin Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Insulin Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Insulin Market - Industry Life Cycle |
3.4 Philippines Insulin Market - Porter's Five Forces |
3.5 Philippines Insulin Market Revenues & Volume Share, By Mode of Action, 2021 & 2031F |
3.6 Philippines Insulin Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Philippines Insulin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Insulin Market Trends |
6 Philippines Insulin Market, By Types |
6.1 Philippines Insulin Market, By Mode of Action |
6.1.1 Overview and Analysis |
6.1.2 Philippines Insulin Market Revenues & Volume, By Mode of Action, 2021- 2031F |
6.1.3 Philippines Insulin Market Revenues & Volume, By Rapid-acting, 2021- 2031F |
6.1.4 Philippines Insulin Market Revenues & Volume, By Short-acting, 2021- 2031F |
6.1.5 Philippines Insulin Market Revenues & Volume, By Intermediate-acting, 2021- 2031F |
6.1.6 Philippines Insulin Market Revenues & Volume, By Premixed, 2021- 2031F |
6.1.7 Philippines Insulin Market Revenues & Volume, By Long-acting, 2021- 2031F |
6.2 Philippines Insulin Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Philippines Insulin Market Revenues & Volume, By Modern Insulin, 2021- 2031F |
6.2.3 Philippines Insulin Market Revenues & Volume, By Human Insulin, 2021- 2031F |
7 Philippines Insulin Market Import-Export Trade Statistics |
7.1 Philippines Insulin Market Export to Major Countries |
7.2 Philippines Insulin Market Imports from Major Countries |
8 Philippines Insulin Market Key Performance Indicators |
9 Philippines Insulin Market - Opportunity Assessment |
9.1 Philippines Insulin Market Opportunity Assessment, By Mode of Action, 2021 & 2031F |
9.2 Philippines Insulin Market Opportunity Assessment, By Source, 2021 & 2031F |
10 Philippines Insulin Market - Competitive Landscape |
10.1 Philippines Insulin Market Revenue Share, By Companies, 2024 |
10.2 Philippines Insulin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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