Global Insulin Delivery Devices Market to 2025
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INSULIN DELIVERY DEVICES MARKET To 2025 Global Analysis and Forecasts By Product (Insulin Pens, Insulin Pumps, Insulin Syringes, Pen Needles, and Others), End User (Patients/Homecare and Hospitals & Clinics), and Geography
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Global Insulin Delivery Devices Market to 2025
www.theinsightpartners.com
According to a new market research study titled ‘Insulin Delivery Devices Market to 2025 Global Analysis and Forecasts by Product and End User, the global insulin delivery devices market was valued at US$ 11,869.0 Mn in 2017 and is estimated to reach US$ 22,830.0 Mn by 2025. The market is estimated to grow with a CAGR of 8.7% from 2018-2025.The report highlights the trends prevalent in the global insulin delivery devices market and the factors driving the market along with those that act as deterrents to its growth. The increasing prevalence of diabetes, rapid growth in the geriatric population and increasing technological advancement are the other factors that are anticipated to upsurge the market growth of insulin delivery devices. However, the factors such as high cost of insulin delivery devices and complications & risk associated with the delivery of insulin are expected to act as a major challenges hindering the market growth at a certain extent. Global insulin delivery devices market, based on product segmented into insulin pens, insulin pumps, insulin syringes, pen needles and others. In 2017, insulin pens segment held the largest share of the market by product type. The insulin pumps segment is expected to grow at the fastest rate during the coming years. The increasing rate of obesity, sedentary lifestyle and improper diet play a major role in increasing diabetes among the population worldwide. Physical activity is important to maintain the blood glucose level. Lack of exercise and unhealthy diet such as diet high in fat and calories increase the risk for the development of obesity and diabetes. Obesity is one of the major issue that affect people of all ages and incomes globally. According to World Health Organization (WHO), in 2016, more than 1.9 billion adults aged 18 years and older were overweight. And out of these over 650 million adults were obese. Hence, this is expected to increase the demand of insulin delivery devices in the coming years. The major players operating in the insulin delivery devices market include BD, B. Braun Melsungen AG, Insulet Corporation, Medtronic, Tandem Diabetes Care, Inc., Eli Lilly and Company, Biocon, Owen Mumford, Ltd., Sanofi among others. The market players are focused towards bringing new and innovative product launches to sustain their position in the market. For instance, in February, 2018, Medtronic launched MiniMed (TM) 670G
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Global Insulin Delivery Devices Market to 2025
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system for patients with 7-13 years of age. The report segments the global insulin delivery devices market as follows: Global Insulin Delivery Devices Market - By Product Insulin Pens Reusable Insulin Pens Disposable Insulin Pens Insulin Pumps Tube Pumps Patch Pumps Insulin Syringes Pen Needles Standard Pen Needles Safety Pen Needles Others Global Insulin Delivery Devices Market - By End User Patients/Homecare Hospitals & Clinics Global Insulin Delivery Devices Market - By Geography North America U.S. Canada Mexico
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Global Insulin Delivery Devices Market to 2025
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Europe UK Germany France Asia Pacific (APAC) Japan China India Middle East & Africa (MEA) South Africa UAE South and Central America (SCAM) Brazil
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Global Insulin Delivery Devices Market to 2025
www.theinsightpartners.com
ABOUT US The Insight Partners is a one-stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Technology, Media, and Telecommunication. Our research model is very simple. We believe in client servicing and delivering the best quality to our customers. Through our research content, we are making sure that our customers get value for their money along with better quality data and analysis. Our research content is majorly focused towards market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis, etc. We provide a detailed break-up of segmentation in terms of geography, technology, products, and services etc., which helps our clients to gain a deeper analytical understanding of various research topics.
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Global Insulin Delivery Devices Market to 2025
www.theinsightpartners.com
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