Press release
Global Insulin Delivery Devices Market Forecast 2024: Global Key Manufactures, Challenges, Opportunities
The Global Insulin Delivery Devices Market accounted to USD 11.0 billion in 2016 growing at a CAGR of 8.8% during the forecast period of 2017 to 2024.Global Insulin Delivery Devices Market, By Product Type (Insulin Syringes, Insulin Pens(Reusable, Disposable), Insulin Pumps (External/Tethered, Patch), Pen Needles (Standard, Safety), Insulin Syringes, Insulin Injectors), By End User (Homecare, Hospitals, Clinics, Others), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
The insulin delivery devices are the devices that are used for delivering insulin. There are numerous types of devices which are used for delivering insulin such as syringes, pens, jet injectors, insulin pumps among others.
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Market Segmentation:
By product type the insulin delivery devices market is segmented into insulin syringes, insulin pens, insulin pumps, pen needles, insulin syringes and insulin injectors. Insulin pens are further segmented into reusable and disposable. Insulin pumps is further segmented into external/tethered and patch. Also Pen needles are segmented into standard and safety.
On the basis of End User the market is segmented into homecare, hospitals, clinics and others.
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Major Market Drivers and Restraints:
Increasing number of diabetics patients
Growing prevalence of obesity leading to diabetes
Portability of insulin pumps and easy use
Technological advancements in the insulin devices
Based on geography, the market is segmented into five geographical regions:
North America
South America
Europe
Asia-Pacific(APAC)
Middle East and Africa(MEA)
Global Insulin Delivery Devices Market Is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Some Of The Major Players Operating In Insulin Delivery Devices Market Are
Novo Nordisk A/S
Ypsomed Holding AG
Animas Corporation
Tandem Diabetes Care, Inc
Medtronic plc,
Sanofi, Biocon Ltd
Eli Lilly and Company
Insulet Corporation
Abbott Laboratories
Hoffmann-La Roche Ltd
Braun Melsungen AG
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Demand Side Primary Contributors: Doctors, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Related Report
Europe Drug Delivery Market – Trends and Forecast to 2024
Europe Drug Delivery Market, By Route of Administration (Oral (Solid, Liquid, Semi-Solid), Injectable, Topical (Formulations, Transdermal Devices), Pulmonary (MDI, DPI, Nebulizers), Nasal, Ocular, Implantable, Transmucosal), By End-User (Hospitals, Clinics, Home Healthcare, Community Centers, Others), By Distribution Channel (Direct Tenders, Hospital Pharmacies, Pharmacy Stores, Online Pharmacies), By Country (Germany, France, U.K., Spain, Italy, Russia, Netherlands, Switzerland, Turkey, Belgium, Rest of Europe) – Trends and Forecast to 2024 http://databridgemarketresearch.com/reports/pharmaceutical/europe-drug-delivery-devices-market-trends-and-forecast-to-2024/
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