Insulin Delivery Devices Market Size, Share Analysis Forecast to 2025 By Global Key Players - B. Braun Melsungen AG, Insulet Corporation, Medtronic, Tandem Diabetes Care, Inc., Eli Lilly and Company, Biocon, Owen Mumford, Ltd., Sanofi.
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 and
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.Rise in obesity associated with increasing sedentary lifestyle and improper diet is anticipated to drive the market for insulin delivery devices over the forecast period.
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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.
The major players operating in the insulin delivery devices market include
2. Novo Nordisk A/S
3. B. Braun Melsungen AG
4. Insulet Corporation
6. Tandem Diabetes Care, Inc.
7. Eli Lilly and Company
9. Owen Mumford, Ltd.
Insulin is an important treatment plan for the people suffering with diabetes that helps in getting glucose from bloodstream into the muscles and fat cells to be used for fuel. Insulin is injected or infused into the fatty tissue under the skin through the delivery devices. There are numerous devices that can be used to deliver insulin, including insulin pens, insulin pumps, pen needles, insulin syringes, and jet injectors among others. The report would be of an interest to various stakeholders operating in the insulin delivery devices. These stakeholders include healthcare institutes, pharmaceutical and biotechnology therapeutics manufactures and suppliers, academic and research institutes, insulin delivery devices manufacturers and vendors, distributors and others.
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The report analyzes factors affecting market from both demand and supply side and further evaluates insulin delivery devices market dynamics effecting the insulin delivery devices market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key manufacturing companies along with their SWOT analysis and market strategies.
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
Global Insulin Delivery Devices Market - By End User
• Hospitals & Clinics
Global Insulin Delivery Devices Market - By Geography
- North America
-Asia Pacific (APAC)
- Middle East & Africa (MEA)
- South and Central America (SCAM)
Reason to Buy :
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the insulin delivery devices market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global insulin delivery devices market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
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The report also includes the profiles of key manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last three years, key development in past five years.
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