Insulin Delivery Devices Market by Pen Needles, Insulin Pumps, Insulin Syringes and Reusable, Disposable Rear Excessive Growth Estimated by Key Top Players Becton, Dickinson and Company, Tandem Diabetes Care, Inc. to 2021

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Insulin delivery devices market projected to reach USD 17.85 Billion by 2021 from USD 11.54 Billion in 2016, growing at a CAGR of 9.1%. Growth of overall market can be attributed to favorable reimbursement scenario & strong government support in selected countries, technological advancements in insulin delivery devices, growing diabetic population, and rising awareness about insulin delivery devices.

Insulin delivery devices market report, favorable reimbursement scenario and strong government support in selected countries, technological advancements in insulin delivery devices, growing diabetic population, & rising awareness about insulin delivery devices are major factors driving growth of this market. However, needle anxiety, emergence of oral drug delivery methods.

Stakeholders of the Insulin Delivery Devices Market
• Manufacturers of pen needles, insulin pens, pumps, syringes, and injectable drug delivery devices
• Suppliers and distributors of pen needles, insulin pens, injectable drug delivery devices, and diabetes supplies
• Research institutes and academic centers
• Pharmaceutical and biopharmaceutical companies
• Biotechnology companies
• Authorities framing reimbursement policies for insulin delivery devices
• Business research and consulting service providers
• Venture capitalists

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Key players in global insulin delivery devices market include Becton, Dickinson and Company (U.S.), Novo Nordisk A/S (Denmark), Ypsomed Holding AG (Switzerland), Medtronic plc (Ireland), Animas Corporation (U.S.), Tandem Diabetes Care, Inc. (U.S.), Sanofi (France), Biocon Ltd. (India), Eli Lilly and Company (U.S.), and Insulet Corporation (U.S.).

Global insulin delivery devices market, Increasing research and development activities and increasing diabetes-related health expenditure in emerging countries are likely to offer significant growth opportunities for players operating in market. These companies adopt various strategies (product launches, collaborations, agreements, partnerships, alliances, grants, joint ventures, acquisitions, & expansions) to increase their market shares & establish a strong foothold in global market.

In-depth interviews were conducted with CEOs, Sales and Marketing Directors, innovation & technology directors, and executives from various key organizations operating in pharmaceutical robots market.
• By Company Type: Tier 1: 31%, Tier 2: 41%, Tier 3: 28%
• By Designation: Director-level: 34%, C-level: 45%, Others: 21%
• By Region: North America: 35%, Europe: 24%, APAC: 31%, RoW: 10%

More Information “Insulin Delivery Devices Market by Type (Insulin Pens (Reusable, Disposable), Insulin Pumps (External/Tethered, Patch), Pen Needles (Standard, Safety), Insulin Syringes) and End User (Patients/Homecare, Hospitals & Clinics) - Global Forecast to 2021” report @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=972929 .

Global insulin delivery devices market segmented on basis of type, end user, & region. In 2016, North America accounted for largest share of market, followed by Europe, Asia-Pacific, & RoW. Asia-Pacific region is projected to have highest growth rate in forecast period. Factors like rising prevalence of diabetes, high adoption of insulin pens, & government initiatives in Singapore are expected to support growth of Asia-Pacific insulin delivery devices market.

North America accounted for largest share of insulin delivery devices market. This growth can be attributed to rising prevalence of diabetes, favorable reimbursement scenario in the U.S. and Canada, growing venture capital investments and issuance of IPOs in the U.S., and FDA approvals to increase the commercial availability of insulin delivery devices in the U.S.

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Report studies insulin delivery devices market based on type, end user, & region. Report studies factors (such as drivers, restraints, opportunities, & challenges) affecting market growth. It analyzes opportunities & challenges in market for stakeholders & provides details of competitive landscape for market leaders.

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