U.S. Next Generation Diabetes Therapy and Drug Delivery Market Value to Show $6,510 Million by 223
The U.S. next generation diabetes therapy and drug delivery market was valued at $446 million in 2015, and is estimated to reach $6,510 million by 2023, registering a CAGR of 33.0% from 2017 to 2023.
Download Sample @ https://www.alliedmarketresearch.com/request-sample/4621
Next generation diabetes therapy and drug delivery devices are the advanced form of diabetic products that help improve the quality of life of diabetic patients. Oral and inhalable insulin introduces a different mode of insulin delivery in diabetic patients. As compared to injectable insulins, oral and inhalable insulin are painless mode of introducing insulin and reduces the risk of skin irritation due to needles. With the advancements in diabetes therapy systems such as insulin patches, CGM systems, and artificial pancreas, these devices can frequently detect the glucose levels and adjust the insulin levels that need to be used to manage the variation in glucose levels.
The market is expected to witness an exponential growth during the forecast period due to the benefits of using these advanced devices over conventional products and rise in the healthcare expenditure. Moreover, the availability of high disposable income and technological advancement of next generation diabetic products help fuel the market growth. However, cost restraints among the low and middle income population and less variability in products are expected to hinder the growth.
As compared to other diabetic products, CGM system is a well-established market and dominates the next generation diabetes therapy and drug delivery market. This is attributed to the presence of a large patient base suffering from diabetes and advantages of using these systems as compared to conventional diabetic products such as ease of usage, and efficient and early detection of change in blood glucose levels.
Among the end users, diagnostics/clinics is the largest contributor toward the market and is anticipated to continue its dominance during the analysis period. This is due to the increase in procurement of the products from diagnostics and clinics by diabetic patients.
Depending on demographics, the market is bifurcated into adult and child population. Adult population is the dominant segment that contributes toward the market growth as almost 90% of the diabetic population in the U.S. is above the age of 18 years.
Key Findings of the U.s. Next Generation Diabetes Therapy And Drug Delivery Market :
• The home healthcare segment is projected to grow at the highest rate during the analysis period.
• CGM system was the highest revenue contributor, and is expected to continue its dominance throughout the forecast period.
• Diagnostics/clinics dominated the U.S. next generation diabetes therapy and drug delivery market, and is projected to grow at a CAGR of 32.0%.
• Type II diabetes is the fastest growing segment in the U.S., registering a CAGR of 33.1%.
The major companies profiled in the report include Abbott Laboratories, Echo Therapeutics, Inc., F. Hoffmann-La Roche Ltd., GlySens Incorporated, Medtronic Plc, Sanofi, Novo Nordisk, MannKind Corporation, Dexcom, Inc., and Senseonics Holding, Inc.
Other players in the value chain include Enteris BioPharma, Synertech, Zosano Pharma Corp., Relmada Therapeutics, Inc., Eli Lilly and Company, and Transdermal Specialties Inc.
Send Enquiry on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/4621
Allied Market Research, a market research and advisory company of Allied Analytics LLP,
provides business insights and market research reports to large as well as small &
medium enterprises. The company assists its clients to strategize business policies and
achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection
to investment advice. The analysts at Allied Market Research dig out factors that help
clients to understand the significance and impact of market dynamics. The company
amplies client’s insight on the factors, such as strategies, future estimations, growth
or fall forecasting, opportunity analysis, and consumer surveys among others. As
follows, the company offers consistent business intelligent support to aid the clients
to turn into prominent business firm.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release U.S. Next Generation Diabetes Therapy and Drug Delivery Market Value to Show $6,510 Million by 223 here
News-ID: 1662791 • Views: 340
More Releases from Allied Market Research
Europe Cable Management Market Growth and Analysis (2021-2028): Key Market Dynam …
Allied Market Research published a new report, titled, "Europe Cable Management Market By Type (Distribution Board, Junction Box, Conduits, Trunking, Cable Tray, Bus Bar, and Others) and End User (IT & Telecom, Commercial Construction, Healthcare, Energy, Manufacturing & Automation, Marine, Mining, and Others) - Europe Opportunity Analysis and Industry Forecast, 2021-2028" The report provides a detailed study of the Europe cable management market covering a number of important aspects such as
Display Market Share and Latest Market Trends (2021-2028): Top Impacting Factors …
Allied Market Research published a new report, titled, "Display Market By Display Type (Flat Panel, Flexible Panel, and Transparent Panel), Technology (OLED, Quantum Dot, LED, LCD, E-Paper, and Others), Application (Smartphone & Tablet, Smart Wearable, Television & Digital Signage, PC & Laptop, Vehicle Display, and Others), and Industry Vertical (Healthcare, Consumer Electronics, Retail, BFSI, Military & Defense, Automotive, and Others) - Global Opportunity Analysis and Industry Forecast, 2021-2028". The report provides
Nanotechnology Market Share and New Research Updates (2021-2028): Current Scenar …
Allied Market Research published a new report, titled, "Nanotechnology Market By Type (Nanodevices and Nanosensors) and Application (Electronics, Energy, Chemical Manufacturing, Aerospace & Defense, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2028". The report provides a detailed study of the global nanotechnology market covering a number of important aspects such as current market scenario, estimates, top investment pockets, recent trends, changing dynamics, and vibrant forces of the industry from
Consumer Active Optical Cable Market Trends and Analysis (2021-2028): Latest Upd …
Allied Market Research published a new report, titled, "Consumer Active Optical Cable Market By Technology (HDMI, Ethernet, InfiniBand, DisplayPort, and USB), and Connector Type (SFP, CFP, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2028". The report provides a detailed study of the global consumer active optical cable market covering a number of important aspects such as current market scenario, estimates, top investment pockets, recent trends, changing dynamics, and vibrant forces
More Releases for Generation
Next Generation Sequencing Market
According to IMARC Group’s latest report, titled “Next-Generation Sequencing (NGS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global next generation sequencing (NGS) market is expanding at double digit growth rate and is expected to grow at a CAGR of 17% during 2020-2025. Next-generation sequencing refers to the process of determining the sequence of nucleotides in DNA. It involves various procedures, such as sequencing by synthesis (SBS),
Digital Services for Lead Generation | Lead Generation Platforms: Ken Research
There are several channels and marketing tools for the digital marketers to utilize to get customers to notice their brand. If your business functions appropriate when in direct communication with the customers over the phone, the lead generation marketing can provide a number of benefits. The lead generation marketing is about motivating the interest of customers in a product or service and capturing that interest by obtaining those customers to
Global Lead Generation Websites, LinkedIn B2B Lead Generation: Ken Research
The Business proprietors are always looking for the detailed lead generating ideas for the grocery stores, gyms, e-commerce sites, and numerous others. In reality, though, most of the lead generation strategies function well for all the practices of businesses, exclusively when we are talking regarding the B2C space. The B2C and B2B lead generation services of the Ken Research would upkeep you to intensification the sales, progress the market share and
Generation Outcast Clothing
Outcast Clothing was founded in late 2014 by a young power couple who wanted to make a difference in the world of online shopping. From the day Outcast Clothing launched, the young couple packed every parcel by hand from their one bedroom apartment. Each parcel represented an important, growing relationship with a customer. Unit 3 -4 Revelation Close Tighes Hill, NSW 2297 Today, Outcast Clothing has grown to become a go to online
Next-generation Sequencing Market
Next-generation sequencing or high throughput sequencing are advanced DNA sequencing technologies, including Illumina (Solexa) sequencing, Roche 454 sequencing, and Ion torrent: Proton/ PGM sequencing, SOLiD sequencing. Next-generation sequencing technologies have a number of advantages such as high speed, flexibility, high throughput, and reduced sequencing cost. Next-generation sequencing has ability to produce terabytes of nucleotide sequence data in a lone sequencing procedure. The NGS technology is developing at a rapid rate,
Next Generation Network expanded
MEDIA BROADCAST connects its NGN platform with international telecommunications network node in Frankfurt Bonn, 25 March 2009 – MEDIA BROADCAST has now connected its BROADCAST NGN (Next Generation Network) with the international telecommunications network node from ancotel, operator of the biggest data and telecommunications node in Europe. The NGN, which was conceived by MEDIA BROADCAST as an all-in-one network, is available throughout Germany and provides uncompromising service to radio,