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Next Generation Diabetes Therapy and Drug Delivery Market Outlook to 2023 - Johnson & Johnson, Abbott Laboratories, Medtronic, Sanofi, Novo Nordisk, MannKind

09-27-2019 01:46 PM CET | Health & Medicine

Press release from: Premium Market Insights

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Next generation diabetic therapy and drug delivery systems are used to improve the adherence to insulin in diabetic patients to reduce the risk of complications related to sudden change in the blood sugar level. Oral & inhalable insulin painlessly manage the blood glucose level, and is expected to replace the injectable insulins. The use of advanced diabetic systems, such as insulin patches, CGM systems, and artificial pancreas is expected to maintain adherence to medication in diabetic patients and improve the quality of life of diabetic patients. The global next generation diabetes therapy and drug delivery market was valued at $617 million in 2015, and is estimated to reach $9,673 million by 2023, registering a CAGR of 41.1% from 2016 to 2023.

Top Companies Covered in this Report:
Johnson & Johnson, Abbott Laboratories, Medtronic, Inc., Sanofi, Novo Nordisk, MannKind Corporation, Enteris BioPharma, Dexcom, Inc., Senseonics Holding, Inc., Medtech

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The global next generation diabetes therapy and drug delivery market is segmented based on product type, demographic, indication, end user, and geography. Based on product type, it is classified into inhalable insulin, oral insulin, insulin patches, continuous glucose monitoring (CGM) systems, and artificial pancreas. Based on demographics, it is bifurcated into adult population (>14 years) and child population (14 years). Based on indication, it is divided into type 1 diabetes and type 2 diabetes. Based on end users, it is categorized into diagnostic/clinic, ICU, and home healthcare. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The market growth is attributed to the rise in the number of diabetic patients globally and the increase in disposable income among these patients. The benefits of using these advanced devices over conventional products, such as painless mode of insulin delivery and improvement in adherence to medication, and rise in the healthcare expenditure are expected to increase the demand for these products, thus fueling the market growth. However, lack of awareness, cost restrains in the developing regions, and less variability in products are expected to hamper the growth.

Key Benefits for Next Generation Diabetes Therapy and Drug Delivery Market :

This report entails a detailed quantitative analysis of the current market trends from 2017 to 2025 to identify the prevailing opportunities along with a strategic assessment of the global Next Generation Diabetes Therapy and Drug Delivery market.
Market size and estimations are based on a comprehensive analysis of the reactor type, equipment type, and developments in the industry.
A qualitative analysis based on innovative products and devices facilitate strategic business planning.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type       
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Next Generation Diabetes Therapy and Drug Delivery Market Size
2.2 Next Generation Diabetes Therapy and Drug Delivery Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Next Generation Diabetes Therapy and Drug Delivery Market Size by Manufacturers
3.2 Next Generation Diabetes Therapy and Drug Delivery Key Players Head office and Area Served
3.3 Key Players Next Generation Diabetes Therapy and Drug Delivery Product/Solution/Service
3.4 Date of Enter into Next Generation Diabetes Therapy and Drug Delivery Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Next Generation Diabetes Therapy and Drug Delivery Sales by Product
4.2 Global Next Generation Diabetes Therapy and Drug Delivery Revenue by Product
4.3 Next Generation Diabetes Therapy and Drug Delivery Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Next Generation Diabetes Therapy and Drug Delivery Breakdown Data by End User

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