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Insulin Delivery Devices Market 2020 Global Trends Analysis || Leading Players - Copernicus, Dance Biopharm Holdings Inc., Insulet Corporation, Biocon, Eli Lilly, West Pharmaceutical Services, Inc

01-23-2020 12:43 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research Pvt. Ltd.

Global Insulin Delivery Devices Market 2020

Global Insulin Delivery Devices Market 2020

Global Insulin Delivery Devices Market is expected to rise from its initial estimated value of USD 10.7 billion in 2018 to an estimated value of USD 21.7 billion by 2026, registering a CAGR of 9.2% in the forecast period of 2019-2026. The increase in diabetic population drives the rise in the market.

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Few of the major competitors currently working in the global insulin delivery devices market are BD, Medtronic, Ypsomed, Novo Nordisk India Pvt Ltd, Beta Bionics, Owen Mumford Ltd., Sanofi, Tandem Diabetes Care, Inc., Copernicus, Dance Biopharm Holdings Inc., Insulet Corporation, Biocon, Eli Lilly, West Pharmaceutical Services, Inc., F. Hoffmann-La Roche Ltd, Debiotech S.A, InsuJet, SHL Group, SOOIL Developments Co., Ltd and Company and few among others

This Global Insulin Delivery Devices Market business report involves use of latest tools and techniques for researching, analysing and gathering of data and information. This report also includes strategic profiling of key players in the market, systematic analysis of their core competencies, and draws a competitive landscape for the market. DBMR team of analysts can provide market data in crude raw excel files pivot tables (Factbook), in the format and style anticipated by clients or can assist in creating presentations from the data sets available in the report. With this Global Insulin Delivery Devices Market business report businesses can focus on the data and realities of the Healthcare industry which keeps business on the right path.

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Market Definition: Global Insulin Delivery Devices Market

Insulin is considered to be an important part of the treatment plan for all people who have Type 1 and Type 2 diabetes Insulin delivery device is injected into the fatty tissues under the skin with the help of syringes, insulin pens, insulin pumps and jet injectors. It’s important to select the best device with help of diabetes care team; every device has different functionality. Increasing number of diabetic patient is the growing factor of this industry.

Segmentation: Global Insulin Delivery Devices Market

Insulin Delivery Devices Market : By Product

Pens
Reusable Insulin Pens
Disposable Insulin Pens
Insulin
External/Tethered Pumps
Patch Pumps
Pumps
Pen Needles
Standard Pen Needles
Safety Pen Needles
Insulin Syringes

Insulin Delivery Devices Market : By End- User

Hospitalsl
Clinic
Home Care

Insulin Delivery Devices Market : By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Key Developments in the Market:

In February 2019, FDA provides approvals for two new devices which are designed to improve automated insulin delivery. The Tandem Diabetes Care introduced new product Slim X2 insulin pump which is first interoperable pump approved for children and adults.

In February 2019, MIT-led research team announces the launch of newly developed drug capsule which can replace injection required for type 1 diabetes. The capsule is made of small needle from compressed insulin.

Insulin Delivery Devices Market Drivers

Increasing diabetic population is acting as a restraint for the market.
More of technological advancement
Favorable reimbursement scenario
Rising awareness about the product

Insulin Delivery Devices Market Restraints

High cost of advanced devices.
Complicated software’s.
Unskilled professionals for handling advanced devices.

Competitive Analysis: Global Insulin Delivery Devices Market

Global insulin delivery devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of insulin delivery devices market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Report range-

The report offers Insulin Delivery Devices Market share appraisals for regional and global levels

To gain detailed overview of parent market

Information about key drivers, restraints, opportunities, and their impact analysis on the Insulin Delivery Devices Market size has been provided.

The study provides an in-depth analysis of the global Insulin Delivery Devices Market and current & future trends to elucidate imminent investment pockets.

Identify growth segments and opportunities in the industry

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About Data Bridge Market Research:

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

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