Press release
Global Insulin Pens, Syringes, Pumps And Injectors Market Projected to Grow at 6.9% CAGR, Reaching $10832.91 Billion by 2029
Insulin Pens, Syringes, Pumps And Injectors
What Will the Insulin Pens, Syringes, Pumps And Injectors Industry Market Size Be by 2025?
Recent years have seen an exponential growth in the market size of insulin pens, syringes, pumps, and injectors. The market's worth is expected to surge from $21.6 billion in 2024 to $24.26 billion in 2025, projecting a compound annual growth rate (CAGR) of 12.3%. The significant growth during the historic period can be credited to urban development and infrastructural progress, rural area electrification, industrial development, and the incorporation of renewable energy.
What's the Long-Term Growth Forecast for the Insulin Pens, Syringes, Pumps And Injectors Market Size Through 2029?
Anticipated improvement in the market size of insulin pens, syringes, pumps, and injectors is set to be significant in the upcoming years, with predictions showing a potential rise to $37.86 billion by 2029. This implicates a compound annual growth rate (CAGR) of 11.8%. Several factors contribute to this surge in the market during the forecast period, including energy transition, transportation electrification, integration of smart grids and IoT, expansion of 5G, and renovation of ageing infrastructures. The period ahead is also expected to see trends like high-voltage direct current (HVDC) cables, fire-proof insulation, integration of fiber optics, utilisation of eco-friendly materials, along with customization and specialization.
View the full report here:
https://www.thebusinessresearchcompany.com/report/insulin-pens-syringes-pumps-and-injectors-global-market-report
What Are the Key Growth Drivers Fueling the Insulin Pens, Syringes, Pumps And Injectors Market Expansion?
The global surge in diabetes incidence is fueling the expansion of the insulin pens, syringes, pumps, and injectors market. Diabetes is a chronic disorder characterized by the body's struggle to control blood sugar due to inadequate insulin production or ineffective insulin usage, which results in increased blood sugar levels. The rise in obesity, unhealthy dietary habits, sedentary lifestyles, and the aging population are contributing to higher rates of diabetes globally. This increase in diabetes cases propels the growth of the insulin delivery devices market, as a greater number of people require insulin pens, syringes, pumps, and injectors for effective and convenient management of their condition. As per the report from the International Diabetes Federation, a Belgium-based organization comprising over 240 national diabetes groups, in 2021, about 537 million adults around the world were living with diabetes, and this number is projected to climb to 783 million by 2045. Thus, the rising prevalence of diabetes worldwide is sparking the expansion of the insulin pens, syringes, pumps, and injectors market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3806&type=smp
What Are the Key Trends Driving Insulin Pens, Syringes, Pumps And Injectors Market Growth?
Numerous businesses in the sector of insulin pens, syringes, pumps, and injectors are directing their focus onto the technological evolution of insulin delivery systems to ensure the efficient and safe delivery of insulin. These insulin delivery systems are specifically designed instruments to aid diabetic patients by way of devices like pens, syringes, pumps, and injectors, guaranteeing accurate and effective control of blood sugar levels. For instance, in June 2024, Insulet Corporation, a medical equipment manufacturer based in the USA, introduced Omnipod 5. This new introduction is an automated insulin delivery system, devoid of tubes, designed for patients aged two and older with type 1 diabetes. Further, it is the first system with integration capability with the Dexcom G6 and Abbott FreeStyle Libre 2 Plus continuous glucose monitors, providing it a unique compatibility with leading CGM brands, thereby enhancing diabetes management.
How Is the Insulin Pens, Syringes, Pumps And Injectors Market Segmented?
The insulin pens, syringes, pumps and injectors market covered in this report is segmented -
1) By Type: Pens, Injectors And Pumps, Syringes
2) By Pens: Reusable, Disposable
3) By Pumps: Tubed Pumps, Tubeless Pumps
4) By End Users: Hospitals, Homecare, Other End Users
Subsegments:
1) By Pens: Disposable Insulin Pens, Reusable Insulin Pens
2) By Injectors And Pumps: Insulin Injectors, Insulin Pumps, Traditional Insulin Pumps, Patch Insulin Pumps
3) By Syringes: Disposable Syringes, Reusable Syringes
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=3806&type=smp
Which Companies Are Leading the Charge in Insulin Pens, Syringes, Pumps And Injectors Market Innovation?
Major companies operating in the insulin pens, syringes, pumps and injectors market include Novo Nordisk A/S, Eli Lilly and Company, Medtronic plc, Abbott Laboratories, Insulet Corporation, Sanofi Aventis, F. Hoffmann-La Roche Ltd, Becton Dickinson and Company, Animas Corporation, Ypsomed Holding AG, Dickinson and Company, Valeritas Inc., MannKind Corporation, Tandem Diabetes Care Inc., Biocon Ltd., B. Braun Melsungen AG, Terumo Corporation, Teleflex Incorporated, Nipro Corporation, Smiths Medical Inc., Owen Mumford, UltiMed Inc., Ypsomed Holding, Ascensia Diabetes Care, Trividia Health, ARKRAY Inc., AgaMatrix Inc., Medline Industries LP, Gerresheimer AG, West Pharmaceutical Services Inc., SHL Medical AG, Zhejiang POCTech Medical Co.Ltd., Jiangsu Wanhai Medical Instruments Co. Ltd.
Which Regions Are Leading the Global Insulin Pens, Syringes, Pumps And Injectors Market in Revenue?
North America was the largest region in the global insulin pens, syringes, pumps, and injectors devices and equipment market in 2023. Asia-Pacific was the second-largest region in insulin pens, syringes, pumps, and injectors devices and equipment market. The regions covered in the insulin pens, syringes, pumps and injectors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3806
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe - +44 7882 955267,
Asia: +91 88972 63534,
Americas - +1 310-496-7795 or
Email: info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Global Insulin Pens, Syringes, Pumps And Injectors Market Projected to Grow at 6.9% CAGR, Reaching $10832.91 Billion by 2029 here
News-ID: 4148972 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Pumps
What's driving the NPP Pumps Market trends? Absolute Water Pumps, KSB Pumps, Cur …
The recent research report on the global NPP Pumps market presents the latest industry data and future trends, allowing you to recognize the products and end users driving Revenue growth and profitability of the market.
The report offers an extensive analysis of key drivers, leading market players, key segments, and regions. Besides this, the experts have deeply studied different geographical areas and presented a competitive scenario to assist new entrants, leading…
Residential Pumps Market Revenue, Opportunity, Forecast and Value Chain 2018-202 …
Global Residential Pumps Market Overview
A significant part of the global population is expected to face water scarcity by the end of 2025. There is a growing concern among various nations for efficient use of water, leading to extensive use of energy efficient residential pumps. Strict environmental regulations regarding water pollution and energy consumption pattern are forcing old industrial plants and commercial buildings to upgrade or shift to new equipment such…
Global Pneumatic Metering Pumps Market Major Players Analysis 2019-2025: Promine …
Global Pneumatic Metering Pumps market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player’s various strategies to sustain in the global market. This report covers five top regions of the globe and countries within, which shows the status of regional development, consisting of market value, volume, size, and price data. Apart from this, the report also covers detail information…
Canned Motor Pumps Market by Region - North America, Latin America, Europe, Japa …
Canned motor pumps are advanced centrifugal pumps with an electric motor hermetically-sealed and mounted on a single shaft, which in turn eliminates the requirement for mechanical seals. The entire rotating assembly of canned motor pumps is immersed in liquid, with motor stator and rotor isolated from pumped liquid by using a corrosion-resistant non-magnetic sleeve and liner.
Petrol’s energy density makes it an imperative raw material in every combustible, and an irreplaceable…
Global Grinder Pumps Market Segmented by Top Companies like: Crane Pumps＆Syste …
This study focuses on the production side and consumption side of Grinder Pumps, presents the global Grinder Pumps market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Grinder Pumps capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this…
Global Grinder Pumps Market SWOT Analysis by Key Players: Liberty Pumps, Sump Pu …
This study focuses on the production side and consumption side of Grinder Pumps, presents the global Grinder Pumps market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Grinder Pumps capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this…
