Insulin Pen Market to reach US$ 12 Billion across the ten major markets (10MM) by 2022

Insulin Pen Market is likely to reach more than US$ 12 Billion across the ten major markets (10MM) of the United States, France, Germany, Italy, Spain, United Kingdom, Japan, China, India and Brazil by the year end of 2022.

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Market growth can be attributed to factors such as growing diabetes patient population, high adoption rate, user–friendly design, rising popularity among consumers, help avoid over/under–dosing of insulin, rising market demand for human insulin analogs, government support and technological advancements in the field of insulin pen devices

The report concludes with the profiles of major players in the Insulin Pen Market such as Novo Nordisk, Eli Lilly, Sanofi, Owen Mumford, Ypsomed, Biocon Ltd. The major market players are evaluated on various parameters such as company overview, product outlook and latest development and trends of the Insulin Pen Market.

Key Companies Covered in the Report are as follows
• Novo Nordisk
• Eli Lilly
• Sanofi
• Owen Mumford
• Ypsomed
• Biocon Ltd.

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Insulin Pen Users Insights

•China is the leading consumers of insulin pen where XX% of the diabetic population prefer insulin pen. India and Germany have shown its potential to become 2nd and 3rd popular insulin pen users. United States is the fourth leading consumers of insulin pen. Japan and Brazil hold the fifth and sixth leading consumers of insulin pen.
•In terms of reusable insulin pen users, China gained its top position as the biggest overall consumer of reusable insulin pen. India and Germany grabbed the #2 and #3 position with XX% and XX% share in 2016 and is likely to maintain its position till the forecast period.
•In terms of prefilled insulin pen users, China is the top prefilled insulin pen consumer, followed by United States and Japan, a trio leading a prefilled insulin pen users share and is expected to witness the highest growth rate in the forecast period

Insulin Pen Market Insights

•United States is expected to lead the insulin pen market with a total market share of over 20% by 2022. China and Japan held the #2 and #3 largest market share and is expected to maintain its dominant position during the forecast period.
•In terms of Reusable Insulin Pen Market, China and Germany will lead the reusable insulin pen market with more than combined 75% market share by 2022.
•In terms of Prefilled Insulin Pen Market, United States accounted for the largest share of the insulin pen market in 2016, followed by Japan and Germany. United States is expected to register the highest CAGR during the forecast period.

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All the Ten Major Markets (10MM) Covered in the Report Have Studied from 8 Viewpoints

•Overall Diabetes Population (2011 – 2022)
•Insulin Users (2011 – 2022)
•Insulin Pen Users (2011 – 2022)
•Reusable (Cartridge) Insulin Pen Users (2011 – 2022)
•Prefilled (Disposable) Insulin Pen Users (2011 – 2022)
•Insulin Pen Market (2011 – 2022)
•Reusable (Cartridge) Insulin Pen Market (2011 – 2022)
•Prefilled (Disposable) Insulin Pen Market (2011 – 2022)

Ten Major Markets (10MM) Covered in the Report are as follows: United States, United Kingdom, France, Italy, Spain, Germany, Japan, China, India, Brazil

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This release was published on openPR.