Press release
Asia-Pacific Dominated The Global Insulin Delivery Market With Fastest CAGR Of 8.9%
SAN FRANCISCO, Nov. 01, 2017: Global Insulin Delivery Devices Market Report, published by Variant Market Research, forecast that the Insulin Delivery global market was valued at $11.5 Billion in 2016 and is expected to reach $22.8 Billion by 2024, growing at a CAGR of 8.9% from 2016 to 2024. In geographical segments, Asia Pacific and North America are expected to grow at a CAGR of 9.8% and 8.8%, respectively, during the forecast period.Get complete access of this report @ https://www.variantmarketresearch.com/report-categories/medical-devices/insulin-delivery-devices-market
Growing prevalence of diabetes and obesity across the globe, surging number of diabetic’s owing to aging, obesity, and unhealthy lifestyles are the primary key factors that drives the global insulin delivery devices market. Also, technological advancement in insulin delivery devices coupled with increasing awareness of patients about diabetes care is also expected to fuel the market. Besides, difficulties and risk associated with insulin delivery may restrict the market growth. Moreover, widespread availability of numerous insulin delivery devices, such as insulin pens, jet injectors, syringes, and pumps will also boost the demand for global insulin delivery devices in the upcoming years.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/medical-devices/insulin-delivery-devices-market/toc
The global insulin delivery devices market is classified into device type and geography. Device type comprises of insulin syringes, insulin pumps, insulin pens, and insulin jet injectors. Among which, insulin syringes held for the maximum share in 2016, and is anticipated to grow with the fastest CAGR during the forecast period. Insulin pens held second largest share in 2016.
Geographically, the market is categorized into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America accounted for the largest share in the market with 38.7% in 2016, followed by Europe with 26.1%. In terms of growth, Asia-Pacific is expected to reach fastest CAGR during the forecast period, owing to changing consumer lifestyle, high diagnosis rate, and increasing awareness among consumers and adoption of latest technologies.
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Prominent players competing in the market include F. Hoffmann-La Roche, Ltd., Medtronic plc, Becton, Dickinson and Company, Ypsomed Holding AG, Eli Lilly and Company, Tandem Diabetes Care, Inc, Animas Corporation, Insulet Corporation B. Braun Melsungen AG, and, Novo Nordisk A/S, among others.
Scope of the Global Insulin Delivery Devices Market
Device Type Segments
Insulin Pumps
Insulin Syringes
Insulin Pens
Insulin Jet Injectors
Geography Segments
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Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data packs proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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