Diabetes Pen Market Trending in Asia Pacific Region; AstraZeneca plc, Johnson & Johnson, Owen Mumford Ltd, Ypsomed AG, Sanofi and More

Diabetes is a lifestyle disease caused due to rise in blood glucose level due to less or no insulin production in the body. Diabetes is divided into two type, type 1 diabetes which is associated with no or very less insulin secretion by the body. Type 2 diabetes is the condition in which body resist to produce insulin and for this purpose diabetes pens are used.

Asia Pacific Diabetic Pen Market is expected to grow at CAGR of ~ 7% during forecasted period 2017-2023. Diabetic Pen is the improved version of the syringes. They are the better and convenient way for administration of insulin into the body.

Asia Pacific diabetic pen market is expecting a considerable growth in upcoming future. The major driving factor for the growth of diabetic pen market is increasing diabetic population. Asia Pacific most populated region which increases the possibility of the increasing the diabetic population. Furthermore, due to increasing awareness about the management of the diabetes in developing countries, there is an increase in the demand for various diagnostic and treatment devices for diabetes. Beside this technological advances has provided a better opportunities for the multinational and local manufacturing companies.

Key Players:

The major companies in the diabetic pen market are Roche Diagnostics AG (Switzerland), AstraZeneca plc. (UK), Johnson & Johnson (US), Abbott Laboratories (US), Biocon Ltd., Dexcom, Inc. (U.S.), Becton-Dickinson, Owen Mumford Ltd. (UK), Jiangsu Delfu Co., Novo Nordisk A/S (Denmark), Ypsomed AG (Switzerland), Medtronic plc (US), and Tandem Diabetes Care (US), Inc., Eli Lilly and Company (US), Sanofi S. A. (France), and Wockhardt Ltd (India).

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Asia Pacific Diabetes Pen market has been segmented on the basis of-

By product used which includes Insulin Pens and Insulin Pen Needle
On the basis of usage which includes reusable pens and disposable pens
On the basis of distribution channel which include Hospital Pharmacy, Retail Pharmacy, Online Sales, and Diabetes Clinics
On the basis of End user they are Hospital, clinics and Others
On the basis of region they are India, Japan, China, Australia, Republic of Korea and Rest of Asia Pacific

Regional Analysis

On regional basis Asia Pacific is segmented into India, Japan, China, Australia, Republic of Korea and Rest of Asia Pacific. Asia Pacific is the fastest growing market in the world due to increase in the diabetic population and new research and development in the field of diabetic devices. India and China is the most populated countries where there is the major chances of increasing the diabetic population. Total diabetic population of India and China in 2012 is 61 million and 90 million respectively.

BRIEF TOC

1 Report Prologue

2 Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

2.4. Market Segmentation

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

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4 Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Mega Trends

4.5 Macroeconomic Indicators

5 Market Factor Analysis

…TOC Continued

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