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Insulin Delivery Device Market – Emerging Evolution, Advancement, Industry Trends and Growth Opportunities

03-26-2018 07:34 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Market Research

Insulin Delivery Device Market – Emerging Evolution,

The increasing prevalence of diabetes, growing geriatric population, increasing prevalence of obesity, technological advancement of drug delivery devices and increasing awareness of diabetic care are driving the growth of the market.

Explore Full Report at: https://www.psmarketresearch.com/market-analysis/insulin-delivery-devices

In terms of type, the insulin delivery device market is segmented into insulin pen, insulin syringe, insulin pump and others. The insulin pen segment accounted for the major market share in the global market in 2015, and the insulin pump segment is expected to witness the highest growth during 2016-2022.

Request for a sample of this research report: https://www.psmarketresearch.com/market-analysis/insulin-delivery-devices/report-sample

Insulin pen needle has single use, although many diabetic patients re-use needle for delivery of insulin. The re-use of needle could lead to bacterial growth on the needle, risk of lipohypertrophy and risk of breaking fine tip of needle. Similarly, the risk associated with jet injectors are accuracy of insulin dosage and improper injection. Improper injection of insulin can lead to altered absorption level of insulin in the blood stream and bruising. Hence, these risks and complications associated with delivery devices are inhibiting the growth of the insulin delivery device market.

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Some of the key companies operating in the insulin delivery device market include Novo Nordisk A/S, Medtronic PLC, Abbott Laboratories, Eli Lilly and Company, Insulet Corporation, Sanofi S.A., Becton, Dickinson and Company, F. Hoffmann-La Roche Ltd., Animas Corporation, B. Braun Melsungen AG, and Ypsomed Holdings AG.

About P&S Market Research
P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.
With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.

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