Insulin Delivery Devices Market


Swapnali

Uploaded on Jul 28, 2021

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Insulin Delivery Devices Market

Insulin Delivery Devices Market  2021 to Biggest Trials and Prospect in Healthcare Sector Insulin Delivery Devices Market to 2025 - Global Analysis and Forecasts By Product (Insulin Pens, Insulin Pumps, Insulin Syringes, Pen Needles, and Others), End User (Patients/Homecare and Hospitals & Clinics), and Geography Insulin Delivery Devices Market  Current and future Market Scenario  The insulin delivery devices market accounted to US$ 11,869.0 Mn in 2017 and is expected to grow at a CAGR of 8.7% during the forecast period 2018 – 2025, to account to US$ 22,830.0 Mn by 2025.  North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period. North American market is driven by the factors such as, rising geriatric population and increasing prevalence of diabetes in the region.  The increasing advancements in blood glucose (BG) monitoring technology have resulted in improved accuracy, smaller required blood volumes, and the ability to transfer data between the BG meter and insulin delivery devices. Key Findings Market Insights Diabetes among geriatric population is a growing public health burden worldwide. It is a major cause morbidity and mortality in ageing population that later largely attributable to various chronic complications. Ageing population is poised to become one of the most significant transformation with a heavy impact on the social and economic level across the globe. These population is growing exponentially worldwide. According to a report of United Nation (2017), there were approximately 962 million people aged 60 or over across the globe in 2017 and was projected to reach to 425 million by 2050.  The increasing advancements in blood glucose (BG) monitoring technology have resulted in improved accuracy, smaller required blood volumes, and the ability to transfer data between the BG meter and insulin delivery devices Insulin Delivery Devices Market    Market Segments End User (Patients/Homecare Geography (North America, By Product (Insulin Pens, Insulin and Hospitals & Clinics) Europe, Asia Pacific (APAC), Middle Pumps, Insulin Syringes, Pen East & Africa (MEA), South America Needles, and Others) and Central America (SCAM)) Dominating Segments Product Insights  For instance, in September 2016, the FDA announced their first automatically automatic glucose monitoring device, Medtronic’s MiniMed 670G which is a hybrid closed looped system that provide appropriate basal insulin doses in people 14 years of age and older with type 1 diabetes. In addition, in July 2018, Abbott announced to have a FDA approval for the FreeStyle Libre 14 day Flash Glucose Monitoring system that allows people with diabetes to wear the sensor up to 14 days with high accuracy. These advancements are expected to offer increasing demand for the products, hence providing better share to the market players.  Download PDF Brochure: https://www.theinsightpartners.com/sample/TIPHE100000819/ Dominating Segments The report segments the global Insulin Delivery Devices market as follows:   By Product Insulin Pens Reusable Insulin Pens Disposable Insulin Pens Insulin Pumps Tube Pumps Patch Pumps Insulin Syringes Pen Needles Standard Pen Needles Safety Pen Needles Others Dominating Segments By End User Patients/Homecare Hospitals & Clinics By Geography North America Europe Asia Pacific (APAC) Middle East & Africa (MEA) South America (SAM) Insulin Delivery Devices Market   Leading Players Company Profiles in Insulin Delivery Devices Market are: BD Novo Nordisk A/S B. Braun Melsungen AG Insulet Corporation Medtronic Tandem Diabetes Care, Inc. Eli Lilly and Company Biocon Owen Mumford, Ltd. Sanofi REGIONAL FRAMEWORK REGIONAL FRAMEWORK Insulin Delivery Devices Market    Access Full Research Report at: https://www.theinsightpartners.com/reports/insulin-delivery-devices-market   Thank You! Thank You!