Uploaded on Jul 28, 2021
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
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Thank You!
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