Register Now
Why register?
Login
 The leading web portal for pharmacy resources, news, education and careers May 23, 2017
Pharmacy Choice - Pharmaceutical News - Global Insulin Delivery Devices Market is expected to reach $14.21 billion by 2020 - May 23, 2017

Pharmacy News Article

 5/18/17 - Global Insulin Delivery Devices Market is expected to reach $14.21 billion by 2020

Insulin Delivery Devices Market, by type (Insulin Syringe, Insulin Pumps, Insulin Pens, Insulin Jet Injectors) - Forecast to 2020

Market Highlights

Global Insulin Delivery Devices Market to Expand at 6.9% CAGR during 2016-2020

The global insulin delivery devices market has been evaluated as steadily growing market. Globally, insulin delivery device is witnessing growth due to increase in prevalence of diabetes. With the increase in number of geriatric population, rising awareness of diabetes and technological advancement in delivery device are driving the growth of the market. Moreover, risk factors of type 2 diabetes and high blood pressure are increasing steadily with rise in prevalence of obesity. Nevertheless, due to the high cost of insulin and hazards and risks associated with delivery devices are inhibiting the growth of the market. Insulin is administered with the help of various delivery devices such as insulin pumps, pen injectors, insulin syringe and jet injectors. Most commonly used delivery system for self-medication purposes are Insulin syringes. However, some patient's insulin syringe is not convenient option, which results in the development of other devices for the treatment of diabetes. global market for insulin delivery devices is growing rapidly and expected to reach USD 14.21 Billion by the end of 2020

With the increasing prevalence of diabetes, rising obesity endemic, increasing awareness among people about diabetic care and technological advancement in delivery devices are some of the factors influencing the growth of the insulin delivery device market. However, hazards and risks associated with delivery devices and high cost of insulin are inhibiting the growth of the insulin delivery device market. The prevalence of home infusion therapy and artificial pancreas are the major trends in insulin delivery devices market.

Request a Sample Copy @ https://www.marketresearchfuture.com/sample-request/851

North America dominates the global insulin delivery devices market due to rise in aging population and increasing prevalence of diabetes. On the other hand, Asia Pacific is expected to be the fastest growing region due to rising awareness of diabetic care and increasing healthcare expenditure. Globally, insulin syringe has captured the largest market share in insulin delivery devices market as it is a convenient mode of insulin administration. However, insulin pump is the fastest growing segment in the insulin delivery device market due to technological advancements in insulin pumps to maintain the level of insulin in the body for diabetic patients.

Key Players for Insulin Delivery Devices Market:

*F. Hoffmann-La Roche, *Eli Lilly and Company, *Sanofi, *Medtronic, Inc, *Novo Nordisk A/S and Becton, *Dickinson and Company, *B. Braun Melsungen AG, *Animas Corporation, *Ypsomed Holdings AG, *Insulet Corporation.

Segmentation:

Insulin delivery devices market has been segmented on the basis of type which comprises of Insulin Syringe, Insulin Pumps, Insulin Pens, and Insulin Jet Injectors.

Regional Analysis:

Depending on geographic region, insulin delivery devices market is segmented into four key regions which are North America, Europe, Asia Pacific, and Rest of World. Globally North America has captured the maximum market share for insulin delivery devices. The North America market for insulin delivery devices is expected to grow at CAGR 6.7% during the forecasted period. Europe is ranked as the second-largest market for insulin delivery devices which is expected to grow at a CAGR of 7.1%. Whereas, Asia pacific region is anticipated to be the fastest growing region in insulin delivery devices market.

Browse full report @ https://www.marketresearchfuture.com/reports/insulin-delivery-devices-market-851

Table of Content

1. Research Scope and Methodology 11

1.1 Market Definition 11

1.2 Market Breakdown by Type 11

1.3 Market Breakdown by Geography 11

1.4 Research Methodology and Sources 12

2. Executive Summary 14

2.1 Key Findings 14

2.2 Research Summary 14

3. Market Outlook 16

3.1 Introduction 16

3.2 Trends in the Market 18

3.2.1 Home infusion therapy is achieving significance in the treatment

of diabetes 18

3.2.2 Artificial pancreas is gaining popularity in the insulin delivery

device market 18

3.3 Factors Driving the Market and its Impact on Market Forecast 19

Continue.....

Related Report

Chromatography systems Market information, by type (gas chromatography, liquid chromatography, and others), by end users (pharmaceutical and biotechnology industry, hospital and research laboratories, agriculture and food industry, and others) - Forecast to 2022.know more about this report @ https://www.marketresearchfuture.com/reports/chromatography-systems-market-2324

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact

Company Name: Market Research Future

Contact Person: Akash Anand

Email: akash.anand@marketresearchfuture.com

Phone: +1 646 845 9312

Address:Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India

City: Pune

State: Maharashtra

Country: India

Website: https://www.marketresearchfuture.com/reports/insulin-delivery-devices-market-851

Source: www.abnewswire.com

.



(c) 2017 M2 COMMUNICATIONS

Pharmacy News Index
  Drug Delivery Systems
  Drugstores
  FDA Final Approvals
  Front Page Healthcare News
  Generic Drugs
  Hospital Industry
  Internet Pharmacy
  IT in Healthcare
  Medicare & Medicaid
  Over-the-Counter Drugs
  Pharm Industry Trends and Policy
  Pharmaceutical Development
  Pharmaceutical Industry

LIVE ONLINE CE

Last Chance
May 24: Update on the Treatment for Major Depressive Disorder
May 25: Acne Vulgaris: Comprehensive Pharmaceutical Care
May 26: Dispensing Controlled Substances in Today’s Pharmacy
May 30: The American Geriatric Society Beers Criteria: Implications for Pharmacy Practice
May 31: Medication Safety & Drug Safety Alerts
Click for entire Webinar Calendar

Special Announcement

Free Membership
Enjoy Drug Search, industry newsletters and more...

Nursing Jobs
Are you a nurse looking for a job?

Check out the Nursing Job Source.

Your number one choice for nursing jobs.



Websites » RxCareerCenter.comRxSchool.comClubStaffing.comNursingJobSource.comRN.com
Copyright © 2017 Pharmacy Choice - All rights reserved.
Terms and Conditions | Privacy Statement
888-682-4415