Dec 03, 2019 (AB Digital via COMTEX) -- Insulin Delivery Devices Market Size, Application and Trends Analysis By Type (Insulin Syringes, Pen, Insulin Pumps, Insulin Jet Injectors, Pen Needles), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Sales And Diabetes Clinics/ Centers), End User and Region, Forecast Till 2025
The Global Insulin Delivery Devices Market Size is estimated to grow at a CAGR of 7.85% and expected to reach USD 21,804 Million by 2025, says Market Research Future (MRFR).
Insulin, a glucose directing hormone, assumes a fundamental job in the whole treatment of diabetes.
Insulin delivery frameworks help in infusing insulin into the greasy tissue under the skin.
However, the accessibility of oral insulin as an elective medication delivery technique is probably going to hamper the development of the insulin delivery devices market.
Be that as it may, the nearness of cross-defilement and expanding cost of top of the line items are assessed to limit the market development during the conjecture time frame.
Sep 16, 2019 (Heraldkeepers) -- The GlobalInsulin Delivery Devices Marketsize and share is estimated to reach USD 21.8 billion with growing at a CAGR of 7.85% during the forecast period of 2019 to 2025.
Insulin Delivery Devices Providing treatment with the help of various devices like pen injectors, insulin pumps, jet injectors and insulin syringe.
Insulin delivery devices market is anticipated to grow swiftly due to increasing awareness among the people concerning diabetic care, widespread occurrence of diabetes, rising obesity endemic and technological advancements regarding delivery devices.
Insulin Delivery Devices Market Competitive Landscape
The Global Insulin Delivery Devices Market hosts a number of key and prominent players, including
Insulin Delivery Devices Market Segmentation
The growth of the market is attributed favorable reimbursement scenario and strong government support in selected countries, technological advancements in insulin delivery devices, and growing diabetic population.
Increasing research and development activities and increase in diabetes-related health expenditure in emerging economies are expected to offer significant growth opportunities for manufacturers in the coming years.The Insulin Delivery Devices Market is expected to reach USD 17.8 billion by 2021 from USD 11.5 billion in 2016, at a CAGR of 9.1% during the forecast period.Ask for PDF Brochure :- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107632092Key Market Drivers:- 1 Growing Diabetic Population 2 Technological Advancements in Insulin Delivery Devices 3 Favorable Reimbursement Environment and Government Support in Selected Countries 4 Conferences, Meetings, and Congresses to Create Awareness About Insulin Delivery DevicesMarket Segmentation:-Based on type, the insulin delivery devices market is categorized into pens, pumps, pen needles, syringes, and others (insulin inhalers, transdermal patches, and insulin jet injectors, among others).
In 2016, the pens segment is expected to command the largest share of the insulin delivery devices market.
The pens segment is further divided into reusable and disposable pens.
The reusable pens segment is estimated to command the largest share of the insulin pens market in 2016.
This large share can be attributed to lower price compared to disposable pens; availability of reimbursement in selected countries, and increasing adoption of insulin pens in the Asia-Pacific region.By end user, the insulin delivery devices market is segmented into patients/homecare and hospitals & clinics.