The rapid evolution of the diabetes care devices industry has led to the emergence of advanced devices such as smart insulin and artificial pancreas for the detection and treatment of diabetes. Smart insulin is also known as glucose-responsive insulin, would be able to act automatically according to the patient's blood sugar levels. Higher the blood sugar level, the more insulin will be activated and vice versa. This innovative drug could prove to be a game-changer in the global diabetes care devices market as smart insulin, once launched would eliminate repetitive injections and blood sugar level testing. With smart insulin, the patient would be relieved of routine hassles of blood glucose monitoring. Presently, the research for the development of smart insulin is under process.
(Get 15% Discount on Buying this Report)
Get Report Sample Copy @ https://www.omrglobal.com/request-sample/diabetes-care-devices-market
Merck is the first company to be in the first phase of human trials of smart insulin. Other companies such as Sanofi have also entered a research partnership with JRDF (Juvenile Diabetes Research Foundation). The two organizations will jointly fund researchers to develop new and different approaches to glucose-responsive insulin. Moreover, Eli Lilly has acquired Glycostasis Inc. -a start-up company working on smart insulin technology and is funding its research on smart insulin. Further, Denmark based Novo Nordisk A/S is also focusing on the R&D of smart insulin. Organizations such as JDRF, Sanofi, and the ADA Pathways Program are supporting many of these projects by funding Novo Nordisk. This is expected to expand the market size of the global diabetes care devices industry.
A Full Report of Global Global Diabetes Care Devices Market is Available at: https://www.omrglobal.com/industry-reports/diabetes-care-devices-market
Global Global Diabetes Care Devices Market – Segmentation
By Product Type
Blood Glucose Monitoring Devices
Insulin Delivery Devices
By End-Use
Hospitals
Diagnostic Centers
Ambulatory Surgery Centers (ASCs)
Homecare
Company Profiles
Abbott Laboratories Inc.
Arkray, Inc.
B. Braun Melsungen AG
Becton Dickinson and Co.
Consort Medical PLC
Companion Medical Inc.
Dexcom Inc.
Eli Lilly and Co.
F. Hoffmann-La Roche AG
Insulet Corp.
. Medtronic PLC
Nova Biomedical, Inc.
Novo Nordisk A/S
Sanofi SA
Sinocare, Inc.
Tandem Diabetes Care, Inc.
. Valeritas Holdings Inc.
West Pharmaceutical Services, Inc.
Wockhardt Ltd.
Ypsomed Holding AG
Global Global Diabetes Care Devices Market – Segmentation by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/diabetes-care-devices-market
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email:
[email protected]
Contact no: +91 780-304-0404