Insulin Syringes Market Growth, Trends and Report Highlights

According to a new report Global Insulin Syringes Market, published by KBV research, The Global Insulin Syringes Market size is expected to reach $2.1 billion by 2027, rising at a market growth of 4.5% CAGR during the forecast period.

The Type 1 Diabetes market shows high growth rate of 6.6% during (2021 - 2027). Type 1 diabetes is less frequent than type 2 diabetes; roughly 5-10% of diabetics have type 1. Although no one knows how to avoid type 1 diabetes, it can be treated by following your doctor's advice for a balanced lifestyle, blood sugar management, frequent health exams, and diabetes self-management education and support.

The 3/10 CC Syringe (0.3ml) market is generating high revenue in the Global Insulin Syringes Market by Syringe Size 2020, achieving a market value of $861.9 million by 2027. The worldwide insulin syringes market is expected to increase due to the rising incidence of diabetes and obesity in emerging nations, as well as the widespread usage of 3/10 cc syringes by diabetic patients for insulin delivery.

The Homecare Settings market segment is showcasing the growth rate of 4.7% during (2021 - 2027). As some people need to take insulin on a daily basis, going to the doctor to get insulin might be tough. As a result, individuals are becoming more conscious of how and how much insulin they should take.

The North America market is the fastest growing region in the Global Insulin Syringes Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $713.5 million by 2027. The Europe market is expected to witness a CAGR of 3.7% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 6.1% during (2021 - 2027).

Full Report: https://www.kbvresearch.com/insulin-syringes-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Hindustan Syringes & Medical Devices Ltd., Novo Nordisk A/S, Biocon Limited, Eli Lilly and Company, Abbott Laboratories, Becton, Dickinson and Company, Cardinal Health, Inc., Medline Industries, Inc., Terumo Corporation, and Nipro Corporation.

Global Insulin Syringes Market Segmentation

By Disease
• Type 2 Diabetes and
• Type 1 Diabetes

By Syringe Size
• 3/10 CC Syringe (0.3ml)
• 1/2 CC Syringe (0.5ml)
• 1CC Syringe (1ml) and
• Others

By End User
• Hospitals & Clinics
• Homecare Settings, and
• Others

By Geography

North America
• US
• Canada
• Mexico
• Rest of North America

Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled
• Hindustan Syringes & Medical Devices Ltd.
• Novo Nordisk A/S
• Biocon Limited
• Eli Lilly and Company
• Abbott Laboratories
• Becton, Dickinson and Company
• Cardinal Health, Inc.
• Medline Industries, Inc.
• Terumo Corporation
• Nipro Corporation