Global Insulin Delivery Devices Market Trends, Size, Competitive Analysis and Forecast - 2019-2025


Posted October 12, 2020 by pooja1919

The global insulin delivery devices market is projected to grow at a CAGR of 8.7% during 2019-2025.
 
The global insulin delivery devices market is projected to grow at a CAGR of 8.7% during 2019-2025. Various pivotal factors are boosting the market growth such as rising incidence and prevalence rate of diabetes, increasing awareness among the population towards diabetes and availability of a variety of insulin delivery devices in the market. Insulin is a necessary element required for the treatment of diabetes patients. Insulin enables a person’s body to use glucose from carbohydrates in the food consumed by the patient for future use.

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Rising diabetes patients are considered to be a key driver in the growth of the global insulin delivery devices market. According to the International Diabetes Federation (IDF), around 425 million people had diabetes across the globe in 2017, and this number is further estimated to rise to 6 million by 2045. This significant increase in the diabetes population will increase the demand for insulin, which in turn, will spur the growth of the global insulin delivery devices industry in the near future.

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Global Insulin Delivery Devices Market Segmentation

By Type

Insulin Syringes

Insulin Pens

Insulin Jet Injectors

Insulin Pumps

By End-User

Hospitals & Clinics

Homecare

Regional Analysis

North America

US

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Animas LLC

Abbott Laboratories, Inc.

B. Braun Melsungen AG

Becton, Dickinson and Co.

Bigfoot Biomedical Inc.

Biocon Ltd.

Eli Lilly and Co.

F. Hoffmann-La Roche AG

Gerresheimer AG

Insulet Corp.

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated October 12, 2020