- The insulin delivery devices global market and is expected to reach $14.21 billion by 2020.
- Insulin syringe hold the largest share of the market.
- Globally, Asia-Pacific the fastest growing region and expected to grow at the rate of 7.9% during the forecast period.
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
Diabetes is a chronic disease caused due to inadequate production or inappropriate use of insulin in the body. It mainly comprises two types which is Type 1 and Type 2 diabetes. Insulin is delivered with the help of various delivery devices such as insulin pumps, pen injectors, insulin syringe and jet injectors. 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 affecting the growth of the insulin delivery device market. Globally the market for Insulin Delivery Device is anticipated to grow at the rate of about 6.9% from 2014 to 2020.
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- Some of the key players in this market are:
- Hoffmann-La Roche
- Eli Lilly and Company
- Medtronic Inc.
- Novo Nordisk A/S and Becton
- Dickinson and Company
- Braun Melsungen AG
- Animas Corporation
- Ypsomed Holdings AG
- Insulet Corporation
- Insulin Delivery Device manufacturers and suppliers
- Contract Research Organizations (CROs)
- Research and Development (R&D) Companies
- Government and Independent Regulatory Authorities
- Market Research and Consulting Service Providers
- Academic Institutes and Universities
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Study objectives of Insulin Delivery Devices Market:
- To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the insulin delivery devices market
- To provide insights about factors affecting the market growth
- To analyze the market based on porters five force analysis
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Rest of World.
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segments by type, and its sub-segments.
- To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, products and services, new product developments, and research and developments in the global insulin delivery device
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Regional Analysis of Insulin Delivery Devices Market:
Globally North America is the largest market for insulin delivery devices. Europe is the second-largest market. Furthermore Asia pacific market is expected to be the fastest growing market for Insulin Delivery Devices.
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