Insulin Delivery Devices Market To 2022 – Market Share, Growth, Trends: Grand View Research, Inc.

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  • Insulin Delivery Devices Market Analysis By Product Type

    (Jet Injectors, Syringes, Pumps, Insulin Pens) And Segment

    Forecasts to 2020

    Rapidly increasing global diabetic patient base coupled with increasing awareness

    about the diagnosis of diabetes are the major factors driving the insulin delivery

    devices market. Addionally, increasing global geriatric population base suffering

    from diabete coupled with incidences of diabetes in children and women is

    propelling growth of this market. The rising prevalence of diabetes is a direct

    consequence of increasing incidences of obesity globally. Furthermore, the

    introduction of efficient and technologically advanced devices for the delivery of

    insulin such as portable pumps are also fueling the global insulin delivery devices

    market. Artificial pancreas and home infusion therapy are gaining popularity in the


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    On the basis of product, insulin syringes accounted for the largest market share in

    terms of revenue, as of 2014. The factors responsible for this dominance includes

    ease of usage features such as small needles which are less invasive to the patient.

    Syringes are comparatively cheaper than other delvery devices and the cost is

    covered by insurance providers in developed nations such as U.S. The insulin pen

    segment is anticipated to witness high growth over next few years owing to its

    accessibility and compact design.

  • Geographically, owing to increasing incidences of obesity and diabetes, North

    America held largest revenue share in the market, as of 2014. Adiitionally,

    increasing healthcare expenditure levels coupled with awareness levels amongst

    patients are further expected to boost regional growth of this market. Asia Pacific

    is anticipated as the fastest growing region due to rapidly rising geriatric base and

    increasing incidences of diabetes in this region. Rising awareness regarding the

    treatment of diabetes and government initiatives in emerging countries such as

    India and China are also anticipated to boost the growth of insulin delivery devices

    market in Asia Pacific.

    Some major players in the global insulin delivery devices market include Abbott

    Laboratories, Eli Lilly and Company, Becton, Novo Nordisk A/S, Sanofi,

    Dickinson and Company, Medtronic Inc. and F. Hoffmann La Roche. The global

    insulin delivery device maret is highly competitive in nature.

  • These players are adopting various competitive strategies such as mergers and

    acquisitions, geographical expansion and patient awareness programs in

    collaboration with healthcare providers to increase market penetration in the

    insulin delivery devices market.

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    About Grand View Research

    Grand View Research, Inc. is a U.S. based market research and consulting

    company, registered in the State of California and headquartered in San Francisco.

    The company provides syndicated research reports, customized research reports,

    and consulting services. To help clients make informed business decisions, the

    company offers market intelligence studies ensuring relevant and fact-based

    research across a range of industries including technology, chemicals, materials,

    healthcare and energy.


    Sherry James

    Corporate Sales Specialist, U.S.A.

    Grand View Research, Inc.

    United States

    Phone: 1-415-349-0058

    Toll Free: 1-888-202-9519


    Website: Grand View Research

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