The lifestyle of people has changed considerably over the years, thanks to globalization and urbanization. Furthermore, most of the technological advancements in the past few years have focused upon making the life of humans easier. This has resulted in the growing prevalence of obesity among both children and adults all across the globe, as they are less frequently engaging in physical activities.
Persistence Market Research Released New Market Report on “Global Market Study on Insulin Delivery Devices – Asia to Witness Highest Growth by 2020” the global insulin delivery devices market is estimated at USD 9,391.1 million in 2014 and is expected to grow at a CAGR of 7% from 2014 to 2020, to reach an estimated value of USD 14,093.3 million in 2020.
However, risk and complications associated with the delivery of insulin and high cost of insulin analog hampers the growth of global insulin delivery devices market. As a result, the global insulin delivery devices market is expected to grow a CAGR of 7% during 2014-2020.
Insulin pens accounted for highest market share in 2016, owing to its benefits such as its user-friendly design, high adoption rate, and increasing acceptance amongst consumers. Rising focus of companies on product innovation should yield the high industry share. For example, Novo Nordisk launched a new device called NovoPen Echo in the U.S. It was the first device of its kind, with a half-unit dosage feature and memory function.
The global insulin delivery devices market is estimated at USD 9,391.1 million in 2014 and is expected to grow at a CAGR of 7% from 2014 to 2020, to reach an estimated value of USD 14,093.3 million in 2020.
Increase in population suffering from diabetes due to the unhealthy lifestyle has caused the need for proper insulin drugs and delivery devices due to its resulting treatment of diabetes. Insulin is used for the treatment or control of rising sugar levels in the body caused by patients suffering from diabetes. Insulin drugs are either orally consumed or through delivery devices with the help of syringes, or needles. There is recent development in the market for inhaling of insulin through pumps, which is expected to drive the market growth due to the need for syringe free insulin delivery.
DPI Research adds"United States Insulin Delivery Devices Market Outlook 2017: Key Product Categories (Insulin Pumps, Insulin Pens (Reusable, Disposable) Demand, Insights, Analysis, Opportunities, Segmentation and Forecast to 2022" to its databases
The injectable drug delivery devices market consists of sales of injectable drug delivery devices and related products such as conventional syringes, needle-free injectors, auto injectors and pen injectors by entities (organizations, sole traders, and partnerships). The market includes the sales of the injectable devices that have been extensively utilized for various routes of drug administration, such as intravenous, subcutaneous, intradermal, intra-peritoneal, and intra-muscular and others to treat medical conditions ranging from cancer, diabetes to autoimmune disorders.
'Insulin Delivery Devices Market to 2019 Simplified Pump Solutions and Low Cost Pens Represent Distinct Regional Growth Drivers' looks at the market, competitive landscape, and trends for the four insulin delivery devices market segments: insulin pens, insulin pumps, insulin syringes and traditional insulin pump accessories. It provides comprehensive information on the key trends affecting these segments, and key analytical content on the market dynamics.
Persistence Market Research Released New Market Report on “Global Market Study on Insulin Delivery Devices – Asia to Witness Highest Growth by 2020” the global insulin delivery devices market is estimated at USD 9,391.1 million in 2014 and is expected to grow at a CAGR of 7% from 2014 to 2020, to reach an estimated value of USD 14,093.3 million in 2020.
Persistence Market Research Released New Market Report on “Global Market Study on Insulin Delivery Devices – Asia to Witness Highest Growth by 2020” the global insulin delivery devices market is estimated at USD 9,391.1 million in 2014 and is expected to grow at a CAGR of 7% from 2014 to 2020, to reach an estimated value of USD 14,093.3 million in 2020.
Persistence Market Research Released New Market Report on “Global Market Study on Insulin Delivery Devices – Asia to Witness Highest Growth by 2020” the global insulin delivery devices market is estimated at USD 9,391.1 million in 2014 and is expected to grow at a CAGR of 7% from 2014 to 2020, to reach an estimated value of USD 14,093.3 million in 2020.
According to The Insight Partners market research study titled ‘Insulin Delivery Devices Market to 2025 - Global Analysis and Forecasts by Product and End User, the global insulin delivery devices market was valued at US$ 11,869.0 Mn in 2017 and is estimated to reach US$ 22,830.0 Mn by 2025. The market is estimated to grow with a CAGR of 8.7% from 2018-2025.
The global insulin delivery devices market is estimated at USD 9,391.1 million in 2014 and is expected to grow at a CAGR of 7% from 2014 to 2020, to reach an estimated value of USD 14,093.3 million in 2020.
DPI Research adds"United States Insulin Delivery Devices Market Outlook 2017: Key Product Categories (Insulin Pumps, Insulin Pens (Reusable, Disposable) Demand, Insights, Analysis, Opportunities, Segmentation and Forecast to 2022" to its databases The report contains a granular analysis of the present industry situations, market demands, reveal facts on the market size, volume, revenues and provides forecasts through 2022. A comprehensive analysis has been done on market share of insulin delivery devices segment. To know more about the report, visit at http://www.dpiresearch.com/report-details.php?P_ID=120
Increasing prevalence of diabetes is expected to drive growth of the insulin delivery devices market over the forecast period. The global insulin delivery devices market was valued at US$ 11,326.9 million in 2017 and is expected to witness a CAGR of 11.3% over the forecast period (2017–2025)
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.
Implantable Insulin Pump Market size is estimated at $15.8 billion in 2020, projected to grow at a CAGR of 5.8% during the forecast period 2021-2026. IIPs (implanted insulin pumps) is a type of diabetes treatment that is implanted into the body. Patients with an IIP require repeated surgical treatments to maintain adequate Blood glucose monitoring control. It's a pump that stays inside the body all time.
Global Human Insulin Drugs and Delivery Devices Market, By Product (HI Drugs, HI Delivery Devices), Drugs (Insulin Analogs & Biosimilar, HI Biologics), Delivery Device (Syringes, Pens, Pen Needles), Application (Type I Diabetes, Type II Diabetes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Global Human Insulin Drugs and Delivery Devices Market, By Product (HI Drugs, HI Delivery Devices), Drugs (Insulin Analogs & Biosimilar, HI Biologics), Delivery Device (Syringes, Pens, Pen Needles), Application (Type I Diabetes, Type II Diabetes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Global Human Insulin Drugs and Delivery Devices Market, By Product (HI Drugs, HI Delivery Devices), Drugs (Insulin Analogs & Biosimilar, HI Biologics), Delivery Device (Syringes, Pens, Pen Needles), Application (Type I Diabetes, Type II Diabetes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Global Human Insulin Drugs and Delivery Devices Market, By Product (HI Drugs, HI Delivery Devices), Drugs (Insulin Analogs & Biosimilar, HI Biologics), Delivery Device (Syringes, Pens, Pen Needles), Application (Type I Diabetes, Type II Diabetes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Global Human Insulin Drugs and Delivery Devices Market, By Product (HI Drugs, HI Delivery Devices), Drugs (Insulin Analogs & Biosimilar, HI Biologics), Delivery Device (Syringes, Pens, Pen Needles), Application (Type I Diabetes, Type II Diabetes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Global Human Insulin Drugs and Delivery Devices Market, By Product (HI Drugs, HI Delivery Devices), Drugs (Insulin Analogs & Biosimilar, HI Biologics), Delivery Device (Syringes, Pens, Pen Needles), Application (Type I Diabetes, Type II Diabetes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Global Human Insulin Drugs and Delivery Devices Market, By Product (HI Drugs, HI Delivery Devices), Drugs (Insulin Analogs & Biosimilar, HI Biologics), Delivery Device (Syringes, Pens, Pen Needles), Application (Type I Diabetes, Type II Diabetes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Global human insulin drugs and delivery devices market is set to rise from its initial estimated value of USD 33.78 billion in 2018 to an estimated value of USD 61.38 billion by 2026, registering a CAGR of 7.75% in the forecast period of 2019-2026.
Global human insulin drugs and delivery devices market is set to rise from its initial estimated value of USD 33.78 billion in 2018 to an estimated value of USD 61.38 billion by 2026, registering a CAGR of 7.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing incidences of diabetes and diabetic patients worldwide. Rising incidences of diabetes can be related to the unhealthy living and eating lifestyle of the major percentage of the population.
The report on Insulin Delivery System Market by product type (insulin pens, insulin jet injectors, syringes, insulin pumps), by end user (specialty diabetic clinics, hospitals, retail channels) trends analysis and forecasts up to 2023 studies the market sizes, key trends and opportunities in the main geographies such as North America, Europe, Asia-Pacific, Rest of the World. According to the report the Global Insulin Delivery System Market is projected to grow at a CAGR between 5.0% and 5.5% in terms of value over the period of 2017-2023. The growth in the world market is primarily driven by significant contribution by North America (Leading region) region to this market.
New wearable medical devices are also being integrated with iOS and Android platforms for use with smartphones, which can be used by healthcare professionals to efficiently and effectively monitor and diagnose patient outcomes. The advances in virtual medicine and telehealth, especially following the covid-19 crisis for remote healthcare and disease management is creating a conducive environment for market growth.
Adroit Market Research has announced the addition of the Global Needle Free Drug Delivery Devices Market by company, by country, and by application/type for the competitive landscape analysis.
The global insulin delivery devices market accounted to US$ 11,869.0 Mn in 2017 and is expected to grow at a CAGR of 8.7% during the forecast period 2018 – 2025, to account to US$ 22,830.0 Mn by 2025. North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period. North American market is driven by the factors such as, rising geriatric population and increasing prevalence of diabetes in the region.
Prevalence of diabetes, product launches and continuous research and development key factors contributing to high CAGR of Insulin Delivery Devices during forecast period.
According to the latest research report by IMARC Group, The global wearable medical devices market size reached US$ 23.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 73 Billion by 2028, exhibiting a growth rate (CAGR) of 22% during 2023-2028. More Info:- https://www.imarcgroup.com/wearable-medical-devices-market
The diabetes care devices market is expected to grow from US$ 28,942.1 million in 2022 to US$ 42,119.3 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2022 to 2028.
Global insulin patch pumps market size is expected to reach $2.16 bn by 2028 at a rate of 10.3% segmented as traditional insulin pumps, smart insulin pump, disposable insulin pumps
The global aerosol delivery devices market size is projected to grow from USD 14,392.4 million in 2020 to USD 20,918.7 million by 2027, registering a CAGR of 4.9% during the forecast period from 2021 to 2027.
Smart Insulin Pens Market: Bluetooth Connected Smart Insulin Pens Allow Effective Insulin Dose Management along with Data Sharing Capabilities: Global Industry Analysis and Opportunity Assessment 2017-2027
The report Insulin Delivery Market provides value, in millions of US dollars, volume and average prices within market segments - Insulin Pens, Insulin Pumps, Insulin Syringes and Traditional Insulin Pump Accessories. See Full Report: https://goo.gl/xurXjF
In addition, increasing prevalence of lifestyle associated disorders such as obesity is also boosting the growth of the human insulin market in this region. For instance, according to the Centers for Diseases Control and Prevention (CDC), a U.S.-based national public health institute, over one-third children and adolescents were obese in 2012 in the U.S.
the global Human Recombinant Insulin market is poised for significant growth over the forecast period. The increasing prevalence of diabetes, advancements in insulin therapy, and growing awareness about the benefits of recombinant insulin are driving market growth. The Asia Pacific region is expected to witness the fastest growth due to the high burden of diabetes and improving healthcare infrastructure.
The global advanced dermatology drug delivery devices market size is expected to grow from USD 3,569.8 million in 2021 to USD 8,783.0 million by 2030, at a CAGR of 10.5% from 2022 to 2030. The global advanced dermatology drug delivery devices market is driven by factors such as the global efforts in increasing the adoption of connected devices, increasing number of business synergies with pharmaceutical companies, novel technologies in drug delivery, and the growing focus on prescription/medication adherence. Manufacturers are more focused on producing devices that offer enhanced patient experience through real-time monitoring and data sharing.
Looking forward, the wearable medical devices market value is projected to reach a strong growth during the forecast period (2021-2026). More info:- https://www.imarcgroup.com/wearable-medical-devices-market
Human Insulin Market Segmented By Traditional human insulin, Modern human insulin, Short acting human insulin, Intermediate acting human insulin, Premixed human insulin, Rapid-acting human insulin, Long-acting human insulin, Premixed human insulin
According to a new market report published by Persistence Market Research “Global Market Study on Human Insulin: Asia Pacific to Witness fastest Growth by 2020,” the global human insulin market was valued at USD 24,332.6 million in 2014 and was expected to grow at a CAGR of 12.4% from 2014 to 2020, to reach an estimated value of USD 49,197.3 million in 2020.
The rising prevalence of chronic diseases, including obesity and diabetes, is among the key factors driving the US insulin market. In addition to this, the escalating demand for insulin therapeutics is further propelling the market growth. Moreover, the growing requirement for biosimilar drugs, owing to their high efficiency and cost-effectiveness, is acting as another significant growth-inducing factor.
The global Needle-Free Drug Delivery Devices Market is highly fragmented due to the presence of a various large number of players which forms a competitive environment. The report entails all-inclusive information associated with the latest market updates such as new ideas, market size, opportunity, growth path and trends for the forecast period of 2019-2025 to gain competitive edge across the globe. This report also highlights various important strategic mergers and acquisitions, company overview, financial details, and the latest development undertaken.
According to a new market report published by Persistence Market Research “Global Market Study on Human Insulin: Asia Pacific to Witness fastest Growth by 2020,” the global human insulin market was valued at USD 24,332.6 million in 2014 and was expected to grow at a CAGR of 12.4% from 2014 to 2020, to reach an estimated value of USD 49,197.3 million in 2020.
The factors that drive the growth of human insulin industry are rise in awareness regarding diabetes, development and growing investments for drug discovery. Although, strict rules for approval of drug, restricted access to human insulin in developing countries and irregular prices are hindering the growth of human insulin market globally.
An extensive study of the product application and services conducted by subject matter experts assessing the market will help product owners to make a wise decision.
To Get sample Brochure now@ http://tinyurl.com/j32x3yr A detailed qualitative analysis of the factors responsible for driving and restraining growth of the Medical Equipment Market and future opportunities are provided in the report.
The report also provides company shares and distribution shares data for each of these market categories, and global corporate-level profiles of the key market participants.
Automated Insulin Delivery Systems Market was valued at USD 4.91 billion in 2019 and is expected to reach USD 7.81 billion by the year 2027 at a CAGR of 6.0%.
Global Digital Diabetes Management Market is estimated to value over USD 20 billion by 2026 end and register a CAGR of over 22.5% during the forecast period 2019 to 2026