Title: Insulin Delivery Devices Market share forecast to witness considerable growth from 2017 to 2024
1Insulin Delivery Devices Market size is expected
to witness a considerable growth over the
forecast period- 2017-2024. Global Market
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2Application of Insulin Delivery Devices Market
- Homecare segment will continue to account for
maximum market share during the forecast period.
The significant factors resulting in substantial
growth are growing adoption of insulin delivery
devices and increasing awareness of diabetes
care. - Home usage of insulin devices saves additional
visiting costs, clinic, or hospital fee, and
waiting time. - The developed devices including pens, pumps, and
injectors, are small, highly portable, and give a
comfort of using them anywhere and anytime.
Therefore, better access to such delivery devices
and their developed ease of usage has enabled
insulin users opt for self-care diabetes
management options.
3Key Vendors of Insulin Delivery Devices Market
- Companies operating in insulin delivery devices
market include Novo Nordisk (Subsidiary of Novo
A/S), Tandem Diabetes Care, Sanofi, Medtronic,
Valeritas, Becton, Dickinson and Company, Eli
Lilly, F. Hoffmann-La Roche and Ypsomed. - Owen Mumford, Animas, Insulet Corporation, Asante
Solutions (Now Bigfoot Biomedical), Abbott
Laboratories, Biocon Ltd., Antares Pharma,
Bioject Medical Technologies, Injex - Equidyne
Systems, Tonghua Dongbao Pharmaceutical, Shanghai
Fosun Pharmaceutical.
4Regional Analysis of Insulin Delivery Devices
Market
- U.S. insulin delivery devices market accounted
for largest market share in 2016 owing to
increasing awareness levels amongst the affected
population. - India and China, are anticipated to witness
significant growth during the forecast period due
to the existence of a vast patient base suffering
with diabetes and rising awareness of insulin
delivery devices. In addition, large number of
regional players are expanding their business by
providing high-end products for diabetes care.
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