Insulin Delivery Devices Market, by type (Insulin Syringe, Insulin Pumps, Insulin Pens, Insulin Jet Injectors) – Forecast to 2020
Market Synopsis of Insulin Delivery Devices Market:
Insulin Delivery Devices Market is expected to reach $14.21 billion by the end of 2020, this market is projected to growing at a CAGR of ~ 6.9 % during 2014 to 2020.
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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Key Players for Insulin Delivery Devices Market:
Some of the key players in this market are: F. Hoffmann-La Roche, Eli Lilly and Company, Sanofi, Medtronic, Inc, Novo Nordisk A/S and Becton, Dickinson and Company, B. Braun Melsungen AG, Animas Corporation, Ypsomed Holdings AG, and Insulet Corporation.
- 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.
Segments of Insulin Delivery Devices Market:
Insulin Delivery Devices market has been segmented on the basis of type which comprises of Insulin Syringe, Insulin Pumps, Insulin Pens, Insulin Jet Injectors.
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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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
The report for Insulin Delivery Devices market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
We are thankful for the support and assistance from Insulin Delivery Devices Market Development and Forecast to 2020 chain related technical experts and marketing experts during Research Team survey and interviews.
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