A report by The Insight Partner’s on the global Insulin Delivery Devices market discusses the growth of the market in great detail. It discusses thoroughly all factors promoting and deterring the market. The report also focuses on the competitive dynamics in the market by monitoring the strengths and weaknesses of prominent contributors and their key products.
The 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.
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What’s included:
- Market Dynamics
- Competitive Analysis
- Market Trends And Market Outlook
- Market Share And Market Size
- Opportunities And Customer Analysis
- Product Pricing Research
Research report has been compiled by studying the market in-depth along with drivers, opportunities, restraints & other strategies as well as new-developments that can help a reader to understand the exact situation of the market along with the factors that can limit or hamper the market growth and the report also has been updated with Impacts & effects of Coronavirus pandemic and how it has influenced consumer behavior & the growth of the market as well as industries.
Global Insulin Delivery Devices market Witness Most Promising Rise in Demand
The increasing advancements in blood glucose (BG) monitoring technology have resulted in improved accuracy, smaller required blood volumes, and the ability to transfer data between the BG meter and insulin delivery devices. For instance, in September 2016, the FDA announced their first automatically automatic glucose monitoring device, Medtronic’s MiniMed 670G which is a hybrid closed looped system that provide appropriate basal insulin doses in people 14 years of age and older with type 1 diabetes. In addition, in July 2018, Abbott announced to have a FDA approval for the FreeStyle Libre 14 day Flash Glucose Monitoring system that allows people with diabetes to wear the sensor up to 14 days with high accuracy. These advancements are expected to offer increasing demand for the products, hence providing better share to the market players.
MARKET SEGMENTS:
By Product
- Insulin Pens
- Reusable Insulin Pens
- Disposable Insulin Pens
- Insulin Pumps
- Tube Pumps
- Patch Pumps
- Insulin Syringes
- Pen Needles
- Standard Pen Needles
- Safety Pen Needles
- Others
By End User
- Patients/Homecare
- Hospitals & Clinics
The COVID-19 outbreak is currently going the world over, the Insulin Delivery Devices Market report covers the impact of the corona-virus on top company’s growth. This research report categorizes as the key players in the Insulin Delivery Devices market and also gives a comprehensive study of Covid-19 impact analysis of the market by regions like (Americas, Europe APAC, and EMEA).
The report offers key drivers that propel the growth in the global Insulin Delivery Devices market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.
A few leading companies operating in the global Insulin Delivery Devices market are:
- BD
- Novo Nordisk A/S
- B. Braun Melsungen AG
- Insulet Corporation
- Medtronic
- Tandem Diabetes Care, Inc.
- Eli Lilly and Company
- Biocon
- Owen Mumford, Ltd.
- Sanofi
This report focuses on the global Insulin Delivery Devices market with the future forecast, growth opportunity, key market, and key players. The study objectives are to present the Insulin Delivery Devices market development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
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