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(Medical-NewsWire.com, February 14, 2018 ) According to a recent study report published by the Market Research Future, The global insulin delivery devices Market is booming and expected to gain prominence over the forecast period. Insulin Delivery Devices market has been segmented on the basis of type which comprises of Insulin Syringe, Insulin Pumps, Insulin Pens, Insulin Jet Injectors.
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.
Prominent 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.
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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.
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.
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
Insulin Delivery Devices Market Table of Content:
1 Research Scope and Methodology
2 Executive Summary
3 Market Outlook
4 Global Market Size and Forecasts (2010 – 2020)
5 Global Market Breakdown by Type
6 Global Market Breakdown by Region
7 Competitive Analysis and Market Share
8 Company Profiles
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