The global insulin delivery device market is projected to grow at a CAGR of 9% during 2019-2024. The growth of insulin delivery device market is driven by growing geriatric population base, high adoption of sedentary lifestyle and growing awareness of diabetes treatment, technological advancements in insulin delivery devices, and rising awareness of advanced insulin delivery devices.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the insulin delivery device market
by product type (insulin syringe, insulin pens, insulin pumps, pen needles, and
other devices), end user (patients/homecare and hospitals and clinics), and
region (North America, Europe, Asia-Pacific, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the insulin delivery device market?
Q.4 What are some
changing demands of customers in the insulin delivery device market?
Q.5 What are the new
developments in the insulin delivery device market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this insulin delivery device area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this insulin delivery device market?
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Market Segmentation:
Based on product type,
the insulin delivery device market is segmented into insulin syringe, insulin
pens, insulin pumps, pen needles, and other devices. The insulin pens segment
accounted for the largest share of the market in 2020.
North America is
expected to be the largest region over the forecast period due to high prevalence
of the condition in the US and the high adoption rate of advanced mechanisms.
Key Players in the insulin
delivery device market are Becton Dickinson and Company, Novo Nordisk A/S,
Medtronic, Sanofi, ELI Lilly and Company, Ypsomed, Animas, Tandem Diabetes
Care, Insulet, and Biocon.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/insulin-delivery-device-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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