The global insulin delivery devices market, worth $9,499.1 million in 2014, is expected to grow at a CAGR of 7.0% during 2015-2020. The insulin syringes segment held the largest share of 33% in the global insulin delivery devices market; whereas, the insulin pump was the fastest growing segment in the same year. The insulin pump market is escalating with high growth rate due to several factors such as technological advancements in insulin pumps to maintain the level of insulin in the body, increasing awareness of diabetes, and increasing prevalence of diabetes. Rising awareness of diabetes have been imparting positive impact on insulin delivery devices market, as people are increasingly adopting new technology to maintain insulin level in body and experience better results from the delivery devices.

Diabetes is a chronic disease caused due to insufficient production or inappropriate use of insulin in the body. Insulin in delivered with the help of various delivery devices, such as insulin pumps, pen injectors, insulin syringe and jet injectors. The insulin syringes are most commonly used delivery systems for self-medication. However, for some people insulin syringe is not convenient option, which resulted in development of other devices for the treatment of diabetes. Insulin pens and pumps have various advantages, which help in delivering accurate dosage of insulin and maintain the normal level of insulin in body. Usage of insulin pen in administering insulin is less time-consuming compared to the usage of syringes and vials.

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Report Coverage

• Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
• Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market
Uncovers potential demands in the market
• Porter analysis identifies competitive forces within the market
• Provides information on the historical and current market size and the future potential of the market
• Provides sizes of key regional markets using yardsticks of processes, segments, products, end user and technology, etc (as applicable)
• Highlights the competitive scenario of the market, major competitors, market share, benchmarking, investments and merger acquisitions
• Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics.
• Profiles provide better understanding of competition as well as the demands of the market

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