Insulin Delivery Devices Market is Growing due to Increasing Awareness About Diabetic Care

20/set/2017 06:18:55 P&S research market Contatta l'autore

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The global  insulin delivery device market  is growing at a significant rate, due to increasing prevalence of diabetes and growing geriatric population. The increasing prevalence of obesity, technological advancement in delivery devices and increasing awareness of diabetic care are also driving the growth of the global insulin delivery device market. However, the factors such as the high cost of analogue and risks associated with drug delivery devices are inhibiting the growth of the global market. 

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The market numbers for countries are obtained through top-down approach. P & S Market Research analysts and consultants interacted with authorities from leading companies of the relevant domain, to substantiate every value of data presented in the report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online, and offline research.

Geographically, North America dominated the global market of insulin delivery device in 2015; whereas the Asia-Pacific market is expected to witness the fastest growth, at a CAGR of 7.2%, during the forecast period.

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Some of the key companies operating in the global insulin delivery device market include Novo Nordisk A / S, Medtronic PLC, Abbott Laboratories, Eli Lilly and Company, Insulet Corporation, Sanofi SA, Becton, Dickinson and Company, F. Hoffmann-La Roche Ltd ., Animas Corporation, B. Braun Melsungen AG, and Ypsomed Holdings AG.

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