Insulin Delivery Devices - Global Trends, Estimates and Forecasts, 2014-2021 Market Analysis
INSULIN DELIVERY DEVICES – INDUSTRY SNAPSHOT
Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases & published research reports are also used for estimates.
INSULIN DELIVERY DEVICES – GLOBAL
Global market for Insulin Delivery Devices is projected to reach US$16.8 billion by 2021, recording a CAGR of 8.4% during the analysis period 2014-2021.
INSULIN DELIVERY DEVICES – SEGMENTS
Invasive Devices market observed as the largest segment to forecasts about US$15.8 billion to represent with a share of 93.5% by 2021, growing at a CAGR of 8.3% during the period 2014-2021. Non-Invasive Devices also observed as the growing market with a CAGR% of 10.6%, during the analysis period.
INVASIVE INSULIN DELIVERY DEVICES – GLOBAL
Global market for Invasive Insulin Delivery Devices is projected to reach US$15.8 billion by 2021, recording a CAGR of 8.3% during the analysis period 2014-2021. The Americas market for Invasive Insulin Delivery Devices forecasts to reach about US$5.3 billion to represent the largest share of 34.2% by 2021, growing at a CAGR of 7.7% during the period 2014-2021. Europe represents the second largest market for Invasive Insulin Delivery Devices forecasts to attain the value of US$4.2 billion by 2021. Asia-Pacific is the fastest growing region with a CAGR of 9.22% driving a market value of US$3.9 billion by 2021.
INVASIVE INSULIN DELIVERY DEVICES – TYPES
Syringes is the largest market forecasts to reach about US$5.7 billion to represent with a largest share of 36.7% by 2021, growing at a CAGR of 7.9% during the period 2014-2021. Pumps observed as the fastest growing market with a CAGR% of 9.1%, during the analysis period. Pens market was US$2.5 billion in 2014 and forecasts to attain a value of US$4.3 billion by 2021, growing at a CAGR of 8.1%.
INVASIVE INSULIN DELIVERY DEVICES – INSULIN PENS – BY TYPE
Reusable Pens is the largest market forecasts to reach about US$3 billion to represent with a largest share of 70% by 2021, growing at a CAGR of 8.5% during the period 2014-2021, as a fastest growing segment. Disposable Pens is observed as the second fastest growing market with a CAGR% of 7.3%, by 2021 with a value of US$1.2 billion.
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