Globally, — emerging technologies in the insulin drug and delivery field have shown potential in the diabetes market, with enhanced glucose control, along with well-accepted newer delivery methods. Contemporary industries, market players and research institutes have begun to explore novel methods for diabetes control in adults, leading to a steady market growth for these technologies.
Research and development spending, patent expiries, increasing competition and emerging technologies are expected to support the growth of this market. Technological advancements, new product launches, increased awareness and early detection of the disease have further influenced the market to develop in the foreseeable future.
The global market for insulin drug and delivery devices was estimated at USD 24.12 billion in 2012. Further the overall insulin drug and device market reached USD 25.72 billion by 2013 and is expected to grow at a CAGR of 9.6% from 2013 to 2019.
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Related Market Report in "Healthcare" category @ https://www.hexaresearch.com/research-report/mhealth-industry
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