Increasing incidence of diabetes and favourable government policies are driving the market growth. Usage of other alternative mode of medication like oral drugs is hindering the market growth. Whereas huge research and development investment by market players seem to be opportunity factor to the market. —
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Insulin pens in product segment hold the largest market share in 2015, owing to high popularity and easy to use property. In end user segment Patients/Homecare segment accounted for the largest market share. It is due to increase in health care expenditure. North America accounted for the highest market share as compared to other regions. The Asia Pacific region is expected to grow at a higher CAGR and is anticipated to account for the highest market share during forecast period because of rising diabetic patients in this region.
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Some of the key players in the market include Abbott Laboratories, Animas Corporation (Johnson and Johnson), Becton, Dickinson and Company, Biocon Limited, ELI Lilly and Company, F. Hoffmann-La Roche, Ltd., Insulet Corporation, Medtronic PLC, Novo Nordisk A/S, Sanofi, Tandem Diabetes Care, Inc., Wockhardt Ltd. and Ypsomed Holding AG.
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Applications Covered:
• Type II diabetes
• Type I diabetes
Products Covered:
• Pen Needles
o Safety Pen Needles
o Standard Pen Needles
• Insulin Syringes
• Insulin Pumps
o Patch Pumps
o External/Tethered Pumps
• Pens
o Disposable Insulin Pens
o Reusable Insulin Pens
• Other Insulin Delivery Devices
End Users Covered:
• Hospitals & Clinics
• Patients/Homecare
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
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