Global insulin delivery devices market from (2018-2025) Insulin pen product type is expected to grow at th
Insulin pen product type is expected to grow at the fastest rate in global insulin
delivery devices market from 2018 to 2025, owing to the user-friendly procedure and
cost effectiveness – GMI Research
Posted by Sarah Nash October 22, 2018 in Healthcare
The global insulin delivery devices market reached USD 9,367.9million in 2017 and is
projected to reach USD 14,198.3 million by 2025, growing at an estimated CAGR of
5.4% during the forecast period. The key factors boosting the market growth are
increasing incidence of diabetic patients, growing awareness among the patients
about the disease, growing prevalence of obesity, change in lifestyle and widespread
availability of various insulin delivery devices.
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Moreover, increasing adoption of insulin delivery devices by patients, growing
incidence of metabolic disorder, rising technological advancement and improved