The global insulin delivery devices market report provides in-depth analysis and estimation of the insulin delivery devices market from 2014 to 2020, considering 2014 as the base year for calculation. Additionally, data pertaining to current market dynamics, including market drivers, restraints, trends, and recent developments, has been provided in the global insulin delivery devices market report.
New York, NY -- (SBWIRE) -- 04/20/2015 -- Persistence Market Research Released New Market Report on "Global Market Study on Insulin Delivery Devices - Asia to Witness Highest Growth by 2020" the global insulin delivery devices market is estimated at USD 9,391.1 million in 2014 and is expected to grow at a CAGR of 7% from 2014 to 2020, to reach an estimated value of USD 14,093.3 million in 2020.
Browse the full Global Market Study on Insulin Delivery Devices - Asia to Witness Highest Growth by 2020 report at http://www.persistencemarketresearch.com/market-research/insulin-delivery-device-market.asp
Diabetes is a disease characterized by high blood sugar levels. It is caused by the improper functioning of the pancreas that secretes insulin. Insulin is a hormone that maintains blood sugar levels in the body and helps in the proper functioning of all cellular and physiological activities. Insulin delivery devices, such as insulin pens, pumps, syringes, and jet injectors, play a vital role in maintaining insulin levels in the body. Globally, insulin delivery devices market is growing rapidly due to increasing prevalence of diabetes and rising obese endemic. Additionally, advanced features of insulin delivery devices and rising awareness among people about diabetes care are also supporting in growth of the global insulin delivery devices market. The global insulin delivery devices market is estimated at USD 9,391.1 million in 2014 and is expected to grow at a CAGR of 7% from 2014 to 2020, to reach USD 14,093.3 million by 2020.
North America has the largest market share, followed by Europe and Asia, in the global insulin delivery devices market.
The global insulin delivery devices market was valued at 7,300.0 million in 2010 and it expanded to USD 8,793.2 million in 2013.
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The global insulin delivery devices market is segmented as follows:
1) Insulin Delivery Devices Market, By Type
Insulin Jet Injectors
2) Insulin Delivery Devices Market, by Geography
Rest of North America
Rest of Europe
Rest of Asia
Rest of Latin America
Rest of the World (RoW)
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