Insulin Delivery Devices Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type, Category, Application and Geography

 


Insulin is vital for folks experiencing type 1 diabetes and type 2 diabetes. Preciously, patients with diabetes had to inject insulin using large glass syringes and reusable needles, both that needed sterilization by boiling after every use. Improvements and innovations has resulted in development of insulin delivery devices such as for instance pens and insulin pumps. Furthermore, insulin analogs are becoming available that enable both continuous subcutaneous insulin infusion (CSII) having an insulin pump and insulin therapy using multiple daily injections (MDI) to more closely match physiologic insulin patterns. Type or dosage of insulin can be changed, to meet the patient needs of the patient.


On the basis of end user, industry is segmented into patients/homecare and hospitals & clinics. In 2016, the patients/homecare segment commanded the greatest share of the Insulin Delivery Devices Market and is expected to grow at the greatest CAGR throughout the forecast period. The growth of this segment can be caused by the increasing diabetic population and rising healthcare expenditure.

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