As per our new research report “Insulin Delivery Systems Market Analysis (2008-2012)”, the global insulin market is growing at a healthy pace for the last decade. Extensive research and profound analysis performed for the market together exhibited a double-digit growth rate with promising prospects inherent for the industry. As improved therapies and innovative drug delivery techniques are anticipated to revolutionize the global diabetes market by 2015, hence, a similar or higher growth is projected during 2010-2015, when insulin sales are projected to grow at a CAGR of around 20%.
As per our research, acceptance by patients and healthcare professionals, coupled with a growing demand for minimally invasive delivery methods, will encourage growth in the insulin market in the coming years. Additionally, the introduction of more and more insulin analogs and day-by-day increasing number of diabetic patients will also contribute in the superfluous growth of the global insulin market.
Besides, we have done thorough research and prudent analysis of the insulin delivery devices market worldwide. Our research has analyzed various country-level markets across the world and has found that, the US is the largest market in the world for insulin delivery devices. Insulin syringes, traditionally dominating the US insulin delivery device market, still account for a very high market share. However, insulin pumps and insulin pen market in the US are also the major market shareholders and their demand has substantially increased during the last five years. Furthermore, the report discusses key market trends and restraints to present a complete overview of the current situation of the market.
“Insulin Delivery Systems Market Analysis (2008-2012)” analyzes key segments of the industry to present a brief overview about the future scenario of the industry. The report also presents rational analysis and forecasts on various segments and sectors of the industry. Moreover, it includes information of the key competitors in the market along with their business description and areas of expertise. This will help clients in understanding the market in a better way and will provide them an additional edge over their market contenders, while assisting them in devising their future market strategy.
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Article By: Shushmul Maheshwari