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Diabetes Injection Pens Market Growth And Consumption 2017- 2025 - Credence Research

Added: (Mon Nov 13 2017)

Pressbox (Press Release) - According to the latest report published by Credence Research, Inc. “Diabetes Injection Pens Market – Growth, Future Prospects and Competitive Analysis, 2017-2025,” the global diabetes injection pens market was valued at US$ 5.6 Bn in 2016, and is expected to reach US$ 10.7 Mn by 2025, expanding at a CAGR of 7.2% from 2017 to 2025.

Market Insights

The global diabetes injection pens market is anticipated to progress at a considerable pace over the upcoming years due to increasing diabetes prevalence and corresponding rise in patients in need of regular insulin administration. Introduction of insulin pens and the subsequent smart insulin pens has significantly contributed to rapid proliferation of diabetes injection pens market. Furthermore, growing incidence of needlestick injury corresponding to growing users of insulin injections is additionally driving patients to opt for diabetes injection pens.

Browse the full report Diabetes Injection Pens Market – Growth, Future Prospects and Competitive Analysis, 2017–2025 at http://www.credenceresearch.com/report/diabetes-injection-pens-market

The global diabetes injection pens market is segmented based on diabetes type (type I and type II diabetes), product type (insulin pens and insulin pen needles), form (disposable and reusable) and geographical distribution. Based on geographical distribution, the global diabetes injection pens market is distributed into five major regional markets namely North America (U.S., Canada), Europe (EU7, CIS, rest of Europe), Asia Pacific (Japan, China, rest of Asia Pacific), Latin America (Brazil, Mexico, rest of Latin America) and Middle East and Africa (GCC, rest of Middle East and Africa). Among the considered regions, Europe is observed to be a saturated market with moderate movements, where introduction of breakthrough technology may bring an upswing in the market. United States is the largest revenue generating country-level market with large diabetes prevalence and better awareness and reimbursement for diabetes management. On the other hand, Asia Pacific is observed to be the fastest progressing regional market. Evolving healthcare infrastructure, improving awareness and growing healthcare expenditure majorly drive Asia Pacific diabetes injection pens market.

Overall competition in the global diabetes injection pens market is intense and it is anticipated that similar competitive environment shall prevail through the forecast period. Some of the notable players in the global diabetes injection pens market are AstraZeneca plc, Becton, Dickinson and Company, Biocon Ltd., Eli Lilly and Company, Jiangsu Delfu Co., Novo Nordisk A/S, Owen Mumford Ltd. and Wockhardt Ltd.

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

What we do

We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.

No matter the challenge, we concentrate on delivering functional and persevering results and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist works straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.

Contact:

Name: Chris Smith

Designation: Global Sales Manager

Ph: 1-800-361-8290

Email: sales@credenceresearch.com

Web: http://www.credenceresearch.com/

Submitted by:Ainsley Lewis
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