Asia-Pacific Insulin Delivery Devices Market Trends, Analysis (2022-27) | Forecast

 

Market Overview

The asia-Pacific insulin delivery devices market is expected to register a CAGR of more than 3% during the forecast period (2022 -2027). The Asia-Pacific region has witnessed an astounding increase in the prevalence of diabetes in patients, in recent years. The increasing demand for insulin has led to great R&D in manufacturing different, painless types of insulin deliverable devices, like CGM-integrated insulin pumps. Traditionally, insulin syringes were the only form of insulin delivery system, which were considered to be painful and not user-friendly. Furthermore, the dosage may not be accurate. Thus, companies, like Novo Nordisk and Sanofi, among others, have bought their insulin pens in the market. These pens have a specific set of dosages and are considered to be not only less painful to use, but also reduce wastage of insulin. The high cost of insulin pens is the only prominent restraining factor for the growth of the pens market.

Scope of the Report

The study provides a detailed analysis of the insulin delivery devices market in the Asia-Pacific region and includes market share, size, forecast, and industry overview. 

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