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Global Insulin Delivery Devices Market Forecast to 2017

Global insulin delivery market: 8.5% CAGR forecast between 2012-2017


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2014-02-24 10:57:02 - Global Insulin Delivery Devices Market Forecast to 2017 - a new market research report on companiesandmarkets.com

The global insulin delivery market is estimated to have reached a value of around $8.8 billion at the end of 2012, and is forecast to grow at a CAGR of 8.5% during 2012-2017. The key market players in the insulin delivery market include Novo Nordisk, Eli Lilly, Sanofi-Aventis, Medtronic, Roche, Becton, Dickinson and Company. Together these companies account for more than 90% of the global market.371 Million people had diabetes in 2012 and by 2030 this number is expected to rise to 552 Million. This finding by International Diabetes Federation (IDF) and similar results from studies done by organizations of repute like WHO, CDC, NHS etc. suggest that a huge patient population exists for the diabetes healthcare market. It is

 

 

estimated that in 2011, around US$ 465 Billion were spent on healthcare expenditures related to diabetes.

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