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Needle-Free Diabetes Care Market Growth Rate & Industry Challenge in 2028

Submitted by Sarthak on Thu, 04/20/2023 - 03:07

The needle-free diabetes care market is expected to witness market growth at a rate of 6.99% in the forecast period of 2021 to 2028 and is expected to reach USD 21,188.67 million by 2028.

An international Needle-Free Diabetes Care Market report encompasses the study about the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, possible future trends, and market demand and supply scenarios. The use of established statistical tools and coherent models for analysis and forecasting of market data makes this report outshining. Market drivers and market restraints estimated in this marketing report makes aware about how the product is getting utilized in the recent period and also gives estimations about the future usage. The study encompasses a market attractiveness analysis, wherein each segment is benchmarked based on its market size, growth rate, and general attractiveness.

Needle-Free Diabetes Care Market Scope & Size:

The needle-free diabetes care market is segmented on the basis of devices types, treatment, application and end users. 

On the basis of devices type, the needle-free diabetes care market is segmented into treatment devices and diagnostic devices.
On the basis of treatment, the needle-free diabetes care market is segmented into oral insulin, inhaled insulin, insulin patch and others.
On the basis of application, the needle-free diabetes care market is segmented into insulin delivery and other.
On the basis of end users, the needle-free diabetes care market is segmented into diagnostic centers, hospitals & clinics and other.

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Some of the key questions answered in this report:

How has the Needle-Free Diabetes Care Market performed so far and how will it perform in the coming years?

What has been the impact of COVID-16.8 on the Needle-Free Diabetes Care Market?
What are the key regional markets?
What is the breakup of the market based on the procedure?
What is the breakup of the market based on the injury location?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Needle-Free Diabetes Care Market and who are the key players?
What is the degree of competition in the industry?

 

Market Analysis and Insight:  Needle-Free Diabetes Care Market 

Insulin therapy is the prominent treatment for the diabetes if the patient doesn’t respond to the oral hypoglycemic agents for type 2 diabetes. The therapy is generally administered via submucosal route by using insulin injections for both type 1 and type 2-diabetes. Blood pricking is the usual procedure to analyze the blood glucose levels in the patient’s body during the diagnosis which might cause the needle-stick injuries for healthcare professionals leading to various infections and pain. Non-invasive needle-free diabetes products are thus, being deployed by individuals.
The emergence of transdermal patches that read blood sugar level through the skin without drawing the blood acts as one of the major factors driving the growth of needle-free diabetes care market. The increase in the adoption of unhealthy lifestyle such as consumption of junk food among population across the globe and rise in the number of obese people accelerate the needle-free diabetes care market growth. The growth in awareness regarding the disease and the treatments and technological advancements to enhance the treatment facilities further influence the needle-free diabetes care market. Additionally, growing geriatric population, increasing disease incidence, changing lifestyles and surge in healthcare spending positively affect the needle-free diabetes care market. Furthermore, rise in diabetes-related health expenditure in emerging economies extends profitable opportunities to the needle-free diabetes care market players in the forecast period of 2021 to 2028.

Needle-Free Diabetes Care Market - Regional Level Analysis

The countries covered in the Needle-Free Diabetes Care Market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).

Needle-Free Diabetes Care Market - Share Analysis: 

The needle-free diabetes care market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to needle-free diabetes care market.

Key player - Needle-Free Diabetes Care Market  

The major players covered in the needle-free diabetes care market report are

Bioject Medical Technologies Inc.,
Valeritas, Inc.,
Antares Pharma,
Endo International plc,
Technologies Médicales Internationales (MIT Canada) Inc.,
Needle Free Injection System,
Echo Therapeutics,
Glide Technologies,
Crossject, Zogenix,
Johnson & Johnson Private Limited,
MannKind Corporation, Medtronic among other domestic and global players.

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 MAJOR TOC OF THE REPORT

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six: Needle-Free Diabetes Care Market Share by Product & Procedure type

 

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