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Global Needle Free Diabetes Management Market is Expected to Reach USD 14,908.9 Mn by 2029

The latest market report published by Acute Market Reports “Global Needle Free Diabetes Management Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2021 – 2029,” the needle free diabetes management market was valued at USD 5,935.1 Mn in 2020, and is expected to reach USD 14,908.9 Mn by 2029, expanding at a CAGR of 16.8% from 2021 to 2029.

Browse the full report Needle Free Diabetes Management Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2021 – 2029 at https://www.acutemarketreports.com/report/needle-free-diabetes-management-market

Market Insights:

Diabetes is majorly classified into Type 1 diabetes (due to b-cell destruction, usually leading to absolute insulin deficiency), Type 2 diabetes (due to a progressive loss of insulin secretion on the background of insulin resistance) and gestational diabetes mellitus (GDM) (diabetes diagnosed in the second or third trimester of pregnancy that is not clearly overt diabetes). According to the International Diabetes Federation, in 2015 about 415 million people were observed suffering with diabetes and by 2040 the number is expected to soar to 642 million worldwide. In 2015, North America and Caribbean comprised patient population of 44.3 million, Europe possessed 59.8 million, South East Asia had 78.3 million, Western Pacific had 153.2 million, South & Central America had 29.6 million, and Africa had 14.2 million.

The market segmentation of needle free diabetes management market is carried out on the basis of type of devices and geography. The devices segment is further sub-segmented into treatment devices, diagnostic devices and artificial pancreas. Treatment devices comprise of insulin pens, pumps & patches, inhalers and jet injectors. Insulin patch & pump was observed as the fastest growing segment in treatment devices segment due to high efficiency, patient convenience, and rising public awareness related to the novel needle-free treatment devices. Insulin pens and jet injectors collectively accounted for the largest market share of around 51% of the overall needle-free diabetes treatment market as they are one of the most initial treatment solutions available in the market, high market penetration achieved till date and high public awareness related with the products. Geography segmentation comprised regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further split to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, Brazil, and GCC countries. North America was observed as the largest and most potential regional market for needle free diabetes management market. North America constitutes regional markets of U.S. and Canada, the rising prevalence of diabetes is the major driver for the growth of North America needle free diabetes management market. The developed healthcare infrastructure, high public awareness related to diabetes management, and rising research and development activities related to diabetes management are the key factors assisting the growth of North America needle free diabetes management market.

Market Competition Assessment:

The needle free diabetes management market is observed as the most diversified and competitive market comprising large number of players.  The market is dominated by several players, depending on their major competencies. The key players in this market are Zogenix, Inc., 3M, Antares Pharma Inc., Glide Pharmaceutical Technologies Ltd., Injex Pharma AG, Pharmajet, Inc., Bioject Medical Technologies, Inc., Medtronic, Inc., Johnson & Johnson, Inc., Pancreum LLC, Tandem Diabetes Care, Inc., JDRF, and Akra Dermojet.

Key Market Movements:

  • Rising prevalence of diabetes worldwide as is claimed as one of the most chronic diseases if not well managed and is expected to reach alarming levels in the coming years
  • The technology to manage diabetes is developing at significant pace some ground breaking innovations in the field of artificial pancreas are considered to change the needle free diabetes management market

 

Key questions answered in this report

  • What are the current market trends and dynamics in the needle free diabetes management market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2029
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which is the largest regional market for needle free diabetes management?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • The worldwide market value of the needle free diabetes management market in 2019 and 2020
  • Which are the key trends driving the global needle free diabetes management market growth?
  • Who are the leading service providers in the needle free diabetes management market worldwide?

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Needle Free Diabetes Management Market to Witness Strong Growth Over 2021-2027 | Key Manufacturers Overview- Zogenix, 3M, Antares Pharma Inc., Glide Pharmaceutical Technologies, Injex Pharma AG, etc.

DataIntelo has published a latest report on Global Needle Free Diabetes Management Market report. This report has been prepared by primary interviews and secondary research methodology. The market report provides detailed insights on the product pricing & trends, market drivers, and potential lucrative opportunities, during the forecast period, 2020-2027. Additionally, it covers market challenges and threats faced by companies.

Competitive Landscape

The market report provides information about the company’s product, sales in terms of volume and revenue, technologies utilized, and innovations carried out in recent years. Additionally, it provides details on the challenges faced by them in the market.

The major players of the Needle Free Diabetes Management market are:

Zogenix
3M
Antares Pharma Inc.
Glide Pharmaceutical Technologies
Injex Pharma AG
Pharmajet, Inc.
Bioject Medical Technologies
Medtronic
Johnson & Johnson
Pancreum LLC
Tandem Diabetes Care
JDRF
Akra Dermojet

Note: Additional or specific companies can be profiled in the list at no extra cost.

Get free sample report @ https://dataintelo.com/request-sample/?reportId=231213

During the preparation of the report, the research team conducted several interviews with key designated executives and experts of the market. This, in turn, has helped them to understand the overall scope and complex matrix of the Needle Free Diabetes Management market. The market research report includes crucial data and figures about the report that aids the esteemed reader to make crucial business decisions. These data and figures are added in a concise manner in form of infographics and tables to save time.

Needle Free Diabetes Management Market Report Gives Out FREE COVID-19 Chapter

The COVID-19 pandemic had forced government state bodies across the globe to impose lockdown, which in turn, derailed the entire economy. Manufacturing facilities, schools, colleges, and offices witnessed a complete shutdown for few months in 2020. This resulted in the slowdown in the sales of products, which majorly impacted the growth rate of the market. Conversely, new market opportunities were explored and indeed created lucrative opportunities for the industry players.

The COVID-19 chapter covers the impact of pandemic on the market in a detailed manner. This includes product launches and strategies implemented by the industry players in the trying times. It discusses new market avenues, revenue drivers, untapped opportunities, and top-winning strategies in the market.

The research team has monitored the market closely in COVID-19 pandemic and conducted interviews with the market experts to understand the impact of coronavirus pandemic on the Needle Free Diabetes Management market. Moreover, the market provides information on the long-term challenges industry players is anticipated to face due to the pandemic.

Buy the complete report @ https://dataintelo.com/checkout/?reportId=231213

In-depth Insights on the Market Segments

The market segmentation are the vital fragments of the market. This report covers the types of the products available in the market, their applications and end-uses. Moreover, it includes the regional landscape of the market.

This part of the report covers the raw materials used for the products, supply & demand scenario, and potential applications of the products in the coming years. The market segmentation also provides in-depth insights on the regional market performance. This means that the regional landscape covers products sales in terms of volume and revenue from 2017 to 2020. Moreover, it provides insights on the expected performance of the product segment during the forecast period.

The global Needle Free Diabetes Management report gives in detailed insights on the regional landscape, which involves determining the potential of worth of investment in the particular region/country. Moreover, it gives out information about the market share of the industry players in the particular region.

Products

Insulin Jet Injector
Insulin Pen
Insulin Inhaler
Insulin Patch & Pump

Applications

Hospitals
Clinics
Other

Regions

North America
Europe
Asia Pacific
Middle East & Africa
Latin America

Note: Country of your choice can be added at no extra cost. However, if one more than country needs to be added in the list, the research quote will vary accordingly.

The complete Needle Free Diabetes Management report can be tailored according to the client’s requirements.

Below is the TOC of the report:

Executive Summary

Assumptions and Acronyms Used

Research Methodology

Needle Free Diabetes Management Market Overview

Global Needle Free Diabetes Management Market Analysis and Forecast by Type

Global Needle Free Diabetes Management Market Analysis and Forecast by Application

Global Needle Free Diabetes Management Market Analysis and Forecast by Sales Channel

Global Needle Free Diabetes Management Market Analysis and Forecast by Region

North America Needle Free Diabetes Management Market Analysis and Forecast

Latin America Needle Free Diabetes Management Market Analysis and Forecast

Europe Needle Free Diabetes Management Market Analysis and Forecast

Asia Pacific Needle Free Diabetes Management Market Analysis and Forecast

Asia Pacific Needle Free Diabetes Management Market Size and Volume Forecast by Application

Middle East & Africa Needle Free Diabetes Management Market Analysis and Forecast

Competition Landscape

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About DataIntelo

DataIntelo has extensive experience in the creation of tailored market research reports in several industry verticals. We cover in-depth market analysis which includes producing creative business strategies for the new entrants and the emerging players of the market. We take care that our every report goes through intensive primary, secondary research, interviews, and consumer surveys. Our company provides market threat analysis, market opportunity analysis, and deep insights into the current and market scenario.

To provide the utmost quality of the report, we invest in analysts that hold stellar experience in the business domain and have excellent analytical and communication skills. Our dedicated team goes through quarterly training which helps them to acknowledge the latest industry practices and to serve the clients with the foremost consumer experience.

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