Insulin Pen Market to Cross US$ 12 Billion by 2022 Says a Latest Global Research at ‘The Market Reports’

“Insulin Pen Market Size, Share, Opportunity, Analysis, Growth Potential & Demand Forecast 2017 – 2022”
Insulin Pen Market is likely to reach more than US$ 12 Billion across the ten major markets (10MM) of the United States, France, Germany, Italy, Spain, United Kingdom, Japan, China, India and Brazil by the year end of 2022.

Market growth can be attributed to factors such as growing diabetes patient population, high adoption rate, user–friendly design, rising popularity among consumers, help avoid over/under–dosing of insulin, rising market demand for human insulin analogs, government support and technological advancements in the field of insulin pen devices

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United States is expected to lead the insulin pen market with a total market share of over 20% by 2022. China and Japan held the #2 and #3 largest market share and is expected to maintain its dominant position during the forecast period. In terms of Reusable Insulin Pen Market, China and Germany will lead the reusable insulin pen market with more than combined 75% market share by 2022. In terms of Prefilled Insulin Pen Market, United States accounted for the largest share of the insulin pen market in 2016, followed by Japan and Germany. United States is expected to register the highest CAGR during the forecast period.

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All the Ten Major Markets (10MM) Covered in the Report Have Studied from 8 Viewpoints

1. Overall Diabetes Population (2011 – 2022)

2. Insulin Users (2011 – 2022)

3. Insulin Pen Users (2011 – 2022)

4. Reusable (Cartridge) Insulin Pen Users (2011 – 2022)

5. Prefilled (Disposable) Insulin Pen Users (2011 – 2022)

6. Insulin Pen Market (2011 – 2022)

7. Reusable (Cartridge) Insulin Pen Market (2011 – 2022)

8. Prefilled (Disposable) Insulin Pen Market (2011 – 2022)

Key Companies Covered in the Report are as follows

1. Novo Nordisk

2. Eli Lilly

3. Sanofi

4. Owen Mumford

5. Ypsomed

6. Biocon Ltd.

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