The global insulin syringes market is expected to reach USD 6.89 Billion by 2027, according to a new report by Reports and Data. The growth of the market is attributed to the demand for insulin syringes to delivering insulin to diabetic patients.Increasing health expenses is a major factor driving the market demand. In 2017, health spending in the U.S. rose by around 4.0% to USD 3.50 trillion. The growing prevalence of diabetes in the U.S. results in an increased health care spending on the diabetic treatment. According to a study published in 2016, it has been found that spending on diabetes rose from USD 37.00 billion in the year 1996 to USD 101.00 billion in the year 2013.
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Key participants include Becton, Dickinson, and Company, Abbot Laboratories, Novo Nordisk, B. Braun Melsungen AG, Medtronic PLC, Ypsomed AG, Medline Industries Inc., Sanofi, Cardinal Health Inc., and Nipro Medical Corporation, among others.
For the purpose of this report, Reports and Data have segmented the global insulin syringes market on the basis of product type, usage, end-user, and region:
Product Type Outlook (Revenue, USD Million; 2016-2027)
3/10 cc Syringe
1/2 cc Syringe
1 cc Syringe
Others
Usage Outlook (Revenue, USD Million; 2016-2027)
Reusable Syringe
Disposable Syringe
Prefilled Syringe
End User Outlook (Revenue, USD Million; 2016-2027)
Hospitals & Clinics
Laboratories
Homecare Settings
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Regional Outlook (Revenue, USD Million; 2016-2027)
North America
U.S
Europe
U.K
France
Asia Pacific
China
India
Japan
Latin America
Brazil
MEA
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Key questions answered in the report:
• Which factors could potentially hamper the global market growth during the forecast period?
• Which regional market offers the most attractive growth opportunities to the companies operating in this market?
• Who are the leading players dominating the global Insulin Syringes Market?
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