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Diabetes Drug Delivery Devices Market is projected to be worth USD 31 billion by 2030, growing at a CAGR of 9%, claims Roots Analysis – PowerPoint PPT presentation

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Title: Stella01wilson


1
Diabetes Drug Delivery Devices Market is
projected to be worth USD 31 billion by 2030,
growing at a CAGR of 9, claims Roots
Analysis The anticipated growth in global
diabetic patient population is likely to result
in a significant rise in demand for novel, safe
and more patient friendly drug delivery
solutions for diabetics who are required to
medicate on a frequent basis Roots Analysis has
announced the addition of Diabetes Drug Delivery
Devices Market, 2020-2030 report to its list of
offerings. Stakeholders engaged in this domain
are presently focusing on introducing advanced
features, such as integrated continuous glucose
monitoring (CGM) systems, artificial
intelligence (AI) enabled algorithms, provisions
for audiovisual / tactile feedback, and
automatic drug reconstitution features. Such
efforts are primarily directed towards
differentiating proprietary offerings within a
highlight competitive market landscape, and are
expected to drive the markets growth over the
coming years. Key Market Insights More than 80
diabetes drug delivery devices are presently
available / under development More than 65 of
the aforementioned devices are marketed, while
the rest are being evaluated in preclinical /
clinical studies. It is also worth highlighting
that majority of the drug delivery devices
intended for diabetics are insulin pumps (35),
followed by pen injectors / autoinjectors
(32). Over 50 companies, across the world, claim
to be engaged in developing drug delivery
devices for diabetics Majority (44) of the
device developers are located in North America,
primarily in the US. Within Europe, most of the
developers are distributed across France,
Germany, Switzerland, Italy and UK. Further,
around 37 of the players engaged in this domain
are large firms. The market is dominated by the
products of big pharma players The leading
pharmaceutical companies (in terms of number of
products and revenues shares) involved in this
domain are large / very large businesses. It is
worth mentioning that the aforementioned players
are investing significantly in terms of number of
marketed and clinical-stage drugs, partnerships
and strategic investments in this
domain. Partnership activity in this domain has
grown at a CAGR of 33, between 2015 and 2019
2
  • Maximum number of partnerships were reported in
    2018. Majority of the agreements captured in the
    report, were observed to be related to technology
    integration deals (over 35), followed by
    product development (16).
  • North America and Europe are anticipated to
    capture over 60 of the overall market share by
    2030
  • The current market is driven by the sales of
    diabetes drug delivery devices designed for
    subcutaneous administration (over 70), followed
    by those that facilitate intravenous
    administration (26). Further, pen injectors /
    autoinjectors currently capture 52 of the
    overall market share (in terms of sales
    revenues).
  • Get Latest Market Insights https//www.rootsanaly
    sis.com/reports/diabetes- drug-delivery-devices-m
    arket/request-customization.html
  • Key Questions Answered
  • Who are the leading players engaged in the
    development of diabetes drug delivery devices?
  • What are the popular devices types that are
    available / under development for the delivery
    of diabetes medicine?
  • What kind of novel / advanced features are device
    developers incorporating into their proprietary
    offerings in order to maintain a competitive edge
    in the market?
  • What kind of partnership models are commonly
    being adopted by stakeholders in this industry?
  • What is the role of big pharma companies in this
    market?
  • What are the factors that are likely to influence
    the evolution of this market?
  • How is the current and future market opportunity
    likely to be distributed across key market
    segments?
  • The USD 31 million (by 2030) financial
    opportunity within the diabetes drug delivery
    devices market has been analyzed across the
    following segments
  • Type of Device
  • Pen-Injectors
  • Insulin Pumps
  • Conventional Syringes
  • Others
  • Route of Administration

3
  • Key Geographies
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World
  • The research covers detailed profiles of key
    players (listed below) each profile features an
    overview of the company, financial information
    (if available), details related to its
    technology portfolio, product portfolio, recent
    developments, and an informed future outlook.
  • Bigfoot Biomedical
  • Debiotech
  • Haselmeier
  • Medtronic
  • Novo Nordisk
  • Roche
  • SOOIL
  • Ypsomed
  • Request for Customization https//www.rootsanalys
    is.com/reports/diabetes- drug-delivery-devices-ma
    rket/request-sample.html
  • About Roots Analysis
  • Roots Analysis is one of the fastest growing
    market research companies, sharing fresh and
    independent perspectives in the
    bio-pharmaceutical industry. The in-depth
    research, analysis and insights are driven by an
    experienced leadership team which has gained many
    years of significant experience in this sector.
    If youd like help with your growing business
    needs, get in touch at info_at_rootsanalysis.com
  • Contact Information
  • Roots Analysis Private Limited Gaurav Chaudhary
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