Home >> Healthcare Technology >> Global Needle Free Diabetes Management Market is Expected to Reach USD 9,797.8 Mn by 2022 – Credence Research

Global Needle Free Diabetes Management Market is Expected to Reach USD 9,797.8 Mn by 2022 – Credence Research

The latest market report published by Credence Research, Inc. “Global Needle Free Diabetes Management Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022,” the needle free diabetes management  market was valued at USD 3,225.6 Mn in 2015, and is expected to reach USD 9,797.8 Mn by 2022, expanding at a CAGR of 16.8% from 2016 to 2022.

Browse the full report Needle Free Diabetes Management Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022 report at http://www.credenceresearch.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.needle-free-diabetes-management-market-by-device

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

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6 comments

  1. In June of 2015, it was discovered that I had type 2 diabetes. By the end of the month, I was given a prescription for Metformin. I stated the ADA diet and followed it completely for several weeks but was unable to get my blood sugar below 140. With no results to how for my hard work, I panicked and called my doctor. His response? Deal with it. I began to feel that something wasn’t right and do my own research. Then I found Rachel’s blog http://myhealthlives.com/i-finally-reversed-my-diabetes/ . I read it from cover to cover and I started the diet and by the next morning, my blood sugar was 100. Since then, I have a fasting reading between the mid 70s and 80s. My doctor was so surprised at the results that, the next week, he took me off the Metformin. I lost 30 pounds in the first month and lost more than 6 inches off my waist and I’m able to work out twice a day while still having lots of energy. The truth is we can get off the drugs and help myself by trying natural methods

  2. In June of 2015, it was discovered that I had type 2 diabetes. By the end of the month, I was given a prescription for Metformin. I stated the ADA diet and followed it completely for several weeks but was unable to get my blood sugar below 140. With no results to how for my hard work, I panicked and called my doctor. His response? Deal with it. I began to feel that something wasn’t right and do my own research. Then I found Rachel’s blog . I read it from cover to cover and I started the diet and by the next morning, my blood sugar was 100. Since then, I have a fasting reading between the mid 70s and 80s. My doctor was so surprised at the results that, the next week, he took me off the Metformin. I lost 30 pounds in the first month and lost more than 6 inches off my waist and I’m able to work out twice a day while still having lots of energy. The truth is we can get off the drugs and help myself by trying natural methods

  3. My husband was diagnosed with diabetes 2 about 3 months ago. We immediately began using a food plan, and within 2 weeks his numbers went from the frightening 440, down to 100 !!! We added a brisk 1 mi. walk, and eliminated sugar, white flour and white rice, and upped our raw fresh veggies, nuts, and seeds. We switched to coconut, avocado, Hemp and Rice Bran oils, and minimized even their use. He is the picture of excellent health today at the age of 51. His energy is back up to normal, and his skin color is beautiful! We are SO thankful on her site told us about a book to cure diabetes! And THANKS to Sheryl Wann again!!!

  4. In June of 2015, it was discovered that I had type 2 diabetes. By the end of the month, I was given a prescription for Metformin. I stated the ADA diet and followed it completely for several weeks but was unable to get my blood sugar below 140. With no results to how for my hard work, I panicked and called my doctor. His response? Deal with it. I began to feel that something wasn’t right and do my own research. Then I found Rachel’s blog http://myhealthlives.com/i-finally-reversed-my-diabetes/ . I read it from cover to cover and I started the diet and by the next morning, my blood sugar was 100. Since then, I have a fasting reading between the mid 70s and 80s. My doctor was so surprised at the results that, the next week, he took me off the Metformin. I lost 30 pounds in the first month and lost more than 6 inches off my waist and I’m able to work out twice a day while still having lots of energy. The truth is we can get off the drugs and help myself by trying natural methods

  5. My husband was diagnosed with diabetes 2 about 3 months ago. We immediately began using a food plan, and within 2 weeks his numbers went from the frightening 440, down to 100 !!! We added a brisk 1 mi. walk, and eliminated sugar, white flour and white rice, and upped our raw fresh veggies, nuts, and seeds. We switched to coconut, avocado, Hemp and Rice Bran oils, and minimized even their use. He is the picture of excellent health today at the age of 51. His energy is back up to normal, and his skin color is beautiful! We are SO thankful on her site told us about a book to cure diabetes! And THANKS to Sheryl Wann again!!!

  6. Well, I was diagnosed with Type 2 Diabetes and put on Metformin. So I adopted the ADA diet and saw NO progress getting my blood sugar below 140. Then I looked up the Big Diabetes Lie book: healthheuristic.com/7-steps-health-big-diabetes-lie-review/ and it's been a refreshing change, losing 30 pounds and 4 inches off my waist. Guys, doctors do their best but there's something to be said for trying natural methods. I'm at a healthy blood sugar level, have more energy than ever, and can even work out twice on the same day when I feel like it. Don't be afraid to follow your own natural path.

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