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The latest market report published by Credence Research, Inc.聽鈥淕lobal聽Needle Free Diabetes Management Market聽– Growth Redskins Da'Ron Payne Jersey , Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2022,鈥澛爐he聽needle free diabetes management 聽market was valued at USD 3 Redskins Landon Collins Jersey ,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聽report Needle Free Diabetes Management Market – Growth, Share, Opportunities Redskins Alex Smith Jersey , Competitive Analysis, and Forecast, 2016 鈥?2022 at聽
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 Redskins Sean Taylor Jersey , 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 Black Wes Martin Jersey , 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.