Hi, what are you looking for?
The global insulin syringes market size is expected to reach USD 2.69 Billion in 2030 and register a revenue CAGR of 6.9% over the forecast period, according to latest report by Reports and Data. Rising demand for insulin syringes, due to increase in prevalence of diabetes, is expected to drive market revenue growth during the forecast period. Increasing expenditure on healthcare facilities and medicine is also expected to drive revenue growth of the market over the forecast period. Rising prevalence of diabetes and increasing number of patients suffering from it have considerably increased healthcare spending for treatment. In the past few years, healthcare expenditure rose to almost 3.50 trillion only in the US and is expected to rise further during the forecast period.
However, rising popularity of insulin pens is expected to hamper market revenue growth during the forecast period. Insulin pens, as compared to insulin syringes, require lesser steps for insulin administration, and most of them come pre-filled with insulin. Therefore, the user just needs to adjust the dosage and inject the insulin. On the other hand, insulin syringes require a better skill set, and chances of mistakes are also high. Majority of diabetes patients have found the use of insulin pens more convenient than conventional syringes. They are easier to use and less painful, which is increasing demand for insulin pens, and this is expected to restrict revenue growth of the global insulin syringes market.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2739
Some Key Highlights in the Report
To know more about the report @ https://www.reportsanddata.com/report-detail/insulin-syringes-market
The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:
Size Outlook (Revenue, USD Billion; 2019-2030)
Disease Outlook (Revenue, USD Billion; 2019-2030)
End-use Outlook (Revenue, USD Billion; 2019-2030)
Download Summary @ https://www.reportsanddata.com/download-summary-form/2739
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/2739
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
John W Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: [email protected] LinkedIn | Twitter | Blogs
The post Insulin Syringes Market Size 2022-2030- Increasing Expenditure On Healthcare And Medicine appeared first on Market O Graphics.
An ancient forest has been found at the bottom of a giant sinkhole in China, with trees over 130-feet tall.
Kharkiv, just 50 kilometres from the Russian border, remains under permanent threat of a fresh assault - Copyright Lehtikuva/AFP Vesa MoilanenPatrick FORTNew trenches, concrete...
Luis Enrique Martinelli (left) and Ricardo Martinelli Jr., sons of former Panamanian president Ricardo Martinelli, have been sentenced to three years in prison for...
Gilberto Rodriguez and his dog Negro have travelled from Venezuela through Colombia, Panama, Costa Rica, Nicaragua and Guatemala, and are now on their way...
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.