As per our report, the size of the insulin delivery devices market in Europe is estimated to value USD 4.26 billion by 2025 from USD 3.12 billion in 2019, registering a growth rate of 6.40% from 2020 to 2025.
An insulin delivery device is a part of medical tools that help enter insulin into the human body to cure diabetes.
Europe's insulin delivery devices market is majorly driven by the growing diabetes patients and government support through funding and development in healthcare facilities. There are 67 million people caused by diabetes due to changing lifestyles, obesity, and consume an unhealthy diet. According to the World Health Organization (WHO), an estimated 30-70% of adults are overweight, while it affects 10-30% of adults in Europe. The government has taken the initiative to arrange new programs that create awareness about delivery devices.
However, limited usage of the insulin pump, restricted access to people's healthcare, and availability of high-cost management in Europe are majorly challenging the insulin delivery devices market. Sometimes the abnormal dose of insulin is very harmful to patients is hindering the insulin delivery market in Europe. Also, the devices are not used for children who less than 18 years. The number of insulin delivery devices uses short-acting insulin; it is a big challenge for the insulin delivery devices market.
This research report segmented and sub-segmented into the following categories:
Regional Analysis
In Europe, Germany was leading the European insulin delivery devices market in 2019. Due to technological developments and the Government of Germany taken initiatives to create awareness of insulin delivery devices among people are the factors primarily driving the growth of the market in this country. In 2019, Medtronic had an agreement with Germany statutory health insurance to provide MiniMed 670G hybrid closed-loop insulin pump for the treatment of type 1 diabetes.
UK insulin delivery devices market is expected to grow at the fastest growth rate during the forecast period. Around 4 million people have type 1 diabetes, and 549000 people diagnosed in the UK in 2019. Recently, Insulet Corp has developed a new Omnipol DASH insulin pump in the UK that can manage insulin instead of a daily multiple injector system.
An increasing geriatric population and type 1 diabetes patients in France enhance the demand for insulin delivery devices. The French start-up more funding in research and development activities to develop a hybrid loop system for the management of glucose levels and maintain type 1 diabetes.
Italy has more than 2 million patients with type 2 diabetes, and they accelerate the growth of insulin delivery devices in the market. National congress Italian society metabolism diabetes obesity has announced to introduce a V-Go wearable insulin delivery device for the treatment of type 2 diabetes.
Key players operating in the Europe Insulin Delivery Devices Market profiled in this report are Becton, Dickinson, and Company (U.S.), Sanofi (France), Novo Nordisk A/S (Denmark), Julphar (U.A.E.), Eli Lilly and Company (U.S.), Biocon Ltd. (India), Ypsomed AG (Switzerland), Wockhardt Ltd. (India), B. Braun Meselgen AG (Switzerland) and Biodel Inc. (U.S.).
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Introduction
5.2 Type
5.2.1 Introduction
5.2.2 Insulin Syringes
5.2.3 Insulin Pens
5.2.4 Insulin Pen Needles
5.2.5 Insulin Pumps
5.2.6 Insulin Jet Injectors
5.3 Application
5.3.1 Introduction
5.3.2 Type I Diabetes
5.3.3 Type II Diabetes
6. Geographical Analysis
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Sanofi (France)
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Novo Nordisk A/S (Denmark)
8.3 Eli Lilly and Company (U.S.)
8.4 Biocon Ltd. (India)
8.5 Julphar (U.A.E.)
8.6 Ypsomed AG (Switzerland)
8.7 Becton, Dickinson and Company (U.S.)
8.8 Wockhardt Ltd. (India)
8.9 B. Braun Meselgen AG (Switzerland)
8.10 Biodel Inc. (U.S.)
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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Feb 2020
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