We are monitoring the impact of COVID-19 & Recession alarm on Latin America Insulin Delivery Devices Market Get in touch with us for detailed analysis Know More
Share on

Latin America Insulin Delivery Devices Market Research Report – Segmented By Type, Application, Country (Mexico, Brazil, Chile, Argentina and Rest of the Latin America) – Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 230
Pages: 145

Latin America Insulin Delivery Devices Market Size (2022 to 2027)

The size of the insulin delivery devices market in the Latin American region is expected to touch USD 4.53 billion by 2027 from USD 3.32 billion in 2022, registering a CAGR of 6.40% from 2022 to 2027.

Insulin maintains sugar levels in the blood and is essential for people who have type I diabetes & type II diabetes. Therefore, the development of insulin delivery devices has been encouraged in the past years. These devices are used to deliver insulin doses via the parenteral route rather than the oral route of administration. Insulin delivery devices promote the absorption rate of insulin into the bloodstream from the injection site to execute immediate pharmacological action of insulin. Some of the majorly used insulin delivery devices include insulin syringes, insulin pens, insulin pen needles, insulin pumps, and insulin jet injectors.

Increasing obese people, rising focus of manufacturers on emerging markets, increasing demand for advanced technologies in diabetes therapy, increasing adoption of people towards quality healthcare, and rising public & private organizations involvement to aware the people about new technologies for diabetes solutions are driving the growth of insulin delivery devices market in Latin America.

However, low adoption of diabetic care devices (such as insulin delivery devices) and the high cost of product manufacturing are restraining the growth of the insulin delivery devices market in Latin America.

This research report on the Latin American Insulin Delivery Devices Market has been segmented and sub-segmented into the following categories:

By Type: 

  • Insulin Syringes
  • Insulin Pens
  • Insulin Pen Needles
  • Insulin Pumps
  • Insulin Jet Injectors

By Application: 

  • Type I Diabetes
  • Type II Diabetes

By Country: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

The Latin American Insulin Delivery Devices Market is expected to grow at a promising rate during the forecast period. The insulin market devices are at the growing stages.  The market growth is attributed to the presence of an enormous patient pool in this region. Diabetes affects many people, especially those whose pancreas does not produce enough insulin as required by the body. Therefore, In Latin America, 29.6 million individuals were diagnosed with diabetes in 2018, with the figure expected to rise to 48.8 million by 2040, according to the source. 

In addition, the increase in the diabetic population is influencing the demand for Insulin delivery devices; therefore, the devices market is estimated to be growing at a significant rate during the forecast period. According to a recent national health survey, the incidence of self-reported diabetes in Mexico is 1.2 percent. Moreover, the increasing investments in developing new technologies & devices, growing awareness, improved diagnostic and treatment rates are expected to encourage market growth.

KEY MARKET PLAYERS:

Companies playing a noteworthy role in the Latin American 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                                                                              

                                6.4.1 Introduction                                           

                                6.4.2 Brazil                                          

                                6.4.3 Argentina                                

                                6.4.4 Mexico                                     

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                                                              

  1. Latin America Insulin Delivery Devices Market, By Region, From 2022 - 2027 (USD Million)
  2. Latin America Insulin Delivery Devices Market, By Type, From 2022 - 2027 (USD Million)
  3. Latin America Insulin Syringes Market, By Region, From 2022 - 2027 (USD Million)
  4. Latin America Insulin Pens Market, By Region, From 2022 - 2027 (USD Million)
  5. Latin America Insulin Pen Needles Market, By Region, From 2022 - 2027 (USD Million)
  6. Latin America Insulin Pumps Market, By Region, From 2022 - 2027 (USD Million)
  7. Latin America Insulin Jet Injectors Market, By Region, From 2022 - 2027 (USD Million)
  8. Latin America Insulin Delivery Devices Market, By Application, From 2022 - 2027 (USD Million)
  9. Latin America Type I Diabetes of Insulin Delivery Devices Market, By Region, From 2022 - 2027 (USD Million)
  10. Latin America Type II Diabetes of Insulin Delivery Devices Market, By Region, From 2022 - 2027 (USD Million)
  11. Brazil Insulin Delivery Devices Market, By Type, From 2022 - 2027 (USD Million)
  12. Brazil Insulin Delivery Devices Market, By Application, From 2022 - 2027 (USD Million)
  13. Argentina Insulin Delivery Devices Market, By Type, From 2022 - 2027 (USD Million)
  14. Argentina Insulin Delivery Devices Market, By Application, From 2022 - 2027 (USD Million)
  15. Mexico Insulin Delivery Devices Market, By Type, From 2022 - 2027 (USD Million)
  16. Mexico Insulin Delivery Devices Market, By Application, From 2022 - 2027 (USD Million)

Please wait. . . . Your request is being processed

Related Reports

PURCHASE OPTIONS

excel
$

2875


pdf excel
$

3220


pdf excel powerbi
$

4600


excel
$

2000

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
customer-support
ASK FOR CUSTOMIZATION

Talk to our analyst and get customised report done according to your research needs

tag
INQUIRE FOR DISCOUNT

Check if you can avail any discount. Submit your details and our team will get back to you.

cloud-download
DOWNLOAD FREE SAMPLE

Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2875

Didn’t find what you’re looking for?
TALK TO OUR TEAM

Find it too expensive?
NO WORRIES!

Click for Request Sample