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Smart Insulin Pen Market to Witness Widespread Expansion During 2019 – 2026

The United States smart insulin pen market is expected to witness a CAGR of more than 35% to reach market value of around US$ 392 Million by 2026. The market has witnessed steady growth in the past few years and development in technology with the introduction of advanced products has increased the acceptance of smart insulin pen in the market.  Request for a sample of report @ https://mindaspiremarketresearch.com/request-sample/report/cha-market-analysis “Smart Insulin Pen Market Outlook 2026: United States Opportunity and Demand Analysis, Market Forecast 2019 – 2026” presents an in–depth assessment of the United States smart insulin pen market dynamics, opportunities, future road map, competitive landscape and discusses major trends. The report offers the most up–to–date industry data on the actual market situation and future outlook in the United States smart insulin pen market. The report includes historical data from 2018 and forecasts until 2026. The report contains a granular analysis of the present industry situations, market demands, reveal facts on the market size, volume, revenues for smart insulin pen and illustrative forecast to 2026. The report also provides an all–round analysis of an overall number of patients with diabetes and insulin users in the United States. Additionally, the report includes an assessment of reimbursement pattern and offers a clear view of the regulatory landscape of the insulin pens. The report also explores detailed description of growth drivers and inhibitors of the United States smart insulin pen market. The report concludes with the profiles of major players in the United States smart insulin pen market. The key market players are evaluated on various parameters such as business overview, products offered and recent development. The Major Companies Dominating this Market for its Products, Services and Continuous Product Developments are: • Companion Medical • Diabnext • Digital Medics Ptd Ltd. • Emperra GmbH E–Health Technologies • Diamesco Co., Ltd. Ask an Analyst @ https://mindaspiremarketresearch.com/inquire/report/cha-market-analysis The Latest Industry Data Included in this Report: • United States Diabetes Population and Forecast (2013 – 2026) • United States Insulin Users and Forecast (2013 – 2026) • Smart Insulin Pen Users and Forecast (2018 – 2026) • Smart Insulin Pen Market and Forecast (2018 – 2026) • United States Insulin Pen Reimbursement Policies • United States Insulin Pen Regulation System • Market Definition for the Specified Topic Along with Identification of Key Drivers and Inhibitors for the Market • A Comprehensive List of Key Market Players Along with the Analysis of their Current Products Offered and Recent Development

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Pre-filled Syringes Market to Witness Widespread Expansion by 2024

5:53 pm 13 May 2019

Syringe filled with fixed dosage of therapeutic drug is known as prefilled syringe. The devices are used for delivering drugs with efficient efficacy, accuracy, safety, convenience, sterility, affordability and accessibility. The above features make pre-filled syringes more advantageous than traditional methods of drug delivery. Moreover, prefilled syringe decrease contamination and possible dosing errors.

 

The technological advancements in the pre-filled syringes, increasing prevalence of chronic diseases, and large population base are the major factors driving the growth of the pre-filled syringes market. Furthermore, the key players are establishing production facilities in both developed and emerging markets which will further boost the growth of the market. However, the growth of the prefilled syringes is hindered with low awareness among consumers and few product recalls.

 

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The pre-filled syringes market is witnessing development of technologically advanced pre-filled syringes and growing usage of self-injection devices as major trends. For instance, in July 2015, Vetter introduced Vetter-Ject, a new closure system for its prefilled syringes. This syringe system is suitable for filling of highly sensitive drug molecules. Similarly, earlier, in April, 2015, SCHOTT lauched a new polymer pre-filled syringe design—SCHOTT TopPac. The design was aimed at improving the safety and stability of the sensitive drug molecules. Moreover, many pharmaceutical companies are focusing on bringing in advancements in self administration therapies. In this direction, in August, 2016, Mylan N.V., through its U.S. subsidiary, launched the first generic EpiPen Auto-Injector . Similarly, in July 2016, Bristol-Myers Squibb commercially introduced the ORENCIA ClickJect Auto injector.

 

The Global Prefilled Syringes Market was valued at $3.7 billion in 2017, and is estimated to reach $7.6 billion by 2024, registering a CAGR of 9.7% from 2018 to 2024.

 

Global Pre-filled Syringes Market: Segmentation

 

By Material

 

Glass-based

Plastic-based

 

By Design

 

Single-chamber Prefilled Syringes

Dual-chamber Prefilled Syringes

Customized Prefilled Syringes

 

By Application

 

Anaphylaxis

Rheumatoid Arthritis

Diabetes

Others (Cancer, Multiple Sclerosis, and others)

 

Geographically, the global prefilled syringes market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2017, Europe commanded a major share of the prefilled syringes market. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period. Growth in the Asia-Pacific market can be attributed to the increasing demand for self-administered treatments and high penetration of self-injection devices, growing aging population, and increasing prevalence of diabetes.

 

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Becton, Dickinson and Company (U.S.), Gerresheimer AG (Germany), SCHOTT AG (Germany), West Pharmaceutical Services, Inc. (U.S.), Ompi (Italy), Catalent, Inc. (U.S.), Weigao Group (China), Vetter Pharma International GmbH (Germany), Nipro Corporation (Japan), and MedPro Inc. (U.S.) are some of the key players in the prefilled syringes market.

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