Insulin Syringes Market Analysis | United States | 2017-2023 | MedCore
- Year: 2017
- Scope: 2013-2023
- Region: United States
- Pages: 56
- Published Date: 11/1/2016
- Type: MedCore
Although conventional insulin syringes were once a popular method of insulin delivery, patients are transitioning towards new technologies such as insulin pens and pumps. Unit sales will continue to decline over the forecast period in conjunction with the growing penetration rate of insulin pens, as well as the growing penetration rate of insulin pumps among the type 2 insulin-dependent patient population. Mild ASP depreciation will also contribute to erosion in the value of the conventional insulin syringe market.
Insulin syringes are moving from being hypodermic to those with finer points. Syringes are used with 10 mL insulin vials and come in 0.3 mL, 0.5 mL and 1 mL calibrations. In addition, thinner and shorter syringes are becoming more popular in the market, as they cause less discomfort when giving an injection. Needle thickness is indicated by gauge number; the higher the gauge number, the thinner the needle.
Segments Covered in This Market
- Conventional Insulin Syringe Market
- Safety Insulin Syringe Market
Report Data Types Included
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- 10 Year Scope (3 Year Historical + 7 Year Forecast Period)
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares
- Product Portfolios
- Related Press Releases from Top Competitors
Of the companies in the U.S. Insulin Syringe market, Becton Dickinson was the leader, followed by Medtronic. Since 1988, BD has developed safety needles and complementary devices to protect users from needlestick injuries and exposure to blood-borne pathogens. It is expected that the companys large safety device portfolio and its initiatives to combat some of the major concerns of healthcare systems will cause it to grow or at least maintain its strong presence in the U.S. insulin syringe and pen needle markets. Other notable competitors in this segment include Abbott, B. Braun, and Smiths Medical.
About Our In-Depth MedCore Research
Our analysts meticulously research for up to 3 to 4 months to put together one suite of reports (MedSuite), which is a comprehensive analysis on a group of healthcare markets. A MedCore is one portion of that analysis that focuses on one market segment, and provides further detailed segmentation to get a much more granular set of market data.
This MedCore is also found in the full report suite titled U.S. Market Report Suite for Diabetes Monitoring, Treatment and Drug Delivery – MedSuite
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