Showing posts with label Insulin Delivery Devices Market. Show all posts
Showing posts with label Insulin Delivery Devices Market. Show all posts

Importance of Insulin Delivery Devices in Management of Diabetes

Due to the growing number of patients requiring daily insulin administration, the preference for patient-friendly self-administered devices such as pens and pumps has shifted. Furthermore, not only in industrialized nations but in emerging economies, the number of diabetes patients is increasing. For instance, as per the ADA, each year, diabetes and prediabetes cause $322 billion in economic hardship and treating a diabetic patient costs 2.3 times more than treating a patient without this disease. 


Types of Insulin Delivery Devices

Insulin Syringes

In the U.S., syringes are the most prevalent route of insulin administration. Medical syringes are disposable, small, and feature thin needles coated with specific coatings to make injections as painless as possible. To use a syringe to inject insulin, the operator first draws back on the piston to take in air equal to the quantity of insulin to be drawn, then puts the syringe needle into an insulin vial, forces the air into the vial, backs away on the plunger till the right dose is pulled into the syringe barrel, pulls back on the piston until the barrel is emptied, then enters the needle is inserted and presses down on.

Insulin Pens

Insulin pens resemble giant ink pens, which makes them a potentially easy and discrete method to carry insulin. A pen needle is inserted into an insulin pen once the pen cap is removed. The insulin is then released into the air after being dialed in at a very low dose (the precise amount depends on the specific pen). It is necessary to prime the pen to make sure that the insulin is passing through it correctly and that neither the cartridge nor the needle contains any air.

Insulin Pumps

As technology advances and new functions are offered, insulin pumps are growing in popularity. There are currently several pumps in the marketplace that operate with continuous glucose monitoring and can if configured to do so, warn the operator of low or high blood glucose levels. Insulin pumps are increasingly popular among persons with Type 2 diabetes, but they have historically been used largely by those with Type 1 diabetes. For instance, Type 2 diabetes is now more likely to develop in 541 million individuals. The majority of insulin pumps are compact machines the size of a mobile phone.

Advantages of Pump Therapy Are:

Higher flexibility

Smaller doses of insulin are delivered precisely (0.025 units minimum)

Blood sugar fluctuation is reduced

Aids in the management of blood sugar fluctuations during the night and 

early in the morning

Sick days are easier to manage

More exercise management choices

Hence, insulin delivery devices are in high demand due to the increase in the diabetic population, the rise in awareness about these devices, and advancement in technology in diabetes care.

Browse Full Report Insulin Delivery Devices Market Competition, and Strategies


Share:

Sales of Home-Use Insulin Delivery Devices Soaring in an Ageing World

The growing incidence of diabetes is driving the demand for home-use insulin delivery devices. According to the World Health Organization (WHO), 422 million people all over the world are currently suffering from diabetes. Furthermore, the organization reported that diabetes claims the lives of 1.6 million people every year. Besides the rising prevalence of diabetes, the mushrooming population of geriatric people is also fueling the demand for home-use insulin delivery devices across the world. 

Access Report Summary - Home-Use Insulin Delivery Devices Market Growth and Demand Forecast

Apart from the aforementioned factors, the rapid technological advancements being made in insulin delivery devices are also propelling their popularity globally. Insulin inhalers, insulin pumps, and insulin pens have several advantages such as the ability to administer the required dosage of insulin accurately, thereby assisting in maintaining the normal level of insulin in the body. Moreover, it is less time consuming to administer insulin via insulin pens in comparison to insulin administration via syringes. The other advantages of these pens are the ability to minimize the risk of inaccurate dose administration and greater patient acceptability.


This was because of the ease of administering insulin, rapid advancements made in the insulin pen technology, and the integration of the internet of things and smartphones in them. When distribution channel is taken into consideration, the home-use insulin delivery devices market is classified into e-commerce, diabetes clinics/centers, and pharmacies. Amongst these, the e-commerce category is predicted to register the fastest growth in the market in the coming years. This is ascribed to the various offers and discounts that are being provided by the e-commerce platforms. Additionally, these platforms provide the details of the products of various brands, which allows customers to make price and feature comparisons. 

Geographically, the home-use insulin delivery devices market was dominated by North America in 2020, as per the observations of the market research firm, P&S Intelligence. This was because of the high incidence of lifestyle diseases such as obesity and diabetes, growing public awareness about the importance of proper diabetes management, and surging healthcare expenditure in the regional countries. Additionally, the presence of a large obese population also contributed massively toward the high sales of home-use insulin delivery devices in the region, as obesity is a major risk factor for diabetes. 


Share:

Popular Posts