The Insulin Delivery Device Market to get digitally distilled from 2022-2027 at

Posted by Steve Sharma on April 14th, 2022

Insulin Delivery Device Market 2022-2027

The Insulin Delivery Device Market is bound to grow vigorously in the next 10 years. IoT has already made a beeline to the healthcare vertical. This has, in turn, enabled tracking of real-time locations of the apparatus and medical devices like scales, wheelchairs, defibrillators, or nebulizers along with remote monitoring. The entire healthcare vertical is expected to run on the IoT wave going forward.

Surging prevalence of diabetes and growing awareness among patients regarding the treatment options available are the key factors propelling the global insulin delivery devices market. In a recent report titled “Global Market Study on Insulin Delivery Devices: Asia to Witness Highest Growth by 2027”, Persistence Market Research states that the market for insulin delivery devices is anticipated to expand at a healthy CAGR of 7.0% from 2022 to 2027. If this holds true, the value of the global market will rise from US,391.1 mn in 2022 to US,093.3 mn by 2027.