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Analysis of global insulin market

Published on October 12, 2009 at 5:51 AM · No Comments

Reportlinker.com announces that a new market research report is available in its catalogue: Insulin Delivery Systems Market Analysis (2008-2012)

http://www.reportlinker.com/p0138274/Insulin-Delivery-Systems-Market-Analysis-(2008-2012).html

The increasing number of diabetes patients globally is proving a boon for diabetes drugs market. The number of diabetic patients in the world is estimated to reach at more than 250 Million in 2008. The governments worldwide are taking initiatives on various research and development projects in order to improve drug delivery techniques. This may be beneficial in terms of growing consumer base in developing countries like India and China. The main requirement of present market is to develop efficient delivery methods at low cost and this may change the scenario of the industry.

Our recent research study, "Insulin Delivery Systems Market Analysis (2008-2012)”, states that currently the insulin market is characterized by emergence of new drug delivery devices with improved technology and this trend is likely to continue in next few years also. As a result, global insulin market is forecasted to grow at a CAGR of around 15% during 2010-2012. Anticipating the future growth, pharma giants are making investments in active R&D to increase their market share.

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