RNCOS Releases a New Report- Insulin Delivery Systems Market Analysis (2007-2010)

Released on: July 11, 2008, 12:43 am

Press Release Author: Shushmul Maheshwari

Industry: Healthcare

Press Release Summary: RNCOS has recently added a new Market Research Report titled,
\"Insulin Delivery Systems Market Analysis (2007-2010)\" to its report gallery. The
report gives an exhaustive analysis on the global insulin market and various Insulin
delivery methods.

Press Release Body: RNCOS has recently added a new Market Research Report titled,
\"Insulin Delivery Systems Market Analysis (2007-2010)\" to its report gallery. The
report gives an exhaustive analysis on the global insulin market and various Insulin
delivery methods. The report investigates the market for various devices used for
delivering insulin, including syringes, pens, pumps, needle-free injectors and
inhalers. It also takes into account pros and cons of each device and gives a
detailed analysis on their future prospects.

The insulin market, driven by the increasing prevalence of diabetes, is presently
witnessing robust double-digit growth, thus pushing strong demand for insulin
delivery devices. Most of the insulin today is available in injectable form through
syringes, pens, pumps and needle-free devices, however, the pain and inconvenience
of most of these devices are driving pharmaceutical companies to discover other
‘painless’ modes of insulin delivery, particularly oral methods.

In the search for introducing painless devices, Exubera, the first inhalable
insulin, was launched by Pfizer in 2006. However, the device failed to create any
major impact and received only a fraction of prescriptions before the company
finally decided to stop selling it in 2007. A similar fate is expected for other
inhalable insulin. Nevertheless, the market for insulin continues to be immensely
lucrative with around 380 Million people having diabetes by 2025, driving drug
companies to continue to eye this market which will always be a good bet.

Key Findings

- The insulin market is expected to witness double-digit growth during 2007-2012.
- By 2025, nearly one-third of total diabetes patients will be from India and China
and both have relatively nascent but emerging insulin markets.
- Insulin syringes and pumps dominate the US market.
- Majority of users in Europe and Japan continue to use pen devices.
- Needle-free injectors have been launched in the market decades ago, but so far,
have failed to create a major impact.
- Exubera, the first inhalable insulin, which was earlier thought to be a billion
dollar blockbuster, turned out to be one of the biggest flops in pharmaceutical
history.

Key Issues & Facts Analyzed

- Evaluation of past, current and future market trends
- Discussion about the modes of insulin delivery
- A detailed analysis of the major insulin delivery devices
- Analysis of pros and cons of major insulin devices
- Scope of the major insulin delivery systems all over the world
- Analysis of various challenges and opportunities for the industry
- Profile discussion of key players in the sector

Key Players Analyzed

This section provides the overview, key facts and financial information of prominent
players in the global insulin delivery market like Eli Lilly & Company, Novo Nordisk
A/S, Sanofi-Aventis, Becton Dickinson & Company and Medtronic Inc.

Research Methodology Used

Information Sources
Information has been sourced from various sources like books, newspapers, trade
journals, and white papers, industry portals, government agencies, trade
associations, monitoring industry news and developments, and through access to more
than 3000 paid databases.

Analysis Methods
The analysis methods include ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting, and cause and
effect analysis.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM509.htm
Current Industry News: http://www.rncos.com/Blog/

Web Site: http://www.rncos.com

Contact Details: 29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
91-11-4214-1228
info@rncos.com

http://www.rncos.com/

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