India Insulin Drug And Delivery Device Market Size

Statistics for the 2023 & 2024 India Insulin Drug And Delivery Device market size, created by Mordor Intelligence™ Industry Reports. India Insulin Drug And Delivery Device size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of India Insulin Drug And Delivery Device Industry

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India Insulin Drug And Delivery Device Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 1.00 %

Major Players

India Insulin Drug And Delivery Device Market Major Players

*Disclaimer: Major Players sorted in no particular order

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India Insulin Drug And Delivery Device Market Analysis

India's Insulin Drug and Delivery Device Market is expected to register a CAGR of more than 1% and reach a value of about USD 2.4 billion over the forecast period.

Diabetes was one of the most prominent risk factors for a severe COVID-19 course. This risk was assumed to be influenced by several diabetes-related variables, including advanced age, hyperglycemia, and underlying illnesses (hypertension, cardiovascular disease, chronic renal disease, and obesity). Diabetes was quickly identified as a risk factor for unfavorable outcomes during the COVID-19 pandemic, making diabetes control or delay more important than ever.

Diabetes mellitus, or diabetes in general, is characterized by excessive blood sugar levels. Type 1 diabetes, also known as insulin-dependent diabetes mellitus, is caused by a complete lack of insulin. Type 2 diabetes mellitus is a disease in which the body either produces insufficient insulin or is unable to utilize the insulin that it does generate. Diabetes type 2 is regarded as a lifestyle disease. Sugary sweets are an integral part of Indian culture, as well as historical customs and religious events. According to an article published in "THE HINDU," one in every six diabetics worldwide comes from India. According to data, the country has an estimated 80 million diabetics, ranking second in the globe. Diabetes affects more than half of Indians at some time in their life, making it a serious public health concern. In rural India, the prevalence of type 2 diabetes is also rising. This pushes the market and boosts the rate of adoption of new and sophisticated technology.

India Insulin Drug And Delivery Device Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)