BrandPrinciples.com Releases Research Report: Insulin Delivery Systems Market Analysis (2008-2012)

Global insulin market is forecast to grow at a CAGR of around 15% during 2010-2012.

Bangalore, India Aug 17, 2009: BrandPrinciples.com provides business intelligence market research reports pertaining to various industries, today announced the release of their new market research report on titled "Insulin Delivery Systems Market Analysis (2008-2012)".

The report highlights that 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 caused by most of these devices are driving pharmaceutical companies to discover other ‘painless’ modes of insulin delivery, particularly oral methods. But, on the other hand, a low cost factor is also playing a major part in success of new drug delivery methods.

The research study 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 forecast 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.

The research report provides valuable information to pharmaceutical and biotech companies and investors looking to enter this market. Analysis and statistics regarding market size, growth, share, regulatory environment and trends in technology development have been thoroughly analyzed in the report to provide clients a comprehensive overview of the market.

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