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Increasing Awareness of Safety Risks of Needles Driving Demand for Needle-Free Diabetes Management Devices

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Pramod Kumar
Increasing Awareness of Safety Risks of Needles Driving Demand for Needle-Free Diabetes Management Devices

The rising incidence of diabetes, on account of the lack of access to preventive care and the adoption of sedentary lifestyles, and the surging public awareness about the safety issues associated with needles are the major factors driving the demand for needle-free diabetes management solutions. According to the World Health Organization (WHO), diabetes claims the lives of 1.6 million people every year. Moreover, the organization found that in 2019, around 1.5 million deaths were caused because of diabetes.

 

For more information Needle-Free Diabetes Management Market Research Report

 

Furthermore, the International Diabetes Federation (IDF) estimates that the number of diabetic people will rise to 642 million by 2040. Insulin is commonly delivered with the help of pen injectors, insulin pumps, jet injectors, and insulin syringes. Amongst these, insulin syringes are the most widely used delivery systems for self-medication. However, these devices are not convenient for patients as they cause needle-stick injuries and carry other safety risks. This is why the usage of needle-free diabetes management devices is surging sharply across the world.

 

According to the estimates of the market research company, P&S Intelligence, the market revenue will rise from $3,830.6 million in 2016 to $16.8 billion by 2025. Furthermore, the market is expected to progress at a CAGR of 17.8% from 2017 to 2025. Some of the major problems associated with parenteral drug delivery processes are the lack of convenience, accuracy, safety, sterility, and affordability. As needle-free diabetes management devices are safer and easier to use, they are being increasingly preferred by both patients and healthcare practitioners.

 

Hence, it is safe to say that due to the growing prevalence of diabetes and the rising public awareness about the various safety and health risks associated with needles and insulin syringes, the demand for needle-free diabetes management solutions and devices is booming all over the world.

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Pramod Kumar
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