NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2011/02/03 - Insulin pump market in the UAE has been estimated to account for the largest share of the insulin delivery devices market, says a new research report from RNCOS.
The UAE has witnessed strong growth prevalence level of diabetes during the past few years. The situation is getting worse day-by-day as the number of patients continues to grow in the backdrop of urbanization and changing lifestyle. With this increase, the demand for insulin delivery devices such as, insulin pumps and various others has also soared. A number of other factors such as, growing need for efficient control over blood sugar levels and various insurance plans that include the expenditure of pump and supplies also support the growth of the market. Resultantly, the UAE insulin pump market is anticipated to grow at a CAGR of 16% during 2011-2013, says our new research report “Diabetes Market in UAE”.
Among several factors discussed in the report that are responsible for the growth of the market, technological innovations have helped most in fueling the growth of the market. Several pump makers have been focusing on developing advanced insulin pumps by integrating it glucose monitors, wound coverings, and steroid-eluting electrodes. On the back of these factors and high cost of insulin pumps, insulin pumps are estimated to account for the largest share of the UAE’s insulin delivery devices market.
Our report has segmented the total diabetes market of the UAE on the basis of type, delivery devices, and monitoring. On the basis of type, the market has been further segmented into oral diabetic drug market and insulin market. Delivery devices are further segmented into insulin pump, insulin syringes, and insulin pens. For all the segments stated, clear statistics along with the growth factors have been included in the report. Besides, detail information regarding glucose monitoring systems has been provided in our report.
Our report “Diabetes Market in UAE” has thoroughly examined current market trends, industrial developments, and competitive landscape to enable clients understand the market structure and its progress in coming years. Due consideration has been given to the possible after effects of recession on the industry. It will help clients to have a proper insight of the current and future outlook of the UAE Diabetes market.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.