Germany Insulin Delivery Devices Market Size & Outlook
Germany insulin delivery devices market, 2018-2030 (US$M)
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Germany insulin delivery devices market highlights
- The Germany insulin delivery devices market generated a revenue of USD 867.2 million in 2023 and is expected to reach USD 1,511.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, insulin pens was the largest revenue generating product in 2023.
- Insulin Pumps is the most lucrative product segment registering the fastest growth during the forecast period.
Insulin delivery devices market data book summary
| Market revenue in 2023 | USD 867.2 million |
| Market revenue in 2030 | USD 1,511.7 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Insulin pens |
| Fastest growing segment | Insulin Pumps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Insulin Pens, Insulin Pumps, Insulin Pen Needles, Insulin Syringes |
| Key market players worldwide | Novo Nordisk A/S ADR, Sanofi SA, Eli Lilly and Co, Ypsomed Holding AG, Medtronic PLC, Abbott Laboratories, Roche, Biocon, Wockhardt |
Other key industry trends
- In terms of revenue, Germany accounted for 5.3% of the global insulin delivery devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany insulin delivery devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,326.7 million by 2030.
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Insulin Delivery Devices Market Scope
Insulin Delivery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany insulin delivery devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to insulin delivery devices market will help companies and investors design strategic landscapes.
Insulin pens was the largest segment with a revenue share of 44.14% in 2023. Horizon Databook has segmented the Germany insulin delivery devices market based on insulin pens, insulin pumps, insulin pen needles, insulin syringes covering the revenue growth of each sub-segment from 2018 to 2030.
Diabetes poses a significant health challenge for healthcare systems in Germany. The prevalence of type 1 & 2 diabetes in the adult population is high, with several patients remaining undiagnosed. The growing aging population and unhealthy lifestyle choices are expected to increase the prevalence of type 2 diabetes in the coming decade.
Hence, it is crucial to provide high-quality care to prevent complications, including effective monitoring, risk factor control, and active self-management for patients in Germany with type 2 diabetes. The frequency of monitoring blood sugar levels relies on the type of diabetes a person has, which can differ from one individual to another.
In Germany, the strict regulations set forth by the government and the favorable policies of the WHO regarding the use of blood glucose monitoring devices are driving companies to develop innovative products.
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Target buyers of Germany insulin delivery devices market databook
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Our clientele includes a mix of insulin delivery devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany insulin delivery devices market , including forecasts for subscribers. This country databook contains high-level insights into Germany insulin delivery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany insulin delivery devices market size, by insulin pen needles, 2018-2030 (US$M)
Germany Insulin Delivery Devices Market Outlook Share, 2023 & 2030 (US$M)
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