DISPOSABLE INSULIN PEN MARKET ANALYSIS

Regional Analysis

Asia Pacific, especially in countries such as India and China, the demand for disposable insulin pens is expected to gain significant traction. According to American Diabetic Association, around 60% of the world’s diabetic population lives in Asia. The prevalence of diabetes in India and China is 8.6% and 9.6% respectively. India is known as the diabetes capital of the world with more than 60 million diabetics in the country. As the number is on the rise, so is the need for disposable insulin pen. As more and more patients are diagnosed with diabetes, more and more insulin pens will be needed. Since disposable insulin pen is easier to use than the reusable variety, the global disposable insulin pen market potential is fairly high and is likely to increase in the coming years.