The rising public awareness about the various safety issues and concerns associated with needles and the growing incidence of diabetes are the two main factors fueling the demand for needle-free diabetes management solutions across the world. Needle stick injuries caused during insulin administration procedures can cause blood-borne pathogen transmission. Because of this reason, both patients and healthcare professionals experience emotional distress, fear, and anxiety because of needle stick injuries. As a result, they are increasingly adopting needle-free diabetes management solutions.
According to various reports, around 16 billion injections are administered in patients every year across the globe, according to the observations of the World Health Organization (WHO). However, as per various reports, a majority of the needles and syringes used for administering injections are not properly disposed of, thereby creating a huge demand for needle-free diabetes management equipment in various healthcare applications. Moreover, the increasing occurrence rate of diabetes is propelling the requirement for these devices around the world.
As per the International Diabetes Federation (IDF), nearly 415 million people across the world were diabetic in 2015 and this number is predicted to rise to 642 million by 2040. Diabetes is mainly caused because of the adoption of sedentary lifestyles and the lack of access to proper preventive care. Due to these factors, the demand for needle-free diabetes management solutions is mushrooming across the world, which is, in turn, fueling the expansion of the global needle-free diabetes management market.
Additionally, the demand for these devices was found to be the highest in the U.S. across the world during the past few years and this trend is predicted to continue in the coming years as well. In the Asia-Pacific (APAC) region, the demand for needle-free diabetes management devices was observed to be the highest in Japan in the years gone by. On the other hand, Germany is currently witnessing the highest demand for these devices in Europe.
Hence, it can be said with full certainty that the sales of needle-free diabetes management devices will skyrocket all over the world in the forthcoming years, primarily because of the growing incidence of diabetes and the surging occurrence rate of needle stick injuries.