Human Insulin Drugs And Delivery Devices Market

By Drug;

Basal Or Long Acting Insulins, Bolus Or Fast Acting Insulins, Traditional Human Insulins, Combination Insulins and Biosimilar Insulins

By Device;

Insulin Pumps, Insulin Pens, Insulin Syringes and Insulin Jet Injectors

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn139883350 Published Date: September, 2025 Updated Date: October, 2025

Human Insulin Drugs And Delivery Devices Market Overview

Human Insulin Drugs And Delivery Devices Market (USD Million)

Human Insulin Drugs And Delivery Devices Market was valued at USD 49,406.41 million In the year 2024 The size of this market is expected to increase to USD 84,126.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.9%.


Human Insulin Drugs And Delivery Devices Market

*Market size in USD million

CAGR 7.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.9 %
Market Size (2024)USD 49,406.41 Million
Market Size (2031)USD 84,126.62 Million
Market ConcentrationMedium
Report Pages365
49,406.41
2024
84,126.62
2031

Major Players

  • Novo Nordisk A/S
  • Sanofi
  • Eli Lilly and Company
  • Merck & Co., Inc.
  • Biocon Ltd.
  • Becton, Dickinson and Company (BD)
  • Abbott Laboratories
  • Ypsomed AG
  • Medtronic plc
  • Insulet Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Human Insulin Drugs And Delivery Devices Market

Fragmented - Highly competitive market without dominant players


The Internet of Things Enabled Industrial Wearables Market is transforming operations by enhancing safety, boosting productivity, and enabling real-time monitoring. Adoption of IoT-enabled wearables has surged by over 40%, as industries leverage instant data collection and analysis. This seamless connectivity is reshaping industries through data-driven decisions and predictive maintenance.

Key Drivers Accelerating Growth

The emphasis on worker safety and operational efficiency significantly fuels market momentum. Nearly 35% of organizations have integrated IoT wearables to minimize workplace risks. These devices provide real-time health monitoring, location tracking, and environmental sensing, helping industries enforce stringent safety measures while optimizing workflows.

Advancements Strengthening Market Adoption

Technologies like AI-powered analytics, cloud platforms, and edge computing have advanced industrial wearables' capabilities. Approximately 50% of recent wearable installations feature AI-driven insights, streamlining processes and improving predictive functions. This blend of IoT with intelligent technologies enhances preventive maintenance, limits operational downtime, and boosts resource utilization.

Growth Prospects and Industry Outlook

The IoT Enabled Industrial Wearables Market shows robust expansion potential, supported by ongoing automation and digitalization trends. Around 60% of industrial players intend to increase investments in IoT wearables, pointing to rapid technological evolution. Continuous R&D and strategic partnerships will open new applications, embedding these solutions deeper into industrial landscapes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Drug
    2. Market Snapshot, By Device
    3. Market Snapshot, By Region
  4. Human Insulin Drugs And Delivery Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Prevalence of Diabetes
        2. Advancements in Insulin Delivery Technologies
        3. Growing Healthcare Infrastructure
      2. Restraints
        1. High Cost of Treatment
        2. Limited Access to Healthcare
        3. Technological Barriers in Developing Regions
      3. Opportunities
        1. Increasing Investments in Diabetes Care
        2. Rising Awareness and Education Programs
        3. Innovation in Personalized Treatment Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Human Insulin Drugs And Delivery Devices Market, By Drug, 2021 - 2031 (USD Million)
      1. Basal Or Long Acting Insulins
      2. Bolus Or Fast Acting Insulins
      3. Traditional Human Insulins
      4. Combination Insulins
      5. Biosimilar Insulins
    2. Human Insulin Drugs And Delivery Devices Market, By Device, 2021 - 2031 (USD Million)
      1. Insulin Pumps
      2. Insulin Pens
      3. Insulin Syringes
      4. Insulin Jet Injectors
    3. Human Insulin Drugs And Delivery Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Novo Nordisk A/S
      2. Sanofi
      3. Eli Lilly and Company
      4. Merck & Co., Inc.
      5. Biocon Ltd.
      6. Becton, Dickinson and Company (BD)
      7. Abbott Laboratories
      8. Ypsomed AG
      9. Medtronic plc
      10. Insulet Corporation
  7. Analyst Views
  8. Future Outlook of the Market