According to FutureWise analysis, the market for Alternatives for Injectable Diabetes Care is expected to grow at a CAGR of 9.52% over the forecast period of 2023-2031.
Alternative treatments for diabetes management have been developed to provide individuals with more options and improve their quality of life. One such alternative is the use of oral medications. Instead of injections, individuals can take prescribed oral antidiabetic drugs, such as metformin, sulfonylureas, meglitinides, thiazolidinediones, and DPP-4 inhibitors. These medications work by increasing insulin production in the pancreas, improving insulin sensitivity, or reducing glucose production in the liver. By taking these medications in pill form, individuals can conveniently manage their diabetes without the need for injections.
Another alternative to injectable diabetes care is the use of insulin pumps. Insulin pumps are small devices that deliver insulin through a catheter placed under the skin, typically on the abdomen. These pumps provide continuous subcutaneous insulin infusion, mimicking the body's natural insulin production. They offer precise control over insulin delivery and allow for customizable basal rates and bolus dosing. With an insulin pump, individuals can adjust their insulin dosage based on their needs and lifestyle, administering additional insulin before meals or as required. The advantage of insulin pumps is that they reduce the frequency of injections, as the catheter only needs to be changed every few days. Another alternative is inhalable insulin, such as Afrezza. This form of insulin comes in a powdered form that is inhaled into the lungs, providing a rapid-acting option for controlling blood sugar levels. It can be taken before meals and offers convenience compared to traditional injections. Therefore, individuals with diabetes have alternative options to manage their condition without relying solely on injectable medications.
FutureWise Market Research has published a report that provides an insightful analysis of alternatives for injectable diabetes care market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that alternatives for injectable diabetes care market will experience a significant growth.
According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.