Biodegradable plastics are proving to be a much better alternative to traditional plastics thanks to its environmentally friendly properties and awareness among consumers. Biodegradable plastics are often decomposed into the biomass, soil and CO2 by the natural process of organisms like microbes, thanks to the exposure of sun's ultra-violet radiation, enzymes, and wind abrasion and by the impact of water. This degradation is possible as biodegradable plastic is formed from natural resources such as Starch, Soybeans, Corn Oil, Orange Peels, Mirco-Organism and Orange Peels. According to Renub Research market analysis report, United States Biodegradable Plastics Market will be USD 1.5 Billion by 2026.
According to the latest report by Renub Research, titled "Insulin Pen Market & Users by Diabetes Population (Type 1, Type 2), Countries, Types of Insulin Pen (Disposable, Reusable, Smart), Reimbursement Policies, Company Analysis" Diabetic patients use an insulin pen to inject insulin in a somewhat more comfortable and convenient way as compared to the Syringe. The key growth drivers of insulin pen are increasing diabetic population around the world, along with an increase in awareness and growing healthcare expenditure to manage diseases like diabetes. Many of us are using insulin pen as they're easier to hold and use. It doesn't require to possess a bottle to draw insulin, easy adjustment of dose, less wastage of expired insulin, it doesn't require refrigeration to store as compared to other insulin delivery methods. According to Renub Research, the Global Insulin Pen Market will increase year on year; and reach US$ 35 Billion by the end of the year 2025.