According to a new market research study titled ‘Insulin Pumps Market to 2025 – Global Analysis and Forecasts by Product, Type and Application, the global insulin pumps market was valued at US$ 3,822.44 Mn in 2017 and is estimated to reach US$ 8,264.01 Mn by 2025. The report highlights the trends prevalent in the global insulin pumps market and the factors driving the market along with those that act as deterrents to its growth.
Insulin Pumps Market to 2025 – Global Analysis and Forecasts by Product (Pumps, and Accessories); Type (Tethered Pumps, and Untethered Pumps); Application (Type I Diabetes and Type II Diabetes) and Geography
The global insulin pumps market is a mature market in current scenario, in the developed countries as well as in developing economies worldwide. Over the past few years, products with increased technology with more effective benefits is a major requirement in the treatment for diabetes. The advancement and development in the treatment is increasing in the last few years. As the prevalence of diabetes is increasing across the world, the demand for more products with advancements is also boosting up. Hence, over the years, researchers have been carrying out research activities which have resulted to product innovations.
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- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Insulin Pumps Market
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
MARKET KEY PLAYERS
The key players operating in the field of insulin pumps market worldwide include Insulet Corporation, Medtronic, Tandem Diabetes Care, Inc, Debiotech S.A, CELLNOVO, SOOIL Developments Co., Ltd, MicroPort, Scientific Corporation, Valeritas Inc., F. Hoffmann-La Roche Ltd., Ypsomed AGand and among others.
Insulin Pumps Market - Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The increasing product development with advanced technology is expected to provide impetus for the growth of the insulin pumps market during the forecast period. For instance, the Guardian Connect system, by Medtronic, developed the advanced feature including alert system that helps in aware people about potential high or low glucose level events, up to 60 minutes in advance. The system is proven in a clinical study to accurately alert patients of 98.5 % of hypoglycemic events. Moreover, the Accu-Chek Solo micropump system by Roche comprise detach and re-attach function of pump without wasting insulin.
The "Global Insulin Pumps Market Analysis To 2025" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global Insulin Pumps Market with detailed market segmentation by product, type, application and geography. The global Insulin Pumps Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the Insulin Pumps Market.
North America is expected to contribute to the largest share in the Insulin Pumps Market in the coming years, owing to factors such as, improved healthcare infrastructure and growing market with prevailing changes, increasing saturation of health insurance in United States and Canada. Asia Pacific is expected to witness significant growth rate during the forecast period primarily due to high fiscal growth, an increase in public and private healthcare expenses in Asian countries such as, India, China and Japan.
The Report Segments the global Insulin Pumps market as follows:
Global Insulin Pumps Market – By Type
Global Insulin Pumps Market – By Product
Global Insulin Pumps Market – By Application
- Type I Diabetes
- Type II Diabetes
Global Insulin Pumps Market – By Geography
- North America
Asia Pacific (APAC)
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
South & Central America (SCAM)
Table of Contents:
1. INTRODUCTION 21
1.1 SCOPE OF THE STUDY 21
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 21
2. GLOBAL INSULIN PUMPS MARKET - KEY TAKEAWAYS 22
3. GLOBAL INSULIN PUMPS MARKET - MARKET LANDSCAPE 25
3.1 OVERVIEW 25
3.2 MARKET SEGMENTATION 25
3.2.1 Global Insulin Pumps Market - By Product 26
3.2.2 Global Insulin Pumps Market - By Type 26
3.2.3 Global Insulin Pumps Market - By Application 26
3.2.4 Global Insulin Pumps Market - By Geography 27
3.3 PEST ANALYSIS 28
3.3.1 North America - PEST Analysis 28
3.3.2 Europe- PEST Analysis 30
3.3.3 Asia Pacific- PEST Analysis 32
3.3.4 Middle East And Africa- PEST Analysis 34
3.3.5 South and Central America - PEST Analysis 36
4. GLOBAL INSULIN PUMPS MARKET - KEY MARKET DYNAMICS 38
4.1 KEY MARKET DRIVERS 38
4.1.1 Increasing Prevalence of Diabetes 38
4.1.2 Increasing Technological Advancement in Insulin Pump 39
4.1.3 Increasing Rise in the Geriatric Population 39
4.2 KEY MARKET RESTRAINTS 40
4.2.1 Availability of Alternatives for Insulin Delivery Pumps 40
4.2.2 High Cost of Insulin Pumps 40
4.3 KEY MARKET OPPORTUNITIES 41
4.3.1 Rising Medical Tourism In Developing Countries 41
4.4 FUTURE TRENDS 41
4.4.1 Growing Product Innovations 41
4.5 IMPACT ANALYSIS 42
5. INSULIN PUMPS MARKET - GLOBAL ANALYSIS 43
5.1 GLOBAL INSULIN PUMPS MARKET REVENUE FORECASTS AND ANALYSIS 43
5.2 GLOBAL INSULIN PUMPS MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 44
5.3 MARKET POSITIONING 45
5.4 PERFORMANCE OF KEY PLAYERS 45
5.4.1 Medtronic 45
5.4.2 Insulet Corporation 46
5.5 EXPERT OPINIONS 46
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