Insulin Pumps Market to Reflect Higher Growth by 2025


Posted April 20, 2023 by Karan1003

The insulin pumps market accounted to US$ 3,822.4 Mn in 2017 and is expected to grow at a CAGR of 10.5% during the forecast period 2018 – 2025, to account to US$ 8,264.0 Mn by 2025.

 
The insulin pumps market accounted to US$ 3,822.4 Mn in 2017 and is expected to grow at a CAGR of 10.5% during the forecast period 2018 – 2025, to account to US$ 8,264.0 Mn by 2025. The increasing technological advancements due to the increased demand for product development. However, the availability of alternatives for insulin delivery pumps are expected to act as major challenges hindering the market growth. North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period. North American Insulin Pumps market is driven by the factors such as, rising geriatric population and increasing prevalence of diabetes in the region.

The scope of the Insulin Pumps Market Report:

The research report focuses on the current market trends, opportunities, future potential of the market, and competition in the Cell Expansion in North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also provides market insights and analysis of the Cell Expansion, highlighting the technological market trends, adoption rate, industry dynamics, and competitive analysis of major players in the industry.

The segmentation in this research study has been finalized post in-depth secondary research and extensive primary research. In addition, the market is also segmented on the basis of products offered by the leading participants in the industry in order to understand widely used market specific terminologies. Thus, we have incorporated the segments of the research and have finalized the market segmentation.

Segments-

Based on product, the market is bifurcated into pumps and accessories. By type, the insulin pumps market is segmented into tethered and untethered types. On the basis of application segment, the market is classified as type I diabetes and type II diabetes. The insulin pumps include the applications such as type I diabetes and type II diabetes. The insulin pumps by application, the dominance of type I diabetes segment attributes to the alleviation from large costs that are incurred by the companies for in-house activities.

Major highlights of the report:

All-inclusive evaluation of the parent market
Evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of market value and volume in past, present, and forecast years
Evaluation of market share
Tactical approaches of market leaders
Lucrative strategies to help companies strengthen their position in the market
Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Insulin Pumps Market ‘provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

Major Key players covered in this Insulin Pumps Market report-

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 AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Insulin Pumps Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

About The Insight Partners:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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Issued By Karan Shendage
Country India
Categories Health
Tags insulin pumps market
Last Updated April 20, 2023