Insulin Pump Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC666

Introduction

Insulin pumps are used for administration of insulin in body to control diabetes. North America is the largest market for global insulin pumps, with the U.S. being the largest market, followed by Europe, Asia-Pacific, and the Latin America. Owing to the growing number of diabetic patients, North America and Europe will continue to dominate the market. The increasing awareness towards glycemic control and advance insulin delivery devices is expected to drive the sale of insulin pumps in Asia-Pacific region during the forecast period.

Market Classification
 
The insulin pump market is segmented based on product type, application, and geography. Geographically, this market can be segmented in five regions namely North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. On the basis of product type, the market is divided into traditional insulin pump, smart pump, and disposable insulin pump.
 

Market Dynamics

The increasing incidences of diabetes and rising awareness towards diabetes and insulin delivering devices are the major drivers for this market. Also, the development of home infusion therapy and artificial pancreas is further driving the growth of this market. There have been various concerns associated with insulin delivery devices such as skin infections and high cost of insulin analogs which acts as restraints to the growth of this market. In addition, lack of skilled professionals for handling insulin pumps further hampers the growth of this market. Research on aerosolized insulin for inhalation, and insulin-producing stem cell implantation will lead to decrease in sale of insulin pumps.

Report Coverage

Market

Insulin Pump  Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Product Type, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

Market Participants

Some of the major players in the global insulin pump market include Animus Corporation, Asante, Cellnovo Ltd., Insulet Corporation, Medtronics, Inc., Nipro Diagnostic, Inc., Roche, Sooil Development Co., Ltd., and Tandem Diabetes Care, Inc. among others.

Market Segmentation

Market By Product Type

  • Traditional Insulin Pump
  • Smart Pump
  • Disposable Insulin Pump

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


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