To know the impact of COVID-19 On Insulin Pump Market By Product Type (Traditional Insulin Pump, Disposable Insulin Pump, Smart Pumps), By End User (Hospitals, Homecare, Laboratories, Retailer, Clinics), Industry Analysis, Trends, and Forecast 2021 Market
Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027
Insulin Pump Market was worth of USD 4.98 billion in 2021 and it is expected to reach USD 12.18 billion at the end of 2028 with CAGR of 13.64%.
Market Analysis of Insulin Pump -
Diabetes Mellitus is a metabolic disorder affecting children and adult in which body does not produces enough insulin. Symptoms of high blood sugar include weakness fatigue, frequent urination, increased thirst, unexplained loss of weight and increase in healing time of cuts & wounds and increased hunger. An insulin pump is a portable medical device used for the administration of insulin at a programmed rate to control diabetes mellitus. The insulin is housed inside the pump in little cartridge called “Reservoir”. Insulin travels into your body through a flexible tube that end with a tiny needle called a ”Cannula” inserted just under the skin. So during the study of global Insulin Pump market, we have considered Global Insulin Pump devices syringes, insulin pens and jet injectors and consumables like Infusion set, Cannula, Tubing Box and Reservoir to analyze the market.
Global Insulin Pump market report is segmented on the basis of Product type, End User and geography. Based upon Product type, Market is classified as Traditional Insulin Pump, Disposable Insulin Pump and Smart Pumps. Based on end user, Market is classified into Hospitals, Homecare, Laboratories, Retailer, Online Pharmacy, Individual (self medication) and Clinics.
The regions covered in this Global Insulin Pump Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Global Insulin Pump Market is sub divided in to U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Insulin Pump Market Key Players -
Global Insulin Pump Market reports cover prominent players like, Sanofi, Abbott Laboratories, Becton, F. Hoffmann-La Roche AG, Medtronic Inc., Dickinson and Company, Insulet Corporation, Tandem Diabetes Care, Animas Corporation (subsidiary of Johnson & Johnson Services), Micro Port, Valeritas, Cellnovo Ltd, Nipro Diagnostic, SOOIL Developments Co., Jiangsu Delve Co., Ltd, Asante, Braun Melsungen AG, Omron, Ypsomed, MicroPort Scientific Corporation, Spring Health Solutions and Debiotech.
Insulin Pump Market Dynamics –
The growth of Global Insulin Pump Market is driven by chronic nature of the disease, Increasing aging population, increasing prevalence of diabetes, growing awareness towards diabetes and insulin delivering devices, such as syringes, pens, jet injectors and oral insulin. Also advancement in technology especially in medical and healthcare sector is one of the drivers for this market. However, skin infection like redness, swelling and pain also weight gain due to increased anabolic activity and High Cost of Insulin Pump i.e., USD 2000 to USD 4500. In near future, technological advancement such as, Insulin Patch Pumps, Combined Pump, Glucose Sensor and Implanted Pumps may generate new opportunities.
Insulin Pump Market Segmentation:
By Product Type
- Traditional Insulin Pump
- Disposable Insulin Pump
- Smart Pumps
By End User
- Online Pharmacy
- Individual (self medication)
Insulin Pump Market Key Players:
- Abbott Laboratories
- Hoffmann-La Roche AG
- Medtronic Inc.
- Dickinson and Company
- Insulet Corporation
- Tandem Diabetes Care
- Animas Corporation (subsidiary of Johnson & Johnson Services)
- Micro Port
- Cellnovo Ltd
- Nipro Diagnostic
- SOOIL Developments Co.
- Jiangsu Delve Co., Ltd
- Braun Melsungen AG
- MicroPort Scientific Corporation
- Spring Health Solutions and Debiotech.
• Rest of Europe
• South Korea
• Rest Of APAC
• Rest of South America
Middle East and Africa
• Saudi Arabia
• South Africa
• Rest Of MEA
Key Benefits of Global Insulin Pump Market Report-
- Global Insulin Pump Market report covers in-depth historical and forecast analysis.
- Global Insulin Pump Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
- Global Insulin Pump Market report helps to identify opportunities in marketplace.
- Global Insulin Pump Market report covers extensive analysis of emerging trends and competitive landscape.
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Insulin Pump Market Size, Share & Forecast By 2028
Insulin Pump Market By Product Type (Traditional Insulin Pump, Disposable Insulin Pump, Smart Pumps), By End User (Hospitals, Homecare, Laboratories, Retailer, Clinics), Industry Analysis, Trends, and Forecast 2021
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