Insulin Pump Market Size, Share, Trends and Forecast, 2018 – 2026

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Introduction

Insulin pumps are compact, on-screen devices that imitate the way the human pancreas functions by delivering tiny doses of short acting insulin continuously. Growing number of population suffering from diabetes is one of the major factors for growing demand of disposable insulin pump market. It delivers insulin in two ways such as a basal rate and bolus rate. Improved lifestyle flexibility, predictable & precise insulin delivery are the benefits impelling the market growth owing to accessible assistance delivered to the users.

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Market Dynamics

The insulin pump market is driven owing to factors such as escalating geriatric population, increasing prevalence of diabetes, and growing public awareness concerning the obtainability of insulin pumps. However, inadequate reimbursement policies, high cost, and availability of substitutes are a few factors limiting the insulin pumps market from achieving its true potential. However, development in insulin pumps and their rising adoption over conventional methods are a few factors primarily opening pocket of new opportunities for the vendors operating in this market.

Market Classification

The market can be bifurcated on the basis of product, type, end-user and geography. By type, insulin pump market can be segmented into traditional insulin pump and disposable insulin pump. By end-user, insulin pump market can be segmented into hospital & clinics, home care and laboratories. Based on product, the global market is segmented into tethered insulin pumps, untethered/patch insulin pumps and implantable insulin pump.On the basis of geography, the insulin pump market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

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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, End-User, 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 involved in insulin pump market include

  • B. Braun Melsungen AG
  • F.Hoffmann-La Roche AG
  • Medtronics plc
  • Abbott Laboratories
  • Becton and Company
  • Sanofi S.A.
  • Insulet Corporation
  • Others

Market Segmentation

Market by Product

  • Tethered Insulin Pumps
  • Untethered/Patch Insulin Pumps
  • Implantable Insulin Pump

Market By Type

  • Traditional Insulin Pump
  • Disposable Insulin Pump

Market By End-User

  • Hospital & Clinics
  • Home Care
  • Laboratories

Market By Geography

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

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Jay Smith is a trained neuroscientist and holds over two decades of experience in biomedical research. Also, was a regular author for leading medical and pharma journals and offered educational consulting and medical writing relating to the industry. Currently, he works as a head of content development for leading media house and interviews leading medical professionals to put forth developments in healthcare industry for the technology professionals.

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