Press release
Insulin Pump Market Expected To Reach USD 8520.9 Million Revenue at CAGR of 8.4% Expected to Reach by 2023
The Global Insulin Pump Market is expected to reach USD 8520.9 million by the end of the forecasted period and is expected to grow at a CAGR of 8.4% from 2018 - 2023. The World Insulin Pump Market research report analyzes the market by Top key players as Braun Melsungen AG, F. Hoffmann-La Roche AG, Medtronics, Abbott Laboratories, Becton, Dickinson and Company, Sanofi, Insulet Corporation and others.Insulin Pump Market Scenario:
Continuous subcutaneous insulin, or the insulin pump, has picked up popularity and advancement as a physiologic programmable technique for insulin delivery which is adaptable and life style friendly. Furthermore, the introduction of constant observing with glucose sensors gives exceptional access to, and forecast of, a patient's blood glucose levels. Research and development is in progress to coordinate the two technologies, from "sensor-augmented" and "sensor-driven" pumps to a completely automated and independent sensing and delivery system.
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Insulin Pump Market Regional Analysis:
The Global Insulin Pump Market is growing steadily. The market for Insulin Pump is growing with the CAGR of 8.4% during the forecast period from 2016-2023. North America accounts the largest market share in Global Insulin Pump market in 2016.
Continuous subcutaneous insulin, or the insulin pump, has picked up popularity and advancement as a physiologic programmable technique for insulin delivery which is adaptable and life style friendly. Furthermore, the introduction of constant observing with glucose sensors gives exceptional access to, and forecast of, a patient's blood glucose levels. Research and development is in progress to coordinate the two technologies, from "sensor-augmented" and "sensor-driven" pumps to a completely automated and independent sensing and delivery system.
Major TOC of Insulin Pump Market:
1 INTRODUCTION
1.1 Research Objective
1.2 Assumptions & Limitations
1.2.1 Assumptions
1.2.2 Limitations
1.2.3 Market Structure
2 REPORT PROLOGUE
3 RESEARCH METHODOLOGY
3.1 Primary Research
3.2 Secondary Research
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Prevalence Of Diabetes
4.1.2 Rise In Global Obesity Population
4.1.3 Technological Advancement In Drug Delivery Devices
4.1.4 Growing Global Awareness Of Diabetic Care
4.2 Restraints
4.2.1 Risks And Disadvantages Associated With Insulin Pumps
4.2.2 High Costs Of Insulin And Insulin Pumps
5 PORTERS FIVE FORCES
5.1 Bargaining Power Of Buyers
5.2 Bargaining Power Of Suppliers
5.3 Threat Of New Entrants
TOC Continued…!
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