Insulin Pump Market 2018 Estimated To Expand At CAGR 8.36% With The Top Key Players Like Animas Corporation (subsidiary of Johnson & Johnson Services), Cellnovo,, Insulet Corporation, Medtronic MiniMed, Ypsomed, F. Hoffmann-La Roche Ltd, SOOIL Development

A research study titled, “Insulin Pump Market by product - global industry analysis and forecast to 2025” published by crystal market research.

Competitive Insights:
Some of the major players in this market are, Animas Corporation (subsidiary of Johnson & Johnson Services), Cellnovo,, Insulet Corporation, Medtronic MiniMed, Ypsomed, F. Hoffmann-La Roche Ltd, SOOIL Development Co. ltd., Tandem Diabetes Care and Microport Scientific Corporation.

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Industry Outlook
Insulin pump market is expected to experience significant growth in coming years between 2017 and 2025. The market is expected to become $10.15 billion by 2025 at a growing CAGR of 8.36%.
The market is primarily driven by rising incidence of diabetes worldwide. Diabetes is on the rise globally with a steady increase around the world especially in the world’s middle-income and young generation of the countries. According to World Health Organization’s Global Report on Diabetes published in 2016, the global prevalence of diabetes has nearly doubled between 1980 and 2014, rising from 4.7% to 8.5% of the adult population. In terms of number of patients, the prevalence increased from 108 million in 1980 to 422 million cases in 2014. With increasing awareness among diabetics about technologically advanced devices for treating diabetes, the market for insulin patch pumps is expected to witness favorable growth during the forecast period.

Market Segmentation
Type Outlook - Insulin Pump Market
Insulin reservoirs are types of insulin pumps, which are involved in storing and delivering insulin either automatically or in response to instructions given by the pump wearer. It helps in feeding insulin to the patient’s body throughout the day and even can deliver larger doses when required by the patient. This pump also consists of infusion sets, which supports the pump for proper positioning. The infusion set consists of cannula (plastic or steel) which is inserted beneath the skin, through which insulin is delivered to the body as per programming. The increased incidence of diabetes and emergence of home infusion therapy will promote the growth of the market over the forecast period.

By Region- Insulin Pump Market
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

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Regional Trend Analysis
North America held a significant share of the insulin pump market in 2016 due to the availability of FDA approved insulin pumps such as the OmniPod Insulin Management System manufactured by Insulet Corporation and V-GO disposable insulin delivery device manufactured by Valeritas, Inc. The Asia-Pacific market has not experienced any substantial growth due to lack of large scale adoption of advanced therapies for diabetes management but can experience favorable growth in coming years owing to increasing awareness related to diabetes management in the region.

List of Tables
Table 1.Insulin Pump Market, By Product ($Million), 2016-2025
Table 2.Insulin Reservoirs/ Cartridges Market, By Region ($Million), 2016-2025
Table 3.Infusion Sets Market, By Type ($Million), 2016-2025
Table 4.Infusion Sets Market, By Region ($Million), 2016-2025
Table 5.Plastic Cannula Market, By Region ($Million), 2016-2025

List of Figures
Figure 1.Insulin Pump Market Share, By Product, 2016 & 2025
Figure 2Insulin Pump Market, By Region, 2016, ($Million)
Figure 3.Animas Corporation: Net Revenues, 2014-2016 ($Million)
Figure 4.Animas Corporation: Net Revenue Share, By Segment, 2016
Figure 5.Animas Corporation: Net Revenue Share, By Geography, 2016
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