Insulin Pumps Market to Witness Phenomenal Growth in 2025| Key Player Analysis:F. Hoffmann-La Roche Ltd., Ypsomed AGand,SOOIL Developments Co., Ltd, MicroPort, Scientific Corporation, Valeritas Inc. Insulet Corporation, Medtronic, Tandem Diabetes Care, In
The global insulin pumps market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.The global insulin pumps market is segmented on the basis of type, product, application and geography. On the basis of type, the market is segmented into tethered and untethered. Based on product, the insulin pumps market is classified as pumps and accessories. On the basis of end user, the insulin pumps market is segmented into type I diabetes and type II diabetes.
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The global insulin pumps market estimated to grow at a CAGR of 10.5% during the forecast period from 2018 to 2025. The insulin pumps market for insulin pumps was valued at USD 3,822.44 Mn in 2017 and is estimated to reach US$ 8,264.01 Mn by 2025.
The major players operating in the Insulin Pumps Market include
1. Insulet Corporation
3. Tandem Diabetes Care, Inc
4. Debiotech S.A
6. SOOIL Developments Co., Ltd
7. MicroPort Scientific Corporation
8. Valeritas Inc.
9. F. Hoffmann-La Roche Ltd.
10. Ypsomed AG
The report provides a detailed overview of the insulin pumps industry and forecast of the global insulin pumps market based on type, product, application, end user and geography. It also provides market size and forecast till 2025 for overall insulin pumps market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
The insulin pumps market is aimed to describe, define and estimate the forecast for market size of the insulin pumps till 2025. The report strategically analyzes macro and micro-markets to entail the major factors impacting the growth of the global insulin pumps market. The insulin pumps market report for insulin pumps is appropriate to cater the needs and demands of various stakeholders that include manufacturers, distributors and suppliers of insulin pumps, public and private hospitals, academic medical centers and teaching hospitals, privately practicing physicians and surgeons, medical institutes, pharmacies, ambulatory surgical centers and other distribution channels.
The increasing funding for research activities is also helps to increasing the growth for the global insulin pumps market in the coming years. In North America, diabetes management is gaining significant importance. With increasing funding for research, new product development is increasing are a rapid pace in the US and other countries. For instance, the Consolidated Appropriations Act for Fiscal Year 2016 increased discretionary funding for the National Institute of Diabetes and Digestive and Kidney Diseases to US$1.81 billion, an increase of over US$68 million compared to FY2015. This funding will help the institute to expand promising research toward improved treatments and cure for diabetes. Furthermore, the legislation also provided increased funding of US$ 170.12 million for the Division of Diabetes Translation at the Centers for Disease Control and Prevention (CDC). This funding will help the division to accomplish its mission to reduce the preventable burden of diabetes.
Reason to Buy:-
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the insulin pumps market.
-Highlights key business priorities in order to assist companies to realign their business strategies.
-The key findings and recommendations highlight crucial progressive industry trends in the global insulin pumps market, thereby allowing players across the value chain to develop effective long-term strategies.
-Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
-Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
-Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
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