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Insulin Pump Market Business Growth Statistics and Key Players Insights: Animas Corporation, Cellnovo, Insulet Corporation, Medtronic Minimed, Ypsomed, F. Hoffmann-La Roche Ltd

12-19-2018 12:01 PM CET | Health & Medicine

Press release from: Crystal Market Research

Insulin Pump Market

Insulin Pump Market

Crystal Market Research has announced the addition of "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%" Market Research report to their database.

Competitive Outlook and Trend Analysis
The key players operating in the global insulin pump market emphasize on product development in order to introduce improved diabetes management systems and capture a larger share of the market. 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.

TOP MOST PLAYERS:

• Animas Corporation

• Cellnovo

• Insulet Corporation

• Medtronic Minimed

• Ypsomed

• F. Hoffmann-La Roche Ltd

• SOOIL DevelopmentCo. Ltd

• Tandem Diabetes Care

• Microport Scientific Corporation

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Industry Trend Analysis

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. However, the complexity of such devices can sometimes prevent people from readily adopting them thus restraining the market growth.

Market Classification

Insulin Pump Market, By Product

Insulin Reservoirs/Cartridges
Infusion Sets

Plastic Cannula
Steel Cannula

Infusion Set Insertion Devices
Insulin Pumps

Smart Pumps
Disposable Insulin Pumps
Traditional Insulin Pumps

Others

Insulin Pump Market, By Region

• 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, United Arab Emirates, Others)

Regional Outlook and 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.

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Market Opportunities:

The key opportunity for the players operating in insulin pump market lies in the development of various types of insulin and insulin delivering devices and also increasing awareness towards diabetes. Apart from that, emergence of home infusion therapy and artificial pancreas will further broaden the opportunities of the key players to grow significantly over the forecast period. In addition, promotional activities related to product information and benefits in daily lives of individuals, will further increase demand of this market, creating a lucrative opportunities for growth, for the key players of this market.

FEATURES OF THE REPORT:

1. The analysis of Insulin Pump market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.

2. The key players in the market and their share in the global market are discussed.

3. The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.

4. The Insulin Pump market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.

Continued…

Table of Contents:-

1.Introduction
1.1.Report Description
1.2.Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

2.Executive Summary
2.1.Key Highlights

3.Market Overview
3.1.Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2.Market Share Analysis
3.3.Market Dynamics
3.3.1. Drivers
3.3.1.1.Rising Prevalence of Diabetes Globally
3.3.1.2.Increase in Adoption of Insulin Delivering Devices
3.3.2. Restraints
3.3.2.1.Lack of Skilled Professional for Handling The Device
3.3.2.2.Emergence of Low Cost Alternative Techniques
3.3.2.3.Threats of Getting Side-Effects
3.3.3. Opportunities
3.3.3.1.Increased Application of Artificial Pancreas and Home Infusion Therapy
3.4.Industry Trends

4.Insulin Pump Market, By Product
4.1.Introduction
4.2.Insulin Pump Market Assessment and Forecast, By Product, 2016-2025
4.3.Insulin Reservoirs/ Cartridges
4.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.2. Infusion Sets
4.3.3. Market Assessment and Forecast, By Type, 2016-2025 ($Million)
4.3.4. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.4.1.Plastic Cannula
4.3.4.1.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.4.2.Steel Cannula
4.3.4.2.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.5. Infusion Set Infusion Devices
4.3.6. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.7. Insulin Pumps
4.3.8. Market Assessment and Forecast, By Type, 2016-2025 ($Million)
4.3.9. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.9.1.Smart Pumps
4.3.9.1.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.9.2.Disposable Insulin Pumps
4.3.9.2.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.9.3.Traditional Insulin Pumps
4.3.9.3.1.Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.3.10.Others
4.3.11.Market Assessment and Forecast, By Region, 2016-2025 ($Million)

…CONTINUED FOR TOC

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About Crystal Market Research:-

Crystal Market Research helps various companies irrespective of big or small in growth financing, strategy to enter the market, market research, mergers and acquisitions, strategic consulting and capital investment. Our expertise and knowledge in materials, products and manufacturing industries have assisted our client base to make the appropriate equation for measurable lucrative results. Crystal Market Research’s regional and global market intelligence coverage comprises of industry segments such as chemicals and materials, pharmaceutical, food and beverages, technology and media, and consumer goods, amongst many others.

Contact Us:

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Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com

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