Press release
Insulin Pumps Market Size and Share Analysis to 2025 - Debiotech S.A, CELLNOVO, SOOIL Developments Co., Ltd, MicroPort, Scientific Corporation, Valeritas, F. Hoffmann-La Roche Ltd., Ypsomed AGand
The Insight Partners
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Major Players operating in the market of insulin pumps include Insulet Corporation, Medtronic, Tandem Diabetes Care, Inc, Debiotech S.A, CELLNOVO, SOOIL Developments Co., Ltd, MicroPort, Scientific Corporation, Valeritas Inc., F. Hoffmann-La Roche Ltd., Ypsomed AGand, Inc. and among others.
According to a new market research study titled 'Insulin Pumps Market to 2025 - Global Analysis and Forecasts by Product, Type and Application, the global insulin pumps market was valued at US$ 3,822.44 Mn in 2017 and is estimated to reach US$ 8,264.01 Mn by 2025.
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.
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.
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About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Healthcare IT, Biotechnology and Medical Device industries.
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