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Tubeless Insulin Pump Market Rising the Growth | Leading Key Players: Insulet Corporation, Johnson & Johnson, Medtrum Technologies Inc., Roche Holding AG, Cellnovo Group SA, Spring Health Solution Ltd., Debiotech, CeQur SA, Valeritas, Abbott Diabetes Care

01-03-2019 07:35 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Germany Tubeless Insulin Pump Market, By Component, 2013 - 2024 (USD Million)

Germany Tubeless Insulin Pump Market, By Component, 2013 - 2024 (USD Million)

U.S. tubeless insulin pump market accounted for largest regional share in 2016. Diabetes prevalence is escalating due to increasing aging population, rapid urbanization and increasing cases of obesity due to lack of physical inactivity. The anticipated rising demand for tubeless insulin pump should strongly drive regional business growth.

Germany will be the biggest market followed by other European countries such as France. However, UK market is forecasted to grow with highest CAGR of above 25% during the forecast period.

APAC should witness considerable growth over the coming years. Rising awareness for diabetes care, improving economic conditions and growing adoption for technologically advanced insulin products should accelerate regional business growth.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/2032

Some of the companies operating in tubeless insulin pump market are Insulet Corporation, Johnson & Johnson, Medtrum Technologies Inc., Roche Holding AG, Cellnovo Group SA, Spring Health Solution Ltd., Debiotech, CeQur SA, Valeritas, Abbott Diabetes Care

Tubeless Insulin Pump Market size is set to exceed USD 2 billion by 2024; according to a new research report by Global Market Insights, Inc.

Rising number of diabetic and obese patients coupled with introduction of advanced pump will serve as high impact rendering factors for the tubeless insulin pump market growth.

Advent of new technologies in continuous glucose monitoring without the need for daily insulin injection doses will stimulate business growth over the forecast years. Growing adoption of minimally invasive insulin delivery methods should improve patient compliance.

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/2032

Inadequate reimbursement coverage and high long-term cost associated with tubeless insulin pump will hamper its adoption in emerging economies. Compliance to insulin therapy may reduce owing to high maintenance therapy cost.

The pods/patches tubeless insulin pump market should witness more than 20% CAGR over the coming years. Regular replacement of pods and high usage frequency will drive the escalated demand for these products.

Tubeless insulin pump remote should grow in parallel with the pods segment. Although the replacement rate of remotes is not as high as that of pods, their initial capital requirement is higher. Increasing sales of new tubeless insulin pump will fuel the significant growth of the remote market.

Distribution of tubeless insulin pump through e-commerce platforms has become the most popular medium. In 2016, e-commerce held the market share of over 50%, valuing more than USD 250 million. This online platform will witness a significant growth over the forecast period.

Distribution through hospitals is less preferred medium because of the high cost of tubeless insulin pump. However, many private hospitals have recently started offering tubeless insulin pump at affordable prices, augmenting the industry growth of the tubeless insulin pump market.

New product launches and geographical expansion will primarily drive the industry. Key industry participants will strive to strengthen their position in this competitive market by adoption these strategies.

Tubeless insulin Pump market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:

Tubeless insulin Pump market by component
o Pod/Patch
o Remote
o Others

Tubeless insulin Pump market by distribution channel
o Hospitals
o Pharmacies
o E-commerce
o Others

The above information is provided for the following regions and countries:
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o Italy
o France
o Spain
• Asia Pacific
o China
o India
o Japan
o Australia
o South Korea
• Latin America
o Brazil
o Mexico
• Middle East and Africa
o South Africa
o Saudi Arabia

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Blog: http://news-researchers.com/

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