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Artificial Pancreas Device System Market Outlook to 2025 - Top Companies Defymed, TypeZero Technologies, Inc., Insulet Corporation, Bigfoot Biomedical, Inc., Medtronic, Dexcom, Inc., Admetsys, Beta Bionics, Cellnovo, and Tandem Diabetes Care

02-15-2019 09:56 PM CET | Health & Medicine

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
Artificial Pancreas Device System Market at  CAGR of 20.9% from 2025

Artificial Pancreas Device System Market at CAGR of 20.9% from 2025

Artificial Pancreas Device System Market is expected to reach US$ 2,168.1 Mn in 2025 from US$ 481.8 Mn in 2017. The market is estimated to grow with a CAGR of 20.9% from 2018-2025.

Artificial pancreas device systems market is segmented by type and geography. Global artificial pancreas device systems market, based on the type was segmented into control to range, control to target, and threshold-suspended device systems.

Worldwide Artificial Pancreas Device System Market Analysis to 2025 is a specialized and in-depth study of the Artificial Pancreas Device System Industry with a focus on the global market trend. The report aims to provide an overview of global Artificial Pancreas Device System Market with detailed market segmentation by product/application and geography. The global Artificial Pancreas Device System Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Artificial Pancreas Device System players and offers key trends and opportunities in the market.

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Top Dominating Key Players:

1. Defymed
2. TypeZero Technologies, Inc.
3. Insulet Corporation
4. Bigfoot Biomedical, Inc.
5. Medtronic
6. Dexcom, Inc.
7. Admetsys
8. Beta Bionics
9. Cellnovo
10. Tandem Diabetes Care

Global artificial pancreas device systems market, based on the type was segmented into control to range, control to target and threshold device systems. In 2017, the threshold suspended device systems segment held a largest market share of 71.5% of the artificial pancreas device systems market, by type. The threshold suspended device systems is the largest segment among the type segment in the artificial pancreas devices system market in 2017 and is also anticipated to hold the largest market in the year 2025. However, the control to target segment is the fastest growing segment and is accounted to grow at the CAGR of 21.4% over the forecast years.

The market is likely to witness a rapid growth owing to factors such as growing prevalence of diabetes, developments by major players, and rise in demand for computerized systems for glycemic control. Additionally, the market is also likely to be accelerated by new product launches by market players that are presently in the pipeline. However, availability of alternatives for artificial pancreas device systems and high cost associated with these systems are expected to hinder the market growth in the coming years.

The Artificial Pancreas Device System Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2025, considering 2018 as the base year and 2018 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Global Artificial Pancreas Device Systems Market - By Type

-Control to Range
-Control to Target
-Threshold- Suspended Device Systems

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Reason to Buy:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Artificial Pancreas Device System 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 Artificial Pancreas Device System, thereby allowing players 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 commercial interest with respect to products, segmentation and industry verticals.

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 Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:

The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com

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