Press release
What's driving the Artificial Pancreas Devices Systems Market trends? Medtronic, Bigfoot, Biomedical, Beta Bionics, Admetsys, Insulet, Tandem Diabetes Care, Defymed
Market Study Report LLC adds new research on Artificial Pancreas Devices Systems market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Artificial Pancreas Devices Systems market also includes an in-depth study of the industry competitive scenario.According to this study, over the next five years the Artificial Pancreas Devices Systems market will register a 13.8% CAGR in terms of revenue, the global market size will reach US$ 120 million by 2024, from US$ 56 million in 2019.
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The key manufacturers covered in this report:
o Medtronic
o Bigfoot Biomedical
o Beta Bionics
o Admetsys
o Insulet
o Tandem Diabetes Care
o Defymed
A brief overview of the performance of the Artificial Pancreas Device System market during the forecast timeframe has been provided. Information about the driving factors affecting the Artificial Pancreas Device System market outlook has been delivered, in conjunction with the growth rate that this business space is expected to register over the expected duration. Also, the Artificial Pancreas Device System market study delivers a detailed notion of the numerous challenges prevailing in this business space. Also, an in-depth understanding of the growth opportunities existing in this vertical is delivered in the study.
The Artificial Pancreas Device System is a system of devices that closely mimics the glucose regulating function of a healthy pancreas. Most Artificial Pancreas Device Systems consists of three types of devices already familiar to many people with diabetes: a continuous glucose monitoring system (CGM) and an insulin infusion pump. A blood glucose device (such as a glucose meter) is used to calibrate the CGM. In particular, this report presents the global market share (sales and revenue) of key companies in Artificial Pancreas Devices Systems business,
A computer-controlled algorithm connects the CGM and insulin infusion pump to allow continuous communication between the two devices. Sometimes an artificial pancreas device system is referred to as a "closed-loop" system, an "automated insulin delivery" system, or an "autonomous system for glycemic control." An Artificial Pancreas Device System will not only monitors glucose levels in the body but also automatically adjusts the delivery of insulin to reduce high blood glucose levels (hyperglycemia) and minimize the incidence of low blood glucose (hypoglycemia) with little or no input from the patient.
The classification of artificial pancreas devices systems includes threshold suspended device systems and hybrid closed-loop APDS, and the proportion of artificial pancreas devices systems in 2017 is about 60%, and the proportion is in decreasing trend from 2013 to 2017. Artificial pancreas devices systems are widely used in hospital and clinic. The most proportion of artificial pancreas devices systems is in hospital, and the proportion in 2017 is about 59%. North America is the largest consumption place, with a consumption market share nearly 54% in 2017. Following North America, Europe is the second largest consumption place with the consumption market share of 35%.
This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Pancreas Devices Systems market by product type, application, key manufacturers and key regions and countries. This study considers the Artificial Pancreas Devices Systems value and volume generated from the sales of the following segments:
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Segmentation by product type:
Threshold Suspended Device Systems
Hybrid Closed-loop APDS
Other Systems
Segmentation by application:
Hospitals
Clinics
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Artificial Pancreas Devices Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Artificial Pancreas Devices Systems market by identifying its various subsegments.
Focuses on the key global Artificial Pancreas Devices Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Artificial Pancreas Devices Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Artificial Pancreas Devices Systems submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Artificial Pancreas Devices Systems Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Artificial Pancreas Devices Systems Consumption 2014-2024
2.1.2 Artificial Pancreas Devices Systems Consumption CAGR by Region
2.2 Artificial Pancreas Devices Systems Segment by Type
3 Global Artificial Pancreas Devices Systems by Players
3.1 Global Artificial Pancreas Devices Systems Sales Market Share by Players
3.1.1 Global Artificial Pancreas Devices Systems Sales by Players (2017-2019)
3.1.2 Global Artificial Pancreas Devices Systems Sales Market Share by Players (2017-2019)
3.2 Global Artificial Pancreas Devices Systems Revenue Market Share by Players
3.2.1 Global Artificial Pancreas Devices Systems Revenue by Players (2017-2019)
3.2.2 Global Artificial Pancreas Devices Systems Revenue Market Share by Players (2017-2019)
4 Artificial Pancreas Devices Systems by Regions
4.1 Artificial Pancreas Devices Systems by Regions
4.1.1 Global Artificial Pancreas Devices Systems Consumption by Regions
4.1.2 Global Artificial Pancreas Devices Systems Value by Regions
4.2 Americas Artificial Pancreas Devices Systems Consumption Growth
4.3 APAC Artificial Pancreas Devices Systems Consumption Growth
4.4 Europe Artificial Pancreas Devices Systems Consumption Growth
4.5 Middle East & Africa Artificial Pancreas Devices Systems Consumption Growth
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