Insulin Pump Market 2020 Strategic Assessments - Medtronic, Johnson & Johnson, Roche, SOOIL

The Insulin Pump Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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An insulin pump is a medical device used for the administration of insulin in the treatment of diabetes mellitus, also known as continuous subcutaneous insulin infusion therapy. The device configuration may vary depending on design. A traditional pump includes: the pump (including controls, processing module, and batteries); a disposable reservoir for insulin (inside the pump) a disposable infusion set, including a cannula for subcutaneous insertion (under the skin) and a tubing system to interface the insulin reservoir to the cannula. Other configurations are possible. For instance, more recent models may include disposable or semi-disposable designs for the pumping mechanism and may eliminate tubing from the infusion set.

The global insulin pump market is supported by various growth drivers, increasing diabetic population, increased life expectancy, ageing population, new product innovation and expansion of global market etc. Yet, the market faces certain challenges, such as high cost of insulin pumps, threat from implantable insulin pump, invention of artificial pancreas and complicated software used in insulin pumps etc.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Insulin Pump Market: Medtronic, Johnson & Johnson, Roche, SOOIL, Tandem Diabetes care, Insulet Corp, Valeritas, Microport and others.

Latest news and developments:

February 12, 2020: Medtronic has recalled its 600 series of MiniMed insulin pumps due to a missing or broken retainer ring, which helps to lock the insulin cartridge in place in the pump's reservoir compartment, according to the FDA. The FDA stated that if the insulin cartridge is not locked firmly in place, under- or over-delivery of insulin?may occur, which could result in hypoglycemia or hyperglycemia. The agency identified the issue as a class I recall, the most serious type of recall, which indicates that use of such devices may cause serious injuries or death.

October 10, 2018: Medtronic of Canada Ltd., a subsidiary of Medtronic plc (NYSE: MDT), announced it has received a licence from Health Canada for the MiniMed(TM) 670G system -- the first insulin pump system in Canada that helps to stabilize glucose levels 24 hours a day by automatically adjusting basal insulin delivery based on real-time insulin needs. This new system allows people with type 1 diabetes to take greater control of their disease through increasing levels of automation that minimize exposure to both high and low blood glucose levels.

Global Insulin Pump Market Split by Product Type and Applications:

This report segments the market on the basis of Types are:

Normal
Patch Pump

On the basis of Application, the market is segmented into:

Type I Diabetes
Type II Diabetes

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Regional Analysis For Insulin Pump Market:

For comprehensive understanding of market dynamics, the global Insulin Pump market is analyzed across key geographies namely:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Insulin Pump Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020-2026.

Following are major Table of Content of Insulin Pump Market:

- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview

- Global Market competition by top Players

- Analysis by Regions

- Consumption by Regions

- Consumption, By Types, Revenue and Market share by Types

- Consumption, By Applications, Market share (%) and Growth Rate by Applications

- Complete profiling and analysis of Players

- Industrial Chain, Sourcing Strategy and Downstream Buyers

- Marketing Strategy Analysis, Distributors/Traders

- Global Market Effect Factors Analysis

- Global Market Forecast

- Global Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter's Five Forces Analysis and SWOT Analysis.

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