Press release
Artificial Pancreas Systems Market : Facts, Figures and Analytical Insights 2020-2026
The Artificial Pancreas Systems 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.The global Artificial Pancreas Systems market is valued at 91 million US$ in 2018 is expected to reach 220 million US$ by the end of 2025, growing at a CAGR of 11.7% during 2019-2025.
The artificial pancreas is a technology in development to help people with diabetes automatically control their blood glucose level by providing the substitute endocrine functionality of a healthy pancreas. In terms of application, diabetes type 1 is the biggest downstream consummer in the global artificial pancreas system in 2017, accounting for a more than 90% share. And the revenue form this segement is estimated to see a CAGR of 13.21% from 2017 to 2025.
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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 Artificial Pancreas Systems Market: Medtronic, JDRF, Tandem Diabetes Care, Pancreum, TypeZero Technologies, Beta Bionics, Johnson & Johnson, Insulet Corp, Bigfoot Biomedical, Dexcom and others.
Global Artificial Pancreas Systems Market Split by Product Type and Applications:
This report segments the market on the basis of Types are:
Control to Range (CTR) System
Control to Target (CTT) System
Threshold Suspended Device
On the basis of Application, the market is segmented into:
Diabetes Type 1
Diabetes Type 2
Industry News:
Jun 22, 2018 - In a double boost for patients with diabetes, the FDA signed off on expanding the use of Medtronic's hybrid closed-loop insulin pump system to include patients between the ages of 7 to 13 with Type 1 diabetes and approved the Eversense continuous glucose monitoring system for patients 18 and older. The Eversense device is the first FDA-approved CGM system to include a fully implantable sensor to detect glucose, which can be worn for up to 90 days. Considered the world's first "artificial pancreas," the Medtronic's MiniMed 670G was first approved by the regulatory agency last year for use in patients with Type 1 diabetes aged 14 and older. The system includes a glucose sensor that measures glucose levels in the fluid just under the skin, the MiniMed 670G insulin pump and an infusion patch, which delivers insulin through a catheter. It uses an algorithm to self-adjust the delivery of basal, or background, insulin every five minutes based on real-time data gathered from the sensor.
28th August 2018 - Dexcom has its sights set on being a leader in artificial pancreas technology after acquiring TypeZero Technologies, a company that has a system designed to manage and regulate insulin delivery from insulin pumps. With the acquisitio, Dexcom puts itself in a position to be a major player in the development of artificial pancreas technology. The companies are confident that they'll have an automated insulin delivery system within 2019. It is exciting, for people with type 1 diabetes in particular, that artificial pancreas technology is becoming a major focus of some of the largest diabetes technology companies. TypeZero Technologies is a company that came out of the University of Virginia. The company has developed a mobile app and insulin regulation system called inControl.
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Regional Analysis For Artificial Pancreas Systems Market:
For comprehensive understanding of market dynamics, the global Artificial Pancreas Systems 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.
Artificial Pancreas Systems 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 Artificial Pancreas Systems 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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We Offer Customization On Report Based On Specific Client Requirement:
- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.
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How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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