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Insulin Pump Market: Growth Opportunities Created by Covid19 Outbreak

06-11-2020 09:11 AM CET | Health & Medicine

Press release from: Fortune Business Insights Pvt. Ltd

Insulin Pump Market: Growth Opportunities Created by Covid19

The global insulin pump market is likely to gain impetus from the ever-increasing prevalence of diabetes reported worldwide. Coupled with this, the rising geriatric population and surging number of people affected by type 1 diabetes would drive the market growth. Fortune Business Insights™ provided this information in a recent report, titled, “Insulin Pump Market Size, Share & Industry Analysis, By Product Type (Pumps (Tethered Pumps, Patch Pumps, and Others), and Consumables), By Disease Indication (Type 1 Diabetes and Type 2 Diabetes), By Distribution Channel (Hospital Pharmacy Retail Pharmacy, and Online Stores), and Regional Forecast, 2020-2027.” The report further states that the insulin pump market size was USD 4.15 billion in 2019 and is projected to reach USD 8.50 billion by 2027, exhibiting a CAGR of 9.4% during the forecast period.

The report covers:

Global Insulin Pumps Market trends, with detailed analysis on consumer trends & manufacturer trends.
Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
Key areas of investments identifying market opportunities and challenges in forecast timeframe.
Competitive analysis of the industry players along with the overview on strategic management.
Comprehensive company profiles of the major industry players.
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/insulin-pump-market-102735

Leading Players operating in the Insulin Pumps Market are:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

Medtronic
Insulet Corporation
Hoffmann-La Roche Ltd.
Tandem Diabetes Care, Inc.
YPSOMED
Others
Drivers & Restraints-

Rising Technological Developments in Drug Delivery Systems to Propel Growth

New products are being launched by renowned companies nowadays owing to the advent of technological developments in the field of drug delivery systems. It is likely to drive the insulin pumps market growth in the near future. In addition to that, the manufacturers are persistently aiming to focus on upsurging the adoption and penetration of insulin pumps by creating awareness and reimbursement. It is mainly done in patients living with type 2 diabetes. However, many patients across the globe are dependent on other devices, such as insulin pens and injections, other than insulin pumps. It may hinder the growth of the market.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/insulin-pump-market-102735

Segment-

Type 2 Diabetes Segment to Grow Remarkably Backed by New Product Launches

In terms of disease indication, the market is bifurcated into type 1 diabetes and type 2 diabetes. Out of these, the type 1 diabetes segment is expected to procure the maximum insulin pumps market share in the coming years. This growth is attributable to the increasing usage of insulin pumps amongst these patients, unlike those living with type 2 diabetes. The Centers of Disease Control and Prevention stated that in 2018, around 1.4 million adults belonging to the age group of 20 years and above living in the U.S. with type 1 diabetes used insulin. But, the type 2 diabetes segment would also showcase a remarkable growth because of the presence of favorable health reimbursement and rising number of novel product launches.

Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Prevalence of Diabetes – For Key Countries
Ageing Population - For Key Countries
Overview of Cost Burden of Diabetes
Reimbursement Scenario - For Key Countries/Regions
Technological Advancement in Insulin Pump Market
New Product Launches
Key Industry Developments - Mergers, Acquisitions and Partnerships
Global Insulin Pump Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product Type
Pumps
Tethered Pumps
Patch Pumps
Others
Consumables
Market Analysis, Insights and Forecast – By Disease Indication
Type 1 Diabetes
Type 2 Diabetes
Market Analysis, Insights and Forecast – By Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Stores
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
North America Insulin Pump Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product Type
Pumps
Tethered Pumps
Patch Pumps
Others
Consumables
Market Analysis, Insights and Forecast – By Disease Indication
Type 1 Diabetes
Type 2 Diabetes
Market Analysis, Insights and Forecast – By Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Stores
Market Analysis, Insights and Forecast – By Country
S.
Canada
TOC Continued…

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/insulin-pump-market-102735

Report Focus:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Insulin Pumps Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates

Reasons to Purchase this Report:

Comprehensive analysis of the Insulin Pumps Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email:sales@fortunebusinessinsights.com

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